International Desk

Microsoft to Cut 3% of Workforce Amid AI Investment Push, Report Says

Microsoft is set to lay off about 3% of its workforce, which translates to roughly 7,000 employees, according to a report from CNBC on Tuesday. The company is making these cuts as part of its broad...

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U.S. Slashes Tariffs on Chinese Shipments Amid Trade Truce

In a significant move to ease trade tensions, the United States announced a substantial reduction in tariffs on low-value shipments from China. Effective May 14, 2025, the "de minimis" tariff rate ...

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