Business
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 in May, Bloomberg reported, citing a notice from the corporation to...
Business
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...
Business
Boeing strikes $1.1 bn deal with US DOJ to avoid prosecution over deadly 737 Max crashes
Arlington: Boeing has reached a non-prosecution agreement with the US Department of Justice (DOJ), allowing the aerospace company...
Business
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...
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...
Japan to inject hefty funding for chipmaker Rapidus
Tokyo: Japan's Ministry of Economy, Trade and Industry announced Monday that it will provide up to 802.5 billion yen (about 5.4 billion U.S. dollars)...
US public finances face deteriorating outlook, says Moody’s
Washington: America's "fiscal strength is on course for a continued multiyear decline," the Financial Times reported, citing credit rating group Moody's.U.S. President Donald Trump's...
US stocks advance amid tariff optimism
New York: U.S. stocks jumped higher on Monday, as U.S. President Donald Trump might scale back some of his broad tariff plans, potentially helping...
NetBlocks reports nationwide internet shutdown in Syria
Damascus: International internet monitoring service NetBlocks reports a nationwide internet shutdown in Syria."Confirmed: Live network data show a nation-scale internet outage across #Syria corroborating...
Germany: Siemens to cut more than 6,000 jobs worldwide
Berlin: German concern Siemens announced plans to cut more than 6,000 jobs in the field of automation business and production of chargers for electric...
X platform faces massive cyberattack: Musk
San Francisco: Elon Musk's X was inaccessible on Monday morning for thousands of users, including many in the United States.After about eight hours of...