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Lower profits at US oil giants amid fall in crude prices
US oil giants ExxonMobil and Chevron reported lower profits Friday, reflecting the hit from falling crude prices amid global economic uncertainty surrounding President Donald Trump's tariffs.
GM cuts shift at Canada plant over 'evolving trade environment'
General Motors said Friday it would reduce the number of shifts at a truck assembly plant in Canada, as US President Donald Trump's trade war upends the North American auto sector.
Trump eyes huge 'woke' cuts in budget blueprint
US President Donald Trump on Friday eyed massive cuts targeting "woke" and "wasteful" spending in his first budget blueprint since he returned to power, while boosting defense and border security. Trump would also massively cut foreign aid even while stepping up defense spending to $1.01 trillion and pouring money into homeland security as part of his anti-immigration drive.
US ends duty-free shipping loophole for low-cost goods from China
The United States on Friday ended a tariff exemption for goods shipped from China worth less than $800, dealing a major blow to popular e-commerce sites such as Shein and Temu, whose cheap items consumers have come to rely on. The move threatens to hammer the business model of several large firms that ship cheap goods from China -- including fast-fashion titans Shein and Temu.
Australians vote in election swayed by inflation, Trump
Australians will cram voting booths on Saturday to pick their next government, deciding a hard-fought election shaped by living costs, climate anxiety and Trump tariffs. "The cost of living -- it's extremely high at the moment.
Lawyers probe 'dire' conditions for Meta content moderators in Ghana
Lawyers are probing "dire" workplace conditions for Meta content moderators in Ghana, attorneys involved in the investigation told AFP, in what could turn into the latest dispute over the social media giant's labour practices in Africa.
US hiring slows less than expected, unemployment unchanged
US hiring slowed less than expected in April while the jobless rate remained unchanged, according to government data published Friday, as businesses navigated the early months of Donald Trump's second presidency.
Grand Theft Auto VI release postponed to May 2026: publisher
The much-awaited release of Grand Theft Auto VI, the latest instalment of the popular video game series, has been postponed by several months to May 2026, its publisher said Friday. "With every game we have released, the goal has always been to try and exceed your expectations, and Grand Theft Auto VI is no exception," it said.
EU wins post-Brexit fishing row with Britain
The European Union on Friday won a landmark case against Britain at the world's oldest arbitration body over post-Brexit rights to fish sandeels, a tiny North Sea species. In March, Britain ordered all fishing to stop, arguing that sandeels were integral to the marine ecosystem of the North Sea.
AFP
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