live Iran reports fresh 'enemy' strikes, U.S. says talks continuing
New strikes were reported by Iranian media overnight, including attacks near Iran's only functioning nuclear power plant around the port city of Bus...
Online retail platform Temu has begun adding steep “import charges” of around 145% to orders shipped to the United States, a direct response to President Donald Trump’s newly imposed tariffs on Chinese goods, CNBC reported.
The additional charges are significantly raising costs for U.S. consumers. In one example cited by CNBC, a summer dress listed at $18.47 on Temu now costs $44.68 after $26.21 in import fees—making the fees more expensive than the item itself.
While fast-fashion competitor Shein has also increased prices in reaction to the tariffs, it has not yet applied separate import charges.
The price hikes follow warnings issued by both companies earlier this month that U.S. customers would face higher prices starting April 25. The hikes are due to a 145% tariff on Chinese-made goods and the termination of a long-standing customs exemption that previously allowed imports under $800 to enter the U.S. without duty.
The new trade measures, part of Trump’s broader tariff policy, have disrupted the low-cost, high-volume sales models that platforms like Temu and Shein rely on, prompting operational changes and customer backlash across U.S. markets.
It has been a punishing week for large parts of China, and forecasters warn the worst may not be over. After Typhoon Maysak left a trail of destruction and at least 23 people dead, Super Typhoon Bavi is now threatening the country's eastern coast.
U.S. President Donald Trump said on Wednesday that the memorandum of understanding signed with Iran to end the conflict was "over", adding he did not want to engage with Tehran, calling the Iranian leadership "sick people".
The death toll from Venezuela's twin earthquakes has risen to 3,811, according to figures released by National Assembly President Jorge Rodriguez on Wednesday.
The U.S. military said on Wednesday it launched fresh strikes on Iran to keep the Strait of Hormuz open to shipping, triggering Iranian attacks on Kuwait and Bahrain in the latest escalation to derail efforts to end the war.
Typhoon Bavi churned southeast of Taiwan in the Pacific Ocean on Thursday, its winds easing overnight to just shy of 200 kph (124 mph), as authorities urged residents to stock up on supplies and brace for what could be the most powerful typhoon since 2024.
European carmakers have urged the European Union to make sure new “Made in EU” rules do not put existing investments in Türkiye and Morocco at risk.
Microsoft is expected to announce a new round of job cuts as early as next week as the technology giant looks to reduce costs, according to reports.
A Swedish court has ordered Alphabet-owned Google to pay about $1.5 billion in antitrust damages to price comparison platform PriceRunner, in one of Europe's largest competition-related awards against a major technology company.
U.S. President Donald Trump earned more than $1bn from cryptocurrency-related business ventures last year, according to his mandatory 2025 financial disclosure.
Rocket Lab has agreed to acquire Iridium Communications in an $8 billion deal, giving the space company a global satellite communications network and accelerating its expansion beyond launch services. The acquisition marks a major step in its ambition to become a fully integrated space business.
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