IMF warns Asia retaliatory tariffs could undermine growth

CEBU, Philippines (WS News) – The International Monetary Fund (IMF) warned on Tuesday that “tit-for-tat” tariffs could undermine Asia’s economic prospects,...

Nestle to cut costs, boost marketing under CEO Freixe

VEVEY (WS News) – Nestle will boost advertising and marketing, trim costs, carve out its water and premium drinks businesses into...

Pakistan, UK underscore shared interest in trade, investment cooperation

ISLAMABAD (WS News) – The Parliamentary Under Secretary of State (Middle East, North Africa, Afghanistan and Pakistan) Hamish Falconer on Tuesday...

Foods exports from Pakistan surge by 21.73pc in four months

ISLAMABAD (WS News) – The food exports from Pakistan increased by 21.73 percent during the first four months of the current...

Pakistan-American entrepreneurs ensure investment in IT sector

ISLAMABAD (WS News) – A Pakistan-US Tech Investment Conference in California has resulted in over $20 million in initial agreements, primirly...

PM directs strict action to curb hoarding, tax evasion in sugar sector

ISLAMABAD (WS News) – Prime Minister Shehbaz Sharif on Tuesday directed the Federal Board of Revenue (FBR), Federal Investigation Agency (FIA)...

Stellantis unveils technology to support flexible EV and hybrid auto production

DETROIT (WS News) – Stellantis is preparing to navigate the turbulent electric-vehicle transition with a new vehicle system that will support...

Fed’s Schmid says it is uncertain how far interest rates can fall

WASHINGTON (WS News) – It remains uncertain how far interest rates can fall, though the initial reductions made by the US...

Oil nudges higher after Russia-Ukraine tensions escalate

SINGAPORE (WS News) – Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although...

Headwinds hit Trump-fueled rally in US stocks

NEW YORK (WS News) – A US stock rally fueled by Donald Trump’s election victory is stumbling, as investors contend with...