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Thursday, June 12, 2025

World

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...

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...

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...

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...

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...
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China urges US to immediately lift tariffs that undermine trading system

Beijing: The new unilateral tariffs of the United States violate WTO rules and undermine the multilateral trading system, Beijing calls on Washington to immediately...

IMF completes 3rd review under 48-month Extended Fund Facility with SL

Colombo: The International Monetary Fund (IMF) Executive Board completed the third review under the 48-month Extended Fund Facility (EFF) with Sri Lanka, providing the...

Bitcoin falls below $80k first time since Nov 2024 – Trading Data

Moscow: The price of bitcoin fell by 5.5% on Friday, falling below $80,000 for the first time since November 2024, according to trading data.On...

YouTube surpasses 1 bln monthly active podcast viewers

San Francisco: YouTube announced on Wednesday that the company has surpassed 1 billion monthly active podcast viewers.In the United States, YouTube, including YouTube Music,...

Trump vows no more no less tariff on trading partners

New Delhi: Continuing his aggressive stance on trade, US President Donald Trump has reiterated that America will charge reciprocal tariff to trading partners which...

Trump raises aluminum tariffs to 25 pc, ends exemptions on steel and aluminum

Washington: U.S. President Donald Trump on Monday signed proclamations to raise tariffs on aluminum from 10 percent to 25 percent and ended duty-free quotas,...
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