Trump Auto tariff hike could cost Germany nearly $18 billion in output, institute says

A proposed increase in U.S. tariffs on imported European vehicles could significantly impact Germany’s economy, according to recent estimates by a leading economic institute. The measure, which targets cars and trucks from the European Union, is expected to weigh heavily on Europe’s largest economy, where the automotive sector......

China conducts combat patrols near Scarborough Shoal during US-Philippines drills

China's military announced Thursday that its naval and air forces carried out combat readiness patrols near Scarborough Shoal, a disputed South China Sea feature. The action coincided with ongoing multinational exercises led by the Philippines and United States. Beijing framed the patrols as measures to defend its sovereignty. The Southern......

Georg Baselitz, painter known for inverted images, dies at 88

Georg Baselitz, the German painter and sculptor who reshaped post-war European art through his radical practice of depicting subjects upside down, died on Thursday, April 30, at age 88. His death drew prompt confirmation from Galerie Thaddaeus Ropac, which had represented him for years. The artist passed peacefully after shaping German visual......

Huawei expects AI chip revenue surge to $12 billion in 2026

Huawei is projecting a sharp rise in revenue from artificial intelligence chips, expecting at least a 60 percent increase to reach around $12 billion in 2026, up from $7.5 billion the previous year. The forecast is based on confirmed orders and reflects the company’s growing dominance in China’s domestic AI chip market as US export......

AI deepfakes of celebrities flood TikTok ads promoting scams

Fraudsters are using artificial intelligence-generated deepfakes of Taylor Swift, Rihanna and other public figures to promote fake reward schemes on TikTok, exposing growing weaknesses in how social media platforms handle synthetic media. The activity highlights the rapid spread of low-cost AI tools that enable large-scale impersonation. The......

Apple smart glasses focus on gestures and dual cameras without display

Apple is moving closer to launching its first smart glasses, with new details pointing to a lightweight device designed for everyday use rather than advanced augmented reality. The product, currently known by the codename N50, will include two integrated cameras and rely on gesture controls and voice interaction instead of a built-in display. The......

Wall Street raises Amazon price targets after strong first quarter earnings

Amazon reported first quarter results that exceeded expectations across revenue, profit, and operating income, prompting a broad wave of price target increases from Wall Street analysts. The performance was driven by strong growth in cloud computing and improved operating margins, even as investor concerns over heavy capital spending weighed......

Brent crude falls below 110 dollars after volatile spike above 120

Brent crude slipped below 110 dollars a barrel on Thursday, pulling back from a brief spike above 120 dollars the previous day, one of the most volatile stretches on oil markets since the start of the Strait of Hormuz crisis two months ago. The sharp moves underscore a market caught between fears of a prolonged supply disruption and repeated......

Uber CTO shows how Claude Code can blow up AI budgets

Uber’s chief technology officer has revealed that the ride‑hailing giant’s rapid rollout of AI coding tools, particularly Anthropic’s Claude Code, has forced the company to revisit its 2026 artificial‑intelligence budget after spending more than planned in just a few months. Praveen Neppalli Naga told insiders that engineering......

Morocco joins Artemis Accords to expand role in space cooperation

Morocco has officially joined the Artemis Accords, becoming the 64th country to endorse the international framework governing responsible space exploration. The announcement was made in Rabat during a joint appearance by Foreign Minister Nasser Bourita and US Deputy Secretary of State Christopher Landau. The agreement places Morocco within......

Morocco and United States deepen ties after Rabat diplomatic meeting

Morocco’s head of government Aziz Akhannouch met US Deputy Secretary of State Christopher Landau in Rabat on Thursday, as both countries moved to strengthen their long-standing strategic partnership. The meeting took place in the presence of US Ambassador to Morocco Duke Buchan and focused on expanding cooperation across political and......

Oil crisis accelerates global shift toward renewable energy transition

A surge in oil prices triggered by the conflict involving Iran is driving an unprecedented acceleration in the global transition to renewable energy, according to the United Nations’ top climate official. The sharp rise in fossil fuel costs is reshaping energy strategies worldwide, as governments and industries respond to mounting economic......

Japanese yen crosses 160 level after sharp intervention warning

The Japanese yen weakened past the 160 per dollar mark on Wednesday, touching 160.73, its lowest level since July 2024, before reversing sharply after an unusually forceful verbal intervention from Tokyo officials. The move highlighted growing tension between currency traders and Japanese authorities as speculation against the yen intensified......

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