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Gold
3338.95
1.000%
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1.32996
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GBP/JPY
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Real-time News
On May 9, Pakistani military spokesman Chaudhry said: "We will not ease the situation - given the damage India has caused us, they should be hit." The spokesman added: "So far, we have been protecting ourselves, but at the appropriate time, they will get our response."On Friday, the British steel industry urged the government to clarify when the United States will lift tariffs. The United States and the United Kingdom previously reached a landmark agreement to remove tariffs imposed by Trump on the industry. The United Kingdom welcomed the trade deal, saying it would reduce steel tariffs from 25% to 0%, so that British producers can continue to export products to the United States. However, details released late on Thursday showed that the two sides must also formally determine the safety requirements and quotas that the steel industry must comply with, leaving industry representatives unclear when the tariffs will be lifted. "This is certainly not a formality; I mean, there are obviously a lot of things in the agreement that have not been fully determined and defined so far," said Chrysa Glystra, director of trade and economic policy at industry group UK Steel. Glystra added that companies do not know the supply chain conditions they must meet to take advantage of tariffs. "We dont really know when this will take effect, or what the specific timeline is."On May 9, a document showed that the U.S. Patent and Trademark Office rejected Teslas application to register the word "Robotaxi" as a trademark on Tuesday. Another application by Tesla to register the word "Robotaxi" as a trademark for its upcoming online car-hailing service is still under review by the Patent Office. The department issued a "non-final review opinion" around the Robotaxi trademark application, which means Tesla has three months to submit a response, otherwise the Patent Office will abandon the application. Teslas application for the "Cybercab" trademark has been halted because other companies are applying for similar "Cyber" trademarks.Iran has agreed to hold a fourth round of indirect nuclear talks with the United States in Oman on Sunday, a member of the Iranian delegation revealed, according to Irans Tasnim News Agency.The three major U.S. stock indexes all turned negative, with the Dow Jones Industrial Average down 0.19%, the S&P 500 down 0.1% and the Nasdaq down 0.02%.
