EU Commission proposes sanctions against Israel over Gaza war
On Wednesday, the European Commission proposed suspending free-trade arrangements on Israeli goods due to the ongoing Gaza conflict. This move is part...
In a significant development for the tech industry, Indonesia and Apple have reportedly reached an agreement to lift the country's ban on the iPhone 16. According to Bloomberg News, which cited people familiar with the matter, the deal could be signed as early as this week.
Indonesia had imposed the ban in October after Apple failed to meet domestic manufacturing requirements mandating that at least 35% of smartphone parts sold locally be produced in Indonesia. In response to the ban, Indonesia's investment minister revealed that Apple plans to invest $1 billion in a manufacturing plant to produce components for smartphones and other products, a move aimed at boosting local production.
Under the new terms, Apple is expected to further commit to training local talent in research and development through additional programs beyond its existing Apple academies. However, the tech giant has indicated that it has no immediate plans to start assembling iPhones in the country.
Both Apple and Indonesia's Ministry for Industry, which enforces the ban, have yet to respond to requests for comment from Reuters and Bloomberg.
The agreement marks a potential easing of tensions between the U.S. tech giant and the Indonesian government, signaling a shift toward greater local integration in Apple’s supply chain while ensuring continued market access for its flagship products in Indonesia.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
China has entered the United Nations’ annual list of the world’s ten most innovative nations for the first time, displacing Germany, Europe’s largest economy, as companies in Beijing ramp up investment in research and development.
Microsoft and OpenAI announced Thursday a non-binding deal outlining terms that would allow OpenAI to restructure into a for-profit company, marking a key step in the high-profile partnership fueling ChatGPT’s growth.
The U.S. Federal Trade Commission has launched an inquiry into seven technology companies over how their AI chatbots interact with children, amid rising concerns about safety and mental health risks.
Nvidia (NVDA.O) announced on Tuesday that it plans to release a new artificial intelligence chip by the end of next year, designed to manage complex tasks like video creation and software development.
Apple (AAPL.O) on Tuesday opened its annual showcase, where it is expected to reveal a new range of iPhones, including a slimmer “Air” model that could foreshadow the launch of a folding phone next year.
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