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Volvo Cars is restructuring and cutting 3,000 jobs due to economic challenges and trade uncertainties.
Trump emphasizes manufacturing tanks and technology over textiles in his tariff policies, facing criticism from apparel industry leaders.
Trump announces a new partnership between US Steel and Nippon Steel, hinting at job creation and investment, sparking market optimism.
US President Trump threatens a 25% tariff on iPhones not made in the U.S., impacting Apple and other smartphone manufacturers.
Denmark has raised its retirement age to 70 by 2040, marking the highest in Europe, amid criticism and potential ripple effects across Europe.
India's monsoon rains arrive early, boosting hopes for a rich harvest and aiding in relief from recent heatwaves.
The U.S. Treasury plans to stop penny production due to high costs, expecting $56 million in annual savings.
Asian shares gain cautiously as Treasuries show signs of support after the passage of a U.S. tax bill, despite ongoing debt concerns.
China and ASEAN have completed negotiations on a new free trade agreement aimed at enhancing economic cooperation and reducing trade tensions.
Pakistan's GDP growth reaches 2.68%, falling short of expectations as economic challenges persist.
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