India-US trade talks to restart with little sign of compromise

NEW DELHI: Indian and US trade negotiators will meet on Friday, with little sign of a compromise on a series of protectionist measures taken...

Bitcoin extends losses after Fed chief urges halt to Facebook’s crypto project

LONDON: Bitcoin dipped almost 8pc on Thursday, extending losses the day after US Federal Reserve Chairman Jerome Powell called for a halt...

China says US trade issues are ‘definitely’ resolvable

BEIJING: China said on Thursday that the thorny trade issues plaguing relations with the United States are resolvable after fractious talks between the economic...

China to reduce tariffs, improve export tax rebate policies

BEIJING: China will stabilize trade by reducing tariffs, improving export tax rebate policies and cutting insurance fees for export companies, state television...

Trump again attacks India, says tariffs ‘unacceptable’

WASHINGTON: US President Donald Trump on Tuesday fired a new Twitter salvo at India, accusing the giant Asian economy of unfairly blocking...

Online ad growth seen slowing in 2021 to levels since dotcom bubble burst

AGENCIES: Global advertising spend is expected to grow 4.6pc in 2019, a dip from previous estimates, with internet advertising seen slowing to...

Audi sees record half-year sales in China

CHANGCHUN: The Sino-German auto joint venture FAW-Volkswagen said a record 311,871 Audi vehicles were sold in China in the first half of...

British Airways faces record $230m fine over data theft

LONDON: British Airways-owner IAG is facing a record $230 million fine for the theft of data from 500,000 customers from its website...

US-China trade officials aim to talk next week

WASHINGTON: US and Chinese officials are working to schedule top-level trade talks by telephone next week but a face-to-face encounter has not...

Trump vows to reduce US drug prices to world’s lowest

WASHINGTON: US President Donald Trump on Friday said his administration is working on an executive order to reduce US drug prices to...

Turkey’s Erdogan fires central bank chief as policy rifts deepen

ANKARA: Turkish President Tayyip Erdogan sacked the governor of the central bank on Saturday as differences between them deepened over the timing...

Egypt raises fuel prices in line with IMF rules

--It is the fifth and final hike in petrol prices as Egypt prepares to receive the last $2bn tranche from IMF

India raises tariffs on imports, taxes for super rich

NEW DELHI: Indian Prime Minister Narendra Modi’s government raised import tariffs on nearly 75 items, including gold and automobile parts, in its...

BMW and Daimler team up on automated driving

BERLIN: Some 1,200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said on Thursday, the...

US adds India to steel tariff dispute at WTO

GENEVA: The United States has complained at the World Trade Organization about Indian tariffs imposed in response to US steel and aluminium...

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Cement prices surge to previous levels in Punjab

LAHORE: Cement prices, after witnessing a drop of almost 15pc during the last five months, have started reverting to the previous level in the northern...

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Less than 500 expats invest miserly $26 million in Diaspora bonds

Less than 500 expatriates have invested in Prime Minister Imran Khan's Pakistan Banao certificates, raising a measly $26 million, and putting the PM's major...