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Business

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Warner Bros Discovery lays off staff in film group overhaul
Warner Bros Discovery lays off staff in film group overhaul

LOS ANGELES, California: Warner Bros Discovery will cut around 10 percent of staff from its motion picture group as part of a broader...

Trump targets Canada, Brazil, Switzerland in sweeping new tariff order
Trump targets Canada, Brazil, Switzerland in sweeping new tariff order

WASHINGTON, D.C.: With the clock ticking toward a self-imposed trade deal deadline, U.S. President Donald Trump has announced steep...

US chocolate makers hit as tariffs benefit Canadian rivals
US chocolate makers hit as tariffs benefit Canadian rivals

LONDON/NEW YORK: U.S. President Donald Trump's tariffs are designed to strengthen domestic manufacturing. But in the chocolate industry,...

Luxury carmakers hike prices, brace for 15% US tariff
Luxury carmakers hike prices, brace for 15% US tariff

BERLIN, Germany: Luxury car brands Porsche and Aston Martin have raised vehicle prices in the U.S., as European carmakers brace for...

Additional US levy targets India’s Russian oil deals
Additional US levy targets India’s Russian oil deals

WASHINGTON, D.C.: U.S. President Donald Trump declared on July 30 that his administration will impose a 25 percent tariff on imports...

U.S. stocks finish well in red Friday as job numbers dive
U.S. stocks finish well in red Friday as job numbers dive

NEW YORK, New York - The latest jobs report, coupled with the disclosure of President Donald Trump's new tariffs rattled stock markets...

Construction

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White House to get $200 million ballroom under latest renovation
White House to get $200 million ballroom under latest renovation

WASHINGTON, D.C.: U.S. President Donald Trump has ordered the White House to get a significant new addition: a US$200 million, 90,000-square-foot...

Thousands face eviction in overcrowding sweep across Dubai
Thousands face eviction in overcrowding sweep across Dubai

DUBAI, U.A.E.: In the shadow of Dubai's gleaming towers and opulent penthouses, authorities have launched a sweeping campaign against...

Housing Market Booms in Sofia and Beyond as Euro Adoption Approaches
Housing Market Booms in Sofia and Beyond as Euro Adoption Approaches

The housing market in Sofia remains exceptionally active, driven in large part by the anticipated adoption of the euro, which has heightened...

Mozambique launches national housing project to promote sustainable urbanization

MAPUTO, Aug 1 (Xinhua) -- Mozambican President Daniel Chapo officially launched the Infrastructure Land Project on Thursday in Faiquete,...

S. Korea's industrial output rebounds in June

SEOUL, July 31 (Xinhua) -- South Korea's industrial output rebounded in June due to higher production of semiconductors and automobiles,...

S. Korea's real wage rises for 3rd month in May

SEOUL, July 30 (Xinhua) -- South Korea's real wage, adjusted for inflation, rose for the third straight month in May, labor ministry...