South Korea’s exports dropped in May for the first time in four months as trade tensions and new tariffs affected sales to the United States and China. The country, known as a key player in global trade, saw its overseas shipments fall by 1.3% compared to the same time last year, reaching $57.27 billion. This …
As we move closer to the later half of 2025, it's pretty clear that artificial intelligence isn't slowing down. We're on the edge of seeing some big changes, and it's not just about fancy new tech. These AI innovations to expect in later half of 2025 are going to shake things up in a lot …
Former US President Donald Trump has revealed plans to significantly increase tariffs on imported steel and aluminum, raising them from 25% to 50%. He made this announcement during a rally at a steel plant in West Mifflin, Pennsylvania, emphasizing that this move would strengthen the American steel industry and protect jobs for workers. Speaking to …
Rome’s famous Cinecittà film studios, once known as "Hollywood on the Tiber," are working hard to become a global movie-making hub again. However, new threats from the US, including possible tariffs on foreign films, could make things difficult. The studio has big plans to grow, but these new rules might slow them down. Cinecittà, Europe’s …
On Friday morning, stock futures in the United States dropped slightly after a big legal decision brought back most of the tariffs introduced by former President Donald Trump. A federal appeals court reversed an earlier ruling that had blocked many of these tariffs. This change has made investors a little nervous, even though it’s the …
Former U.S. President Donald Trump visited a U.S. Steel plant in Pittsburgh, Pennsylvania, to celebrate the planned partnership between U.S. Steel and Japan’s Nippon Steel. The rally, held on Friday, May 30, 2025, signaled that the long-delayed deal might finally move forward after months of uncertainty. Trump’s appearance in the key political state, which he …
A recent decision by a U.S. trade court has caused a major shift in trade policies, dealing a setback to former President Donald Trump’s use of tariffs as a tool in international negotiations. The court ruled that Trump had exceeded his authority by imposing broad tariffs under a law meant for national emergencies. This decision …
Zoox, the self-driving car company owned by Amazon, has announced another software recall this month. This is the second time in May that the company has had to update its software after one of its driverless vehicles was involved in a crash. The latest incident happened in San Francisco when a Zoox robotaxi hit an …
The popular online fashion store Shein has announced plans to conduct more safety tests on its products after the European Union raised concerns about dangerous items being sold on its platform. The EU warned that Shein could face fines if it does not fix the problem. The company has promised to carry out 2.5 million …
Victoria’s Secret, a well-known clothing and lingerie brand, recently faced a security issue that forced the company to temporarily shut down its website and some in-store services. The company confirmed the problem in a statement, saying they were working to fix it. A spokesperson explained that they noticed the security incident and quickly took action …
Nissan, the Japanese car company, is planning to raise over $7 billion to help its business grow and stay strong. According to reports, the company is looking at different ways to get this money, including loans, selling parts of its business, and getting help from the British government. One of the biggest parts of this …
The Trump administration is planning to review federal funding given to Harvard University, which could lead to a loss of around $100 million for the prestigious school. This move is part of an ongoing disagreement between the White House and Harvard, one of America’s oldest and most famous universities. A senior White House official said …
Texas is close to passing a new law that will make big tech companies check the age of people using their app stores. If the governor signs the bill, Apple and Google will have to make sure that anyone under 18 gets permission from their parents before downloading apps or buying things inside those apps. …
Adidas has announced that it experienced a cyber attack where hackers stole some customer data. The company shared this news in a statement on its website, explaining that the stolen information mostly includes contact details of people who had interacted with its customer service team. However, the good news is that sensitive details like passwords, …
