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Tuesday, May 13, 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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ADB predicts tourism in Asia-Pacific to rebound to pre-pandemic level by 2024

Manila: Tourism recovery in Asia and Pacific region has picked up speed and might rebound to the pre-pandemic level by 2024, according to a...

Australia set to pass 100,000 electric vehicle milestone: report

Sydney: New research led by Australia's Electric Vehicle Council (EVC) has said Australia is on track to pass the milestone of having 100,000 electric...

Elon Musk says met with house leaders McCarthy, Jeffries to discuss fairness on twitter

Washington: Twitter CEO Elon Musk said he met with US House Speaker Kevin McCarthy and House Democratic leader Hakeem Jeffries to discuss ensuring Twitter...

Tesla reports Q4 results with record revenue, net income

San Francisco: Top U.S. electric automaker Tesla Inc. on Wednesday reported its financial results for the fourth quarter of 2022 with record revenue, net...

World output growth projected to decelerate in 2023: UN Report

New Delhi: World output growth is projected to decelerate from an estimated 3.0 per cent in 2022 to 1.9 per cent in 2023, marking...

Ford planning to cut 3,200 jobs at German factory – Reports

Berlin: US automaker Ford will cut 3,200 jobs at its factory in the German city of Cologne, German media reported.According to the IG Metall...
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