European stocks fall as Trump tariff threats rattle markets
European shares dropped on Friday after President Donald Trump intensified tariff threats against the EU, casting doubt on trade talks and dampening i...
Stay updated with the top news for January 11th in our Morning Briefing.
Start your day informed with AnewZ Morning Briefing: here are the top news stories for January 11th, covering the latest developments you need to know.
1. Jeju Air 'black box' data missing from last 4 minutes before crash, South Korea ministry says.
The flight data and cockpit voice recorders on the Jeju Air jet that crashed on Dec. 29 stopped recording about four minutes before the airliner hit a concrete structure at South Korea's Muan airport, the transport ministry said on Saturday.
Authorities investigating the disaster that killed 179 people, the worst on South Korean soil, plan to analyse what caused the "black boxes" to stop recording, the ministry said in a statement.
2. Hollywood celebrities clear their closets for fire aid.
When wildfires destroyed parts of Los Angeles this week, real estate agent Jenna Cooper started asking friends for clothing and other items to help people in need.
Her request spread quickly through a network of powerful women. Actors including Sharon Stone and Halle Berry responded, providing sweaters, shoes, clothing, handbags, belts, pajamas and more pulled from their own collections.
3. Los Angeles firefighters make progress as intense winds ease - for now.
Firefighters finally started gaining control over two major wildfires on the eastern and western flanks of Los Angeles on Friday as fierce winds that supercharged the fires for days finally eased.
Six simultaneous wildfires have devastated Los Angeles County neighborhoods since Tuesday, killed at least 11 people and damaged or destroyed 10,000 structures. Those totals are expected to grow once it is safe enough for firefighters to conduct house-to-house searches.
4. Biden and Zelenskyy discuss US support for Ukraine, sanctions, air defenses.
U.S. President Joe Biden and Ukrainian President Volodymyr Zelenskyy discussed on Friday Washington's support for Ukraine, new U.S. sanctions against Russia and boosting Ukrainian air defenses, Zelenskyy said.
Zelenskyy, in a social media post, thanked Biden for Washington's support in Ukraine's nearly three-year war with Russia and for "the vital role the United States has played in uniting the international community".
Zelenskyy said the presidents also discussed new U.S. sanctions against Russia's energy sector, "which helps (Russian President Vladimir) Putin bankroll the war".
5. Meta, Amazon scale back diversity programs ahead of Trump inauguration.
Facebook owner Meta Platforms and Amazon.com are winding down diversity programs ahead of Republican Donald Trump's return to the U.S. presidency as conservative opposition to such initiatives grows louder.
6. US supports Musk argument in OpenAI lawsuit.
U.S. antitrust enforcers weighed in on Friday on Elon Musk's lawsuit seeking to block OpenAI's conversion to a public company, pointing out legal doctrines that support his claim that OpenAI and Microsoft engaged in anticompetitive practices.
The U.S. Federal Trade Commission and Department of Justice were not expressing an opinion on the case, but offered legal analysis on aspects of the case ahead of a Tuesday hearing in Oakland, California. Musk co-founded OpenAI and owns AI startup xAI.
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.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
Washington and Ottawa are once again at odds, as President Trump unveils a sharp new tariff on Canadian goods—citing drug trafficking and trade disputes just weeks ahead of a key deadline.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
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