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Wednesday, May 14, 2025

World

US may reduce tariffs on China to 50 pc as part of trade agreement talks – Reports

Washington: The administration of US President Donald Trump is considering the possibility of reducing import tariffs on China from 145% to 50-54% as early as next week as part...

Russia-US trade shrunk to level ‘unbecoming’ of great powers – Mission to UN

United Nations: US President Donald Trump understands that trade relations between Msocow and Washington have gotten to an...

Bangladesh to establish free trade zone

Dhaka: The Bangladeshi interim government has announced plans to establish a free trade zone (FTZ) in the country.According...

Tesla looking for CEO to remove Elon Musk – Reports

Washington: The board of directors of car automaker Tesla has begun a search for a successor to Elon...

IMF cuts Pakistan growth forecast to 2.6 pc

Islamabad: The International Monetary Fund (IMF) has lowered Pakistan’s GDP growth forecast for fiscal year 2025 to 2.6...
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Saudi Arabia wins bid to host World Expo 2030 – Foreign Ministry

Riyadh: Saudi Arabia has won the bid to host the World Expo 2030 in the kingdom's capital, Riyadh, with the event scheduled to take...

Over 1,000 Amazon workers in UK strike over pay on Black Friday – Reports

London: More than 1,000 of workers went on strike outside a major warehouse of US online retailer Amazon in the United Kingdom on Black...

Middle East conflict has caused only limited impact on trade so far, says Crisil

New Delhi: The ongoing Israel-Hamas war has caused only limited disruption in India's trade so far but widening of the conflict in the Middle...

Prada says to help Axiom Space design spacesuits for Artemis III mission to Moon

Washington: Italian luxury fashion house Prada announced Wednesday that it concluded the first "groundbreaking partnership" with US company Axiom Space to design NASA’s spacesuits...

Additional 330 workers Ford laid off amid UAW union strike brings total to 930

Washington: The Ford Motor Company has laid off an additional 330 workers at the Chicago stamping plant and the Lima engine plant amid the...

IMF expects China to meet growth target of around 5 pc in 2023

Washington: The International Monetary Fund (IMF) stated on Thursday that it maintains its expectation that China will achieve its growth target of approximately 5...
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