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Asia Pacific

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Beijing hits back at EU with medical device import curbs
Beijing hits back at EU with medical device import curbs

HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...

Global civilizations dialogue builds bridges through cultural exchange
Global civilizations dialogue builds bridges through cultural exchange

BEIJING, July 12 (Xinhua) -- Over 600 participants from around the world joined the Global Civilizations Dialogue Ministerial Meeting...

China's textile giant drives green innovation as Xinjiang evolves
China's textile giant drives green innovation as Xinjiang evolves

URUMQI, July 12 (Xinhua) -- In Shihezi, a major cotton producing area in northwest China's Xinjiang Uygur Autonomous Region, Esquel...

Auto OEMs to witness pressure in Q1 FY26E amid input cost surge and operational headwinds: Report
Auto OEMs to witness pressure in Q1 FY26E amid input cost surge and operational headwinds: Report

New Delhi [India], July 12 (ANI): India's auto original equipment manufacturers (OEMs) are likely to witness margin pressures in Q1FY26E,...

CHINA-TIANJIN-AIRBUS-40 YEARS-PARTNERSHIP (CN)
CHINA-TIANJIN-AIRBUS-40 YEARS-PARTNERSHIP (CN)

(250712) -- TIANJIN, July 12, 2025 (Xinhua) -- Airbus conducts a sustainable aviation fuel (SAF) delivery flight in Tianjin, north...

Interview: Philippines burdened by South China Sea arbitration, says expert
Interview: Philippines burdened by South China Sea arbitration, says expert

The arbitration has in fact become an anchor around the Filipino people's neck, weighing the nation down economically, said Herman...

Business

Section
AI saves $500 million for Microsoft as layoffs reshape strategy
AI saves $500 million for Microsoft as layoffs reshape strategy

REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...

FTC’s rule to ease subscription cancellations struck down by court
FTC’s rule to ease subscription cancellations struck down by court

WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...

Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes
Musk’s X loses CEO Linda Yaccarino amid AI backlash, ad woes

BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...

Ex-UK PM Sunak takes advisory role at Goldman Sachs
Ex-UK PM Sunak takes advisory role at Goldman Sachs

NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...

Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets
Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...

PwC: Copper shortages may disrupt 32 percent of chip output by 2035
PwC: Copper shortages may disrupt 32 percent of chip output by 2035

AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...