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...
Twitter shareholders approve $44bn Musk deal
San Francisco: Twitter's shareholders have voted to approve a deal with Elon Musk to buy the company for $44 billion.The decision was made in...
Bangladesh goes for uniform USD-taka rates
Dhaka: Bangladesh banks have fixed the maximum exchange rates of the US dollar against the Bangladeshi taka for export-import bills and remittances in a...
Uganda is absolutely safe, woos investors : Minister Henry Okello
Chennai: Uganda Minister of State for Foreign Affairs in charge of International Affairs Henry Okello today said his country was absolutely sage and invited...
I-phone production outside China difficult for Apple
Apple has finally started an assembling unit of I-phones in India and the company is willing to shift its manufacturing unit from China to...
Bed Bath & Beyond CFO falls to death from NY skyscraper
New York: Authorities here have confirmed the death of Bed Bath & Beyond's chief financial officer Gustavo Arnal.Police say 52-year-old Arnal fell from a...
Japanese yen slips to 24-year low against US$
Tokyo: The Japanese yen has declined to its lowest level against the US dollar since August 1998, prompting the government to weigh action.On Friday,...