Tensions rise as Iran shuts the Strait of Hormuz, accusing the US of ceasefire violations. Attacks on vessels near Oman heighten global security concerns.
The federal government has reduced the import tariff on fully built passenger vehicles from 70 per cent to 40 per cent under its 2026 fiscal policy measures.
Yangon resident Aung Ko Gyi browses stalls for a solar power kit he can use to weather the blackouts that have become a constant feature of life in Myanmar four years on from a military coup. Resident Aung Kyo Gyi encourages others to switch to solar power to make it through the dark times.
US President Donald Trump's sweeping tariffs on Canada and Mexico are set to roil supply chains for products ranging from automobiles to avocados -- with industries girding for cost increases. Analysts expect Trump's 25 percent across-the-board tariffs on Canada and Mexico would hit the automobile and electronics sectors hard.
Afghanistan's Taliban government took over management of Kabul's famed Serena hotel on Saturday, a hotel statement said, a luxury property targeted by Taliban attacks during their insurgency. The Serena has been the target of multiple deadly attacks by the Taliban before they swept to power in 2021, ousting the foreign-backed government.
Mathias Azonnoudo, a 50-year-old farmer in Benin, was taking a break sitting on a large pile of freshly picked cotton, which the government hopes will feed the country's nascent textile revolution. "I feel like the government has found business leaders that want more, so they are encouraging farmers to produce more," said Azonnoudo, who has been growing cotton for the past 16 years.
US President Donald Trump is set to unveil fresh tariffs Saturday on major trading partners Canada, Mexico and China, threatening upheaval across supply chains from energy to autos and raising inflation concerns. Both Canada and Mexico have said they are prepared to respond if Trump acts on tariffs, raising the specter of an escalating conflict.
OpenAI chief Sam Altman on Friday said his high-profile artificial intelligence company is "on the wrong side of history" when it comes to being open about how its technology works.
Prior to this week's fatal airplane crash in Washington, the US air traffic control (ATC) system was regarded as an understaffed operation beset with old and sometimes obsolete equipment.
US prosecutors announced Friday that they have charged a former Federal Reserve advisor with spying on behalf of China while posing as a part-time lecturer at a local university.
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big shareholders like Mark Zuckerberg, the Wall Street Journal reported Friday. Meta spokesperson Andy Stone told AFP he could not confirm the Journal report and that the company had no plans to move its headquarters from California's Silicon Valley.
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