Following Order From US Regulator, Parts Of Iran-Controlled Airspace Being Avoided By Airlines

According to media reports quoting various airlines, a ni8mber of them are avoiding airspace controlled by the Iranians over the Strait of Hormuz and Gulf of Oman and are rerouting flights since the issuing of the ban on Friday by the US regulator on US airlines flying over the airspace for an unscheduled period of…

Trump meets Apple CEO Tim Cook ahead of imposing new trade tariffs on China

The new wave of tariffs which could go into effect from August 1, is likely to cover consumer electronics, including smartphones and tablets. With U.S. President Donald Trump deliberating whether to make good on his threat to impose tariffs on the remaining un-tariffed Chinese exports to the United States, Trump met Apple’s CEO Tim Cook…

US Trade War Responsible For Uber’s IPO Bad Performance: CEO Khosrowshahi

While downplaying the recent volatility in its stock prices, the trade tension that the United States currently has with China and other countries was blamed to be the primary reason for the lackluster performance of the stick of Uber since it launched its IPO in May, said its Chief Executive Dara Khosrowshahi on Tuesday. The…

Trump Describing Auto Imports As Threat To National Security Criticized By Japan’s Toyota

The decision of the United States President Donald Trump to openly declare that auto and auto parts imported into the US were a threat to its national security has been severely criticized by the top Japanese auto maker Toyota Motor on Friday. The Trump administration has announced a delay of six months in the imposing…