Zoom restores service after global outage hits thousands of users
Users experience difficulties accessing Zoom meetings, logging into the platform, and navigating its web portal
Temu, Shein to hike prices as Trump tariffs target low-value imports
Temu and Shein announce price increases effective April 25, urging shoppers to make purchases “now at today’s rates”
Oil prices rise 1% on trade talks optimism and Iraq’s production cut plans
Brent crude futures climb 1.08% to $65.37 per barrel, while U.S. West Texas Intermediate crude also gains 1.14% to $62.03
India’s iPhone shipments to the U.S. reach nearly $2 billion in March
Foxconn records $1.31 billion in iPhone exports from India in March, while Tata Electronics ships iPhones worth $612 million
Dollar weakens sharply as fresh U.S. tariffs rattle markets
The Swiss franc rises notably, outperforms all G10 currencies since the initial tariff announcements on April 2
OPEC reports oil output compensation plans from eight members
The countries are Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman
California attorney general declines to back Elon Musk’s lawsuit against OpenAI
While the office has opted not to join Musk’s lawsuit, it remains engaged due to its regulatory role in nonprofit matters
Nvidia to take $5.5 billion hit after U.S. blocks AI chip exports to China
Major Chinese tech firms such as Tencent, Alibaba, and ByteDance have reportedly placed significant orders for the chip
Trump orders national security review of U.S. critical minerals imports
China remains a dominant supplier of 30 of the 50 minerals deemed essential by the U.S. Geological Survey
Xiaomi pulls YU7 SUV from China auto show lineup
Instead, the company will present its SU7 and SU7 Ultra models at the event
Honda to shift U.S.-bound Civic hybrid production from Japan to Indiana
Production at the Yorii factory near Tokyo is expected to end by June or July as part of the transition
U.S. imposes new export restrictions on AMD, Nvidia AI chips to China
Nvidia disclosed that it would incur $5.5 billion in charges due to the U.S. government's decision
New trade negotiator Li Chenggang to lead China’s response to U.S. tariffs
Li Chenggang's legal expertise and trade background may play a key role in China's strategy during the ongoing trade dispute
Honda denies plans to shift production from Canada and Mexico to U.S.
The U.S. is Honda’s largest market, accounting for nearly 40% of its global vehicle sales last year
U.S. import prices fall unexpectedly in March, easing inflation concerns
Over the 12 months through March, import prices rise 0.9%, a slowdown from the 1.6% year-on-year gain recorded in February