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Tuesday, July 1, 2025

World

IMF board enables disbursement of about $500 mln to Ukraine – Statement

Washington: The IMF Board has approved a nearly $500 million disbursement to Ukraine following a review of the Extended Fund Facility program, the Fund announced in a statement on...

Trump launches sales of fragrances called ‘victory 45-47’

Washington: US President Donald Trump launched the sale of fragrances called "Victory 45-47" for both men and women."Trump...

Tesla inks deal with Chinese partners to construct grid-side-energy storage station in Shanghai

Shanghai: US car maker Tesla on Friday inked a deal with Chinese partners to build a grid-side energy...

Microsoft fires another 300 people after recent major layoff – Reports

Washington: US tech corporation Microsoft has cut its staff by more than 300 people after a major layoff...

U.S. to double steel, aluminum tariffs to 50 pct

New York: U.S. President Donald Trump announced Friday that he plans to double tariffs on steel and aluminum...
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Mexico continues negotiations with US on tariffs concerning steel, and automotive sectors

Mexico City: After a phone conversation with her U.S. counterpart, Mexican President Claudia Sheinbaum has decided to continue negotiating the tariff issue concerning the...

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...

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 inappropriate level of two world powers,...

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 to a media release from the...

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 Musk as CEO amid falling stock...

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 percent.In its April 2025 World Economic...
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