The US military says it has hit more than 800 targets since launching sustained air and naval strikes against the Houthi movement in Yemen on 15 March. In a statement on Sunday summarising recent operations, US Central Command said it had “killed hundreds of Houthi fighters and numerous Houthi leaders”. Washington has said it is…
An Optimus bot from Tesla on display during the 2024 World AI Conference & High-Level Meeting on Global AI Governance at the Shanghai World Expo Exhibition and Convention Center on July 7, 2024. Anadolu | Anadolu | Getty Images Tesla CEO Elon Musk says China’s new trade restrictions on rare earth magnets have affected the…
Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. Alex Wong | Getty Images Google’s antitrust woes are continuing to mount, just as the company tries to brace for a future dominated by artificial intelligence. On Thursday, a federal judge ruled…
The Trump administration has unveiled its plan to impose port fees on Chinese ships as it tries to revive shipbuilding in the US and challenge China’s dominance of the industry. The US Trade Representative’s (USTR) announcement is less severe than a plan floated in February to hit vessels produced by China with fees of up…
Microchip maker Nvidia said it would be hit with $5.5bn (£4.2bn) in costs after the US government tightened export rules to China. The chip manufacturing giant, which has been at the heart of the artificial intelligence (AI) boom, will require licences to export its H20 AI chip to China, which has been one of its…
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images Consumer worries grew over inflation, unemployment and the stock market as the global trade war heated up in March, according to a Federal Reserve Bank of New York survey released Monday. The central…
Rushdi Abualouf Gaza correspondent Getty Images Flames rise near the Al-Ahli Baptist Hospital An Israeli strike has destroyed the intensive care and surgery departments of the main medical facility in Gaza City, Hamas has said. Video posted online appeared to show huge flames and smoke rising from Al-Ahli Baptist Hospital after missiles hit a two-storey…
Hundreds of flights have been cancelled and train lines were suspended as gales hit Beijing and northern China on Saturday. By 11:30 local time (03:30 GMT) on Saturday, 838 flights had been cancelled at the capital’s two major airports, according to the Reuters news agency. Wind gusts of up to 93mph (150 kph) – the…
Bitcoin could hit $250,000 as early as this year with technology giants such as Microsoft and Apple entering the cryptocurrency space, industry veteran and founder of the Cardano blockchain Charles Hoskinson told CNBC. Crypto markets have been hammered amid a sell-off of risk assets stoked by U.S. President Donald Trump’s “reciprocal tariffs” on countries across…
A customer carries merchandise from a Hermes store on Feb. 14, 2025. Scott Olson | Getty Images Europe’s beloved luxury brands may be largely sheltered from the initial effects of sweeping U.S. tariffs, but the risks of a wider economic downturn spell bad news for the sector’s long-awaited recovery. Shares of European luxury stocks LVMH,…
