Trump set to announce sweeping tariffs, risking global trade war

New reciprocal tariffs likely to take effect immediately, with 25% auto import duties from April 3

Commodity giants tighten supply chain grip with major asset spree

Windfall profits from energy crisis are fueling expansion into metals, biofuels and infrastructure, including acquisitions in Pakistan

India’s semiconductor market to reach $150 billion by 2030

Over 100 semiconductor startups operate in India, contributing 20% to the global workforce in semiconductor design

Swedish insurer divests $160 million stake in Tesla over labor rights

The divestment follows a prolonged labor dispute involving Tesla and Swedish unions, which began in late 2023

U.S. Senate investigates Meta’s alleged efforts to enter Chinese market

The investigation arises from allegations that Meta devised a "three-year plan," called "Project Aldrin," to penetrate the Chinese market

Visa and Amex target Mastercard’s Apple Card partnership, WSJ reports

This competition follows the recent conclusion of Apple's partnership with Goldman Sachs and Mastercard, which began in 2019

China to launch EV grid projects to support power system

This allows cars to function as energy storage units, contributing power back to the grid

White House to hold meeting on TikTok

Trump will consider on Wednesday a final proposal related to TikTok ahead of an April 5 deadline for the app to find a non-Chinese buyer

ChatGPT usage hits a record as Ghibli-style AI art goes viral

The rapid growth places a strain on OpenAI’s servers, resulting in occasional outages and performance issues

Google Play Store update to impact 1 billion phones, disabling Google Wallet and banking apps

ISLAMABAD: Google is set to introduce significant changes to Android's security framework in a bid to close the privacy gap between Android...

South Korea plans $6.8B emergency budget bill

The supplementary budget aims to mitigate the economic impact of the country’s worst-ever forest fires and counter sluggish growth, says Finance Minister Choi Sang-mok

U.S. pushes French firms to comply with Trump’s DEI ban

The request, sent by the U.S. Embassy in Paris, instructs firms to submit signed declarations within five days, outlining their stance on compliance

Elon Musk’s xAI acquires social media platform X in $33 billion deal

The move consolidates Musk’s AI and social media ventures, positioning xAI for broader expansion in the competitive AI market

IMF approves $400 million disbursement to Ukraine

This brings total disbursements under Ukraine’s IMF-backed program to $10.1 billion

ByteDance founder Zhang Yiming becomes China’s richest person at $57.5 billion

Zhang, who now resides in Singapore, built his fortune solely through his 21% stake in ByteDance