Bentley has warned that uncertainty over the UK-US trade agreement is severely damaging its business, with US-bound car sales effectively frozen. Customers are holding off purchases in anticipation of a …
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Trump Eases Auto Tariffs to Spur U.S. Manufacturing and Job Growth
by admin4773510 comments 68 viewsPresident Donald Trump is easing some auto-related tariffs in a strategic shift aimed at boosting domestic manufacturing and preserving jobs. The move comes amid growing criticism of the economic impact …
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India Ramps Up Russian ESPO Oil Imports as Chinese Demand Wanes
by admin4773510 comments 60 viewsIndia has sharply increased its imports of Russia’s ESPO Blend crude in April, capitalizing on reduced Chinese demand and favorable pricing. Supplies to Indian ports have surged to around 400,000 …
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Markets Slide as Trump Slams Fed Chair Powell, Demands Immediate Rate Cuts
by admin4773510 comments 47 viewsU.S. stock markets tumbled Monday as former President Donald Trump intensified his public attacks on Federal Reserve Chair Jerome Powell, calling him “a major loser” and demanding immediate interest rate …
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Trump Floats Relief for Automakers, Targets Semiconductors and Pharma in New Tariff Push
by admin4773510 comments 104 viewspose new levies on semiconductors and pharmaceuticals. Speaking from the White House on Monday, Trump acknowledged that automakers sourcing parts from Canada and Mexico need more time to restructure …
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Boomerang Economics: How U.S. Tariffs Are Hurting Allies Like Australia—and Itself
by admin4773510 comments 58 viewsSYDNEY, April 13 (Xinhua) – U.S. tariff policies, much like the traditional Australian boomerang, are swinging back with unintended force—striking not just global trading partners, but the U.S. economy itself. …
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Trump’s Tariffs Sour Italian Wine Industry as Vinitaly 2025 Opens Under a Cloud of Uncertainty
by admin4773510 comments 61 viewsWhat should have been a jubilant celebration of Italy’s finest wines turned somber as the 57th edition of Vinitaly, the country’s premier international wine and spirits exhibition, opened in Verona …
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Goldman Sachs to cut about 3,200 jobs after cost review
by admin4773510 comments 147 viewsAccording to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across the company this week in anticipation of challenging economic conditions. While …
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After mass layoffs, CEO Sundar Pichai to take salary cut
by admin4773510 comments 114 viewsDuring a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses for all positions above the senior vice president level within the …
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Global aviation organisation ICAO rejects Spicejet’s audit story
by admin4773510 comments 126 viewsNew Delhi: Following SpiceJet’s recent claim regarding the strength of its safety processes after an audit by the International Civil Aviation Organisation (ICAO), the UN’s civil aviation agency clarified that …