Russia and India stressed their commitment to a "strategic partnership" in bilateral security talks in Moscow on Thursday, a day after U.S. President Donald Trump announced higher tariffs on imports from India because of its purchases of Russian oil.

In tech: Trump and Tim Cook, Apple’s chief executive, announced that the company was pledging $100 billion in additional U.S. investment, its latest move to avoid iPhone tariffs. Trump also threatened to impose levies of 100 percent on all foreign-made chips next week unless manufacturers agreed to invest and build in the U.S.