Europe battles heatwave and fires, record temperatures scorch China
Italy put 23 cities on red alert as temperatures could reach 46 Celsius (114 Fahrenheit) on Wednesday, one of the global hotspots...
Will China ever get rich? A new era of much slower growth dawns
China is entering an era of much slower economic growth, raising a daunting prospect: it may never get rich.
Whether the world's second-largest...
Heatwaves: world reels from wildfires, floods as US and China discuss climate crisis
Global temperatures headed towards alarming highs and extreme weather proliferated as the world's two biggest polluters, China and the United States, sought...
UPS strike could be costliest in US in a century, study says
A threatened U.S. strike at United Parcel Service (UPS.N) could be "one of the costliest in at least a century," topping $7 billion...
Exclusive: BYD proposes $1bn India plan to build EVs, batteries
China's BYD Co (002594.SZ) has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a...
Exclusive: China invites global investors for rare meeting as economy sputters
China's financial regulators have invited some of the world's biggest investors to a rare symposium next week, three sources said, seeking to...
China’s Huawei poised to overcome US ban with return of 5G phones, research firms say
China's Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms,...
Elon Musk’s SpaceX faces defeat at hands of Chinese startup
Elon Musk-owned SpaceX has been defeated in the race to launch a methane-fueled rocket by a Chinese startup, LandSpace Technology Corp, Bloomberg reported.
The development...
Foxconn targets India’s chip scheme after pulling plug on $19.5bn JV
Foxconn said it intends to apply for incentives under India's semiconductor production plan, a day after the Taiwanese firm split with Vedanta...
Standard Chartered bumps up bitcoin forecast to $120,000
Top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered (STAN.L) said on Monday, predicting the...
Countries repatriating gold in wake of sanctions against Russia, study finds
An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia,...
Biden warned China’s Xi on West’s investment after Putin meeting
U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia's Vladimir Putin to "be careful" because Beijing relies...
McDonald’s drops tomatoes from India offerings, citing quality concerns as prices surge
Restaurants of fast food chain McDonald's have dropped tomatoes from their burgers and wraps in many parts of India, hit by supply...
US job growth slows in June; unemployment rate falls to 3.6%
U.S. job growth slowed more than expected in June after surging in the prior month, but labor market conditions remain tight, with...
US says it opposes export controls by China on metals, will consult allies
The United States "firmly" opposes export controls announced by China on gallium and germanium, metals needed to produce semiconductors and other electronics,...