World Business NewsAsia-to-US e-commerce shipments fall after tax exemption ends
Data from the International Air Transport Association shows a 10.7 percent drop in demand compared to the same month last year
Jul 4, 2025
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World Business News
TechNvidia nears $4 trillion and temporarily tops world’s most valuable list
Nvidia’s recent gains come as the company’s chips power much of the AI computing infrastructure being built by major tech firms
Jul 4, 2025
World Business NewsBoeing wins $2.8 billion contract for U.S. Space Force satellites
The satellites will support the Nuclear Command, Control, and Communications mission and provide initial operational capability for strategic warfighters
Jul 4, 2025
AutomobileU.S. to phase out $7,500 electric vehicle credit by end of September
Harvard study finds that ending the credits lowers EV adoption by 6 percent by 2030 and saves the government $169 billion over ten years
Jul 4, 2025
World Business NewsIMF says U.S. tax bill goes against deficit reduction goals
This direction differs from current IMF guidance, which calls for tax increases, including on middle-income groups, to help close the deficit
Jul 4, 2025
HeadlinesPakistan invites companies from US, China, and Russia to bid on mining projects
Govt implements open-handed policy to offer equal opportunities to global competitors for multibillion-dollar mining contracts including Reko Diq
Jul 4, 2025
World Business NewsTrump’s tax and spending bill passes in narrow House vote, clears final hurdle in Congress
The White House says Trump will sign it into law at 9 p.m. GMT on Friday, the July 4 Independence Day holiday.
Jul 4, 2025
AutomobileGerman vehicle shipments to U.S. drop 13% in April, 25% in May
A total of 64,300 vehicles are shipped to the U.S. during those two months
Jul 4, 2025
World Business NewsU.S. trade deficit widens to $71.5 billion in May
The increase in the trade gap follows a revised April figure showing the deficit narrowed to $60.3 billion
Jul 4, 2025
World Business NewsTrump’s tariff concerns may be based on misinformation, Japanese PM Ishiba says
Ishiba responds to recent remarks by U.S. President Donald Trump, who says Japan does not import American rice or cars
Jul 4, 2025
HeadlinesPakistan plans talks to resolve Indus Waters Treaty suspension, may approach Permanent Court of Arbitration if needed: report
If bilateral talks fail, Pakistan will approach the World Bank for a Permanent Court of Arbitration to address India's suspension of the Indus Waters Treaty
Jul 4, 2025
TechEU delays AI code of practice rollout to end of 2025
The delay comes as tech firms and several EU governments ask for more time to adjust to the upcoming regulations
Jul 4, 2025