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Wednesday, July 16, 2025

World

Tesla to hold shareholder vote on whether to invest in xAI

New York, July 15 (UNI) Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest in his artificial intelligence startup xAI, the billionaire said.“If it was...

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...

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...

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...

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...
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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 percent.In its April 2025 World Economic...

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...
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