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Business

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Trump says Walmart should cover tariffs, not blame price hikes
Trump tells Walmart to 'eat the tariffs' instead of raising prices

WASHINGTON, D.C.: U.S. President Donald Trump said over the weekend that Walmart should eat the tariffs instead of blaming duties imposed...

Trump administration probes Apple-Alibaba AI deal over security fears
US administration is concerned by deal to put Alibaba's AI on iPhones

WASHINGTON, D.C.: The Trump administration is scrutinizing Apple's plans to partner with Chinese tech giant Alibaba to bring its artificial...

Nissan may shut plants in Japan, Mexico amid cost-cutting drive
Nissan considering plant closures in Japan, overseas, sources say

TOKYO, Japan: Nissan is reportedly considering shutting down two car assembly plants in Japan and several overseas factories, including...

Tech stocks lead Wall St lower, Nasdaq Composite falls 73 points
Wall Street slides, Dow Jones drops 115 points

NEW YORK, New York - U.S. stocks weakened across the board on Tuesday, led by the tech sector once more. I would say that the largest...

Google hits 150 million users for subscription service with AI help
Alphabet's Cloud service soars with Google One growth surge

SAN FRANCISCO, California: Google One, Alphabet's subscription service that offers cloud storage and AI-powered features, has surpassed...

China's heavy truck market maybe 50% electric by 2028: CATL chief
Half of China's heavy truck sales could be EVs by 2028, CATL says

BEIJING, China: China's sales of heavy trucks could be dominated by electric vehicles by 2028, with battery-powered models potentially...

Canada

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Summer could strain power supply in US, Canada, grid operator warns
Middle swath of North America at risk of power shortfalls this summer

WASHINGTON, D.C.: Parts of the U.S. and Canada may not have enough electricity this summer if hot weather causes more people to use...

Sweden backs EU entry into Pacific trade bloc
Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...

Sikyong Penpa Tsering urges global Tibetan unity in Toronto, highlights rising global focus on China-Tibet conflict
Sikyong Penpa Tsering urges global Tibetan unity in Toronto, highlights rising global focus on China-Tibet conflict

Dharamshala (Himachal Pradesh) [India], May 21 (ANI): Sikyong Penpa Tsering spoke to members of the Tibetan community in Ontario during...

Foreign businesses deepen roots in Chinese market through int'l trade fair
Foreign businesses deepen roots in Chinese market through int'l trade fair

HARBIN, May 21 (Xinhua) -- Crowds gathered at the Hokkaido booth during the 34th Harbin International Economic and Trade Fair, drawn...

Economic Watch: U.S. tariffs hurt furniture sector with higher costs, uncertainties
Economic Watch: U.S. tariffs hurt furniture sector with higher costs, uncertainties

U.S. furniture makers, supposedly the winners of Trump's protectionist push, are finding that the tariffs meant to help them are doing...

Trump unveils USD 175 billion 'Golden Dome' missile defence plan for US
Trump unveils USD 175 billion 'Golden Dome' missile defence plan for US

Washington DC [US], May 21 (ANI): US President Donald Trump on Tuesday (local time) announced new details about his administration's...