Doing business in China has become harder and potentially more perilous as the government prioritises an ever-widening definition of national security over all else, despite insisting the country has reopened for trading.. But Yale legal expert Jeremy Daum said the key was that "China believes there are legitimate threats to its national security, and will always prioritise addressing them over other interests".
Two years after awarding Elon Musk's SpaceX a contract to ferry astronauts to the surface of the Moon, NASA on Friday announced it had chosen Blue Origin, a rival space company founded by billionaire Jeff Bezos, to build a second lunar lander.. Blue Origin had also competed for the first contract, and filed an unsuccessful lawsuit against NASA when SpaceX was chosen as the sole lander provider.
Republicans have paused crunch US debt default talks less than two weeks before a potentially catastrophic default, House Speaker Kevin McCarthy said Friday, citing lack of movement from Democrats. . Democrats have framed the talks as an opportunity to discuss the upcoming budget ahead of June 1, when the Treasury predicts the United States could start defaulting on its debts if Congress does not act.
The United States added hundreds more companies and individuals to its sanctions blacklist Friday as it broadened efforts to choke of Russia's global supply chains and starve its economy over its war on Ukraine.. In all about 300 individuals, companies, institutes, ships and aircraft involved in alleged sanctions-violating activities were added to US Treasury and State Department blacklists.
Canadian airline WestJet on Friday announced it had reached a tentative deal with its pilots union, a day after it canceled nearly 100 flights in anticipation of a strike.. The Air Line Pilots Association, Int'l (ALPA) had notified WestJet on Monday that 1,800 pilots would stop work starting early Friday morning if a deal was not reached with company executives by Thursday evening.
UK supermarket giant Tesco said Friday its chairman John Allan would step down next month following newspaper allegations over his conduct towards women.. It said that Allan, 74, allegedly touched the bottom of a senior Tesco staff member at last year's AGM. "Three of these allegations are vigorously denied by John, for the other John unreservedly apologised for the comment he made," the Tesco statement said.
In sweltering heat in a small building in eastern DR Congo, technicians cast molten gold into ingots as traders nearby haggle over the day's price for the precious metal.. In the baking-hot building adjacent to Primera Gold's headquarters, a technician took a crucible of liquid gold from a furnace and poured it into a rectangular mould.
What do artificial nails, crypto currencies, spaghetti and social media influencers have in common? . Social media influencers and content providers have not been spared either, with their earnings facing a 15 percent tax.
When the US secretary of state travels through Papua New Guinea's capital next week to meet the leader of the South Pacific nation, it will be on a six-lane highway built by China.. The rivalry between the United States and China has brought them to loggerheads in the Pacific -- and their jostle for influence has been a boon for islands like resource-rich and strategically located Papua New Guinea.
Most Asian markets built on a global rally Friday as traders grow increasingly hopeful that US lawmakers will hammer out a deal to lift the debt ceiling and avert a calamitous default.. Markets expect the bank to stand pat next month, though traders are increasingly worried another increase could be on the cards.
