Business
IMF board enables disbursement of about $500 mln to Ukraine – Statement
Washington: The IMF Board has approved a nearly $500 million disbursement to Ukraine following a review of the Extended Fund Facility program, the Fund announced in a statement on...
Business
Trump launches sales of fragrances called ‘victory 45-47’
Washington: US President Donald Trump launched the sale of fragrances called "Victory 45-47" for both men and women."Trump...
Business
Tesla inks deal with Chinese partners to construct grid-side-energy storage station in Shanghai
Shanghai: US car maker Tesla on Friday inked a deal with Chinese partners to build a grid-side energy...
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...
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...
Adani Ports and SEZ commences operations at Colombo West Terminal
Colombo: Adani Ports and Special Economic Zone (APSEZ) has officially commenced operations at the Colombo West International Terminal (CWIT), days after the Sri Lanka...
US to consider TikTok proposal on Apr 2 – Reports
Washington: The United States will consider a final proposal over a potential TikTok deal on April 2, the CBS News broadcaster reported on Tuesday,...
IMF predicts minor downward adjustment in global economy growth due to tariffs – Georgieva
Washington: The International Monetary Fund (IMF) in its upcoming World Economic Outlook report forecasts a slight decline in global economic growth due to US...
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...