World Business NewsVietnamese firms to sign deals for $2 billion in U.S. farm produce
Vietnam faces 46 percent reciprocal tariffs imposed by the Trump administration, which have been paused until July
Jun 3, 2025
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World Business News
World Business NewsAustralia raises national minimum wage by 3.5 percent
Minimum rate rises to A$24.94 ($16.19) per hour, resulting in an extra A$1,670 annually for full-time employees
Jun 3, 2025
World Business NewsDaily U.S. users of Temu fall by 58 percent in May
Temu cuts advertising spend as de minimis tariff-free shipping provision is removed
Jun 3, 2025
HeadlinesReforms have positioned Pakistan for sustainable growth; finance minister at SCO meeting
Aurangzeb backs SCO Development Bank, highlights gains from Pakistan’s reforms
Jun 3, 2025
HeadlinesShehbaz forms committee to review KP’s share in NFC Award
PM says KP’s Rs700bn in federal transfers since 2010 to be reassessed
Jun 3, 2025
World Business NewsMajor U.S. airlines say credit card fee bill threatens travel rewards
The airlines claim that reducing swipe fees would make it financially unfeasible to maintain their rewards programs
Jun 3, 2025
World Business NewsOil edges higher as Iran signals rejection of U.S. deal
Brent crude futures rise 0.7% to $65.08 a barrel, while U.S. West Texas Intermediate crude climbs 0.5% to $62.83
Jun 3, 2025
World Business NewsDollar hovers near six-week lows on trade war concerns
Dollar index, which measures the U.S. currency against six others, touches 98.58, the lowest since late April, and then rises 0.5%
Jun 3, 2025
World Business NewsU.S. LNG exports dip in May on plant outages and maintenance
U.S. ships 8.9 million metric tons of LNG in May, down from a record 9.3 million metric tons in April
Jun 3, 2025
TechMusk's Neuralink raises $650 million as brain implant device enters clinical trials
Neuralink says five patients with severe paralysis are now using its device to control digital and physical devices with their thoughts
Jun 3, 2025
TechApple challenges EU order to open ecosystem to rivals
Meta, Google, Spotify, and Garmin are among the companies that have requested access to Apple’s user data and systems
Jun 3, 2025
TechMusk’s xAI targets $113 billion valuation with $5 billion debt package
A larger investment round is expected to follow the secondary offering, in which xAI plans to offer new equity to outside investors
Jun 3, 2025