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'Terrifying': Canadian auto workers dismayed at looming US tariffs
'Terrifying': Canadian auto workers dismayed at looming US tariffs
by  AFP

Residents of the Canadian border city of Windsor had held out hope US President Donald Trump's threats of tariffs on imports from Canada would prove hollow, but that faith was dashed Monday, sparking fear for their futures. Trump's decision is "not even logical, it makes absolutely no sense," said John D'Agnolo, president of a union in Windsor representing 2,000 workers at Ford.

Bitcoin value dives as uncertainty grips market
Bitcoin value dives as uncertainty grips market
by  AFP

Bitcoin's price plunged nearly 10 percent on Monday as an escalating trade war and uncertainty over creation of a US crypto reserve fund sent investors running from risk. Cryptocurrency prices had climbed early Monday, buoyed by Trump the previous day naming five that could be used in a national strategic reserve fund.

What are China's annual 'Two Sessions' meetings?
What are China's annual 'Two Sessions' meetings?
by  AFP

Thousands of delegates from across China gather in Beijing from Tuesday as the country kicks off its annual legislative sessions, one of the most important political events of the year. - The first session, beginning Tuesday, is a gathering of China's political advisory committee, the Chinese People's Political Consultative Conference (CPPCC).

Trade and growth on agenda for key China meeting
Trade and growth on agenda for key China meeting
by  AFP

China's largest political event of the year begins in Beijing on Tuesday, as US tariffs cast a cloud over closed-door meetings involving thousands of delegates from across the country. It is also facing more US tariffs, which could hit hundreds of billions of dollars in trade between the two countries.

AI firm Anthropic valued at $61.5 bn in funding round
AI firm Anthropic valued at $61.5 bn in funding round
by  AFP

Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup at $61.5 billion. Amazon has invested a total of $8 billion in Anthropic, while Google-parent Alphabet has invested $2 billion in the startup. gc/dw

TSMC announces $100 bn investment in new US chip plants
TSMC announces $100 bn investment in new US chip plants
by  AFP

President Donald Trump said Monday that the chip-making giant TSMC will invest "at least" $100 billion in the United States to build "cutting edge" chip manufacturing facilities, in the latest blockbuster financial pledge by a private company since his return to office in January.

Dozen Teslas torched outside French dealership: authorities
Dozen Teslas torched outside French dealership: authorities
by  AFP

A dozen Teslas were torched in France in what authorities are treating as an arson attack, the prosecutor's office said Monday. The prosecutor's office told AFP an investigation has been opened into Sunday night's attack on a dealership near the southern city of Toulouse which left eight cars burned out.

Economic woes cast shadow over Iran holiday season
Economic woes cast shadow over Iran holiday season
by  AFP

Shops and markets in central Tehran, usually teeming with customers ahead of the Persian New Year, now barely see any buyers, a sombre reflection of the dire state of the Iranian economy.