Sunday, December 14, 2025
Economy
Sri Lanka budget banks on car taxes to boost coffers
Colombo (AFP) - Sri Lanka is banking on vehicle import taxes to boost revenue and revive the island nation's battered...
China winter sports sector zooms along despite climate risk ahead
Harbin (China) (AFP) - Packed slopes, plush turtle butt pads and 11-dollar passes: this is low-cost skiing in China, where...
Brazil’s Lula threatens ‘reciprocity’ in US steel tariff row
Rio de Janeiro (AFP) - Brazil's President Luiz Inacio Lula da Silva on Friday vowed "reciprocity" in response to a...
Russian central bank sharply raises inflation forecast
Moscow (AFP) - Russia's central bank sharply raised its inflation forecast for 2025 on Friday, warning there was no sign...
US retail sales see biggest drop in nearly two years on harsh weather
Washington (AFP) - US retail sales plunged by the most in almost two years last month as cold weather hit...
Bordeaux wine harvest drops to lowest level since 1991
Bordeaux (AFP) - Cold weather, disease and capacity cuts pushed wine production in France's Bordeaux region last year to a...
Taiwan’s Lai vows more investment in US as chip tariffs loom
Taipei (AFP) - Taiwan will boost investment in the United States and on its own defences, President Lai Ching-te said...
German sports carmaker Porsche to cut 1,900 jobs
Frankfurt (Germany) (AFP) - Sports car manufacturer Porsche said Thursday it will axe 1,900 jobs after sales slumped in China...
President Trump says US ‘reciprocal tariffs’ to be announced Thursday
Washington (AFP) - US President Donald Trump said that he would announce "reciprocal tariffs" on trading partners Thursday, opening new...
UK economy picks up, boosting govt amid US tariffs
London (AFP) - Britain's economy picked up at the end of last year, official data showed Thursday, relieving some pressure...
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