Page 205 - World News

Trump drops tariffs on beef, coffee, tropical fruit to ease price pressure

The move comes after voters in off-year elections earlier this month cited economic concerns as their top issue

US administration plans broad tariff exemptions to curb rising food prices

The exemptions are expected to include beef and citrus products, although the people cautioned that President Trump had not made a final decision

China's economy slows as factory output, retail sales hit yearly lows

Retail sales, a gauge of consumption, expanded 2.9 per cent last month, also their worst pace since August last year, and cooled from a 3.0 per cent rise in September

UK's Reeves abandons plans to raise income tax rates, roiling markets

As recently as Monday, she said it would not be possible to stick to this pledge without 'deep cuts' to public investment

Google offers ad tech changes to settle €3 bn EU antitrust order

Despite the offer, the company said it still disagrees with the European Commission's September decision and plans to appeal

Court blocks new US curbs on immigrants seeking commercial driving licences

The court said the federal government didn't follow proper procedure in drafting the rule and failed to articulate a satisfactory explanation for how the rule would promote safety

Walmart CEO Doug McMillon to retire, insider John Furner named top boss

McMillon, 59, will be replaced by U.S. division chief CEO John Furner, 51, a veteran with three decades at the company

At least 4 killed, 27 injured in Russia's massive combined attack on Kyiv

At least 430 drones and 18 missiles were used in the attack across the country, Ukrainian President Volodymyr Zelenskyy said

India should be leader of reform process at WTO: Ngozi Okonjo-Iweala

She said that India's economy is growing at a healthy pace and it is a leader in areas such as technology

US lawmaker to introduce bill to completely eliminate H-1B visa programme

Trump administration has launched a massive crackdown to check abuse in the H-1B visa programme which is used by companies, particularly technology companies

Nike ends initiative that offered employees a week off for wellness

Nike's annual "Wellness Week," had been held each August, with the world's largest sportswear company powering down its corporate headquarters in Beaverton, Oregon, to give staff more time to unwind

Verizon weighs up to 20,000 layoffs as new CEO Dan Schulman takes charge

Verizon has about 100,000 employees. The planned cuts are part of an aggressive strategy that Schulman recently unveiled to reclaim market share

Asian stocks slide as hawkish Fed comments crush hopes of early rate cut

Japan's Nikkei tumbled 1.8 per cent on Friday, Australia's resources-heavy shares slid 1.5 per cent, while South Korea plunged 2.3 per cent

Trump signs executive order to support children coming out of foster care

Trump talked about how every year, 15,000 children find themselves at a paucity of support upon stepping outside of foster care homes

British billionaire Joe Lewis pardoned by Trump for insider trading

Lewis, 88, had requested a pardon so he could receive medical treatment and visit his grandchildren and great grandchildren in the United States

BBC apologises to Trump, but says there's no basis for defamation claim

The BBC said Chair Samir Shah sent a personal letter saying that he and the corporation were sorry for the edit of the speech Trump gave before some of his supporters stormed the US Capitol

States scramble to send full SNAP food benefits after shutdown ends

While some states already had issued full SNAP benefits, about two-thirds of states had issued only partial benefits or none at all before the government shutdown ended

Reached trade frameworks with Argentina, Ecuador, El Salvador: Trump admin

The frameworks are about increasing the ability of US firms to sell industrial and agricultural products in these countries

Trump admin labels 4 European left-wing networks as terrorist groups

The networks targeted by Trump's Republican administration all appear to be based in Europe, with no operations in the United States

Blue Origin launches huge rocket carrying twin Nasa spacecraft to Mars

It was only the second flight of the rocket that Jeff Bezos' company and Nasa are counting on to get people and supplies to the moon