Pakistan airspace ban could cost Air India $591m over 12 months: Report
The airline has asked the Indian government for financial relief equivalent to its estimated losses.
Category Archives: Economy
Ryanair threatens cancelling Boeing aircraft order amid tariffs: Report
The budget carrier said it might cancel 330 737 Max orders due to rising costs brought on by tariffs
Automakers suspend financial guidance amid tariff uncertainty
Stellantis, Mercedes-Benz, and Volkswagen join GM and Volvo, who suspended guidance earlier this week.
Amazon allegedly mulls displaying Trump tariff costs: Report
The White House calls the decision ‘hostile’ as the e-commerce giant denies any proposal is under consideration.
Trump says petrol and grocery prices are down. Facts say otherwise
The US president incorrectly said that prices of petrol and eggs had dropped while home sales were good.
Median CEO pay in US hits record high even as markets tumble
Margins between CEO pay have long been a point of contention between workers and a rallying cry for progressives.
Businesses pare back outlook as Trump tariffs weigh on spending
From carmakers to restaurant chains, companies face financial setbacks amid tariff fears.
Vietnam, US kick off trade talks as Hanoi seeks relief from Trump’s tariffs
Trade-reliant Southeast Asian country is facing a 46 percent levy under Trump's so-called 'reciprocal' tariffs.
Trump administration considers China tariff cuts: Report
White House is considering cutting its tariffs on Chinese imports in a bid to de-escalate tensions, as per news reports.
China’s Xi says tariffs undermine ‘legitimate rights’ of all countries
Chinese leader's remarks come amid renewed hopes of a trade deal between Washington and Beijing.
Trump tariffs mean US Federal Reserve faces “conundrum”
“The tariffs are stagflationary, so slower growth and higher inflation.”
Spotify down for thousands of users worldwide
The audio streaming giant denies allegations of a security breach
Beijing pauses Boeing orders as trade war escalates
Boeing’s setback boosts competitiveness for rivals Airbus and COMAC in China.
Mark Zuckerberg back in US court amid push to break up Meta
The last time the US Federal Trade Commission broke up a major corporation was AT&T, more than four decades ago.
Trump moves closer to semiconductor tariffs, floats pause on auto duties
US president says he is looking at offering relief to automakers as they adjust their supply chains.
Nvidia commits to $500bn AI server production in the US
The chipmaker is the latest tech firm to announce plans to bring jobs to the United States.
Can China use US debt in its tariff war against Trump?
China is the second largest holder of US debt and could, theoretically, dump it to devalue the dollar.
US consumer sentiment tumbles as trade war fears grow
Expectations of rising unemployment hit the highest level since 2009.
Did Donald Trump impose ‘the largest tax hike in our lifetime’?
Tariffs act as a tax on imports, raising prices for consumers. They might be the highest since 1951.
Trump’s tariffs in Asia “much more draconian” than expected
Tariffs