Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...

BRICS issues rebuke on trade and Iran, avoids direct US criticism

BRICS issues rebuke on trade and Iran, avoids direct US criticism

RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...

BP appoints ex-Shell finance chief Simon Henry to board

BP appoints ex-Shell finance chief Simon Henry to board

LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...

FedEx, UPS step up as Canada Post loses market share in strikes

FedEx, UPS step up as Canada Post loses market share in strikes

OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...

U.S. stocks steady Tuesday despite tariffs turmoil

U.S. stocks steady Tuesday despite tariffs turmoil

NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...

Beijing blamed for covert disinformation on French fighter jet Rafale

Beijing blamed for covert disinformation on French fighter jet Rafale

PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...

Birkenstock steps up legal battle over fakes in India

Birkenstock steps up legal battle over fakes in India

NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...

Beijing hits back at EU with medical device import curbs

Beijing hits back at EU with medical device import curbs

HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...

Wall Street reels after Trump invokes new tariffs

Wall Street reels after Trump invokes new tariffs

NEW YORK, New York - Monday's trading session saw mixed performances across U.S. and global markets, with several major indices posting...

Trump admin allows GE to restart engine sales to China’s COMAC

Trump admin allows GE to restart engine sales to China’s COMAC

WASHINGTON, D.C.: The U.S. government has granted GE Aerospace permission to resume jet engine shipments to China's COMAC, a person...

Saudi Aramco plans asset sales to raise billions, say sources

Saudi Aramco plans asset sales to raise billions, say sources

DUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...

Russia among 4 systemic risk countries for Italian banks

Russia among 4 systemic risk countries for Italian banks

MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...

US debt limit raised, but spending bill fuels fiscal concerns

US debt limit raised, but spending bill fuels fiscal concerns

NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...

Shein hit with 40 million euro fine in France over deceptive discounts

Shein hit with 40 million euro fine in France over deceptive discounts

PARIS, France: Fast-fashion giant Shein has been fined 40 million euros by France's antitrust authority over deceptive discount practices...

Meta hires SSI CEO Gross as AI race intensifies among tech giants

Meta hires SSI CEO Gross as AI race intensifies among tech giants

PALO ALTO/TEL AVIV: The battle for top AI talent has claimed another high-profile casualty—this time at Safe Superintelligence (SSI),...

Engine defect prompts Nissan to recall over 443,000 vehicles

Engine defect prompts Nissan to recall over 443,000 vehicles

FRANKLIN, Tennessee: Hundreds of thousands of Nissan and Infiniti vehicles are being recalled across the United States due to a potential...

Microsoft trims jobs to manage soaring AI infrastructure costs

Microsoft trims jobs to manage soaring AI infrastructure costs

REDMOND, Washington: Microsoft is the latest tech giant to announce significant job cuts, as the financial strain of building next-generation...

Stocks worldwide struggle to make ground Friday with Wall Street closed

Stocks worldwide struggle to make ground Friday with Wall Street closed

LONDON UK - U.S. stock markets were closed on Friday for Independence Day. Global Forex Markets Wrap Up Friday with Greeback Comeback...

Nvidia briefly tops Apple’s record in AI-fueled stock rally

Nvidia briefly tops Apple’s record in AI-fueled stock rally

SANTA CLARA, California: Nvidia came within a whisker of making financial history on July 3, briefly surpassing Apple's all-time market...

ICE raids leave crops rotting in California, farmers fear collapse

ICE raids leave crops rotting in California, farmers fear collapse

SACRAMENTO, California: California's multibillion-dollar farms are facing a growing crisis—not from drought or pests, but from a sudden...

Trump signals progress on India Trade, criticizes Japan stance

Trump signals progress on India Trade, criticizes Japan stance

WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would...

EU seeks trade deal framework with U.S., keeps retaliation option open: officials

EU seeks trade deal framework with U.S., keeps retaliation option open: officials

EU officials have said the bloc seeks a trade deal framework with the United States, but keeps retaliation option open. BRUSSELS,...

India's High Commissioner to UK highlights efforts to improve logistics infrastructure, create favorable business environment

India's High Commissioner to UK highlights efforts to improve logistics infrastructure, create favorable business environment

London [UK], July 9 (ANI): India's High Commissioner to the UK, Vikram Doraiswami, emphasised the country's growing focus on enhancing...

NPCI, Namibian Central Bank enter licensing agreement to develop a UPI-like instant payment system: MEA

NPCI, Namibian Central Bank enter licensing agreement to develop a UPI-like instant payment system: MEA

Windhoek [Namibia], July 9 (ANI): The Ministry of External Affairs on Wednesday confirmed a licensing agreement between India and Namibia...

Stalin of the EU: How the unelected Queen of the Union plans to keep her grip on power

Stalin of the EU: How the unelected Queen of the Union plans to keep her grip on power

If Brussels followed its professed ideals, the European Commission and its head would fall ...

US firms dodging restrictions to get Chinas minerals Reuters

US firms dodging restrictions to get Chinas minerals  Reuters

Shipments are reportedly being rerouted through Thailand and Mexico American companies are skirting China's export ban by rerouting...

Time to go: Orban demands von der Leyens departure

Time to go: Orban demands von der Leyens departure

The Hungarian PM mocked the EU chief ahead of Thursdays no confidence vote over her handling of vaccine deals Hungarian Prime Minister...

Defence spending is like insurance - how will NZ pay the higher premiums?

Defence spending is like insurance - how will NZ pay the higher premiums?

Defence spending is like insurance - you have to pay for it but you hope you never have to use it. And the higher the risk you face,...

Update: China urges EU to pursue more positive, pragmatic policy toward China

Update: China urges EU to pursue more positive, pragmatic policy toward China

BEIJING, July 9 (Xinhua) -- A Chinese foreign ministry spokesperson on Wednesday urged the European Union (EU) to form a more objective...

No plans to introduce Rs 50 coin, public prefers notes due to light weight: Centre tells Delhi HC

No plans to introduce Rs 50 coin, public prefers notes due to light weight: Centre tells Delhi HC

New Delhi [India], July 9 (ANI): The Union Finance Ministry has informed the Delhi High Court that it currently has no plans to introduce...

EVs to drive lithium-ion battery demand growth by remarkable 48% CAGR through 2030: Report

EVs to drive lithium-ion battery demand growth by remarkable 48% CAGR through 2030: Report

New Delhi [India], July 9 (ANI): The lithium-ion battery (LiB) market in India is poised for rapid growth, driven by increasing demand...

EU could hand another 100bn to Ukraine Bloomberg

EU could hand another 100bn to Ukraine  Bloomberg

A special fund is being considered in the blocs next seven-year budget, insiders have told the news outlet European Union officials...

Indian banks need to improve deposit strategies with volatile interest rate trajectory: BCG report

Indian banks need to improve deposit strategies with volatile interest rate trajectory: BCG report

New Delhi [India], July 9 (ANI): As Indian savers increasingly explore mutual funds, pensions, and direct investments, among others,...

(Hello Africa) Kenyan visitors flock to Chinese products at annual trade expo

(Hello Africa) Kenyan visitors flock to Chinese products at annual trade expo

Over 100 exhibitors, including more than 80 from China, are showcasing their products at the 10th edition of China Trade Week, which...

Indian Banks see robust market cap growth in Q2 2025 amid rate cuts and liquidity boost: Report

Indian Banks see robust market cap growth in Q2 2025 amid rate cuts and liquidity boost: Report

New Delhi [India], July 9 (ANI): Indian banks witnessed significant gains in market capitalisation during the April-June quarter of...

Samsung Electronics sees 56% drop in Q2 operating profit due to chip slump, US tariffs

Samsung Electronics sees 56% drop in Q2 operating profit due to chip slump, US tariffs

Seoul, [South Korea], July 9 (ANI): Samsung Electronics announced its second-quarter operating profit dropping by nearly 56 per cent...

Seven states raised a total of Rs 13,300 crore via auction of government securities; MP offers highest yield

Seven states raised a total of Rs 13,300 crore via auction of government securities; MP offers highest yield

New Delhi [India], July 9 (ANI): Seven major Indian states raised a total of Rs 13,300 crore in the latest round of auction of State...

World Insights: China-Egypt practical cooperation yields fruitful outcomes

World Insights: China-Egypt practical cooperation yields fruitful outcomes

CAIRO, July 9 (Xinhua) -- Under the strategic guidance of leaders of the two countries, China-Egypt relations have, over the past years,...

Interview: Egypt-China cooperation a "win-win" for shared growth, says Egypt's ex-PM

Interview: Egypt-China cooperation a "win-win" for shared growth, says Egypt's ex-PM

The cooperation between developing countries and China cannot be underestimated, Sharaf said. If fully activated, it would create tremendous...

Explainer: Where do things stand now as Trump prolongs tariff pause?

Explainer: Where do things stand now as Trump prolongs tariff pause?

The delay adds yet another twist to Trump's original 90 deals in 90 days promise -- so far yielding only two vague trade agreements...

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U.S. stocks recover after Trump-tariffs-induced slump
U.S. stocks recover after Trump-tariffs-induced slump

NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...


Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea
Stocks slide as Trump unveils 25% tariffs on Japan, S. Korea

NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...


BRICS issues rebuke on trade and Iran, avoids direct US criticism
BRICS issues rebuke on trade and Iran, avoids direct US criticism

RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...


BP appoints ex-Shell finance chief Simon Henry to board
BP appoints ex-Shell finance chief Simon Henry to board

LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...


FedEx, UPS step up as Canada Post loses market share in strikes
FedEx, UPS step up as Canada Post loses market share in strikes

OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...


U.S. stocks steady Tuesday despite tariffs turmoil
U.S. stocks steady Tuesday despite tariffs turmoil

NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...


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Abbott Ireland announces expansion plans, new jobs

DONEGAL, Ireland - Announcing plans to expand its workforce in Donegal, the U.S. healthcare giant Abbott unveiled plans to create 500 new jobs in the country.Abbott Ireland currently hires c ...

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