Original investors seek to buy back AI startup Manus from Meta in reported $2 billion deal

A group of early investors in artificial intelligence startup Manus is reportedly exploring a plan to repurchase the company from Meta in a transaction valued at approximately $2 billion. The development highlights the intense competition and strategic maneuvering currently shaping the global AI industry. According to reports, the investors......

China unveils measures to boost AI integration in consumer markets

China has announced a set of new policy measures aimed at accelerating the integration of artificial intelligence into the country’s consumer economy, covering both products and services. According to the Ministry of Commerce, the initiative includes 17 targeted measures designed to expand the use of AI technologies in everyday life.......

PetroChina and Indian Oil struggle to secure tankers for Iraqi crude shipments, sources say

Major Asian energy companies PetroChina and Indian Oil Corporation have reportedly failed to secure very large crude carriers (VLCCs) to transport Iraqi Basrah crude for late June loading, according to industry and shipping sources, highlighting tightening conditions in global oil shipping markets. The difficulties come as state-owned energy......

China’s tariff cuts on Africa fuel trade growth and boost yuan internationalization

China’s deepening trade relationship with Africa is accelerating the international use of the yuan, as tariff removals and expanding commercial exchanges reshape financial flows between the two regions. In a major policy shift, China recently eliminated tariffs on imports from 53 African countries, a move aimed at strengthening economic......

China issues draft rules to curb food delivery subsidy price wars

China’s market regulator has released draft rules aimed at tightening control over subsidy practices in the country’s highly competitive food delivery sector, as authorities move to address intensifying price wars among major platforms. The State Administration for Market Regulation (SAMR) said the proposed measures are designed......

China to back IPOs of future industry startups and AI model companies

China has announced new measures aimed at strengthening its technology sector by supporting initial public offerings (IPOs) for startups operating in “future industries,” including artificial intelligence, quantum computing, nuclear fusion, and brain-computer interface technologies. The move is part of a broader strategy by Chinese......

China warns of “Resolute Countermeasures” over Taiwan intelligence-reporting website

China has vowed to take what it described as “resolute countermeasures” following the launch of a new Taiwanese website designed to collect information from individuals in mainland China, escalating already tense relations between Beijing and Taipei. The website, reportedly established by Taiwan’s National Security Bureau......

China: Beijing Surpasses 10 Million International Travelers, Confirming Tourism Recovery

The resumption of international exchanges is gaining momentum in China. Since the beginning of the year, Beijing has surpassed the threshold of 10 million international entries and exits, achieving this milestone more than two weeks ahead of last year's pace. This progress illustrates the impact of measures implemented by Chinese authorities......

Taiwan launches platform to encourage information sharing from Chinese citizens

Taiwan has introduced a new online platform aimed at encouraging Chinese citizens who “share democratic values” to provide confidential information about mainland China, in a move that reflects rising geopolitical tensions across the Taiwan Strait. The initiative, launched by Taiwan’s National Security Bureau (NSB), includes......

Myanmar president begins official visit to China amid evolving regional ties

Myanmar President Min Aung Hlaing arrived in Beijing on Monday for a five-day official visit, marking his first trip to China since assuming the presidency earlier this year. The visit highlights the importance of relations between the two neighboring countries at a time of significant political and economic challenges for Myanmar. The visit......

Taiwan launches online platform for Chinese citizens to share intelligence information

Taiwan has launched a new online platform aimed at encouraging Chinese citizens to provide intelligence-related information, marking the latest development in the long-standing rivalry between Taipei and Beijing. The initiative, announced by Taiwan's National Security Bureau, is designed to offer what authorities describe as a secure......

Global Grain Harvest Set to Reach Record High in 2026-2027, USDA Forecasts

Global agriculture is heading towards a historic grain harvest for the 2026-2027 campaign. According to the latest forecasts from the U.S. Department of Agriculture (USDA), total grain production is expected to reach nearly 2.9 billion tons. Despite this achievement, global consumption is expected to continue exceeding production, leading......

Nador Port strengthens capacity with new-generation Chinese electric cranes

Morocco is continuing its major port infrastructure modernization program with the arrival of advanced container-handling equipment at the port of Nador, further reinforcing the country’s position in global maritime logistics. The port has recently received ten state-of-the-art electric smart cranes manufactured in China, designed to......

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