17:40
Nike’s efforts to stabilize its business are encountering fresh challenges as unrest in the Middle East threatens to affect global operations. The sportswear giant also continues to struggle with slower sales growth in China, a key market for the company. Executives have warned of a notable drop in current-quarter sales, citing higher......
Defense Secretary Pete Hegseth issued a pointed warning to Russia and China on Tuesday over their alleged support for Iran, saying the United States is addressing the matter directly as the war enters its fifth week with no diplomatic breakthrough in sight. Speaking at a Pentagon briefing alongside Joint Chiefs Chairman General Dan Caine,......
Canada is looking to deepen its economic and diplomatic relationship with China as Finance Minister François-Philippe Champagne begins an official visit to China from April 1 to April 4. The trip reflects a broader effort by Canada to re-engage with one of its most important trading partners. Officials say the visit aims to strengthen......
The United Kingdom is bracing for its most immediate supply pressure as Europe's aviation fuel reserves hold for now but risk running critically low by May if the Strait of Hormuz remains effectively closed, cutting off roughly 40% of the region's jet fuel imports. The last known kerosene cargo from the Middle East bound for the UK,......
Chinese authorities have introduced new regulations prohibiting the storage of funeral urns in unoccupied residential apartments, a practice that had emerged in response to rising funeral costs. The policy, approved by the State Council, specifies that human remains must be kept only in officially designated locations such as public cemeteries.......
Japan has begun deploying long-range missiles on the southern island of Kyushu as part of its efforts to strengthen national defense amid rising tensions in the East China Sea. Officials from the Ministry of Defense confirmed that the deployment includes surface-to-ship missiles with a range of up to 1,000 kilometers. The move reflects growing......
Toyota Motor reported a 2.3% decline in global sales for February, releasing the figures Monday as Japanese automakers face mounting supply chain disruptions stemming from the Middle East conflict, now entering its fifth week. Total sales, including subsidiaries Daihatsu Motor and Hino Motors, fell to 806,905 units, weighed down by fierce......
Google, a subsidiary of Alphabet, unveiled TurboQuant on Tuesday, March 24, an algorithm that compresses key‑value cache memory in large language models by a factor of six—and within hours memory and storage stocks were tumbling worldwide. The announcement reignited fears that advances in AI efficiency could erode demand for one of......
China has successfully conducted flight tests of a hybrid propulsion system designed to make small combat drones quieter, harder to detect and capable of flying longer distances, according to a report aired Friday by CCTV‑7, the country’s military television channel. The system, rated at 60 kilowatts and tested in December, combines......
The incident occurred in Shanxi Province, where a blaze broke out in a building, prompting a large-scale emergency response. Local authorities confirmed that 23 people were injured, including several in critical condition. Emergency teams, including firefighters and medical personnel, were quickly dispatched to the scene to contain the fire......
Four weeks into the war between the United States, Israel and Iran, the near-total paralysis of the Strait of Hormuz has blocked one third of global seaborne fertilizer trade, triggering a price surge and prompting the United Nations to warn of a "systemic shock" to global food systems as planting seasons begin across the Northern......
The war in Iran, now entering its second month, is sending cascading economic shockwaves across Southeast Asia, where surging energy costs are rapidly translating into food insecurity and social unrest. The United Nations Food and Agriculture Organization warned Thursday that the conflict in the Persian Gulf "has triggered one of the......
Asian airlines are cutting flights heavily from April 2026 as a spike in jet‑fuel prices pushes the region toward what analysts are calling the worst aviation crisis since the pandemic. The war between the United States, Israel and Iran, along with disruptions to oil flows through the Strait of Hormuz, has sent aviation fuel costs soaring,......
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