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US National Security Advisor Jake Sullivan said Washinton was concerned about China providing inputs to Russia's defence industrial base, adding that the Biden administration has taken action to deal with that in a «concerted way» with its allies and partners. He made the remarks while responding to a query about the UK Defence Minister's statement that the US and the UK have evidence that China could be providing lethal aid to Russia. In response to the question at the press briefing, Sullivan said, «Well, going back to 2022, I've actually stood at this podium and warned about my concern that China might provide weapons — direct lethal assistance to Russia. We didn't see that in 2022. We didn't see that in 2023. We have not seen that to date. I look forward to speaking with the UK to make sure that we have a common operating picture. We have had one; we've been on the same page.

Also Read: Viral video: BSF Jawan roasts papad in sand amid severe heatwave; netizens reactBachendri Pal became the first female Indian mountaineer to climb Mount Everest successfully on May 23, 1984. She was born on 24 May 1954.

Heineken last month introduced what it calls the Boring Phone, an early-00s style flip-to-answer- device featuring a keypad, flashlight, FM radio, low-resolution camera and not much else. With an ability to make calls and send texts, but under no circumstances access social media, the phone is designed to be a portal back to the days when people would socialize in person without continually maintaining parallel lives on the internet.

China's military started two days of «punishment» drills around Taiwan on Thursday in what it said was a response to "separatist acts", just days after new Taiwan President Lai Ching-te took office and called on Beijing to cease its threats. China detests Lai, saying he is a «separatist», and it has denounced his inauguration speech on Monday. Chinese Foreign Minister Wang Yi this week called Lai «disgraceful». Lai has repeatedly offered talks with China but been rebuffed. He says only Taiwan's people can decide their future, and rejects Beijing's sovereignty claims.

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India is the only country, among the top five steel producing nations, to have seen a growth in production in April, with the others seeing production drop by as much as 7% during the month. China, which is the world's largest producer of steel, has seen its production in April fall more than 7% on year to 85.9 million tonne. Its production from January-April this year, at 343.7 million tonne, is 3% lower as compared to 2023, data from the World Steel Association showed. India, which is the world's second-largest producer of steel, saw production rise by 3.6% to 12.1 million tonne. The country has seen an 8.5% growth in production between Jan-Apr this year, having produced 49.5 million tonne of steel.

FOX Business' Jeff Flock reports on the 33% rise in auto repair costs across the past four years.

Tesla Inc got off to a sluggish start to the second quarter in Europe, where Chief Executive Officer Elon Musk was expecting a much better showing than the first few months of the year. The carmaker registered just 13,951 vehicles in April, the European Automobile Manufacturers' Association said Wednesday, down 2.3% from a year ago and its worst tally since January 2023. Tesla's result was an exception in an otherwise encouraging month for battery-electric vehicle sales, which rose 14% industrywide.

Check out the companies making headlines in midday trading:

China has sanctioned 12 defense-related U.S. companies and 10 executives over arms sales to Taiwan and to retaliate for earlier American sanctions on Chinese companies tied to Russia

Top news of the day: On 22 May, a series of events are set to take place right from politics to business. A bomb threat was received by the Union Home Ministry’s office at Delhi’s North Block. China's top internet authority has introduced a language model rooted in President Xi Jinping's political philosophy.

Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025, two industry sources said on Wednesday. Last week, Russian Direct Investment Fund (RDIF) struck an agreement with Chinese petrochemical company Haiwei to finance the marine terminal in Russia's Far East to ship LPG. It did not provide the timings for the project completion.

filed the lawsuit to prevent Telsa Power from using the "Tesla" trademark. It argued that Tesla Power's use of the trademark in India was causing confusion among consumers and potentially harming its business interests. It claimed Tesla Power not only had a similar trademark but also advertised itself as an EV company in newspapers.

In one sense, US President Joe Biden’s punitive new tariffs on Chinese electric vehicles (EVs) are indeed necessary, just as he argues. What makes them so are the enormous sums that the administration is devoting to expanding US capacity to produce its own EVs. An almost-invariable characteristic of industrial policy is to start with one dumb idea, after which many more then follow—by necessity.

Silver price may hit ₹1,00,000 on MCX by June, say analysts; 5 key triggers driving rally The mid- and small-cap segments underperformed the benchmarks. The Nifty Midcap 100 index rose 0.19 per cent, but the Nifty Smallcap 100 index declined 0.35 per cent. Weak global cues also capped the gains.

Civi series, first introduced in 2021, is Xiaomi's mid-range smartphone line in China. To date, Xiaomi has not launched any Civi phones in India, traditionally offering its mid-range smartphones through the Redmi line. However, the introduction of the Civi series to the Indian market could provide consumers with an additional option in this segment.

Hong Kong’s privacy watchdog on Wednesday instructed OpenAI founder Sam Altman’s Worldcoin project to halt all activities in the region. This includes scanning and collecting iris and facial images from the public using iris-scanning devices.

The U.S. prosecutors are pushing for a prison sentence of five to seven years for the former FTX executive Ryan Salame.

Maldives on Wednesday said both India and China have agreed to cooperate in efforts to pay for imports in their respective countries' currency instead of the US dollar, which is likely to help Male save almost 50 per cent of the annual USD 1.5 million imports bill from the two countries. Maldives' Economic Development Minister Mohamed Saeed said he met with the Indian High Commissioner Munu Mahawar two weeks ago, who in turn, said that New Delhi would support and cooperate in arranging for the settlement of import payments in Indian Rupee. Similarly, Saeed said, he received a letter from China's Commerce Ministry, two days ago, in which Beijing provided assurance it will cooperate in allowing the option to settle import payments in Yuan, the Chinese currency, as requested by President Mohamed Muizzu. Annually, Maldives imports goods worth USD 780 million and USD 720 million from India and China respectively, the minister had said in April when he had first announced that the Maldives was discussing with India and China if the island nation can make payments for its imports from the country in Maldivian Rufiyaa.

heatwave conditions in several parts of eastern and southern India. People eagerly await monsoon 2024 for respite from the hot and humid weather. The India Meteorological Department on Wednesday predicted that a southwest monsoon will likely hit Kerala on May 31, with a model error of four days on either side.

Quad, Aukus, the US-Philippines-Japan trilateral and the US-Japan-South Korea trilateral. The Philippines, Japan and Australia are not treaty allies; however, each of these countries shares a bilateral treaty alliance with the US. Thus, the idea behind the Squad centres on the desire of all four democracies to deepen their level of integration beyond the hub-and-spokes format at a time when China has been militarizing the South China Sea at the expense of the rules-based order of the Indo-Pacific.