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Page 672 - World News

Trump's proposed tariffs come with inflation risks: Fed officials

Tariffs on China are set to begin on Tuesday, and Trump has signaled he will impose duties on other trading partners as well

Trump's proposed tariffs come with inflation risks: Fed officials
Updated On : 04 Feb 2025 | 10:11 AM IST

Trump's proposed tariffs could mean higher costs for Canadian whisky in US

Brands like Don Julio tequila and Jack Daniel's whiskey from producers like Diageo and Brown-Forman would become more expensive for drinkers if importers hike prices to cover tariff costs

Trump's proposed tariffs could mean higher costs for Canadian whisky in US
Updated On : 04 Feb 2025 | 9:58 AM IST

EU leaders scramble to avoid friction with US, avoid 'stupid tariff war'

Since taking office last month, US President Donald Trump has threatened to impose tariffs on EU imports and refused to rule out military force to take control of Greenland

EU leaders scramble to avoid friction with US, avoid 'stupid tariff war'
Updated On : 04 Feb 2025 | 9:45 AM IST

Singapore's DBS finds seat on table as MNCs start to look away from China

DBS Group Holdings Ltd. may want to purchase 29 per cent of Alliance Bank Malaysia Bhd., one of the country's smallest publicly traded banks, from its top investor

Singapore's DBS finds seat on table as MNCs start to look away from China
Updated On : 04 Feb 2025 | 9:42 AM IST

President Trump's tariff plan risks upending trade, stoking food inflation

Mexico, Canada and China account for about half of all American agriculture exports, and the US has become increasingly reliant on its two neighbours for fruit and vegetables

President Trump's tariff plan risks upending trade, stoking food inflation
Updated On : 04 Feb 2025 | 8:59 AM IST

Salesforce to cut 1,000 roles while hiring salespeople for AI products

More than 1,000 roles will be affected, according to the person, who asked not to be identified because the information is private. Displaced workers will be able to apply for other jobs internally

Salesforce to cut 1,000 roles while hiring salespeople for AI products
Updated On : 04 Feb 2025 | 8:52 AM IST

Donald Trump's tariff reversal feeds reputation as paper tiger on trade

Trump's threats and the prospect of them becoming real dropped US stocks and the currencies of his targets, including the Canadian dollar, Mexican peso, euro

Donald Trump's tariff reversal feeds reputation as paper tiger on trade
Updated On : 04 Feb 2025 | 8:47 AM IST

Trump plans to speak with Xi Jinping as deadline for China tariffs looms

China's reaction to Trump's initial tariff announcement - coming in the middle of a weeklong Lunar New Year holiday - was relatively muted

Trump plans to speak with Xi Jinping as deadline for China tariffs looms
Updated On : 04 Feb 2025 | 8:31 AM IST

Imran Khan writes to Army chief, urges review of establishment's approach

Khan also expressed concerns about the country's economic instability, the conduct of the recent general elections, and the state's actions against his party

Imran Khan writes to Army chief, urges review of establishment's approach
Updated On : 04 Feb 2025 | 8:19 AM IST

Washington DC judge extends block on Trump admin's federal funding freeze

US District Judge Loren L. AliKhan extended an order she issued last week that paused a sweeping plan to freeze potentially trillions in federal spending

Washington DC judge extends block on Trump admin's federal funding freeze
Updated On : 04 Feb 2025 | 8:12 AM IST

President Trump's Canada, Mexico border deals avert trade war for now

Trump and Canadian Prime Minister Justin Trudeau announced their agreement Monday in separate social media posts, just hours before the two countries were due to begin placing tariff

President Trump's Canada, Mexico border deals avert trade war for now
Updated On : 04 Feb 2025 | 7:57 AM IST

Trump admin ends temporary deportation protection for 350,000 Venezuelans

The termination notice will be published Wednesday and go into effect 60 days later

Trump admin ends temporary deportation protection for 350,000 Venezuelans
Updated On : 04 Feb 2025 | 7:56 AM IST

Ukraine strikes major Russian oil refinery twice in 3 days: Official

The attack late Sunday hit a refinery in the Volgograd region, which is one of Russia's 10 biggest refining facilities, processing close to 6 per cent of the country's oil

Ukraine strikes major Russian oil refinery twice in 3 days: Official
Updated On : 04 Feb 2025 | 7:47 AM IST

Trump orders creation of wealth fund, says it could own part of TikTok

He said Monday in the Oval Office that TikTok was an example of what he could put in a new US sovereign wealth fund

Trump orders creation of wealth fund, says it could own part of TikTok
Updated On : 04 Feb 2025 | 7:44 AM IST

Investors bet on Musk, Tesla to make fortune under Trump as threats mount

It's going to be a golden age for Tesla and Musk, said Wedbush Securities financial analyst Dan Ives, adding after an investor conference call Wednesday, This is the most bullish I've ever heard Musk

Investors bet on Musk, Tesla to make fortune under Trump as threats mount
Updated On : 04 Feb 2025 | 7:42 AM IST

Here's all you need to know about USAID and why Trump, Musk want to end it

Here's a look at USAID, its history and the changes made since Trump took office

Here's all you need to know about USAID and why Trump, Musk want to end it
Updated On : 04 Feb 2025 | 7:27 AM IST

NY AG tells hospitals to continue transgender care after Trump's order

Trump signed an executive order that directed agencies to take steps to make sure that hospitals receiving federal research and education grants end the chemical and surgical mutilation of children

NY AG tells hospitals to continue transgender care after Trump's order
Updated On : 04 Feb 2025 | 7:21 AM IST

Musk is working for Trump as a 'special govt employee': White House

The official, speaking Monday on the condition of anonymity to discuss personnel matters, said that Musk has a government email address and office space in the White House complex

Musk is working for Trump as a 'special govt employee': White House
Updated On : 04 Feb 2025 | 7:15 AM IST

Crews remove large portion of jet from river after air collision near DC

Authorities have said the operation to remove the plane will take several days and they will then work to remove the military helicopter involved in the crash

Crews remove large portion of jet from river after air collision near DC
Updated On : 04 Feb 2025 | 7:15 AM IST

Protect religious minorities: Bangladesh's Yunus asks security chiefs

He directed police and law enforcement agencies to set up a command centre to intensively monitor the law and order situation in the country

Protect religious minorities: Bangladesh's Yunus asks security chiefs
Updated On : 04 Feb 2025 | 7:01 AM IST