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Trump greenlights Nippon Steel 'partnership' with US Steel
US President Donald Trump on Friday threw his support behind a new "partnership" between US Steel and Japan's Nippon Steel, sending the American firm's share price skyrocketing on hopes of an end to the long-running saga over foreign ownership of a key national asset.
US Steel shares skyrocket after Trump greenlights Nippon 'partnership'
Shares of steelmaker US Steel skyrocketed on Friday after President Donald Trump announced his support for a "partnership" with Japan's Nippon Steel.
Distrusting Argentines loath to bank their 'mattress dollars'
Argentine "Rita Lopez," 84, keeps her US dollars hidden in an empty pea can in the kitchen. Either way, Lopez insists nothing can get her to part with her pea can.
UK retailer suspends Labubu toy sales amid safety fears
A retailer in the UK has suspended in-store sales of Labubu toys amid rising concerns over public safety and staff threats, following reports of global thefts and queue violence tied to the sought-after collectibles. In California, The Sun reported a car break-in in which three Labubu toys were taken.
S.Africa moves to ease black empowerment law under Starlink pressure
South Africa's government is moving towards easing its black ownership laws in the telecoms sector -- a policy change that would smooth the way for Elon Musk's Starlink to enter the local market.
Trump fires new tariff threats at Apple and EU
President Donald Trump ratcheted up the US trade war on Friday, threatening to impose a new 25 percent levy against Apple, and a 50 percent tariff on the European Union. Lamenting that negotiations with the EU "are going nowhere," Trump said on Truth Social that he is recommending "a straight 50% Tariff on the European Union, starting on June 1, 2025."
France's TotalEnergies to face court in June in 'greenwashing' case
TotalEnergies will face a Paris civil court in June over allegations it made false advertisements about its climate pledges -- an unprecedented case in France against a major fossil fuel company, activists said Friday.
Merz, Xi discuss Ukraine war, trade woes amid global 'chaos'
Germany's Friedrich Merz urged Chinese President Xi Jinping on Friday to support a Ukraine ceasefire push and discussed thorny economic ties, in the leaders' first call since Merz became chancellor. On the topic of Ukraine, Merz's office said he told Xi about "the common efforts of Europe and the EU to bring about a quick ceasefire" and urged China to "support these efforts".
260 miners stuck underground after 'incident' at S.African shaft
Damage to a mine shaft kept 260 miners stuck in a gold mine outside Johannesburg overnight, the mine manager and union said Friday. Mining employs hundreds of thousands of people in South Africa -- the biggest exporter of platinum and a major exporter of gold, diamonds, coal and other raw materials -- and accidents are common.
AFP
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