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US health regulator issues 2 observations after inspecting Dr Reddy's New York plant
Business

US health regulator issues 2 observations after inspecting Dr Reddy's New York plant

US Food and Drug Administration completed a Good Manufacturing Practice inspection at the company's active pharmaceutical ingredients plant at Middleburgh in New York

Trump ends Gulf tour with billions in investment pledges; thaw in ties with Syria, Iran
Business

Trump ends Gulf tour with billions in investment pledges; thaw in ties with Syria, Iran

The highlights of this tour include a $200 billion order from Qatar Airways for Boeing jets and a $142 billion arms deal with Saudi Arabia

Trump: India has offered US a trade deal with no tariffs
News

Trump: India has offered US a trade deal with no tariffs

New Delhi is seeking to clinch a trade deal with the US within the 90-day pause announced by Trump on April 9 on tariff hikes for major trading partners

Saudis to invest big in US weapons, AI; Trump agrees to lift sanctions on Syria
News

Saudis to invest big in US weapons, AI; Trump agrees to lift sanctions on Syria

The US agreed to sell Saudi Arabia an arms package worth nearly $142 billion - "the largest defense cooperation agreement" Washington has ever done

Microsoft layoff to impact more than 6,000 employees
Business

Microsoft layoff to impact more than 6,000 employees

This would be Microsoft’s largest round of layoffs since the elimination of 10,000 roles in 2023, and it will affect all teams and geographies, including LinkedIn

Trade truce: US to cut 'de minimis' tariff on China shipments
Business

Trade truce: US to cut 'de minimis' tariff on China shipments

After weekend talks in Geneva, both countries have agreed to unwind most of the tariffs imposed on each other's goods since early April

Trump announces trade deal with UK
Business

Trump announces trade deal with UK

The trade deal will reduce tariffs on British cars and steel, but a 10 per cent baseline levy on British goods will remain

Testing time for Elon Musk as Tesla sales nosedive, DOGE role invites backlash
Business

Testing time for Elon Musk as Tesla sales nosedive, DOGE role invites backlash

He flagship brand Tesla is going through an unprecedented period of turbulence with a steep fall in sales in the US and Europe

Trump ally slams Lockheed Martin's F-35 program; calls it 'waste of taxpayers dollars'
Business

Trump ally slams Lockheed Martin's F-35 program; calls it 'waste of taxpayers dollars'

Loomer suggested Lockheed Martin is delivering F-35 Lightning II Joint Strike Fighters that "are simply not ready for combat"

Apple to source most iPhones for US from India, reduce reliance on China
News

Apple to source most iPhones for US from India, reduce reliance on China

The technology giant is holding talks with its contract manufacturers in India, Foxconn and Tata, to more than double their existing capacities