World
Russia is on a ‘sustained mission’ to create mayhem on Europe’s streets, UK spy chief says
MI5 Director General Ken McCallum. Danny Lawson – Pa Images | Pa Images | Getty Images The head of Britain’s domestic spy agency on Tuesday accused Russian military intelligence of being on a “sustained mission” to cause mayhem in Britain and Europe. In a rare public speech from MI5’s counter-terrorism operations center in London, MI5 […]
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Uber gives users option to only hail full-electric vehicles, launches AI chatbot for the EV-curious
Uber is driving on the road in Krakow, Poland, on July 4, 2024. Nurphoto | Nurphoto | Getty Images Uber CEO Dara Khosrowshahi on Tuesday announced that the company is updating its platform with new sustainability-minded features, including an “EV preference” that will let customers opt for fully electric vehicles by default, whenever they hail […]
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China’s growth is set to slow next year despite temporary boost from stimulus, World Bank warns
A construction site in the Fangshan district of Beijing in 2013. Tomohiro Ohsumi | Bloomberg | Getty Images China’s economic growth rate is expected to decline further in 2025 despite a temporary boost from recent stimulus measures, according to the World Bank. The international lender estimated that China’s growth rate would drop to 4.3% next […]
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Saudi Arabia’s PIF cuts stake in Nintendo after report said it was considering increase
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Charly Triballeau | AFP | Getty Images Saudi Arabia’s Public Investment Fund (PIF) trimmed its holding in Nintendo Co., a day after reports that a senior executive at the kingdom’s mammoth sovereign wealth […]
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China to impose anti-dumping measures on EU brandy
HAIKOU, CHINA – DECEMBER 17: People purchase brandies during the 26th China (Hainan) International Winter Trade Fair for Tropical Agricultural Products at Hainan International Convention And Exhibition Center on December 17, 2023 in Haikou, Hainan Province of China. Meng Zhongde | Visual China Group | Getty Images China will start to impose provisional anti-dumping measures […]
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LVMH and Kering shares slump as European markets retreat from China stimulus rally
European markets opened lower Tuesday as regional sentiment sours further after a shaky start to the week, with investors watching the conflict in the Middle East closely and its potential impact on oil markets, supply chains and the global economy. The pan-European Stoxx 600 was down 0.81% in early deals, with all sectors and major […]
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S&P’s Dan Yergin warns of ‘dangerous time’ for global economy as Middle East tensions fester
The global economy is entering a “dangerous time” like never before as Middle East tensions remain elevated, said S&P Global’s vice chairman Daniel Yergin. Since the Israel-Hamas conflict began on Oct. 7 of last year, the oil market has experienced minimal disruptions, with prices remaining under pressure as a result of increased U.S. production and […]
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Why oil and gas markets are dreading the risk of supply disruption in the Strait of Hormuz
Basij paramilitary force speed boats are sailing along the Persian Gulf near the Bushehr nuclear power plant during the IRGC marine parade commemorating the Persian Gulf National Day in the south of Iran, on April 29, 2024. Nurphoto | Nurphoto | Getty Images An escalating conflict in the Middle East has thrust the world’s most […]
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Apple could launch a ring to rival Samsung by 2026, research firm predicts
Apple CEO Tim Cook gestures during the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | Reuters Apple could launch a connected ring to rival Samsung by 2026, according to CCS Insight, adding to the U.S. tech giant’s focus on health. The call is part of […]
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China state planner lays out further actions to boost economy but no new plans for major stimulus
The Chinese national flag flies outside the Ministry of Foreign Affairs in Beijing on July 26, 2023. Greg Baker | Afp | Getty Images Zheng Shanjie, chairman of China’s National Development and Reform Commission, on Tuesday pledged a raft of actions to bolster the country’s economy during a highly-anticipated press conference. But he stopped short […]
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