Business

EPA US President Donald Trump has suspended tariffs on small packages from China, after his sudden order ending duty-free treatment for shipments worth less than $800 left the US postal service and other agencies scrambling to comply. The postal service temporarily stopped accepting packages from China as a result of the order, only to reverse course a day later. The …

BENGALURU: Pankaj Shrivastava, the interim resolution professional at Byju’s, has convened a committee of creditors (CoC) meeting on Saturday, to vote on who would be the permanent resolution professional, as per sources.In accordance with a National Company Law Tribunal (NCLT) ruling, Glas Trust Company, the administrative agent appointed by a group of lenders of Byju’s, are included in the CoC …

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails In May 2024, plans were cheerfully announced for a £450m facility to be built in Speke, Liverpool, where the pharmaceutical company AstraZeneca would be manufacturing …

NEW DELHI: India crossed the milestone of building solar power generation capacity of 100 GW (gigawatts) on January 31, a feat that provides a tangible leg up for its climate action.Giving credit to prime minister Narendra Modi’s unwavering commitment to a greener future for the achievement, renewable energy minister Pralhad Joshi on Friday said in a social media post the …

New Income Tax Bill: Prime Minister Narendra Modi-led Union Cabinet has cleared the New Income Tax Bill today, according to a PTI report. The Income Tax Bill being cleared by the Cabinet paves way for it to be tabled in the Parliament next week as part of the Budget session.The proposed New Income Tax Bill, set to replace the Income …

Natalie Sherman Business reporter, BBC News Getty Images Job growth in the US slowed last month but unemployment remained low, in a sign of a solid, if more subdued economy. Employers added 143,000 jobs in January, while the unemployment rate slipped to 4% from 4.1%, according to the Labor Department report. The figures set the stage as US President Donald …

The UK government has demanded to be able to access encrypted data stored by Apple users worldwide in its cloud service. The news was first reported by the Washington Post quoting sources familiar with the matter, and the BBC has spoken to similar contacts. Legally, the notice, served by the Home Office under the Investigatory Powers Act, cannot be made …

Liv McMahon & Graham Fraser Technology reporters Hollie Dance Hollie Dance and her son Archie TikTok has been sued by the parents of four British teenagers who believe their children died after taking part in viral trends that circulated on the video-sharing platform in 2022. The lawsuit claims Isaac Kenevan, Archie Battersbee, Julian “Jools” Sweeney and Maia Walsh died while …

Vishala Sri-Pathma and Abi Smitton Business reporters BBC Jon and Becky Ball say the rate cut may help their mortgage, but hit their savings The Bank of England cut interest rates on Thursday from 4.75% to 4.5%, the lowest level for more than 18 months. Lower rates can reduce the cost of borrowing, but could also mean lower returns on …

Netflix has increased its subscription prices in the UK, after it raised its charges in the US, Canada, Argentina and Portugal last month. The new UK price for a Standard subscription without adverts, the platform’s most popular plan, has risen by £2 to £12.99 a month, with other packages also increasing. A spokesperson said the hike would allow Netflix to …