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Tuesday, March 11, 2025

World

China urges US to immediately lift tariffs that undermine trading system

Beijing: The new unilateral tariffs of the United States violate WTO rules and undermine the multilateral trading system, Beijing calls on Washington to immediately lift them, the Chinese Commerce...

IMF completes 3rd review under 48-month Extended Fund Facility with SL

Colombo: The International Monetary Fund (IMF) Executive Board completed the third review under the 48-month Extended Fund Facility...

Bitcoin falls below $80k first time since Nov 2024 – Trading Data

Moscow: The price of bitcoin fell by 5.5% on Friday, falling below $80,000 for the first time since...

YouTube surpasses 1 bln monthly active podcast viewers

San Francisco: YouTube announced on Wednesday that the company has surpassed 1 billion monthly active podcast viewers.In the...

Trump vows no more no less tariff on trading partners

New Delhi: Continuing his aggressive stance on trade, US President Donald Trump has reiterated that America will charge...
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Amazon overtakes Apple as world’s most valuable brand despite losing $51bln

Washington: Amazon has reclaimed top spot as the world's most valuable brand despite losing $51 billion this year, or 15% of its value, according...

Microsoft to fire approximately 11,000 workers amid slowing world economy – Reports

Washington: US tech giant Microsoft is set to fire approximately 11,000 workers to address the impacts of a slowing world economy, Sky News reported.The...

Fast food giant McDonalds to make job cuts: Reports

Washington: Fast food titan McDonald's is planning to cut some of its corporate staff, CNN reported citing a company memorandum."We will evaluate roles and...

Meta hit with 390 mn euro fine for data breaches

Dublin: Facebook parent company Meta Ireland has been fined a total of 390 million euros (413 million US dollars) for breaches of European Union...

Twitter eases policy on political advertising in US

Washington: US social media company Twitter said on Wednesday it was softening the platform's policy on political advertising."Today, we're relaxing our ads policy for...

Musk announces changes to speed up Twitter server work

Washington: US entrepreneur and Twitter owner Elon Musk on Thursday announced the implementation of changes to the social network’s database server to speed up...
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