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Business

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US expands LNG infrastructure, boosts capacity by 17.8 Bcfd
EIA: US natural gas pipeline completions boosted takeaway capacity

WASHINGTON, D.C.: The expansion of U.S. natural gas infrastructure in 2024 significantly boosted the country's ability to transport...

Audi to cut 7,500 jobs in Germany by 2029 in cost-cutting move
Audi to cut 7,500 jobs in administration, development by 2029

BERLIN, Germany: Audi has announced plans to cut up to 7,500 jobs in Germany by 2029 as part of a broader restructuring aimed at reducing...

FAA to propose new rules for expanding drone deliveries
US FAA to propose rule on allowing expanded drone use

SEATTLE/WASHINGTON D.C.: U.S. Transportation Secretary Sean Duffy said last week that the Federal Aviation Administration (FAA) is...

Wall Street rallies on Federal Resrve decision
U.S. stocks advance after Fed leaves interest rates unchanged

NEW YORK, New York - U.S. stocks rose Wednesday despite the U.S. Federal Reserve signalling a potential slowdown in the U.S. economy,...

Trump repeals $17.75 minimum wage rule for federal contractors
Trump nixes Biden-era minimum wage of $17.75 for federal contractors

WASHINGTON, D.C.: President Donald Trump has reversed a Biden-era executive order requiring businesses with federal contracts to pay...

UBS CEO Ermotti to earn $17 million in 2024, report says
UBS CEO Ermotti to get $17 million paycheck for 2024, Blick reports

FRANKFURT, Germany: UBS CEO Sergio Ermotti will receive a pay package of just over 15 million Swiss francs (US$17 million) for 2024,...

World

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US weighs broad travel ban covering dozens of countries
US government weighs travel ban on dozens of countries

WASHINGTON, D.C.: The Trump administration is considering strict new travel restrictions for citizens of dozens of countries, according...

US cuts VOA funding, puts 1,300 staff on leave
VoA staff put on leave, Trump ally says agency 'not salvageable'

WASHINGTON, D.C.: The U.S. government has placed more than 1,300 Voice of America (VOA) employees on leave and slashed funding for...

BELGIUM-BRUSSELS-EU SUMMIT-UKRAINE-ZELENSKY-ADDRESS
BELGIUM-BRUSSELS-EU SUMMIT-UKRAINE-ZELENSKY-ADDRESS

(250320) -- BRUSSELS, March 20, 2025 (Xinhua) -- Ukrainian President Volodymyr Zelensky (on the screen) addresses the EU summit via...

White House blames egg crisis on Biden
White House blames egg crisis on Biden

The previous administration ordered a massive chicken cull just before President Trump's inauguration, according to his press secretary...

Russia reiterates key Ukraine ceasefire demand to US
Russia reiterates key Ukraine ceasefire demand to US

Stopping military aid and intelligence sharing with Kiev is crucial for a peaceful resolution of the conflict, the Foreign Ministry...

EU reaffirms commitment to rules-based international order with UN at its core
EU reaffirms commitment to rules-based international order with UN at its core

BRUSSELS, 20th March, 2025 (WAM) -- The European Union has reiterated its commitment to the United Nations Charter and the principles...