Culture
China’s GAC starts auto sales in Brazil, eyes local plant by late 2026
[SAO PAULO] Chinese automaker GAC announced on Friday (May 23) its product launch in Brazil, saying it expects its line of hybrid and electric cars to garner market acceptance...
US Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution
[WASHINGTON] The US Justice Department (DOJ) said on Friday (May 23) it has struck a deal in principle with Boeing to allow it to avoid prosecution in a fraud...
Trump shocks with US Steel-Nippon approval but details elusive
[NEW YORK] US President Donald Trump on Friday (May 23) announced a partnership between United States Steel and Japan’s Nippon Steel, shocking markets with an agreement he said would...
Trump threatens EU, smartphones as tariff rhetoric escalates
[WASHINGTON] US President Donald Trump dug in on his threat to impose a 50 per cent tariff on the European Union and said a potential 25 per cent charge...
Oil gains on short-covering, nuclear talks
Published Sat, May 24, 2025 · 06:29 AM[HOUSTON] Oil prices gained on Friday (May 23) as US buyers covered positions ahead of the three-day Memorial Day weekend amid worries...
Europe: Stocks close week lower on Trump’s EU, Apple tariff threats
[BENGALURU] European shares closed sharply lower on Friday (May 23) after US President Donald Trump ramped up threats of tariffs on the European Union and smartphone giant Apple, reigniting...
US: Stocks fall on revived Trump trade war worries
Published Sat, May 24, 2025 · 06:07 AM[NEW YORK] Wall Street stocks fell on Friday (May 23) on renewed trade war fears as US President Donald Trump’s latest tariff...
US: Wall St falls at open after Trump threatens EU, Apple with fresh tariffs
Published Fri, May 23, 2025 · 09:40 PM[NEW YORK] Wall Street dropped at the open on Friday (May 23) after US President Donald Trump recommended 50 per cent tariffs...
Oil slides nearly 2% as Trump recommends 50% EU tariff
Published Fri, May 23, 2025 · 09:35 PM[LONDON] Oil prices dropped by nearly 2 per cent on Friday (May 23) and were set for their first weekly decline in...
RBI’s record US$31.6 billion payout to bolster government finances
A bonanza from the central bank will help meet the government’s 4.4% fiscal deficit target for the current financial yearPublished Fri, May 23, 2025 · 08:21 PM[NEW DELHI] India’s...
