Chinese commercial banks lowered interest rates on Tuesday as Beijing seeks ways to boost economic growth, which has been disappointingly slow as the country recovers from pandemic-era lockdowns and supply…
more ...Aid Group: World Failing Afghanistan During Major Locust Outbreak
A global aid agency warned Monday that a large-scale plague of locusts is ravaging northern Afghanistan and could destroy 1.2 million metric tons of wheat, almost one-quarter of the country’s…
more ...Submarine Exploring Titanic Wreck Missing, Search Underway
A submarine on a tourism expedition to explore the wreckage of the Titanic has gone missing off the coast of southeastern Canada, according to the private company that operates the…
more ...Paris Air Show Back With Climate, Defense in Focus
Military and civilian aircraft streaked across the sky as the Paris Air Show returned Monday after a four-year COVID-induced hiatus, with a big crowd including Ukrainian military officials and the…
more ...Amazon, Marriott, Other Companies Vow to Hire Thousands of Refugees in Europe
Multinational companies — including Amazon, Marriott and Hilton — pledged Monday to hire more than 13,000 refugees, including Ukrainian women who have fled the war with Russia, over the next…
more ...Netherlands Soon to Announce Controls on IT Exports to China
The Dutch government is soon to join the United States and Japan in rolling out new semiconductor export control measures aimed at keeping sensitive technology away from China due to…
more ...Consumption Soft Even Amid Deep Discounts During Major China Shopping Festival, Analysts Say
Chinese consumers snapped up billions of dollars’ worth of items in China’s first major online shopping festival after emerging from the pandemic as merchants slashed prices, but analysts say that…
more ...Microsoft Says Early June Disruptions to Outlook, Cloud Platform, Were Cyberattacks
In early June, sporadic but serious service disruptions plagued Microsoft’s flagship office suite — including the Outlook email and OneDrive file-sharing apps — and cloud computing platform. A shadowy hacktivist…
more ...Binance, SEC Strike Deal to Keep US Customer Assets in Country
Binance, the world’s biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer assets remain in the United…
more ...Amid Cash Crunch, Pakistan Grappling With Options to Avert Default
Pakistan is in a debt crisis. It must pay billions in debt servicing, but the state’s coffers are almost empty. As hopes for reviving a bailout deal with the International…
more ...Is Pakistan Days Away From Default?
Pakistan is facing a debt crisis. It must pay billions in debt servicing, but the state’s coffers are almost empty. At the same time, hopes of reviving a stalled 2019…
more ...Australia Activates First Renewable Power Station on Decommissioned Coal Plant Site
The first large-scale battery to be built at an Australian coal site has been switched on in Victoria’s Latrobe Valley, east of Melbourne. The 150-megawatt battery is at the site…
more ...US Energy Dept., Other Agencies Hacked
U.S. security officials say the U.S. Energy Department and several other federal agencies have been hacked by a Russian cyber-extortion gang. Homeland Security officials said Thursday the agencies were caught…
more ...Beyoncé Likely a Factor in Sweden’s Unexpectedly High Inflation
Can you pay my bills? That seems to be what Sweden is asking Beyoncé after the star came to town. When the singer launched her global tour last month in…
more ...Economic Fallout of Sudan Conflict Hits Neighbors
The international credit rating agency Moody’s and the International Monetary Fund say the Sudan conflict will harm its neighbors’ economies if it continues. In the markets of N’djamena, Chad’s capital,…
more ...Experts Divided as YouTube Reverses Policy on Election Misinformation
An announcement by YouTube that it will no longer remove content containing misinformation on the U.S. 2020 presidential election has some experts divided. In a June blog post, YouTube said…
more ...Security Firm: Suspected Chinese Hackers Breached Hundreds of Networks Globally
Suspected state-backed Chinese hackers used a security hole in a popular email security appliance to break into the networks of hundreds of public and private sector organizations globally, nearly a…
more ...Chinese EV Makers Make Progress in Bid to Dominate British Market
Chinese manufacturers of electric vehicles are stepping up their push to dominate the European market. As Amy Guttman reports from London, they are making progress in Britain, where car shoppers…
more ...Bill Gates Visits China for Health, Development Talks
Microsoft Founder Bill Gates was in China on Thursday for what he said were meetings with global health and development partners who have worked with his charitable foundation. “Solving problems…
more ...Cambodian Facial Recognition Effort Raises Fears of Misuse
Experts are raising concerns that a recent Cambodian government order allocating around $1 million to a local company for a facial recognition technology project could pave the way for the…
more ...Modi and Biden Poised to Strengthen Tech Trade, Counter China
Indian Prime Minister Narendra Modi makes his first state visit to Washington in nine years on June 21. The trip comes as the United States and India increase cooperation in…
more ...Fed Keeps Rates Unchanged, but Signals 2 More Potential Hikes This Year
The Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signaled it…
more ...As Deepfake Fraud Permeates China, Authorities Target Political Challenges Posed By AI
Chinese authorities are cracking down on political and fraud cases driven by deepfakes, created with face- and voice-changing software that tricks targets into believing they are video chatting with a…
more ...Bill Gates in China to Meet President Xi on Friday – Sources
Bill Gates, Microsoft Corp’s co-founder, is set to meet Chinese President Xi Jinping on Friday during his visit to China, two people with knowledge of the matter said. The meeting…
more ...EU Lawmakers Vote for Tougher AI Rules as Draft Moves to Final Stage
EU lawmakers on Wednesday voted for tougher landmark draft artificial intelligence rules that include a ban on the use of the technology in biometric surveillance and for generative AI systems…
more ...EU Regulators Order Google To Break up Digital Ad Business Over Competition Concerns
European Union antitrust regulators took aim at Google’s lucrative digital advertising business in an unprecedented decision ordering the tech giant to sell off some of its ad business to address…
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