Putin and Netanyahu Discuss Middle East Peace Efforts
Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu held a phone call to discuss the situation in the Middle East. Accordin...
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.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
US President Donald Trump has sharply criticised Federal Reserve Chair Jerome Powell following the central bank’s decision to keep interest rates unchanged.
Microsoft’s market capitalization surpassed $4 trillion in after-hours trading on Wednesday following a stronger-than-expected earnings report for its fiscal fourth quarter, driven by robust growth in its cloud business.
The European Commission has said it does not view imposing network fees on major technology firms as a practical solution to the ongoing debate over funding the expansion of 5G and broadband infrastructure across the bloc.
Germany’s cabinet has approved a draft 2026 budget on Wednesday featuring record investments and a borrowing level nearly three times higher than last year’s, aiming to strengthen infrastructure and defence while efforts to revive growth.
The World Bank has announced that Tajikistan's medium-term outlook remains favourable, with growth projected to moderate to 7% in 2025 and converge toward a growth rate of 4.5% in 2026 and 5% in 2027.
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