China says planned US tariff hikes ‘pile errors onto errors’
BEIJING: Beijing said Monday that plans by the United States to hike tariffs on more Chinese imports “pile errors onto
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World Economy
Trump transition team plans sweeping rollback of Biden EV, emissions policies
Washington: Incoming U.S. President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and
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OPEC+ extends oil supply cuts through March
VIENNA: Several OPEC+ countries, including Saudi Arabia and Russia, agreed Thursday to extend oil supply cuts for three months through
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President Xi stresses advancing high-quality Belt and Road cooperation
BEIJING: Chinese President Xi Jinping has stressed comprehensively advancing high-quality cooperation under the Belt and Road Initiative (BRI). Xi, also
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Microsoft faces £1b class action case over software prices
London: Thousands of UK businesses could receive payouts if a legal claim filed against tech giant Microsoft is successful. Regulation
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Pakistan, Saudi Arabia secure $560m in investment deals
PM hopeful of further cut in policy rate after decline in inflation ISLAMABAD: Prime Minister Shehbaz Sharif has lauded a
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Latest US strike on China’s chips hits semiconductor toolmakers
Washington: The US will launch on Monday its third crackdown in three years on China’s semiconductor industry, curbing exports to
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Thousands to strike at Volkswagen’s Germany plants
Frankfurt: Thousands of Volkswagen workers were to go on strike Monday in an escalating industrial dispute at the crisis-hit German
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Saudi Arabia approves 2025 budget with total deficit of $26.9b
RIYADH: Saudi Crown Prince Mohammed bin Salman on Tuesday approved the country’s budget for 2025, state media reported, with a
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Trump’s Treasury pick Scott Bessent to prioritize tax cut pledges
Washington: President-elect Donald Trump’s nominee for U.S. Treasury Secretary, Scott Bessent, has revealed his top priorities for the role, including
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