Ahead of election, Trump imposes new curbs on H-1B visas

The Trump administration has announced new restrictions on H-1B non-immigrant visa programme which it said is aimed at protecting American workers, restoring integrity and to better guarantee that H-1B petitions are approved only for qualified beneficiaries and petitioners, a move which is likely to affect thousands of Indian IT professionals.

The interim final rule announced by the Department of Homeland Security on Tuesday, less than four weeks ahead of the US presidential election, will narrow the definition of “specialty occupation” as Congress intended by closing the overbroad definition that allowed companies to game the system.

It will also require companies to make “real” offers to “real employees,” by closing loopholes and preventing the displacement of the American workers.

 

And finally, the new rules would enhance the department’s ability to enforce compliance through worksite inspections and monitor compliance before, during and after an H1-B petition is approved.

The H1B visa is

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Donald Trump administration imposes new curbs on H-1B visas to protect US workers, narrows ‘specialty occupation’ definition



a man wearing a suit and tie: Donald Trump administration imposes new curbs on H-1B visas to protect US workers, narrows ‘specialty occupation’ definition


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Donald Trump administration imposes new curbs on H-1B visas to protect US workers, narrows ‘specialty occupation’ definition

Washington: The Trump administration has announced new restrictions on H-1B nonimmigrant visa programme which it said is aimed at protecting American workers, restoring integrity and to better guarantee that H-1B petitions are approved only for qualified beneficiaries and petitioners, a move which is likely to affect thousands of Indian IT professionals.

The interim final rule announced by the Department of Homeland Security on Tuesday, less than four weeks ahead of the US presidential election, will narrow the definition of “specialty occupation” as Congress intended by closing the overbroad definition that allowed companies to game the system.

It will also require companies to make “real” offers to “real employees,” by closing loopholes and preventing the displacement of the American workers. And finally, the new rules would enhance the department’s

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Trump admin imposes new curbs on H-1B visas to protect US workers ahead of presidential election

Washington, Oct 7 (PTI) The Trump administration has announced new restrictions on H-1B nonimmigrant visa programme which it said is aimed at protecting American workers, restoring integrity and to better guarantee that H-1B petitions are approved only for qualified beneficiaries and petitioners, a move which is likely to affect thousands of Indian IT professionals.

The interim final rule announced by the Department of Homeland Security on Tuesday, less than four weeks ahead of the US presidential election, will narrow the definition of “specialty occupation” as Congress intended by closing the overbroad definition that allowed companies to game the system.

It will also require companies to make “real” offers to “real employees,” by closing loopholes and preventing the displacement of the American workers. And finally, the new rules would enhance the department’s ability to enforce compliance through worksite inspections and monitor compliance before, during and after an H1-B petition is approved.

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U.S. tech giants face curbs on data sharing, digital marketplaces, under draft EU rules

By Foo Yun Chee

BRUSSELS (Reuters) – Alphabet unit Google, Facebook, Amazon, Apple and other U.S. tech giants could be banned from favouring their services or forcing users to sign up to a bundle of services under draft EU rules aimed at reining in their power.

The draft rules, known as the Digital Services Act, aim to set the ground rules for data-sharing and how digital marketplaces operate. They are expected to come into force by the end of the year.

The European Commission is taking a tough line against U.S. tech giants, driven in part by antitrust cases resulting in decisions that subsequently failed to boost competition because of the lengthy process that typically takes several years.

The case has taken on urgency because of the dependence of thousands of EU companies on the tech giants for their business.

Gatekeepers, such as companies with bottleneck power or strategic market

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EMERGING MARKETS-SMIC curbs help S.Korean, Taiwan stocks after Chinese data boost

    * Jakarta COVID-19 curbs extended 
    * Malaysia's ruling coalition wins state election; reduces
political uncertainty 
    * South Korea, Taiwan chipmakers rise after U.S tightens
exports
to China's SMIC

    Sept 28 (Reuters) - South Korean and Taiwanese stocks each
closed over 1% higher on Monday as investors priced in a boost
for their tech-focussed economies from tighter U.S. curbs on
China's biggest chipmaker, adding to a bright start to the week
for most Asian markets.
    Data showing profits at Chinese industrial firms grew for a
fourth straight month underpinned stock markets in the region,
although the extension of export curbs on Semiconductor
Manufacturing International Corp left
Shanghai's broad index marginally lower.
    The dual-listed chipmaker's shares plunged more than 5% in
both Shanghai and Hong Kong.

    Local chipmakers gained the most in Seoul, helping the
market rise 1.3% as the number of domestic COVID-19
infections fell to its lowest in nearly two 
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EMERGING MARKETS-SMIC’s U.S. curbs aid S.Korean, Taiwan stocks after Chinese data boost

    * Jakarta COVID-19 curbs extended 
    * Malaysia's ruling coalition wins state election; reduces
political uncertainty 
    * South Korea, Taiwan chipmakers rise after U.S tightens
exports
to China's SMIC

    By Nikhil Nainan
    Sept 28 (Reuters) - South Korean and Taiwanese stocks
climbed over 1% each on Monday as investors priced in a boost
for their tech-focussed economies from tighter U.S. curbs on
China's biggest chipmaker, adding to a broadly brighter start
across Asian markets. 
    Data showing profits at Chinese industrial firms grew for a
fourth straight month underpinned stock markets in the region,
although the extension of export curbs on Semiconductor
Manufacturing International Corp left
China's own indices flat after a strong start.

    The dual-listed chipmaker's shares plunged more than 5% in
both Shanghai and Hong Kong.

    Stocks in Seoul climbed 1.2% with local chipmakers
gaining the most, also helped by a fall in the number of daily
COVID-19 infections to 
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Huawei to continue tech development despite US curbs

Guo Ping, rotating chairman of Huawei. [Photo provided to chinadaily.com.cn]

Despite the US government’s intensified crackdown, Huawei Technologies Co will continue its push to apply cutting-edge technologies to more industries and help businesses and governments embrace digital transformation, a senior company official said on Wednesday.

Guo Ping, rotating chairman of Huawei, said the Chinese tech giant is still assessing the specific impacts of Washington’s latest chip curbs which took effect earlier this month, and Huawei is working hard for survival.

“We will spare no efforts to help our supply chain partners. Helping them is helping ourselves,” Guo said.

The senior executive used a quote from Alexandre Dumas to describe the company’s state – “All human wisdom is contained in these two words—’Wait and Hope.'”

Guo made the remarks at Huawei Connect 2020, an annual flagship event hosted by Huawei for the global information and communication technology industry.

At the event,

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