Germany creates centralised council to improve security planning
The German government on Wednesday approved the creation of a permanent National Security Council aimed at strengthening the country’s medium- and l...
Apple has pledged an additional $100 billion investment in the U.S., bringing its total commitment to $600 billion over four years, in a move seen as easing tensions with President Donald Trump over potential iPhone tariffs.
The announcement was made at The White House on Wednesday, where President Trump praised Apple’s move as a sign that major firms were “coming home.” He spoke shortly after Apple CEO Tim Cook presented him with a U.S.-made souvenir mounted on a 24-karat gold base.
The new pledge focuses on expanding Apple’s domestic supply chain and advanced manufacturing presence, but stops short of moving iPhone final assembly to the U.S.
“Final assembly will remain overseas for a while,” Cook said, though he noted that key components such as semiconductors and glass are already made domestically.
Trump had threatened a 25% tariff on Apple products manufactured abroad, reversing earlier exemptions. Apple said the new investments may help it avoid such penalties.
Analysts said the announcement aligns with Apple's past investment patterns and serves to placate the White House.
“It helps get on Trump’s good side,” said Daniel Ives of Wedbush Securities.
Nancy Tengler, CEO of Laffer Tengler Investments, described it as “a savvy solution” to political pressure for onshore manufacturing.
Key partners in the investment include Corning, Applied Materials, Texas Instruments, GlobalFoundries, Broadcom, Samsung and GlobalWafers. Samsung will supply chips from its Texas plant, while GlobalWafers will provide 300mm silicon wafers, also from Texas.
Apple shares rose 5% following the announcement, with Corning and Applied Materials also gaining in extended trading.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kuwait says oil prices will likely stay below $72 per barrel as OPEC monitors global supply trends and U.S. policy signals. The remarks come during market uncertainty fueled by new U.S. tariffs on India and possible sanctions on Russia.
Emergency areas have been officially designated in Spain after 113 wildfires destroyed more than 400,000 hectares this summer. Spain's Interior Minister Fernando Grande-Marlaska made the announcement on Wednesday.
The German government on Wednesday approved the creation of a permanent National Security Council aimed at strengthening the country’s medium- and long-term security planning.
Hussam al-Masri, a Reuters cameraman who was killed Monday at Gaza’s Nasser Hospital, had spent months capturing the daily hardships of civilians while living in a makeshift tent and struggling to provide for his family.
More than 100,000 people in Ukraine are without electricity after Russian forces carried out extensive overnight drone attacks on energy and gas transport infrastructure across six regions, causing significant damage in Poltava, Chernihiv and Sumy on Wednesday.
Head of the Catholic church Pope Leo XIV on Wednesday urged the global community to push for a permanent ceasefire in the Israel-Hamas war, calling for the release of hostages and safe delivery of humanitarian aid to Gaza.
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