In a dramatic and controversial trade move, U.S. President Donald Trump has announced a major oil partnership with Pakistan just hours before slapping India with a harsh 25% tariff and an additional penalty.
Trump hits India, Brazil and South Korea with tariffs as deadline looms
The president also said South Korea was looking to "buy down" its tariffs level ahead of a key Friday negotiating deadline.
India-US Trade Deal Deadline Nears: More Talks Needed Before August 1, Says Jamieson Greer
In an interview with CNBC, US Trade Representative Jamieson Greer said that Washington needs additional talks to finalise a trade agreement with New Delhi.
UAE’s EMSTEEL weathers global steel concerns to report solid H1 numbers
The company reports 9% increase in revenue to $1.17bn, and a 6% increase in EBITDA to $147mn; Profit after tax rises to $51.2mn ...
Thailand estimates over $300 mln in economic damage from border conflict with Cambodia
Thailand has estimated the initial costs of evacuation and damaged property at more than 10 billion baht ($307.88 million) after a five-day border conflict with Cambodia, and is expecting the eventual ...
Israeli finance minister calls for humanitarian corridor to Syria’s Suwayda for Druze community
We must demand and obtain an immediate humanitarian corridor that will allow the delivery of food, medicine and essential equipment to the besieged Druze,’ says Bezalel Smotrich - Anadolu Ajansı ...
Israeli finance minister calls for humanitarian corridor to Syria’s Suwayda for Druze community
We must demand and obtain an immediate humanitarian corridor that will allow the delivery of food, medicine and essential equipment to the besieged Druze,’ says Bezalel Smotrich - Anadolu Ajansı ...
Islamic State and al-Qaida threat is intense in Africa, with growing risks in Syria, UN experts say
The threat from Islamic State and al-Qaida extremists and their affiliates is most intense in parts of Africa, and risks are growing in Syria, which both groups view as a "a strategic base for ...
Sri Lanka’s Chevron Lubricants June net up 32-pct; finance cost falls
ECONOMYNEXT – Profits at Sri Lanka’s Chevron Lubricants grew 32 percent from a year ago to 989.7 million rupees in the June 2025 quarter helped by higher revenue, the interim accounts showed. The firm ...
Sri Lanka’s Chevron Lubricants June net up 32-pct; finance cost falls
ECONOMYNEXT – Profits at Sri Lanka’s Chevron Lubricants grew 32 percent from a year ago to 989.7 million rupees in the June 2025 quarter helped by higher revenue, the interim accounts showed. The firm ...