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Indian readies for punishing US tariffs
Indian readies for punishing US tariffs
Business and Economy
by  AFP

Indian exports to the United States will face some of the highest tariffs in the world this week, barring a last-minute reversal from President Donald Trump. - The United States was India's top export destination in 2024, with shipments worth $87.3 billion.

Asian stocks down after Trump Fed firing, tariff threats
Asian stocks down after Trump Fed firing, tariff threats
Business and Economy
by  AFP

Asian stocks retreated Tuesday after a series of market-rattling announcements by US President Donald Trump, including the unusual firing of a central bank official and threats to impose export controls on microchips. Asian markets started Tuesday broadly lower, tracking drops made the previous day in New York and Europe.

Trump moves to fire a Fed governor over mortgage fraud claims
Trump moves to fire a Fed governor over mortgage fraud claims
Business and Economy
by  AFP

US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing allegations of false statements on her mortgage agreements -- as he expanded pressure on the independent central bank. The referral, Trump said, provided "sufficient reason" to believe that Cook might have made "false statements" on one or more mortgage agreements.

Women's NBA could face lockout as union deal deadline looms
Women's NBA could face lockout as union deal deadline looms
Business and Economy
by  AFP

Revitalized by Caitlin Clark and other stars and boosted by a new media rights deal, the Women's NBA is struggling to reach a union deal 60 days before the deadline. That led to the WNBA getting $200 million a season starting next year as part of an 11-year media rights deal worth $2.2 billion the NBA signed with Disney, Amazon and NBCUniversal.

Diamond czar Maurice Tempelsman, Jackie O companion, dead at 95
Diamond czar Maurice Tempelsman, Jackie O companion, dead at 95
Business and Economy
by  AFP

Maurice Tempelsman, a renowned diamond merchant and long-time companion of former US first lady Jacqueline Kennedy Onassis, died in New York, his family said. In 1984 he acquired New York-based diamond jewelers Lazare Kaplan, propelling him onto New York's business and social scene, and quickly becoming one of the world's premier diamond merchants.