Tesla chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members had reached out to executive search firms to find a new replacement for CEO Elon Musk. The Journal had reported on Wednesday that Tesla’s board members had reached out about a month ago to several executive search firms to find the…
Abdul Samad Dawood, CEO of Engro Holdings of Pakistan, called on Chief Adviser Professor Muhammad Yunus at the State Guest House Jamuna on Thursday to discuss investment opportunities in Bangladesh, reported by media. During the meeting, the Engro CEO expressed a strong interest in expanding the company’s footprint in Bangladesh, particularly in telecommunications and energy…
US President Donald Trump’s 90-day pause on most tariffs gives breathing space for more in-depth talks, and Taiwan hopes to take advantage of the “huge” US market for more balanced trade, the island’s foreign minister said on Thursday. In a stunning reversal, US President Donald Trump said he would temporarily lower the hefty duties he had just…
Japan’s government said Thursday it received “positively” US Donald Trump’s pause on new tariffs but still “strongly” demands that Washington reconsider other levies. “We received the latest US announcement positively,” chief government spokesperson Yoshimasa Hayashi told a regular briefing. But he added: “We continue to strongly demand that the United States reviews measures on its reciprocal tariffs,…
UK Prime Minister Keir Starmer and Saudi Arabia’s Crown Prince Mohammed bin Salman spoke about global trade tariffs on Wednesday during a phone call, a Downing Street spokeswoman said. Starmer reiterated his commitment to working closely with international partners to maintain global economic stability. “He added that the UK will continue to take a measured…
Serbian oil firm NIS is struggling to buy oil from traders abroad, while at home its former clients are seeking alternative fuel suppliers as pending US sanctions have impacted operations, sources familiar with the matter told Reuters. NIS is majority-owned by Russia’s Gazprom Neft and Gazprom and as such is one of Russia’s last remaining…
The US, under the guise of reciprocity, acts in a hegemonic manner, sacrificing the legitimate interests of other countries and placing “America First” above international rules. This is a typical example of unilateralism, protectionism, and economic bullying, Foreign Ministry spokesperson Lin Jian said on Monday, noting that the Chinese government has issued its stern stance…
US tech-billionaire Elon Musk said on Saturday he hoped in future to see complete freedom of trade between the United States and Europe, speaking days after US President Donald Trump announced tariffs on trading partners. Musk, a Trump adviser who has been working to eliminate wasteful US public spending, spoke via video-link at a congress…
Dmitry Peskov added that Moscow is unlikely to experience any positive effects from the US tariffs, as the turmoil in the global economy will require careful actions from Russia Trade and economic relations between Russia and the United States are currently virtually nonexistent, Russian Presidential Spokesman Dmitry Peskov said in response to a question from…
China will impose additional 34 percent tariffs on all products imported from the United States starting from April 10, the Customs Tariff Commission of the State Council announced Friday. The announcement follows the U.S. decision to impose “reciprocal tariffs” on Chinese exports to the United States, with a 34-percent tariff announced on Wednesday on top…
Tesla will launch in Saudi Arabia on April 10, the company announced on its social media and official website. A launch event will take place at the Bujairi Terrace in Riyadh where Tesla’s bestselling lineup will be showcased, according to the announcement. Tesla, the multinational automotive and clean energy company, is owned by billionaire Elon…
India’s Paytm received a show cause notice from India’s financial crime fighting agency on Saturday for allegedly violating the country’s Foreign Exchange Management Act. The notice relates to violations relating to the acquisition of two subsidiaries – Little Internet Private Limited and Nearbuy India Private Limited for the years 2015 to 2019, Paytm said in…
Iraqi Kurdistan and the federal government have managed to settle their oil disputes, which would allow Russian companies to restart their projects in the region, TASS news agency reported Russia’s Energy Minister Sergei Tsivilev as saying. One of the companies, which suspended works in the region, was Russia’s largest oil producer Rosneft. It halted some operations…
Trump confirmed Zelenskyy would visit Washington on Friday but suggested the United States would not be making far-reaching security guarantees Ukraine said on Wednesday it was set to approve a framework minerals deal with the United States but that its success would depend on talks with President Donald Trump. The deal, under which Kyiv would hand some…
