Canadian-Chinese tycoon Xiao Jianhua is standing trial on Monday, Ottawa's embassy in Beijing said in a statement, after the businessman disappeared from a Hong Kong hotel in 2017.. Xiao, who is a Canadian citizen, disappeared from Hong Kong's Four Seasons hotel in January 2017, with local media reporting that he was snatched by mainland Chinese agents.
Markets swung Monday as traders fret over a possible recession caused by central bank interest rate hikes aimed at fighting soaring inflation.. The European Central Bank is due to lift rates this month for the first time in more than a decade.
Chinese developer Shimao Group said it has failed to make payment on a $1 billion bond that matured Sunday, one of the biggest such defaults so far this year in the country's troubled property sector.. It was China's 14th biggest developer by contracted sales last year, according to Bloomberg News.
Amazon founder Jeff Bezos has criticized President Joe Biden for calling on oil companies to lower sky-high gasoline prices, prompting the White House to come to the US leader's defense on Sunday.. John Kirby, White House spokesman on national security issues, also defended the president Sunday in an appearance on Fox News.
Sri Lanka has less than a day's worth of fuel left, the energy minister said Sunday, with public transport grinding to a halt as the country's economic crisis deepened.. Energy minister Kanchana Wijesekera said petrol reserves in the country were about 4,000 tonnes, just below one day's worth of consumption.
Sitting at his desk overlooking a pharmaceutical factory floor on the outskirts of the Congolese capital Kinshasa, Joss Ilunga Dijimba, 52, cracked a jovial smile.. However, a 52-year-old public servant named Olivier said there was "quite a difference" between Congolese and foreign drugs.
Sports, film and music stars have all flocked to the NFT market to buy pictures of apes, endorse corporate partners or even launch their own art collections.. - Solo missions - Celebrity NFT enthusiasts have gone a lot deeper into the industry than just buying ape images -- plenty have created their own NFT collections, with mixed results.
Gas now flows to Romania from a new Black Sea platform operating in waters where mines and warships have been spotted.. "We've had mines detected close to the platform, we've had warships that go close to our platform and we've had airplanes circling our platform," he added.
A US-backed campaign is giving Russians access to anti-censor software to dodge Moscow's crackdown on dissent against its invasion of Ukraine, involved groups told AFP. Russia has intensified its restrictions on independent media since attacking its neighbor in February, with journalists under threat of prosecution for criticizing the invasion or for even referring to it as a war.. "Our tool is primarily used by people trying to access independent media, so that funding by the OTF has been absolutely critical," said a spokesman for Lantern, one of the involved companies.
The rapid rise of the US dollar since the start of the year is a double-edged sword for American multinational companies, pushing some of them to decide whether to hedge or reposition their activities abroad to avoid fallout.. Adobe, Salesforce, Biogen and Pfizer have all warned that the dollar's rapid rise will have a greater impact on their accounts than expected. - $40 billion hit - Companies that generate most of their revenue outside of the United States are the most exposed, starting with tech giants, medical equipment makers and service companies, according to Kyriba, a corporate cash management platform.
