India has signed a contract to purchase 26 Rafale fighter jets from France, New Delhi's defence ministry said Monday, with the multi-billion-dollar deal to include both single and twin-seat planes. "The governments of India and France have signed an inter-governmental agreement for the procurement of 26 Rafale Aircraft," the defence ministry said in a statement.
In a sweltering factory in Lesotho, rows of workers hunch over thrumming sewing machines churning out piles of jeans for the global market from a country that US President Donald Trump has mocked as unknown. These workers are now fretting over their future after Trump this month called Lesotho "a country nobody has ever heard of" while defending his sweeping aid cuts.
At regular intervals, vehicle transporters exited the front gates of the historic Vauxhall plant in the English town of Luton, loaded with white electric vans straight off the assembly line.
A plunge in automakers hit Asia equities Thursday after Donald Trump announced painful tariffs on all imported vehicles and parts as he presses hardball trade policies many fear will spark a recession. Key automobile parts will also be hit within the month.
"Stop Hiring Humans" read a provocative sign at an AI conference in Las Vegas, where the impact of new artificial intelligence models on the world of work had sparked some unease. We're sparking the conversation," said Fahad Alam of Artisan, a startup, at the HumanX AI event.
Chilean police fired tear gas and water cannon Wednesday as they battled with hundreds of fishermen who threw stones and burned tires to press for greater catch rights, leaving at least 15 officers and a protester hurt. Police fired tear gas and used at least three water cannon to disperse the protests, which Vasquez termed "very violent" and lasted several hours.
Emarketer on Wednesday forecast that ad revenue at X, formerly Twitter, will grow this year as brands fear retaliation by politically connected owner Elon Musk if they stay away. Emarketer forecast that Meta ad revenue will grow slightly more than 11 percent in the United States this year.
Tesla, the Elon Musk-run auto company, has had a turbulent time recently, fueled by its chief executive's close ties to Donald Trump and increased electric vehicle competition. In his view, Tesla and Musk both enjoy the unwavering loyalty of shareholders, but to reassure them, some sort of senior executive should be appointed to take care of the day-to-day running of the company from Musk.
French electrical equipment company Schneider Electric said on Wednesday it plans to invest "more than $700 million" in the United States by 2027 to boost energy security and the growth of artificial intelligence.
US President Donald Trump's tariff plans could increase inflation by as much as 1.2 percentage points if they are fully implemented, a senior Federal Reserve official said Wednesday.
Economy
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