lawmaker has raised alarm over Intel CEO Pat Gelsinger’s alleged ties to China, urging the company’s board to address potential national security and corporate governance concerns, according to an exclusive letter obtained by reporters. The letter, sent by Rep. Mike Gallagher, chair of the House Select Committee on the Chinese Communist Party, questions Gelsinger’s interactions […]
In a landmark defense deal signaling deepening military cooperation, Japan has signed a $6.5 billion agreement with Australia to supply next-generation warships, marking one of its largest-ever arms exports and a significant move to counter China’s expanding presence in the Indo-Pacific region. The deal, finalized in Tokyo on Tuesday, will see Japanese shipbuilder Mitsubishi Heavy […]
A former parliamentary aide to a prominent far-right lawmaker went on trial in Berlin on Monday, facing charges of spying for Chinese intelligence services in a case that has sent shockwaves through Germany’s political establishment. The accused, identified only as Jian G. under German privacy laws, allegedly passed sensitive information to China’s Ministry of State […]
In a significant step toward easing the financial burden on families and boosting early childhood education, the Chinese government has announced a new policy to waive or reduce tuition fees for pre-school children across the country. The initiative, unveiled by the Ministry of Education on Monday, is part of a broader strategy to expand access […]
In a bid to shape the future of artificial intelligence on the world stage, China has unveiled a proposal for a new international AI governance group positioning itself as a leader in global tech diplomacy while the United States continues to chart its own independent course. The proposal, announced at a high-level forum in Beijing, […]
Former White House economic adviser Kevin Hassett has revealed that Donald Trump is seeking to reshape the Bureau of Labor Statistics (BLS) with loyal appointees, following the abrupt dismissal of its commissioner an unprecedented move that has sparked concern among economists and statisticians. “President Trump wants his own people in there,” Hassett told reporters, referring […]
More than a decade after trying to manufacture smartphones in the United States, a pioneering tech entrepreneur is speaking out offering hard-earned wisdom to companies now attempting to do what he once found nearly impossible. Gregg Steinhafel, a former executive who spearheaded a failed attempt to build smartphones domestically during the early 2010s, says the […]
Shares of French food giant Danone climbed sharply on Monday after the company posted stronger-than-expected second-quarter sales, buoyed by a resurgence in demand across China and steady performance in its core nutrition and dairy segments. The company reported a 6.4% increase in like-for-like sales for the April–June period, outpacing analysts’ average estimates of around 5.1%. […]
The United States quietly postponed a high-level meeting with Taiwanese officials earlier this month as it prepared to re-enter sensitive trade negotiations with China, the Financial Times has reported, signaling a cautious recalibration in Washington’s approach to the two rival powers. According to sources cited by the FT, the Biden administration opted to delay the […]
German automaker Mercedes-Benz has revised its full-year profit margin forecast downward, citing growing cost pressures from newly imposed U.S. tariffs the latest sign that transatlantic trade tensions are beginning to bite into Europe’s industrial giants. The luxury carmaker, which had previously targeted an adjusted return on sales between 9% and 11% for its core auto […]
