Browsing: Business

U.S. President Donald Trump announced a 100 percent tariff on imports of branded or patented pharmaceutical drugs, set to take effect on October 1. The measure, confirmed in a post on Trump’s Truth Social account, will apply to drugs manufactured

European polished diamonds, primarily processed in Antwerp, have been granted an exemption from the 15 percent import tariffs recently introduced by the United States on a range of industrial goods. The Antwerp World Diamond Centre (AWDC) confirmed the decision in

Amazon has confirmed plans to close all 19 of its Amazon Fresh grocery stores across the United Kingdom, marking a significant withdrawal from its physical retail grocery operations in the country. The move follows a formal proposal issued by the

U.S. Treasury yields moved lower on Tuesday as financial markets prepared for a key speech from Federal Reserve Chair Jerome Powell. The benchmark 10-year Treasury yield fell to around 4.13 percent, slipping by two basis points, while the 2-year yield

The Organisation for Economic Co-operation and Development (OECD) has revised its global growth outlook upward for 2025, citing short-term resilience in advanced economies, while warning that rising trade barriers and tightening financial conditions are likely to drag on global momentum

The United States has implemented a new $100,000 fee on H-1B visa petitions, effective September 21, 2025, following a presidential proclamation signed by President Donald Trump. The fee applies to all new H-1B petitions submitted on or after that date.

A growing number of small businesses in the United States are incorporating cryptocurrency into their operations, according to new national data released by the U.S. Chamber of Commerce. The findings show measurable adoption of digital currencies and stablecoins, particularly in

The United States has officially reduced tariffs on Japanese automobile and auto parts imports to 15 percent, a significant drop from the previous 27.5 percent rate. The revised tariff took effect at 12:01 a.m. Eastern Daylight Time on Tuesday, September

Paramount Global, in partnership with Skydance Media, is preparing a formal bid to acquire Warner Bros. Discovery in a move that could result in one of the most significant mergers in the media and entertainment sector in recent years. The

Tesla shares climbed sharply on Monday after Chief Executive Elon Musk disclosed a rare open-market purchase of nearly $1 billion worth of company stock. The transaction, filed with the U.S. Securities and Exchange Commission (SEC), showed Musk bought approximately 2.57