‘We won’t back down’: Global leaders threaten backlash to Trump auto tariff
World leaders have denounced United States President Donald Trump for unveiling a new tariff measure, this time aimed at the ...
Tag: Business and Economy
Who’s winning the global race for critical minerals?
US President Donald Trump has invoked wartime powers to boost production of critical minerals.Critical minerals are crucial to clean energy ...
Why is Pakistan’s new canal project sparking water shortage fears?
Islamabad, Pakistan – The Pakistan government has launched an ambitious agricultural project with the aim of boosting food security in ...
Trump announces 25 percent tariffs on cars, ramping up trade war
United States President Donald Trump has announced a 25 percent tariff on imported cars and car parts, his latest salvo ...
US judge sets Boeing 737 MAX fraud trial for June 23
In July, Boeing agreed to plead guilty to a criminal fraud conspiracy charge after two fatal 737 MAX crashesA United States ...
Tesla sales plummet in Europe despite EV growth
Ageing design, rising competition and controversy around Elon Musk seen driving reversal of Tesla sales.Tesla’s European sales dropped 49 percent ...
China releases five detained staff from US due diligence firm Mintz Group
Company says it is ‘grateful’ to Chinese authorities for releasing local staff after two years in detention.China has released five ...
Why is X suing the Indian government as Musk woos Modi?
When Elon Musk met Narendra Modi in Washington DC in February, the SpaceX and Tesla chief presented India’s prime minister ...
Despite rising prices, Pakistan’s love for sugar remains unshaken
Islamabad, Pakistan – When Ayesha Khan, a mother of four, was buying groceries for her family this week, sugar was high ...
How much money is actually lost to fraud, waste in the US?
Billionaire Elon Musk, the driving force behind United States President Donald Trump’s budget-cutting Department of Government Efficiency (DOGE), has broached ...
Why are Trump supporters claiming he wants to crash the US stock market?
The US stock market has had a bumpy ride since United States President Donald Trump’s election in November. After hitting ...
UK’s Reeves floats ‘radical shake-up’ of bureaucracy to cut business costs
British chancellor to meet regulators on Monday to announce the ‘action plan’ for cutting red tape.The United Kingdom’s Labour Party ...
Huge power outage in Cuba leaves millions in darkness
Latest grid collapse follows a string of nationwide blackouts in recent months.Cuba’s national power grid has collapsed once again, leaving ...
Consumer sentiment plunges as US ‘frightened’ of ‘sharply higher prices’
Weakness in sentiment reflects a deterioration in expectations for the future across multiple facets of the economy, including personal finances, ...
Elon Musk wants to use AI to run US gov’t, but experts say ‘very bad’ idea
Is Elon Musk planning to use artificial intelligence to run the US government? That seems to be his plan, but ...
Iran bets big on gold as it weathers Trump turmoil
Tehran, Iran – Iran has been importing tonnes of gold in the past few months as it hunkers down for ...
Canada announces plan to ease Syria sanctions, appoints ambassador
Ottawa to begin easing unwinding sanctions, as it names its ambassador to Lebanon to serve in a parallel role in ...
US public souring on Trump’s handling of economy, polls show
Majority of Americans disapprove of Trump’s economic management amid stock market turmoil, polls show.United States President Donald Trump’s handling of ...
‘Bloodbath’: US stock market sheds $1.75tn after Trump’s recession remarks
The United States’ stock market has shed more than $1.7 trillion in value after US President Donald Trump declined to ...
Europe’s reliance on US weapons has risen, SIPRI says
Europe’s imports of weapons made by the United States have skyrocketed in the past five years, raising serious questions about ...
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