With the United States weighing options which include suspending Ethiopia’s duty-free market status, citing abuses and a growing famine in the war-torn Tigray region, thousands of Ethiopians, whose income depend on the export of shawls stitched by them are at… Read More ›
With Afghanistan facing a severe cash crunch, migration crisis and mass starvation, the Taliban government is pressing for the release of billions of dollars from its central bank reserves. Afghanistan has parked billions of dollars in assets overseas with central… Read More ›
During the third quarter, it is likely that the U.S. economy grew at its slowest pace in more than a year with the Delta variant of COVID-19 acting as a drag against the economy. The US Commerce Department’s advance gross… Read More ›
According to regulatory filings late on Tuesday, former U.S. President Donald Trump will be able to retain the ownership of his newly launched social media venture even if he chooses to make another run for the presidency or is convicted… Read More ›
In a statement the U.S. Homeland Security Secretary Alejandro Mayorkas stated, the United States is considering adding four countries to its visa waiver program allowing them to visit the country without a visa for up to 90 days. “We have… Read More ›
According to three sources familiar with the knowledge at hand, Apple Inc’s negotiations with China’s BYD and CATL over battery supplies for its planned electric vehicle have stalled after the Chinese company refused to set up teams and build U.S. plants… Read More ›
In a statement Foxconn’s chairman Liu Young-way said, it is looking to produce electric vehicles (EVs) in India, Europe and Latin America, and “indirectly” cooperate with German automakers. Foxconn, aims to become a major player in the global EV market,… Read More ›
In a statement Amazon.com Inc said, it plans to hire at least 150,000 seasonal workers in the U.S. during the holiday period. The development marks the world’s largest online shopping giant preparing for the upcoming shopping season which is typically… Read More ›
In a significant development, a former chief technical pilot at Boeing Co has been charged with fraud for deceiving federal regulators evaluating the Boeing 737 MAX airplane; in a statement the Justice Department said, the former Boeing employee has also been… Read More ›
With China raising the stakes in a potential invasion of Taiwan, White House press secretary Jen Psaki said, Washington’s commitment towards Taiwan is “rock solid”. “We will continue to support Taiwan’s self defense,” said Psaki.
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