New24hrs

‘Even if we lose…’: Donald Trump administration readying two-part strategy to impose reciprocal tariffs, says ‘we will do it another way’

For now, Donald Trump retains his negotiating power with trading partners. (AI image) The Donald Trump administration is evaluating a two-part strategy to deal with the US trade court ruling that blocked the American President’s sweeping reciprocal tariffs on several countries. The court ruling said that Trump overstepped his authority in imposing the tariffs. Currently,…

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Volvo to cut 3,000 white-collar jobs amid rising costs and EV market slowdown: Report |

Volvo Cars, a well-known Swedish automobile manufacturer in the vanguard of safety features and technological advancements, is initiating a large-scale workforce overhaul amidst increasing economic and industry pressures. Volvo Cars intends to lay off approximately 3,000 mostly white-collar workers in the wake of increasing operational expenses, declining electric vehicle demand, and rising trade uncertainties, especially…

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Sensex jumps over 500 points in early trade

Equity benchmark indices Sensex and Nifty surged in early trade on Thursday (May 29, 2025) after two days of decline, mirroring a rally in Asian markets amid positive developments on the US tariffs front. Also, foreign fund inflows drove equity markets higher. The 30-share BSE benchmark gauge Sensex jumped 504.57 points to 81,816.89 in early…

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