Page 527 - World News

US keeps India on 'priority watch list' for alleged IP violations

Country has made 'meaningful progress' but other concerns have not been resolved, says USTR

UPS to cut 20,000 jobs on lower Amazon shipments; profit beats estimates

The company last year said it cut its workforce by 12,000 jobs. It expects expenses between $400 million to $600 million during 2025

US goods trade deficit widens in March due to sharp jump in imports

Goods imports soared $16.3 billion to $342.7 billion, likely as businesses rushed to bring in goods to avoid President Donald Trump's sweeping tariffs

Wall Street choppy as markets juggle trade war news, mixed earnings

The world's two largest economies have slapped tit-for-tat import tariffs on each other and uncertainty around the state of negotiations between the two has kept markets on edge

Amazon denies plans to display Donald Trump-imposed tariffs on listings

Trump has imposed a tsunami of tariffs on US trading partners, including China, which has seen tariff costs rise by 145 per cent since Trump took office

How the US dollar became the world's most powerful reserve currency

What is a reserve currency? How did the dollar come to dominate global trade and finance? And why might some countries prefer to steer clear of the role altogether? Read on to find out

World Bank forecasts commodity prices to fall to pre-covid levels by 2026

The World Bank report also forecast that gold prices are likely to set a new record in 2025 as investors seek safe havens for capital amid rising uncertainty, but the price will stabilize in 2026

Coca-Cola reports double-digit volume growth in India, helped by Thums Up

Net income rose 5 per cent to USD 3.3 billion for the quarter. Adjusted for one-time items, the Atlanta company earned 73 cents per share. That beat expectations of 72 cents

AO Smith Q1 revenue dips 2% on weak US, China water heater demand

The company, which makes residential and commercial water heaters, boilers, tanks and treatment products, posted a 2 per cent fall in quarterly sales to $963.9 million

S&P Global to separate its mobility division from parent to streamline biz

S&P Global's first-quarter profit beat analysts' expectations, as demand for its data and analytics offerings remained robust amid economic turmoil

Donald Trump's first 100 days 'disastrous' for human rights, warns Amnesty

US' failures to address inequalities, climate collapse, and tech transformations around the world could imperil future generations, says international non-government organisation Amnesty International

Spotify Q2 profit forecast misses estimates as payroll taxes weigh down

It expects monthly active users to rise to 689 million in the second quarter, compared with LSEG-compiled estimates of 684.9 million. Premium subscribers are expected to increase to 273 million

Decoded: Reasons behind massive power outage in Spain and Portugal

The blackout hit major cities including Madrid, Barcelona, Lisbon, Seville, and Valencia, disrupting public transport, air travel, mobile networks, and internet services

Space made me feel decades younger, says 70-year-old NASA astronaut

NASA's oldest full-time astronaut, Don Pettit, returned to Earth aboard a Russian Soyuz capsule after spending 220 days on the International Space Station

Pfizer beats Q1 profit estimates on cost cut, strong sale of heart drug

It reported total revenue of $13.70 billion for the first quarter, compared with analysts' expectations of $13.91 billion, according to LSEG data

Musk nears end of 130-day DOGE stint, $113 billion wealth wiped out

Tesla's stock dropped 33% since inauguration. The EV maker's sales plummeted

22 killed, 3 injured in restaurant fire in China's Liaoning province

The fire broke out at 12:25 p.m. (0425 GMT) in a restaurant in a residential area of Liaoning Province's Liaoyang City, state broadcaster CCTV said

How Trudeau's retreat gave Carney space to lead Liberals to win in Canada

Canada election 2025: Mark Carney leads Liberals to a fourth term after Justin Trudeau's low-key exit resets the party's fortunes and Conservatives stumble despite early lead

Global stocks, dollar edge up as US signals easing of auto tariffs

Canada's dollar dipped against a broadly-firm US currency as Canadian Prime Minister Mark Carney's Liberals retained power in Monday's election

Two killed, 56 injured after leaking oil tanker explodes in Pakistan

The explosion happened as firefighters were trying to put out the fire Monday in the Naushki district of Balochistan province, local police officer Atta Ullah said