New Delhi, India – Tesla is finally cruising in India, the world’s third-largest car market, with the launch of its Model Y. The rollout marks the culmination of a decade-long, topsy-turvy journey. Showcased at its new showroom in Mumbai, India’s financial capital, on Tuesday, Tesla’s Model Y is now on sale for about $70,000, a…
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US president has focused attention on the Gulf, visiting the region in first foreign policy trip of his second term. President Donald Trump has hosted Qatar’s prime minister for a private dinner and met with Bahrain’s crown prince at the White House as part of a United States effort to address regional issues, including securing…
The United States is losing strategic ground to China due to US President Donald Trump’s withdrawal from the global stage and transactional approach to foreign policy, a Democrat-authored report has warned. Surveying Trump’s first six months in office, the report warns that his tenure has “significantly undermined” Washington’s ability to compete with China. The report highlights…
BANGKOK – Shares were mixed Wednesday in Europe and Asia after an update on U.S. inflation pulled most Wall Street stocks lower, though gains for Nvidia pushed the Nasdaq to another record. The report showed inflation in the United States accelerated to 2.7% last month from 2.4% in May. Economists said higher prices for clothes,…
WASHINGTON (AP) — President Donald Trump on Tuesday downplayed the possibility of sending Ukraine long-range weapons as Kyiv awaits an injection of U.S. weaponry that it hopes will help it beat back an intensifying Russian air offensive. Trump offered a more cautious tone on what to expect after he threatened Russia a day earlier with…
The EV maker also opened its first showroom in Mumbai on Tuesday. Tesla has launched its Model Y in India for about $70,000, a significant markup relative to its other major markets, reflecting the country’s high tariffs on electric vehicle imports, which CEO Elon Musk has long criticised. The electric carmaker announced the price on…
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The U.S. government said Monday it is placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff. Proponents said the import tax will help rebuild the shrinking U.S. tomato industry and ensure that produce eaten in the U.S. is also grown there. Mexico currently supplies around…
Amid geopolitical tensions, the two nations call for more dialogue as China tries to capitalise on sweeping tariffs on US allies. Chinese President Xi Jinping says relations with Australia have “turned around” as the two countries stress dialogue and seek to stabilise trade in the face of global tensions. Xi made the remarks as he…