Chinese Firms Exit Romania Solar Tender After EU Probe
Two Chinese-owned solar panel manufacturers have withdrawn from a public procurement tender in Romania after the EU launched an anti-subsidy probe, Brussels said Monday.
Putin's Defence Shake-up: 'Preparing For A Long Confrontation'
President Vladimir Putin's nomination of top economic official Andrei Belousov as defence minister is a sign of the importance the Russian leader places on the war economy in gaining the upper hand in what he expects will be a long conflict against Ukraine, analysts say.
Schumer Urges FTC To Halt Chevron-Hess $53B Merger Over Fear Of Gas Price Hike
Senate Majority Leader Chuck Schumer has urged the Federal Trade Commission (FTC) to intervene in Chevron Corp's proposed $53 billion acquisition of Hess Corp, citing concerns over potential gas price increases.
Booking.com To Face Tough New EU Tech Rules
Brussels also said it would investigate whether social media platform X, owned by tech billionaire Elon Musk, can be exempted from the rules.
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China Says To Sell Initial Batch Of Long-dated Bonds This Week
The central government will begin issuing some 30-year bonds on Friday as part of a planned sale of more than $138 billion of debt, according to a notice posted to the ministry's website.
Maryland Apple Store Workers Vote To Authorize Strike
Employees at an Apple store in Maryland, represented by the International Association of Machinists and Aerospace Workers (IAM), have voted to authorize a strike over concerns regarding work-life balance and falling wages.
US Sanctions Test China's 'No Limits' Friendship With Russia
Chinese banks are tightening scrutiny over trade with Russia for fear of incurring strict new US sanctions over the Ukraine war, testing the "no limits" friendship between the two countries.
Sweden's Small Game Studios Punching Above Their Weight
"Minecraft", "Valheim", and "Raft", just to name a few: Small or even one-man teams from Sweden have produced more video game hits than one would expect from a small country.
Asian Markets Mixed As Traders Pause Ahead Of US Inflation Data
Equities fluctuated Monday as traders took a breather after the past weeks' healthy run as they absorbed weak Chinese data and reports that the United States planned to ramp up tariffs on clean energy products from the Asian country.
Archegos Founder To Go On Trial For Fraud, Market Manipulation
The family-owned hedge fund run by Hwang had taken huge bets on a few stocks with money borrowed from banks, and when several of those bets turned sour, the fund was unable to meet "margin calls" to cover the losses.
Mercedes Workers In Alabama To Vote Whether To Join US Union
Some 5,200 workers at the Mercedes auto manufacturing plant and battery complex near Tuscaloosa, Alabama will decide whether to join the United Auto Workers in a federally-administered election that runs from Monday through Friday.
Microsoft, Amazon To Invest Billions In French Tech
The announcements came on the eve of the seventh Choose France Summit, the aim of which is to attract foreign investors to the country. Macron will host it at the Chateau of Versailles near Paris.
Greek PM To Visit Turkey In Quest For Better Relations
Greece's Prime Minister Kyriakos Mitsotakis will be received Monday in Ankara by Turkish President Recep Tayyip Erdogan, in the latest sign of warming relations between the NATO neighbours.
Boeing's Problems Rattle US Aviation Regulator As Well
The US Federal Aviation Administration, sharply criticized after the crashes of two Boeing planes in 2018 and 2019, is again being dragged into a maelstrom surrounding the major American aerospace manufacturer.
New York Gears Up For Major Spring Auctions After Soft 2023
New York's major auction houses were preparing for the start of their all-important Spring sales on Monday even as Christie's came under a cyberattack that affected its website.
'They Drowned Together': Lives Swept Away By Afghanistan Floods
Jawed's whole life was ripped away when flash floods tore through Afghanistan's Baghlan province, drowning every member of his family except a young son who clung to a tree above the churning mud.
Eurovision In Gaza's Shadow As Israel Competes In Final
The Eurovision Song Contest final gets underway in Sweden's Malmo on Saturday with thousands of protesters expected to culminate a week of tensions surrounding Israel's participation during the Gaza war.
US Slams Israel's Use Of American Weapons In Gaza
The United States issued Friday a stunning criticism of Israel's use of American weapons in the Gaza war, after Israeli forces intensified operations around the southern city of Rafah, where more than a million displaced people are sheltering.
For Some Residents Of Mexico's Cancun, Beach Seems World Away
The sun-kissed beaches and turquoise waters of Mexico's Caribbean resort of Cancun attract millions of visitors, but schoolteacher Yazmin Teran is lucky if she enjoys them a few times a year.
Musk Says Tesla Charger Network Will Grow, Days After Layoffs
Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over $500 million this year to install new superchargers, just days after a report of massive layoffs in this branch of the company.
Pandemic Talks Extended As Deadline Passes
Countries trying to strike a landmark global agreement on handling future pandemics decided to keep negotiating for another fortnight after their deadline passed on Friday.
Mbappe Confirms He Will Leave PSG At End Of Season
Kylian Mbappe confirmed on Friday that he will leave French champions Paris Saint-Germain at the end of the season, with Real Madrid widely expected to be his next destination.
Solar Storm Could Bring Auroras, Power And Telecoms Disruptions
A huge solar storm is heading for Earth, supercharging auroras and bringing possible disruptions to satellites and power grids as early as Friday evening, US officials say.
S.Africa's Top Court Hears Critical Zuma Election Case
South Africa's top court was hearing an appeal on Friday to have former president Jacob Zuma declared ineligible to stand for office in a politically charged legal showdown set to raise tensions before the tightest election in decades.
French, US Drug Firms Team Up For Covid-flu Shot
French pharmaceutical giant Sanofi and struggling US rival Novavax announced Friday an alliance to sell a Covid vaccine and develop another that combines with a flu shot.
India's Top Court Releases Jailed Modi Opponent On Bail
India's top court on Friday ordered a jailed opponent of Prime Minister Narendra Modi to be released on bail, allowing him to campaign in an ongoing national election.
Honda Posts Record Profit, Issues Cautious Forecasts
Honda has made big outlays as it aggressively pursues a target set three years ago of achieving 100 percent electric vehicle sales by 2040.
Chip Giant TSMC's April Revenue Jumps 60% On-year
Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors used in AI hardware.
UK Economy Exits Recession Ahead Of Election
Gross domestic product expanded 0.6 percent in the first three months of this year, the Office for National Statistics (ONS) said, noting strong growth in service industries and car manufacturing.
In Benin, Tensions Soar Over Cost Of Living
In the heart of Cotonou's large Dantokpa market, Diane Makpenon's family corn shop is less busy than usual these days.
UK Foreign Minister David Cameron: Life After Brexit
His legacy forever defined by Brexit, Britain's former prime minister David Cameron is hurriedly restoring his reputation -- and that of UK diplomacy -- as a globe-trotting foreign secretary.
Porsche Recalls Thousands Of Taycans Over Faulty Batteries
German sports carmaker Porsche on Thursday confirmed it had recalled several thousand of its electric Taycan model because of risks their batteries could catch fire.
Asian Markets Mostly Rise As US Data Boosts Rate Hopes
Growing hopes that the Federal Reserve and other central banks are close to cutting interest rates helped push Asian stocks higher Friday.
Thwarted By US, Palestinians Look To UN General Assembly
After a US veto foiled the Palestinians' drive for full UN membership, the General Assembly is expected on Friday to grant them some additional rights in the global body -- a symbolic win that has already irked Israel.
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