Category: Breaking News
Trump administration to offer relief to car manufacturers amid continued 25% tariff
The US administration plans to implement measures by Tuesday to reduce the impact of automotive import tariffs, allowing manufacturers additional time to shift production to US soil. While the 25 … Read More
Canadian firm submits first application seeking US approval for deep-sea mining in international waters
The Metals Company (TMC), a Canadian firm, has applied to the US for deep-sea mineral mining in international waters, a first of its kind. Supported by Trump’s initiative, TMC aims … Read More
US consumer confidence sinks to 5-year low driven by tariffs, recession fears
American consumer confidence has plummeted to its lowest point since the pandemic’s start, driven by tariff concerns under President Trump’s administration. The Conference Board reported a significant drop in April, … Read More
Will not engage in market dumping: Chinese envoy reassures India
Amid trade war concerns, Beijing assures India it won’t flood markets with cheap goods, emphasizing compliance with WTO rules and focus on domestic demand. China aims to avoid disrupting other … Read More
US job openings drop to 7.2 million in March amid tariff-driven uncertainty
US job openings declined in March, signaling economic uncertainty linked to President Trump’s trade policies, despite a pause on tariffs for most countries except China. The Labor Department reported 7.2 … Read More
India powers volume growth for Coca-Cola in March quarter
Coca-Cola’s volume growth in the March quarter was propelled by strong performance in India, China, and Brazil, offsetting weaker consumer sentiment in North America. Asia Pacific recorded a 6% volume … Read More
US stocks open mixed, weighed down by Trump’s tariff uncertainity
U.S. stocks opened mixed as the Dow edged up while the Nasdaq and S&P 500 dipped. Global markets found stability amid corporate earnings and economic updates, with European markets showing … Read More