[ Ottawa suspends negotiations, vows dollar-for-dollar retaliation as USMCA renewal clouds WASHINGTON/OTTAWA: The US imposed 50% tariffs on some Canadian goods on Saturday after the two longstanding allies failed to reach a trade deal, with each side accusing the other of derailing days of talks. The tariffs that came into effect just after midnight (0400 … Read more

[ KSE-100 ends week lower by 2,938 points, also weighed down by domestic political noise KARACHI: Pakistan Stock Exchange (PSX) closed the week on a softer note, with the benchmark KSE-100 index settling at 177,167, down 2,938 points, or 1.63% week-on-week, amid lingering uncertainty about the US-Iran conflict and domestic political noise. After a volatile … Read more

[ SEOUL: A South Korean container ship sets sail on Saturday for Europe via the Arctic in the nation’s first commercial voyage on the route to test its viability, with the hope of turning the south eastern port of Busan into a global maritime hub. The PanStar Acro will sail north, hugging eastern Russia’s Kamchatka … Read more

[ ROME: The Vatican will build a roughly 100 million ($117 million) renewable energy plant that could power the Holy See within two years via a system combining solar power and agriculture, sources involved in discussions on the project said. The agrivoltaic plant is expected to have a capacity of 80 to 90 megawatts, making … Read more

[ Special clearance follows high-level talks amid ongoing Strait disruptions and attacks DUBAI/ HOUSTON: Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from Baghdad through various channels, Iran’s state news agency IRNA reported on Saturday. IRNA said obtaining special permission for Iraqi … Read more