United States launches investigation into Germany over pharmaceutical pricing practices

The United States government has opened an official investigation into Germany’s pharmaceutical pricing policies, in a move that could potentially lead to the imposition of new tariffs on medical products. The inquiry, announced by the Office of the United States Trade Representative (USTR), will examine whether Germany’s pricing......

Three killed in U.S. strike on suspected drug trafficking boat in the Pacific

Three people were killed on Thursday in the eastern Pacific Ocean after a U.S. military strike targeted a vessel suspected of being involved in drug trafficking, according to U.S. military officials. The U.S. Southern Command (Southcom) said intelligence assessments indicated that the boat was operating along known narcotics routes and was......

U.S. Pentagon seeks additional $80 billion in emergency funding

The United States Department of Defense is preparing to request an additional $80 billion in funding from Congress, according to reports, in order to cover rising military costs linked to ongoing operations and global deployments. The proposed supplemental budget would be used to support a range of defense needs, including operational expenses,......

South Korea proposes phased approach to North Korea nuclear issue as Trump signals openness

South Korean President Lee Jae Myung has revealed that U.S. President Donald Trump is open to considering a phased strategy for addressing North Korea’s nuclear ambitions, a move that could revive diplomatic efforts on one of Asia’s most persistent security challenges. According to Lee, discussions between the two leaders focused......

Original investors seek to buy back AI startup Manus from Meta in reported $2 billion deal

A group of early investors in artificial intelligence startup Manus is reportedly exploring a plan to repurchase the company from Meta in a transaction valued at approximately $2 billion. The development highlights the intense competition and strategic maneuvering currently shaping the global AI industry. According to reports, the investors......

Architect Labs raises $24 million to accelerate AI-Driven custom chip design

U.S.-based startup Architect Labs has secured $24 million in seed funding as it seeks to transform the way custom semiconductors are designed using artificial intelligence. The company aims to simplify and accelerate chip development, positioning itself in a market currently dominated by established players such as Broadcom and Marvell. The......

US announces review of military presence in Europe, Pete Hegseth says

The United States has announced a comprehensive review of its military presence in Europe, signaling a potential shift in the strategic balance within the NATO alliance. US Secretary of Defense Pete Hegseth confirmed that the reassessment will take place over a six-month period and will examine the deployment of American forces across European......

Kroger maintains annual forecast despite mixed quarterly results and cautious consumer spending

U.S. grocery retailer Kroger has maintained its full-year financial forecasts unchanged, even as it reported stronger-than-expected sales for the first quarter but fell short of profit expectations. The company’s decision to keep its outlook steady reflects a cautious approach to ongoing economic uncertainty, particularly as inflation......

Waymo to recall over 3,800 robotaxis after software risk in construction zones

Waymo, the autonomous driving company owned by Alphabet, has announced a recall of 3,871 robotaxis in the United States following the identification of a software issue that could cause vehicles to enter closed highway construction zones. According to the U.S. National Highway Traffic Safety Administration (NHTSA), the affected vehicles may......

Finland strengthens F-35 capabilities with purchase of advanced US glide bombs

Finland has announced plans to enhance the capabilities of its future F-35 fighter jet fleet through the acquisition of advanced precision-guided glide bombs from the United States, marking another step in the country's ongoing defense modernization efforts. The purchase will provide Finland with a new air-to-ground strike capability......

Oil prices fall sharply after US-Iran agreement eases market concerns

Global oil prices recorded a significant decline on Thursday following the signing of a framework agreement between the United States and Iran, a development that has eased concerns over energy supplies and reduced tensions in one of the world's most strategic regions for oil transportation. Market sentiment improved after the agreement......

US judge rules Huawei CFO’s admissions can be used in upcoming criminal trial

A US federal judge has ruled that admissions made by Huawei’s Chief Financial Officer Meng Wanzhou can be used as evidence in the company’s upcoming criminal trial, marking a significant development in a long-running legal dispute involving the Chinese technology giant. The ruling, issued in Brooklyn federal court, relates to......

Norsk Hydro to close two US plants, cutting around 350 jobs

Norsk Hydro, the Norwegian aluminium producer, has announced plans to shut down two of its extrusion plants in the United States next year, resulting in the loss of approximately 350 jobs. The company said the affected facilities are located in City of Industry, California, and Delhi, Louisiana. It explained that both sites are operating......

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