India cuts consumer taxes after new US tariffs
New Delhi approved a sweeping GST overhaul for hundreds of goods as it seeks to cushion consumers and exporters from a fresh tariff shock.
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397 reports.
Damascus International Fair Returns as Syrian Government Pitches Economic Reopening
Syrian President Ahmad al-Sharaa opened the 62nd Damascus International Fair and used the event to present the gathering as a symbol of post-Assad reconstruction and renewed commercial ties.
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Australia Post joins other global mail services and suspends US parcels
Reporting dated 2025-08-25 documents the event and its immediate consequences, with unresolved points retained as attributed or provisional.
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Air Canada suspends plan to resume flights as strike drags on
Air Canada paused its restart plan after cabin crew continued striking despite an order to return to work and binding arbitration.
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Air Canada strike ends in government-backed arbitration
Canada ordered binding arbitration to end a flight attendants' strike, and Air Canada says service will take days to return to normal.
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Claire's falls into administration in the UK and Ireland
The accessories chain has gone into administration in Britain and Ireland, putting thousands of jobs at risk while stores continue trading for now.
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Gildan to buy HanesBrands in $2.2 billion deal
The Canadian apparel maker is taking over the struggling U.S. basic clothing company in a transaction that keeps the brands but reshapes the ownership.
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Evergrande says Hong Kong delisting will proceed in August
The collapsed developer said it would be delisted from the Hong Kong stock exchange on Aug. 25 after a long suspension and liquidation order.
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United States and China extend tariff truce for another 90 days
Parallel announcements delayed a sharp increase in tariffs between the world’s two largest economies and gave negotiators more time to pursue a trade agreement.
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European hotels organize damages claim over Booking.com pricing restrictions
More than 10,000 hotels joined an initiative seeking compensation for alleged losses tied to clauses that constrained lower direct-booking prices.
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Trump’s tariff rollout collides with a weak jobs report and a fresh warning about the politics of economic data
The latest U.S. trade shock lands alongside a July jobs report that came in far below expectations, adding pressure to a widening economic and political fight.
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Trump expands tariff pressure to eight countries in fresh round of trade letters
New country-specific tariff rates on Algeria, Brunei, Iraq, Libya, Moldova, the Philippines, Sri Lanka and Brazil extend the White House’s latest trade offensive.
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Daimler Truck to cut 5,000 jobs in Germany by 2030 as sales soften
The commercial vehicle maker says the cuts are part of a broader cost program aimed at saving more than €1 billion a year by 2030.
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Paschal Donohoe secures a third term leading the Eurogroup
The Irish finance minister kept the euro area finance chiefs' forum after both challengers withdrew and the new mandate begins on Sunday.
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Black Sabbath farewell concert raises huge charity haul
Tom Morello says Black Sabbath's final performance at Villa Park raised £140m, with the money split between three Birmingham-linked charities.
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China opens its first Legoland in Shanghai
A new Shanghai resort marked China’s first Legoland opening, featuring a giant Lego mascot, landmark replicas and ticket prices aimed at family visitors.
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Mercosur and EFTA complete trade pact covering nearly 300 million people
The agreement promises wider market access across goods, services and investment but still requires approval by national parliaments.
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Bumble cuts about 240 jobs as it resets after years of pressure
The dating app said the layoffs will affect roughly 30% of its global workforce as it seeks cost savings and renewed product investment.
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North Korea and Russia restore the Pyongyang-Moscow passenger rail link
A carriage from Pyongyang reached Moscow after a five-year pause, reviving what officials describe as the world’s longest direct railway route.
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Germany sets path to lift defense spending to 3.5% of GDP by 2029
Finance Minister Lars Klingbeil outlined budget plans that would sharply increase German defense outlays as NATO allies debated a higher spending benchmark.
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Nippon completes acquisition of US Steel
Reporting dated 2025-06-18 documents the event and its immediate consequences, with unresolved points retained as attributed or provisional.
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Qantas to close Jetstar Asia after two decades as cost pressures and competition bite
Qantas will wind down Singapore-based Jetstar Asia at the end of July, cutting more than 500 jobs and freeing aircraft for other routes.
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UK commits £14.2 billion to Sizewell C nuclear power project
The planned Suffolk station is intended to strengthen domestic energy security and supply low-carbon electricity, although opponents question its cost, timetable and environmental impact.
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Disney to pay $438.7 million to complete acquisition of NBCUniversal’s Hulu stake
A completed appraisal process set Disney’s final additional payment to Comcast, clearing the way for the entertainment company to take full ownership of Hulu.
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