Business
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...
Business
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...
Business
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...
Business
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...
Business
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...
Spotify to cut 6 pct of global workforce
San Francisco: Music streaming service company Spotify announced on Monday that it will lay off about 6 percent of its global workforce, impacting some...
Twitter Lost 80 pc of its workforce under Elon Musk – Reports
Washington: The number of employees at Twitter has decreased by about 80% since US entrepreneur Elon Musk’s multibillion-dollar acquisition, CNBC reports citing internal company...
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...