Category: Semafor

President Donald Trump is imposing an additional 50% tariff on a host of Canadian goods, from wine to hockey sticks to cement, a senior administration official said Monday. The new tariffs come as Trump administration officials are slated to convene in Mexico on Tuesday for further talks on the US-Mexico-Canada ...

Beijing-based AI phenom Moonshot paused new subscriptions for its new Kimi ​K3 model, underscoring the constraints Chinese tech firms face in delivering their products to a global audience. The open-source model, which has capabilities near those of the top American systems, caused an influx of demand that strained the startup’s ...

New UK Prime Minister Andy Burnham named the country’s ex-defense secretary as his finance minister, a surprise move that signals a focus on military spending. John Healey quit his former post last month after accusing then-premier Keir Starmer of endangering Britain by not committing to spending 3% of GDP on ...

Anglo American picked a group led by one of its former executives as its preferred bidder for an 85% stake in De Beers. The Global Diamond Consortium, led by Gareth Penny, was selected from three shortlisted groups following a bidding process, according to Moeti Mohwasa, Botswana’s defense minister. Botswana holds ...

West African leaders approved a plan for a $25 billion pipeline to transport natural gas from Nigeria to Morocco, a major step in expanding the region’s gas exports to help meet global demand. The agreement signed by heads from the Ecowas bloc paves the way for a company to be ...

Danish pharmaceutical giant Novo Nordisk has launched South Africa’s first low-cost version of its weight-loss drug, in a bid to squeeze out counterfeit products in Africa’s most obese nation. Demand for the drug, first developed for diabetes before becoming a global weight-loss phenomenon, has exploded. Some branded versions such as ...

Magenta silks, bright yellow raffia, and delicately woven motifs graced Imane Ayissi’s runway in Paris, a true fashion feast blending African and European fabrics, styles, and cuts. Cameroon-born Ayissi, the only designer from sub-Saharan Africa to ever take part in Paris’ haute couture shows, makes a point of featuring designs ...

, by Jean-Noël Orengo. Newly translated from French, Orengo’s self-described “counter-fiction” reexamines the life of Albert Speer, Adolf Hitler’s close friend and minister of armaments and war production in Nazi Germany who reinvented himself after World War II. Tracing Speer’s rise and his postwar rehabilitation, the novel examines how he ...

Brazil said it would reciprocate after the US imposed 25% tariffs, a move that has shaken up the South American country’s economy and politics. Brasília — a rarity on the continent for running a trade deficit with Washington — also unveiled a $2.6 billion package to support the worst-hit industries. ...

The News Nuclear power is key to bolstering energy security in Africa, but its rollout on the continent requires workforce training and safety regulations, according to a leading industry expert. The Iran war has injected fresh urgency into the need for homegrown energy solutions on the continent, as fuel deliveries ...