Browsing: trade talks

Trump and Xi end Beijing summit with cautious progress

News May 15, 2026

Trump and Xi ended Beijing talks after the White House called their meeting good, with trade, Iran and Taiwan still central to ties.

Sheikh Mohamed and Lula review UAE Brazil cooperation

News February 25, 2026

ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan met Brazilian President Luiz Inacio Lula da Silva in Abu Dhabi on…

Porsche to cut 5000 more jobs under restructuring plan

Automotive July 28, 2026

The decision brings total planned job eliminations across the company to approximately 9,000 positions, representing roughly 21 percent of its 42,066 workforce. Company leadership confirmed that Porsche to cut 5,000 more jobs under restructuring plan negotiations following months of talks between management and labor councils. The initiative aims to bolster operational efficiency as the vehicle producer confronts declining market share in Asia, elevated global tariffs, and sluggish demand for electric vehicles.