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Yi Peng 3, reported Tom’s Hardware. According to Tom’s Hardware, the ship which was actually traveling from Russia to Egypt and was loaded with fertilizer allegedly dropped its anchor in Swedish waters while severing the BCS East-West Interlink cable and then damaging the C-Lion1 cable between Finland and Germany the following day. The investigators noted that the ship dragged its anchor for over 100 miles while raising suspicions about the captain's awareness of the incident specifically since the ship's transponder was turned off during this time.

World Trade Organization (WTO) Ngozi Okonjo-Iweala Friday said that in the short to medium term, she would like to work to deliver on the Investment Facilitation for Development (IFD) and that some of the trust which was built at the 12th ministerial conference (MC12), was lost in MC13. WTO members Friday appointed incumbent Okonjo-Iweala as DG the organization for a second term. Her second four-year term will begin on September 1, 2025. Okonjo-Iweala took office as DG in March 2021 and is the first African and the first woman to serve as the head of the global trade watchdog. On IFD, she said in a statement: “We have to find a way forward to handle the concerns of the few members who continue to voice reservations on this matter.”

Six years after Donald Trump started the first trade war with China, the US president-elect has named a series of China hawks to his administration and threatened 60% tariffs on Chinese goods, a level that would decimate trade between the two countries. The dilemma for China now is that its sizable trade surplus with the US means any direct countermeasures may have limited impact. China has already shown a willingness to use some asymmetrical steps against tariffs and trade restrictions from both the Trump and Biden administrations. Should the new threats become policy, Beijing may have to reach further into its arsenal, risking a conflict that could be even harder to contain.

Canada failed to cultivate new trade corridors that could have helped to mitigate the potential impact of Donald Trump’s tariff threats ahead of his return to the White House, experts tell Global News.

OnePlus 13 vs OnePlus 12: The OnePlus 13 has already been launched in China and now the smartphone is expected to make its debut in India in January 2025. Over the past few weeks, several leaks surrounding the device have been making rounds on the internet, giving us a glimpse of what OnePlus may launch in India. However, for people looking for an upgrade, it is worth analyzing what upgrades and changes are coming to the OnePlus 13 in comparison to the OnePlus 12.

₹59,999 for the 12GB RAM/256GB storage variant while the 16GB RAM/512GB storage variant is priced at ₹65,999. However, as part of the launch offers, Realme is offering a ₹3,000, taking the effective price of the device to ₹56,999 and ₹62,999 respectively.

Paraguay’s foreign minister says his country is committed to its relationship with Taiwan and has no plans to break off their diplomatic relationship in favor of China as he visited the increasingly isolated island

Asian shares are mixed after U.S. markets were closed for the Thanksgiving holiday

HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy, sources with knowledge of the matter said. The Asia-focused bank has stopped issuing new cards and is working towards winding down the service offered to a large part of China onshore customers, three sources with direct knowledge of the matter said. Two of the them said the planned closure comes after failed attempts to sell the business.

Zhang, 71, has found joy and new friends at the «elderly university» in Beijing. Besides African drums, the former primary school teacher joins social dance classes, paying about 2,000 yuan ($280) for two courses this semester. Seeing herself standing tall in dance class boosts her confidence. After class, she hangs out with her friends. «When we get old, what do we need?» she said. «To love ourselves.»

Subscribe to enjoy similar stories. In the early 20th century, as air power advocates worked to understand the emerging role of aircraft in conflict, Brigadier Gen. William Mitchell conducted a series of tests.

BEIJING — China will start limiting exports of critical metal tungsten this weekend, just as alternatives to Chinese suppliers of the metal are reopening.

Dr Reddy's Laboratories on Wednesday announced the launch of toripalimab, an immune oncology drug to treat adults with a rare and aggressive form of head and neck cancer that originates in the nasopharynx, the upper part of the throat. Toripalimab, a new biological entity (NBE), is approved by various regulatory authorities around the world including the US Food and Drug Administration, European Medicines Agency and Medicines and Healthcare products Regulatory Agency for the treatment of adults with recurrent or metastatic nasopharyngeal carcinoma (RM-NPC). Last year, Dr Reddy's entered into a licence and commercialisation agreement with Shanghai Junshi Biosciences Co. for toripalimab. Under this agreement, it obtained exclusive rights to develop and commercialise the drug in 21 countries including India, South Africa, Brazil and various countries in South America. The agreement also allows Dr Reddy's to expand the scope of the licence to cover Australia, New Zealand and nine other countries.

However, the relationship between the tech industry and Trump 2.0 will be shaped by three factors: 1) deregulation 2) antitrust policy 3) possible confrontation with China. This dynamic could fundamentally reshape the tech sector domestically in the US and globally. The cornerstone of Trump's tech policy is likely to be aggressive deregulation. In contrast to the Biden administration's oversight approach, particularly regarding AI and data privacy, Trump has consistently advocated for reducing regulatory barriers. This deregulatory stance could give tech companies greater freedom to innovate and expand their operations with less government oversight, an arena where Musk has skin in the game.

Subscribe to enjoy similar stories. China’s massive stimulus hasn’t revived its economy but its stock markets have been kicked higher. Investors now have to navigate economic uncertainty and the challenges of U.S.

Subscribe to enjoy similar stories. Real wages are growing again as the rise in inflation abates, but remain below their prepandemic levels in many parts of the rich world even as they surge in China and Russia, according to a report released Thursday by the United Nations. In its annual survey of wage developments, the U.N.’s International Labour Organization said wage inequality within countries has fallen since the start of this century, with the decline being most pronounced in poorer countries.

Subscribe to enjoy similar stories. Wall Street isn’t thrilled about the return of Donald Trump’s tariff threats. But traders are hardly panicking either.

IDEAS 2024) to export defence products and equipment including advanced drones, fighter jets, commercial and logistic ships, electronic warfare equipment, and radars, Ministry of Defence Production Secretary Lt Gen (Retd) Chiragh Haider told PTI. Haider said the 12th edition of IDEAS held last week amidst tight security in Karachi was a big success and ended with a lot of potential export agreements.

Tech Mahindra (TechM), India’s fifth-largest IT services company, has established a development centre at its office in Bengaluru, in partnership with electronic design and computer storage device manufacturing firm Universal Scientific Industrial (Shanghai), USI. It is USI’s first engineering offshore development center (ODC) in India. Located at Tech Mahindra’s Bengaluru office, the development center will accelerate innovation in smart device engineering, Tech Mahindra said in a statement. The center marks a milestone for USI as it expands its engineering capabilities to India, for enhancing device software development, hardware design, and testing.

Subscribe to enjoy similar stories. When the Biden administration said in March that it supported legislation that could ban TikTok, Tony Sayegh jumped into action. Sayegh, the head of public affairs at one of TikTok’s biggest investors, had become an unofficial adviser to the Chinese-owned social-media giant as it navigates survival in the geopolitical crosshairs of the world’s two superpowers.

Miao joins a host of high-ranking figures, including two former defence ministers, to fall foul of a sweeping crackdown in the country's military in just over a year. Analysts say corruption may have eroded Chinese combat readiness — raising fears in Beijing as it conducts its largest military build-up in decades.