Economy
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German Volkswagen sues India over $1.4B tax bill
Volkswagen, the German multinational conglomerate known for manufacturing passenger and commercial vehicles, motorcycles, engines, and turbomachinery, has announced that it…
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Burgeoning trade war sends Wall Street sharply lower, car makers and restaurants slide
Wall Street is pointing sharply lower Monday following President Donald Trump’s orders to impose steep tariffs on the biggest US…
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Investors are betting Musk and Tesla will make a fortune under Trump even as threats mount
For Elon Musk fans, it’s the half-a-trillion-dollar bet. That is how much the stock market value of Tesla has rocketed…
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Phishing major cybersecurity threat in Saudi Arabia in 2024: Report
Phishing is a significant cybersecurity threat in Saudi Arabia, with a majority of survey respondents experiencing phishing attacks, according to…
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Americans may feel ‘pain’ in trade war with Mexico, Canada, China: Trump
President Donald Trump said the sweeping tariffs that he has imposed on Mexico, Canada and China may cause “short term” pain for…
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Surreal prices for COP30 in Brazil’s Amazon leave attendees scrambling for accommodation
Nine months ahead of this year’s annual UN climate summit known as COP30, lodging prices in the Brazilian host city…
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Norway releases ship suspected of Baltic Sea cable damage
A Norwegian cargo ship with an all-Russian crew suspected of damaging a Baltic Sea telecoms cable has been released by…
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India’s Punjab National Bank eyes $1.96 billion bad loan recovery in FY25, CEO says
Punjab National Bank (PNB) , India’s second largest state-run lender by assets, aims to recover bad loans worth 170 billion…
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Kremlin brushes off Trump tariff threat to BRICS, says no plan for common currency
The Kremlin on Friday brushed off a repeat threat by US President Donald Trump to impose tariffs on the BRICS…
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US looking into whether DeepSeek used restricted AI chips: Source
The US Commerce Department is looking into whether DeepSeek – the Chinese company whose AI model’s performance rocked the tech…
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