Mumbai: It was billed as the world’s cheapest car and shaped like a jelly bean — but after a bumpy 10-year ride India’s Tata Nano is nearing the end of the road. Tata Motors, India’s top automaker, said on Thursday that it could stop manufacturing and selling the vehicle from April next year due to […]
Davos. China is expected to join nearly 70 other countries in negotiating new rules to cover the $25 trillion e-commerce market, according to four people familiar with the discussions. The signatories — including the US, Japan and the European Union — are due to announce the agreement on Friday on the sidelines of the World […]
DAVOS Impatient with a lack of World Trade Organisation rules to cover the explosive growth of e-commerce, 76 countries and regions including the United States, the EU and Japan agreed on Friday to start negotiating a set of open and predictable regulations. China, which is locked in a trade war with the United States, signalled […]
Jakarta. Indonesia is among countries set to benefit from companies relocating factories from China because of its trade war with the US, according to Tom Lembong, chairman of the country’s Investment Coordinating Board. While countries like Indonesia, Vietnam, Bangladesh and Cambodia are seeing relocation of factories from China, the trade tension will cause downturns in […]
However, Trump made no firm announcement regarding his demand for $5.7 billion to fund the border wall.
Asian Cup hosts UAE pull off a titanic upset as they send defending champions Australia out of Asian Cup
Islamabad: Pakistan received $1 billion (Dh3.67 billion) from Saudi Arabia on Friday, a day after the United Arab Emirates deposited the first instalment of a $3 billion financial support package aimed at helping the South Asian nation tide over a balance-of-payment crisis. The UAE transferred $1 billion as part of an agreement between Pakistan and […]
“I recall that one day at noon, I was sitting on the sandy ground in the room, proudly looking at my new heaven.”
San Francisco Tech companies are back pitching the promise of innovation, but this time, stuck in the middle of a trade war, they’re welcoming government oversight. This was the broad consensus at the World Economic Forum in Davos, Switzerland, which was devoted this year to the theme of Globalisation 4.0, an emerging world economy that’s […]
London The prospect of a delayed Brexit may be pushing up the pound, but it’s not the best news for the UK economy. Sterling has rallied above $1.30 this week amid increasing signs of support from lawmakers across Parliament for extending the negotiating period set to expire on March 29. While that would remove the […]