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Business

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BMW expects US tariff cuts by July amid trade talks
BMW expects car tariffs to fall from July in upbeat take on trade war

FRANKFURT/LONDON: BMW is anticipating a reduction in U.S. car tariffs starting in July, based on ongoing discussions with U.S. officials,...

DOJ targets Google’s AdX and DFP in antitrust case
US seeks breakup of Google's ad tech empire

MOUNTAIN VIEW, California: The U.S. Department of Justice is seeking the breakup of Google's digital advertising business, calling...

EU plans Russian gas exit by 2027
EU to propose ban on Russian gas imports by end-2027

BRUSSELS, Belgium: The European Union is preparing to unveil a detailed plan to reduce its reliance on Russian gas, including a proposal...

DoorDash to acquire Deliveroo in $3.85 billion deal
DoorDash from US to buy UK's Deliveroo in $3.9 billion deal

SAN FRANCISCO, California: U.S. food delivery giant DoorDash will acquire British rival Deliveroo in a US$3.85 billion deal, the companies...

Dow Jones drop 119 points in lackluster day on Wall Street
U.S. stock markets close weaker Friday as China trade summit looms

NEW YORK, New York - U.S. stocks were weaker Friday as investors and traders continued to fret over U.S. President Donald Trump's trade...

US lawmaker pushes bill to track AI chip exports
US lawmaker targets Nvidia chip smuggling to China with new bill

SAN FRANCISCO, California: A U.S. lawmaker wants to introduce a new law that would help track where advanced AI computer chips, like...

New York

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Trump plans major job cuts at CIA and spy agencies
Trump administration to downsize US spy agencies

WASHINGTON, D.C.: President Donald Trump's administration is planning to cut many jobs at the CIA and other U.S. spy agencies, according...

JetBlue pilots oppose new US airline partnership plan
JetBlue's plan for domestic partnership faces union backlash

LONG ISLAND CITY, New York: JetBlue Airways' plan to strike a domestic partnership with another U.S. airline is drawing sharp resistance...

Pentagon backs army's right to repair its own weapons
Pentagon to seek 'Right to Repair' provisions in Army contracts

WASHINGTON, D.C.: The U.S. Department of Defense wants to change its contracts so the Army can fix its own weapons instead of always...

Ukraines European backers cant replace US military aid NYT
Ukraines European backers cant replace US military aid  NYT

Washington has not allocated new arms supplies to Kiev in months, the newspaper wrote Ukraine's European sponsors lack the manufacturing...

Ukraine's European backers can't replace US military aid - NYT
Ukraine's European backers can't replace US military aid - NYT

Washington has not allocated new arms supplies to Kiev in months, the newspaper wrote ...

Xinhua Commentary: China remains steadfast in upholding int'l economic and trade order
Xinhua Commentary: China remains steadfast in upholding int'l economic and trade order

File photo shows the national flags of China (R) and the United States as well as the flag of Washington D.C. on the Constitution Avenue...