International tech innovators arrived in Las Vegas, to represent and try out the latest gadgets and innovations ahead of CES 2025.
The CES trade show, one of the largest gatherings in the U.S., showcases the latest innovations in AI, VR, and health tech from January 7-10.
It takes place just before President-elect Donald Trump’s inauguration, raising concerns over proposed tariffs on imports from countries like Canada, Mexico, and China, which could increase costs for businesses and consumers.
Gary Shapiro, CEO of the Consumer Technology Association, expressed worries that these tariffs would stifle innovation and harm American companies and markets. This year's highlights include a keynote speech from Nvidia CEO Jensen Huang, with AI as a focal point.
Tariffs are expected to dominate discussions, with companies considering shifting production to the U.S. to avoid disruptions. For instance, Honda has indicated it may need to reevaluate its Mexican production if permanent tariffs are imposed. As many new cars sold in the U.S. are made abroad, industry experts warn that automakers could face significant profit losses.
Additionally, Trump plans to roll back policies promoting electric vehicles, leaving automakers like Honda and Toyota to focus on advancements in self-driving and AI technology.
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Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
Wildfires have broken out in Türkiye’s Antalya province, forcing hundreds of people to evacuate as strong winds fuelled the flames.
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the strikes a response to a U.S. attack on five Iranian tankers.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.
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