Washington: President Donald Trump’s tariffs are fueling recession concerns in the US while the Fed’s rate cut expectations are on the rise amid uncertainties. Trump’s reciprocal tariffs, announced April 2, are expected to go into effect this week, gi…
Ankara: Canada’s prime minister announced Tuesday that the country will begin enforcing new counter-tariffs within hours in response to US trade actions. “At 12:01 EDT (0400GMT) tonight, Canada’s counter-tariffs will come into force,” Mark Carney said…
Munich: The Germany-based company Infineon, a leading chipmaker, has signed an agreement to acquire the automotive ethernet unit of its rival Marvell Technology for pound 2.5 billion ($2.7 billion) to strengthen its activities in the automotive sector…