China's exports unexpectedly fell in October as purchasers waited to see how a tumultuous month in US-China trade relations would unfold and as foreign orders tapered off after months of front-loading to avoid President Donald Trump's tariffs. According to Customs statistics released on November 7, outbound
As the US automaker revives a plant it closed four years ago, Ford Motor Company intends to invest roughly INR 3,250 crore ($370 million) in India to produce new engines, according to a report by Bloomberg. According to a source who asked not to be identified because the plans
In response to US President Donald Trump's extensive immigration crackdown, Tata Technologies, an Indian provider of engineering services, announced that it will hire more locals in the US. In an effort to protect Americans from wage competition from overseas, the Trump administration intends to impose a high cost
After the implementation of a new US regulation that charges a substantial $100,000 cost for each new H-1B visa petition, the US retail giant Walmart Inc. has halted making job offers to applicants who need sponsorship for an H-1B visa, Bloomberg reported on 22 October. Given the dramatic increase
NASA's Jet Propulsion Laboratory (JPL) announced on 12 October that it will reorganise its personnel by laying off around 550 workers, or 10% of its total workforce, in an effort to maintain the facility's long-term competitiveness. JPL director Dave Gallagher emphasised in a statement that the
The White House has issued a warning that if US President Donald Trump determines that talks with congressional Democrats to resolve a partial government shutdown have come to a standstill, mass layoffs of federal employees may start. White House National Economic Council Director Kevin Hassett told CNN's State
After nearly nine years, Emma Walmsley, the CEO of GSK Plc, is leaving her position. Luke Miels, the chief commercial officer of the British pharmaceutical company, will take over as CEO. After working for other large European pharmaceutical companies, Miels joined GSK in 2017 and is now in charge of
Trump's new immigration restrictions are putting pressure on overseas businesses and students. Stricter rules are being implemented regarding the issuance of study visas to international students. Additionally, measures are being taken to tax the income of international students who work in the United States following their education. Additionally,
According to Financial Times story, British Prime Minister Keir Starmer is considering plans to do away with immigration costs for outstanding international talent. The Trump administration's announcement of a $100,000 cost for new H-1B visas, which went into effect on21 September, was preceded by the talks that
According to President Donald Trump, Rupert Murdoch and his son Lachlan are anticipated to be among a group of investors attempting to purchase TikTok in the United States. Trump stated that the men would "probably" be part of a planned agreement to keep TikTok operational in the US
Before the Trump administration's September 21 deadline, when businesses would have to pay $100,000 annually for each H-1B worker visa, Microsoft has urged its employees on H-1B and H-4 visas to return to the US right now. The software juggernaut has also recommended individuals who are currently
US President Donald Trump to host distinguished group of IT CEOs to a dinner at the White House. Microsoft cofounder Bill Gates, Apple CEO Tim Cook, Meta CEO Mark Zuckerberg, and a dozen other leaders from the largest tech and artificial intelligence companies are expected to be on the guest
In the event that US President Donald Trump's tariffs take effect, the Reserve Bank of India (RBI), as it has in the past, will intervene and offer financial assistance to the most severely affected industries to help them weather the storm, RBI Governor Sanjay Malhotra stated in Mumbai
Approximately 10% of Oracle's Indian workforce was let go by the American computer giant, Oracle, overnight, leaving dozens of talented individuals without jobs. Although the business has officially stated that the cuts were due to "restructuring", industry observers are connecting the action to a change in
A harsh 100% tariff on imported computer chips and semiconductors was announced by US President Donald Trump on 6 August. This action may result in increased costs for tech-driven goods, including appliances, autos, and electronics. As he and Apple CEO Tim Cook spoke at the Oval Office, Trump declared, "
The CEO of the US chipmaker Intel has been urged by President Donald Trump to step down "immediately" after being accused of having problematic ties to China. He said that CEO Lip-Bu Tan was "highly conflicted" in a social media post, seemingly alluding to Mr Tan&
According to President Donald Trump, Japan, one of the US's biggest trading partners, has agreed to a "massive" trade agreement with the US. According to Trump's social media post, the idea would result in Japan investing $550 billion (£407 billion) in America and US
On July 9, US President Donald Trump declared a 50% duty on copper imports into the US. Additionally, Trump has threatened to levy 200% tariffs on pharmaceutical imports after a year. Trump's action may have an effect on other economies, such as India, which exports these vital commodities
On 16 June, the Trump Organisation revealed a $499 smartphone that will go on sale in September along with a mobile phone plan. According to its website, Trump Mobile, the new service, will include a $47.45 monthly package that includes unlimited call, text, and data, as well as roadside
As his feud with President Donald Trump erupts into open warfare, Elon Musk has threatened to shut down SpaceX's Dragon spacecraft, NASA's only US astronaut carrier. This move will set off a spiralling crisis that could ground American spaceflight, derail moon missions, and jeopardise $22 billion
To satisfy American demand, Apple is dramatically increasing production of the Pro variants of its upcoming iPhone 17 series in India this year. Despite U.S. President Donald Trump's concerns about Apple's growing manufacturing presence in India, the move underscores the nation's growing role
The benchmark interest rates of the US Federal Reserve were kept at between 4.25% and 4.50% in the most recent policy meeting held on May 7, 2025, under the direction of Chairman Jerome Powell. This meeting and its outcome were instead more about the steady and cautious approach
In an attempt to avoid numerous charges piling on top of one another, a White House official announced on April 28 that imported cars would also be exempt from separate tariffs on steel and aluminium.
Federal Reserve Chairman Jerome Powell needn't worry about losing his job anytime soon, President Donald Trump made clear Thursday evening. That's because Trump, despite previous public criticisms of Powell, has no current plans to put someone else in charge of the U.S. central bank. From