Afghanistan and Qatar explore investment ties during Doha talks
Afghanistan and Qatar have signalled interest in expanding cooperation in investment and agriculture during talks in Doha, as Afghanistan’s defence ...
Apple has airlifted 1.5 million iPhones from India to the U.S. to avoid Trump’s steep China tariffs, using chartered flights and fast-tracked customs clearance in Chennai as it boosts Indian production and shifts its global supply chain.
Apple has reportedly airlifted around 600 tonnes of iPhones, roughly 1.5 million devices from India to the United States in a strategic move to bypass mounting tariffs imposed by U.S. President Donald Trump.
According to sources, the tech giant chartered six cargo flights from Chennai, India, after scaling up production at its Foxconn facility. The operation was designed to beat the 125% tariff on Chinese imports, which threatens to significantly inflate the cost of iPhones in the U.S. The same device imported from India is currently subject to a 26% tariff, substantially lower and now temporarily paused.
To facilitate the urgent shipments, Apple lobbied Indian authorities to streamline customs clearance in Chennai, reducing processing time from 30 to just 6 hours via a specially created “green corridor.” The company also ramped up production by extending plant operations to Sundays.
India now accounts for around 20% of Apple’s U.S. bound iPhone exports, signalling a shift in its supply chain diversification away from China. With Foxconn and Tata expanding production capabilities in India, Apple’s long-term strategy to counter tariff pressures while maintaining competitive pricing is taking shape. Apple and Indian officials have not yet commented on the reports.
Italian Prime Minister Giorgia Meloni said on Saturday (17 January) that concerns over security in Greenland should be addressed within the framework of NATO, describing a ground military intervention as highly unlikely.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
European leaders voiced growing alarm on Sunday over U.S. threats to impose tariffs on eight NATO allies, warning the move could destabilize transatlantic relations and heighten tensions in the Arctic.
Trump administration officials held months-long discussions with Venezuela’s hardline interior minister Diosdado Cabello before the U.S. operation that led to the seizure of President Nicolás Maduro, according to multiple people familiar with the matter.
Syrian President Ahmed al-Sharaa has signed a decree recognising Kurdish language rights, as government forces advanced against U.S.-backed Kurdish-led fighters despite U.S. calls for restraint.
Global markets are rattled after U.S. President Donald Trump threatened new tariffs on eight European countries over Greenland, sending the euro to a seven-week low and raising concerns about renewed transatlantic trade tensions.
Hong Kong and Shanghai will sign a memorandum of understanding next week to establish a cross-border gold trade clearing system, a move aimed at boosting Hong Kong’s role as an international gold trading hub, Financial Secretary Paul Chan said.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
The UK economy grew more strongly than expected in November, according to official figures, offering signs of resilience after months of weak performance.
China recorded the world’s largest-ever trade surplus in 2025, reaching $1.2 trillion as exporters shifted focus away from the U.S. amid ongoing trade tensions.
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