AFP
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In India's Mumbai, the largest slum in Asia is for sale
Stencilled just above the stairs, the red mark in Mumbai's Dharavi slum is tantamount to an eviction notice for residents like Bipinkumar Padaya. She believes that "at best" three-quarters of Dharavi residents will be forced to leave.
Asian markets drop as US data, new tariff threats dent sentiment
Markets retreated Friday as nagging uncertainty about the US interest rate outlook was compounded by data showing the world's biggest economy faring much better than expected and fresh tariff warnings from President Donald Trump.
Sought by luxury labels, Nigerian leather reclaims home market
Most Nigerian leather, often semi-finished, is exported to Europe and Asia and turned into luxury items bearing international brand labels, with zero trace of its origins. - Kano, cradle of tanneries - In Kano, a state in northern Nigeria, major international luxury brands source leather through intermediaries, who link them with tanners.
Heavy hand: Free-market US tested as Trump takes stakes in private companies
The Trump administration is in talks to take an equity stake in Lithium Americas, which would insert the government into another private enterprise in the latest challenge to American free-market traditions.
AI has bright future in Latin America, despite training deficit: regional Google chief
AI has a bright future in Latin America but is hamstrung by a huge training shortage, one of Google's top regional executives told AFP in an interview Thursday.
Trump announces steep new tariffs, reviving trade war
US President Donald Trump announced Thursday punishing tariffs on pharmaceuticals, big-rig trucks, home renovation fixtures and furniture, reviving his global trade war. Shares in home furniture retailers Wayfair and Williams Sonoma, which depend on these imported goods, tumbled in after-hours trading following the announcement.
Canada signs historic free trade agreement with Indonesia
Canada has signed a bilateral free trade agreement with Indonesia, which aims to eliminate or reduce tariffs on over 95 percent of Ottawa's exports to its largest market in Southeast Asia. "This is the right deal at the right time with the right partner," Canada's Prime Minister Mark Carney said, adding Indonesia is "Canada's largest export market in Southeast Asia."
Trump allies to control TikTok under new US deal
Donald Trump on Thursday signed an executive order laying out a proposed deal for a US version of TikTok that would see Chinese ownership reduced to 20 percent and put control in the hands of the president's allies. When asked if the Chinese authorities had signed off on the deal, Trump said that President Xi Jinping gave his green light in a phone call last week.
Judge endorses Anthropic's $1.5 bn copyright settlement
A US judge on Thursday endorsed Anthropic's deal to pay $1.5 billion to settle a class action lawsuit over amassing a library of pirated books to train its artificial intelligence.
AFP
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