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Monday, May 12, 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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Indonesia’s forex reserves rise to 140.3 bln USD in February

Jakarta: Indonesia's foreign exchange reserves increased to 140.3 billion U.S. dollars at the end of February from 139.4 billion dollars of the previous month,...

Tesla shareholders sue company over claims about self-driving car safety – Filing

Washington: Tesla's shareholders are suing the electric car manufacturer over allegations that the company misled the public about the safety and efficacy of their...

Twitter fires at least another 200 employees – Reports

Washington: Twitter has laid off at least another 200 employees on Saturday evening, The New York Times reported citing sources familiar with the matter.According...

Total OECD oil stocks in Dec hit record low first time since 2004 – IEA

Moscow: The total oil and and petroleum products reserves in the Organization for Economic Co-operation and Development (OECD) countries, which include commercial and state...

Disney to cut 7k jobs in cost-saving plan

Los Angeles: U.S. entertainment giant the Walt Disney Company has announced 7,000 job layoffs from its global workforce.The job cuts represent around 3.2 percent...

Over 200 NBC, MSNBC employees plan walkout to protest layoffs – Statement

Washington: More than 200 NBC, MSNBC and Today Show employees will walk off the job on Thursday to protest company layoffs of union workers,...
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