EU urges US to honor trade deal as Trump raises tariffs
The European Union has urged the United States to honor its trade commitments as President Donald Trump raised global import tariffs to 15 percent.
Business
CM promises superspecialty hospital for Karwar in next budget
Karnataka Chief Minister Siddaramaiah pledged to sanction a superspecialty hospital in Karwar during the next budget, during a visit to the region.
Canacol Energy Names Bednar and Sharma as Interim Co-CEOs
Canacol Energy Ltd. tapped its chief financial and operating officers as interim co-chief executive officers on Friday. The Calgary-based company also named a new independent director to its board amid ongoing restructuring efforts.
Scinai Launches CDMO Division to Fund R&D Pipeline
Scinai, an Israeli biotech firm, has shifted to a dual business model that pairs contract development and manufacturing services with its internal drug research. Investors watch closely to see if the new CDMO unit delivers enough revenue to cover the high costs of advancing therapeutic candidates.
South Africans Recycle 292 Tons of Glass in November Challenge
Residents in Johannesburg, Pretoria and Cape Town recycled 292 tons of glass at public banks during November, exceeding the Glass Recycling Company's 280-ton target for its 2025 challenge. The campaign drew strong participation through social media shares and spot prizes.
Agri Dwala: Black-Owned Farm Thrives on 580 Hectares in South Africa’s Overberg
A fully black-owned farming enterprise in South Africa's Western Cape Overberg region cultivates 580 hectares near Napier, yielding wheat, barley, oats, canola and livestock. Agri Dwala stands out for transforming former farmworkers into skilled managers through hands-on mentorship.
Gold, Silver Poised for Gains Amid Trade Tensions, Analysts Say
Silver and gold prices are set to climb next week as investors flock to safe-haven bullion amid U.S. tariff hikes and Middle East flare-ups, analysts predict. Choice Broking and Angel One cited renewed trade uncertainties and geopolitical risks driving the demand.
India Banks Face Risk-Based Deposit Insurance Premiums from April 21
India's banking sector will shift to risk-based deposit insurance premiums starting April 21, ending a flat-rate system in place for 63 years. The change, approved by the Reserve Bank of India last December, caps premiums at the current level while rewarding stronger banks with lower rates.
DHS Suspends TSA PreCheck, Global Entry Amid Shutdown
The Department of Homeland Security will suspend TSA PreCheck and Global Entry starting Sunday to save resources during a government shutdown. The move affects millions of travelers as the agency furloughs non-essential staff.
Pakistan Christian’s Kids Blocked from ID Cards Over Father’s Forced Conversion
Five children of a Pakistani brick kiln worker cannot register as Christians on their national identity cards because their father was coerced into Islam over a debt and listed as Muslim in government records. Sufyan Masih says officials at the National Database and Registration Authority refuse to change the family's status.
Bitdeer Sells 943 BTC, Wipes Out Corporate Holdings
Bitcoin mining company Bitdeer liquidated its entire corporate Bitcoin treasury, selling 943.1 BTC to drop pure holdings to zero. The firm produced 189.8 BTC in the latest period and sold every bitcoin mined.
EU Rejects US Tariff Hikes After Supreme Court Ruling
The European Commission insisted Sunday that the United States honor last year's EU-U.S. trade deal without any tariff increases following a Supreme Court ruling that invalidated Donald Trump's global tariffs. Officials declared 'a deal is a deal' after Trump imposed new 15% levies across the board.
SBI Holdings Launches 10 Billion Yen Blockchain Bond with XRP Rewards
SBI Holdings plans to issue a 10 billion yen ($64.5 million) blockchain-based bond aimed at individual Japanese investors, complete with XRP cryptocurrency rewards. The three-year SBI START Bonds offer interest rates from 1.85% to 2.45% and will trade on the Osaka Digital Exchange starting March 25.
Tax Rules Clarify FD Interest, Accrued Amounts and TDS in India
Investors must report both earned interest of Rs. 125,394 and accrued interest of Rs. 24,188 from bank fixed deposits in FY 2024-25, despite Rs. 14,958.20 TDS deduction, tax experts say. Gold bond interest requires separate disclosure from savings account interest, which qualifies for up to Rs. 10,000 deduction under Section 80TTA.
UK Workers Optimistic on Most Life Aspects Except Retirement
UK employees report their highest optimism levels in five years across finances, work and health, but remain gloomy about retirement planning. Fidelity International's survey of 1,000 UK workers shows overall optimism at 54% in 2025, up from 52% last year.