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Trump tariff deadline looms, Canada told levies coming Tuesday
President Donald Trump is due to unleash fresh tariffs Saturday on major US trading partners Canada, Mexico and China -- with Ottawa informed that levies will be effective within days.
Trump tariff deadline looms over Canada, Mexico, China trade
President Donald Trump is due to unleash fresh tariffs Saturday on major US trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to autos.
Horst Koehler, German ex-president and IMF chief, dead at 81
Germany's former president Horst Koehler, who also once headed the International Monetary Fund and was a strong backer of Africa, died Saturday aged 81 after a brief illness.
Pre-Grammys gala honoring the Grateful Dead focuses on fire relief
Music world A-listers took the stage Friday to honor the Grateful Dead at an annual pre-Grammys benefit gala, which this year raised millions for musicians impacted by the recent wildfires that devastated Los Angeles.
Taliban govt-run corporation takes over luxury Kabul Serena hotel
Afghanistan's Taliban government took over management of Kabul's famed Serena hotel on Saturday, a hotel statement said, a luxury property targeted by Taliban attacks during their insurgency.
Benin seeks home-grown cotton 'revolution'
Mathias Azonnoudo, a 50-year-old farmer in Benin, was taking a break sitting on a large pile of freshly picked cotton, which the government hopes will feed the country's nascent textile revolution.
Philadelphia plane crash marks a second US aviation disaster
A small jet with six people onboard crashed into a busy Philadelphia suburb Friday, officials said, marking another US aviation disaster after a passenger plane and a military helicopter collided midair in Washington earlier this week.
Trump to impose Canada, Mexico, China tariffs at weekend
President Donald Trump will implement tariffs Saturday on the three largest US trading partners -- Canada, Mexico and China -- saying there was nothing they could do to forestall him while vowing further levies on various industries.
US charges former Fed official with spying for China
US prosecutors announced Friday that they have charged a former Federal Reserve advisor with spying on behalf of China while posing as a part-time lecturer at a local university.
Meta mulling incorporation shift to Texas: report
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big shareholders like Mark Zuckerberg, the Wall Street Journal reported Friday.
World's longest cargo sail ship launched in Turkey
The world's longest wind-powered cargo ship was launched Friday in Turkey, offering a promising way to slash carbon emissions from merchandise trade.
Grim search for plane crash bodies as Trump doubles down
US investigators insisted Friday they will not bow to outside pressure as they search for bodies and the remaining black box after the fatal Washington air collision, as President Donald Trump doubled down on political point scoring.
Stock markets mostly gain at end of turbulent week
Stock markets mostly rose Friday, led by New York after strong results from Apple reassured investors that the tech sector was still healthy after a volatile week, though European shares were hit by a late bout of profit taking.
Stock markets gain at end of turbulent week
Major stock markets rose Friday, as a key US inflation reading met expectations and strong results from Apple reassured investors that the tech sector is still healthy after a turbulent week.
Calls for UK govt to allow bird flu vaccines for poultry
Several farming organisations on Friday urged the UK government to allow vaccinations for poultry against bird flu amid an outbreak of the highly contagious disease in the country.
Offshore wind power giant Orsted changes CEO
Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector faces an "increasingly challenging situation".
Stock markets close out turbulent week with gains
European and Asian stock markets mostly rose Friday, the end of a week beset by volatility after China's DeepSeek unveiled an artificial intelligence model to rival those of US tech giants.
Kenya's Ice Lions skate to win on East Africa's only rink
Screeching off East Africa's only ice rink, the skates of Kenya's Ice Lions scatter frozen chips of ice as they celebrate their first title win in the capital Nairobi.
World awaits Trump tariff deadline on Canada, Mexico and China
With less than 24 hours before President Donald Trump's deadline to impose sweeping tariffs on the three biggest US trading partners -- Canada, Mexico and China -- the global economy is bracing for impact.
Samsung operating profit hit by R&D spending, fight to meet chip demand
The operating profit of South Korean tech giant Samsung Electronics sank almost a third in the fourth quarter owing to spending on research, the company said Friday, as analysts said it was struggling to meet demand for chips used in AI servers.
Japan records biggest jump in foreign workers
Japan saw its biggest year-on-year jump in foreign workers since records began, government data showed Friday, as the country seeks to address labour shortages exacerbated by its ageing population.
Asian markets mostly rise but worries over tariffs, AI linger,
Most Asian markets edged up Friday at the end of a week beset by volatility after China's DeepSeek unveiled a groundbreaking chatbot, while sentiment was dampened after Donald Trump confirmed he hit Canada and Mexico with hefty tariffs.
Investigators recover plane black boxes from Washington air collision
Investigators on Thursday recovered the black boxes from a passenger plane whose mid-air collision with a military helicopter over Washington's Potomac river killed 67 people, as rescuers pulled victims' bodies from the freezing water.
Chipmaker Intel beats revenue expectations amidst Q4 loss
Intel reported a fourth-quarter loss on Tuesday, but better than expected revenue as the US chip giant continues to struggle to stake its place in the artificial intelligence revolution.
Key nominees for the Grammy Awards
Here is a list of nominees in the major categories for the 67th annual Grammy Awards, which will be handed out on Sunday in Los Angeles.
Samsung Electronics posts 129.85% jump in Q4 operating profit
Samsung Electronics said Friday its operating profits surged 129.85 percent year-on-year in the fourth quarter of 2024, but fell from the previous quarter as it struggled to meet demand for chips used in artificial intelligence servers.
French luxury billionaire sparks tax debate with threat to leave
Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United States to escape a planned tax hike.
Washington midair crash: What we know so far
A US commercial airliner with 64 people aboard and a military helicopter collided over Washington on Wednesday before crashing into the Potomac River.
Trump blames 'diversity' for deadly Washington airliner collision
US President Donald Trump -- speaking as the bodies of 67 people were being pulled from Washington's Potomac River -- launched an extraordinary political attack Thursday, blaming diversity hires for the midair collision between an airliner and a military helicopter.
Merkel slams successor over far-right support on immigration bill
Germany's ex-chancellor Angela Merkel weighed in Thursday on a controversy flaring ahead of February elections, slamming her party successor for relying on far-right support on the flashpoint issue of immigration.
Stock markets firm on ECB rate cut, corporate results
European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady after a mixed bag of company earnings reports.
Mexican economy shrinks for first time in three years
Mexico's economy suffered its first contraction in three years in the fourth quarter of 2024, official figures showed Thursday, as the country braces for US President Donald Trump's threatened tariffs.