Amazon cancels Lord of the Rings MMO after years of setbacks

Amazon Games has confirmed the cancellation of its long troubled massively multiplayer online game based on the world of The Lord of the Rings, ending another major attempt to build a large scale online experience around one of fantasy’s most valuable franchises. Company executive Jeff Grattis said the studio continues exploring other......

Xi Jinping gives Donald Trump rare visit to historic Zhongnanhai compound in Beijing

Chinese President Xi Jinping offered former U.S. President Donald Trump a rare visit to the historic Zhongnanhai compound in Beijing following high-level discussions on trade, regional security, and international relations. Located next to the Forbidden City and near Tiananmen Square, Zhongnanhai serves as the political center of the Chinese......

Chinese AI stocks become nearly impossible to short before July

Chinese investors seeking to bet against the country’s hottest artificial intelligence stocks are facing a severe shortage of shares available for borrowing. The problem centers on MiniMax and Knowledge Atlas Technology, two generative AI firms that debuted on the Hong Kong Stock Exchange in January and rapidly became some of the market’s......

Iran authorizes limited Strait of Hormuz transit as tensions persist

About 30 vessels have crossed the Strait of Hormuz with Iranian authorization since Wednesday, signaling a partial resumption of maritime traffic through one of the world’s most strategic shipping lanes despite ongoing geopolitical tensions and stalled diplomatic efforts. Iranian state television reported the development on Thursday,......

China’s Jiuzhang 4.0 quantum system sets photon record

A team of scientists in China has developed a programmable quantum computing prototype that manipulates thousands of photons at once, marking a major milestone in optical quantum information processing. The system, called Jiuzhang 4.0, was created by researchers at the University of Science and Technology of China in Hefei and is described......

Iran presses BRICS to condemn US and Israeli military campaign

Foreign ministers from the BRICS nations opened a two day summit in New Delhi on Thursday under the shadow of the conflict involving Iran, the United States and Israel. The meeting exposed growing divisions inside the expanded BRICS bloc as member states struggled to align their positions on the war that began on February 28. Hosted at Bharat......

Trump and Xi open Beijing summit with new trade council talks

Senior American and Chinese officials are discussing the creation of a new bilateral Trade Council and a separate Investment Council as President Donald Trump opened high-level talks with Chinese President Xi Jinping in Beijing. The proposals, confirmed Thursday by Treasury Secretary Scott Bessent, signal a new attempt to stabilize economic......

Donald Trump describes talks with Xi Jinping as “extremely positive and productive”

Former U.S. President Donald Trump described his recent discussions with Chinese President Xi Jinping as “extremely positive and productive,” highlighting a cautious tone of optimism in U.S.-China relations. Speaking at a formal banquet in Beijing, Trump stated that the meetings and conversations held earlier in the day with the......

Oil holds above 100 dollars as Trump Xi talks begin in Beijing

Oil prices stayed above the 100 dollar mark on Thursday as global markets focused on high level talks in Beijing between Donald Trump and Xi Jinping. Traders watched the meeting for any signal that could ease tensions linked to the Iran conflict and the disrupted flow of energy through the Strait of Hormuz. Brent crude traded around 106 dollars......

Putin visit to China will take place very soon, Kremlin says

Russian President Vladimir Putin is expected to travel to China in the near future, according to statements from the Kremlin on Thursday. Officials confirmed that preparations for the visit have already been finalized, although no exact date has been officially announced. The upcoming trip reflects the continued strengthening of relations......

Huawei, JAC and Stellantis discuss Maserati electric vehicle venture

A potential partnership between Huawei, Anhui Jianghuai Automobile Group and Stellantis is under discussion to develop new energy vehicles under the Maserati brand. The talks reportedly involve a framework where each company would take a defined role in product development, manufacturing and branding, although no final agreement has been reached. Under......

Apple suppliers surge as iPhone 17 production targets rise

Apple’s supply chain stocks rallied after the company reportedly increased its iPhone production targets for the first three quarters of fiscal year 2026 to 163 million units, reflecting growing confidence in demand for the iPhone 17 lineup and renewed momentum across the premium smartphone market. The revised target represents an increase......

Taiwan says China represents the main threat to regional stability

Taiwan authorities declared that China represents the principal threat to peace and stability in the Asia-Pacific region, amid rising tensions surrounding the Taiwan Strait and growing geopolitical rivalry between Beijing and Washington. The statement came after Chinese President Xi Jinping warned U.S. President Donald Trump that mishandling......

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