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Posts tagged as “Malaysia”

BAT cuts 9,000 roles in cost-saving drive

British American Tobacco will cut 5,500 jobs and outsource 3,500 more as part of a transformation plan expected to save £600 million a year by 2028. The company said its U.S. business will not be affected.

Trump Administration Launches Trade Investigations into Over a Dozen Countries Amid Potential New Tariffs

The Trump administration has launched multiple trade investigations into over a dozen countries, including the EU, China, and Mexico, focusing on "structural excess capacity" in manufacturing that may harm U.S. wages and market access. These probes, conducted under Section 301 of the Trade Act, aim to determine whether new tariffs should be imposed before the current global 10% tariff expires in July, with potential increases to 15% also under consideration. Additionally, separate investigations will target forced labor compliance in about 60 countries, raising concerns among U.S. trading partners and threatening recent trade agreements.

Six Iranian Women’s Soccer Players Granted Asylum in Australia Amid Middle East Conflict, Sparking International Tensions

Seven members of the Iranian women's national soccer team were granted humanitarian visas and chose to remain in Australia amid escalating conflict in the Middle East, while the rest of the team returned to Iran after being eliminated from the Asian Women’s Cup. The situation sparked international attention, with concerns over the players' safety, protests in Australia, and criticism from figures like former U.S. President Donald Trump, contrasted by Iranian officials denying any danger and accusing Australia of interfering. The Asian Football Confederation confirmed the team’s relocation to Malaysia and pledged support during their stay.

Devastating 7.7 Magnitude Earthquake Strikes Myanmar and Thailand, Over 1,700 Dead as International Rescue Efforts Intensify

A powerful earthquake with a magnitude of 7.7 struck Myanmar and parts of Thailand, resulting in over 1,700 confirmed fatalities and significant destruction, particularly in Myanmar and the Bangkok area. Rescue operations are ongoing, with international teams from countries like China, India, Malaysia, Russia, and Thailand actively participating, although the U.S. has not yet deployed a team. The situation remains critical as efforts continue to locate and assist survivors, and the death toll is expected to rise.

Report Reveals Former President Trump Received Millions in Payments from Foreign Governments

This report reveals that former President Donald Trump received at least $7.8 million in payments from foreign governments during two of his four years in office, with China being the leading spender. The payments came from entities linked to the governments of Kuwait, Qatar, Turkey, Malaysia, and the United Arab Emirates, and the report does not provide any evidence that Trump was aware of the payments or that they were made in exchange for any favors. The report is likely to fuel further scrutiny of Trump's financial dealings with foreign governments.

Powerful 7.6 Magnitude Earthquake Strikes Off Coast of Southern Philippines Island of Mindanao

On Saturday night, a 7.6 magnitude earthquake struck off the coast of the southern Philippines island of Mindanao. The Pacific Tsunami Warning Center issued a tsunami warning for the area, and the Philippine Institute of Volcanology and Seismology (PHIVOLCS) warned of possible aftershocks and urged the public to take precautionary measures. This is the latest in a series of quakes that have struck the Philippines in recent months, and the government is working to assess the damage and provide assistance.