Page 595 - World News

Trump administration plans large layoffs, targets 10K jobs in health dept

The jobs cuts come after around 10,000 employees have already opted to leave the department through so-called voluntary separation letters

US economy expands 2.4% in Q4 after upgrade; full year growth at 2.8%

The Commerce Department said that growth in gross domestic product the nation's output of goods and services decelerated from a 3.1 per cent pace in July-September 2024

US tariff hike will drive up prices for American consumers: H&M CEO

H&M is monitoring and preparing for tariffs, though these are a moving target given the uncertainty over which countries Trump's announcement will target next week, Erver said

European automakers decry Trump's auto tariffs that will 'punish consumers'

The US is the biggest export destination for the European auto industry and in 2023, European automakers exported 56 billion euros worth of vehicles and parts to the US

North Korea sent around 3,000 additional troops to Russia, says Seoul

South Korea's National Intelligence Service previously attributed the high North Korean casualties to the troops' likely struggles in adapting to drones and other elements of modern warfare

US prosecutors investigate tip about timing of Pfizer's Covid vaccine

The report said on Wednesday GSK's former head of vaccine development, Philip Dormitzer, had told his colleagues about the delay by Pfizer, where he worked before joining the British company

Trump asks two spy agencies to train satellites to surveil US-Mexico border

The National Geospatial-Intelligence Agency (NGA) and the National Reconnaissance Office (NRO) oversee spy satellites and analyse imagery for the Pentagon and other intelligence organisations

Gold climbs as new Trump tariffs on auto sector stoke trade tensions

Gold, traditionally seen as a hedge against uncertainty and inflation, has risen more than 15 per cent this year and hit an all-time peak of $3,057.21 on March 20

Hurun Rich List 2025: Elon Musk world's richest; check who trail him

The report noted that since the wealth cut-off date of January 15, 2025, Elon Musk's fortune has declined by nearly $100 billion

Oil holds near one-month high as markets weigh new trade war risks

PVM analyst Tamas Varga said oil had ignored falling equity markets on Wednesday and had firmed on the back of US tariffs against Venezuela and lower US crude and fuel inventories

Porsche, Mercedes face $3.7 bn hit from Trump tariffs on imported cars

Trump's additional 25 per cent duties, to be collected from April 3, could wipe out around a quarter of Porsche and Mercedes' projected 2026 operating earnings

Trump warns EU, Canada: 'Large-scale tariffs' coming if US economy harmed

US President Donald Trump said that far larger than currently planned tariffs will be placed on Canada and the European Union if they work together to combat trade tariffs

Israeli strikes kill family of 6, Hamas spokesman Abdel Qanoua in Gaza

Israel ended its ceasefire with Hamas last week, launching a surprise wave of strikes that killed hundreds of Palestinians

Will AI take over jobs? Bill Gates lists three professions that are safe

Bill Gates' vision for the future of AI: Warns artificial intelligence will replace many jobs but identifies three professions that will remain essential, at least for now

Thousands of Palestinians protest in Gaza in rare call to end Hamas's rule

The demonstrations against Hamas have been largely peaceful, with the militant group's police and security forces rarely appearing in public

Brazil's Bolsonaro to face trial over coup plan; here's what happens next

Legal experts estimate that Bolsonaro could be sentenced to up to 40 years in prison

Trump security team's private data and passwords exposed in online leaks

An investigation by media company Der Spiegel reveals that mobile numbers, email addresses, and even passwords of Donald Trump's key security officials were found online

Japan considering 'all options' to address US auto tariffs, says PM Ishiba

Analysts say the move could deal a heavy blow on Japan's economy given its reliance on auto exports to the United States

US states move to ban or restrict use of dyes used in candies, cereal

West Virginia, which ranks at the bottom in the US for many health metrics, became the first to sign a sweeping statewide ban on seven such dyes this week

N Korea sent 3,000 more troops to Russia, according to South's assessment

The military equipment North Korea has sent to Russia includes a considerable amount of short-range ballistic missiles