Beijing Offers Subsidies for Companies That Buy Local AI Chips as China Cuts Reliance on Foreign Technology

Beijing city officials are providing subsidies for businesses that buy artificial intelligence (AI) chips made in China.


Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison

A South African businessman was sentenced to 12 years in prison for shooting his wife to death after he mistook her for an intruder in their home...

India Is Confident More Foreign Players Will Enter the Country's EV Market Due to New EV Policy Measures

The Department of Promotion of Industry and Internal Trade in India is confident that its new EV policy measures will attract and allow more global firms to enter the market...

US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai

US Secretary of State Antony Blinken has emphasized the importance of fair treatment for American businesses during his visit to China...


Latest News

Russia Is Directly Supplying North Korea With Oil Amid Warming Ties, Defying UN Sanctions: Report
In another sign of warming ties between the two countries, Russia has reportedly begun supplying oil directly to North Korea in defiance of sanctions imposed by the United Nations (UN).
McDonald's Closes Sri Lanka Stores After Agreement with Local Partner Ends Over Poor Hygiene Case
McDonald's attorney explained that the termination of the agreement with the franchisee was a result of standard compliance issues identified by the parent company.
BBC Is Eyeing More Commercial Deals Ahead of Potential Expiration of Its License Fee
The BBC is looking to enter into more commercial partnerships ahead of the potential expiration of its license fee.
Kamala Harris Says Biden Admin Does 'Not Intend to Ban TikTok' Despite Backing Bill That Could Get the App Banned in US
Vice President Kamala Harris has assured the public that the Biden administration has no intentions of banning the popular video-sharing app TikTok.
Russia Launches Combined Drone and Missile Strikes in Its Most Devastating Attacks Against Ukraine’s Electric Sector
In what Kyiv described as the most devastating attacks against its energy infrastructure in two years of war, Russia pounded electrical power facilities in much of Ukraine on Friday.
Former CEO Shoots Himself to Commit Suicide After Receiving $25 Million Record-Breaking Fine for Fraud at Steinhoff
After being notified of an arrest warrant against him, a former CEO of Steinhoff was found dead in what authorities suspect to be a suicide.
Joe Biden's Rule Allowing Potentially Diseased Beef From Paraguay to Enter US Repealed by Senate
The Senate on Thursday passed a bill reversing the rule of the administration of President Joe Biden allowing beef imports from Paraguay, which has a history of cattle-borne diseases.
Asian Markets to Gain on Fed Rate Cut Signal; Japan's Yen Remains on the Brink
Asian markets are poised for further gains after US markets' positive reaction to the Federal Reserve's signal that interest rates could be slashed by 75 basis points this year.
UK Inflation Rate Drops to 3.4% in February — Its Lowest Level Since September 2021
UK's inflation rate fell to 3.4% in February, its lowest level since September 2021.
Biden Administration Is Considering Blacklisting Huawei-Linked Chinese Chipmakers: Report
Many Chinese semiconductor companies associated with Huawei are reportedly being considered for blacklisting by the Biden administration.
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