Page 555 - World News

New Trump tariffs push total China duties to 145%, key imports spared

The cumulative tariff burden on some Chinese products stands at 145 per cent, including duties left in place from previous administrations

London's Imperial College to open Indian hub in Bengaluru: Prez Hugh Brady

The hub called "Imperial Global India" will be established as a Liaison Office and will focus on strengthening and co-creating new research partnerships

US, Russia describe talks on diplomatic missions as constructive & positive

The meeting of the US and Russian delegations in Istanbul followed initial talks in February, after the war in Ukraine triggered the biggest confrontation between Moscow and the West since Cold War

House GOP okays Trump's big bill framework after intense internal wrangling

Donald Trump, at a black-tie fundraising dinner this week, had admonished Republicans to 'stop grandstanding' on the budget

Man uses AI avatar in court, raising fresh concerns over ethical boundaries

The use of an AI-generated avatar in a New York courtroom has sparked a debate over the ethical boundaries of artificial intelligence, raising questions about its role in legal proceedings and beyond

OpenAI sues Elon Musk for unfair competition, escalating legal feud

The allegations against Musk were filed Wednesday in a federal court in California as a counterclaim to Musk's lawsuit against OpenAI

US inflation slows in March, offering relief before looming tariff impact

The inflation slowdown reflected a decline in energy costs, used vehicles, hotel stays and airfares. The cost of motor vehicle insurance

Wall Street opens lower after sharp rally on Trump tariff reversal

The Dow Jones Industrial Average fell 611.5 points, or 1.51 per cent, at the open to 39,996.93

UK financial watchdog's Indian-origin CEO re-appointed for second term

The FCA, as a regulator for the UK's financial markets and over 40,000 financial services firms, is in charge of holding them to account

Pakistan to invite fresh bids for privatising national airline PIA

However, Islamabad's attempt to privatise PIA last year fell flat when it received only a single offer, well below the asking price of more than $300 million

Prada to buy Versace for $1.375 bn, uniting top Italian fashion houses

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss

China slashes US film imports over tariffs, says open to fair dialogue

Separately, China's Commerce Ministry spokesperson He Yongqian told a press briefing on Thursday that while Beijing remains open to talks

China says open to dialogue with US, but 'threats not the right way'

The Chinese spokesperson said the Asian nation is hopeful of working with the US to resolve differences through dialogue

Meet Stephen Miran: Trump's economic advisor behind US reciprocal tariffs

Stephen Miran is considered the brains behind Trump's reciprocal tariffs that shook global markets. Here's a closer look at Miran and his views on US' economic and trade policies

'Storms can't overturn sea': Xi Jinping's speech resurfaces amid trade war

A 2018 speech by Chinese President Xi Jinping goes viral as US and China implement tit-for-tat tariffs on one another

EU will put tariff retaliation on hold for 90 days to match Trump's pause

European Commission President Ursula von der Leyen said that the commission took note of the announcement by President Trump

How far will Trump's tariffs go? A timeline of US-China trade war

US-China trade war: 20, 54, 104, 125 per cent tariffs, company backlisting, antitrust probes, lawsuits, and more

Fresh arrest warrant issued against Sheikh Hasina, daughter in graft case

On Thursday, Dhaka Metropolitan Senior Special Judge Zakir Hossain Galib accepted the charge sheet submitted by the Anti-Corruption Commission

EU chief hails Trump's tariff pause, stays quiet on bloc's retaliatory plan

Von der Leyen described the halt on reciprocal tariffs as an important step towards stabilising the global economy

Defence chiefs from 30 nations to attend Nato talks on future Ukraine force

Meeting at Nato HQs- the first between defence ministers representing the so-called coalition of the willing comes after a visit to Kyiv last week by senior British and French military officers