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The RAVE token posted one of the most extreme price moves in the crypto market this month. Its value jumped from about $0.25 to nearly $20 in less than two weeks. The gain exceeded 6,000 percent. This surge triggered a wave of forced liquidations across derivatives markets. Data shows that around $30.6 million in positions were wiped out......
Volkswagen is bracing for a potential downturn in the world’s largest auto market, with its China chief warning that passenger car sales could decline for the first time since 2018. Ralf Brandstätter said even flat sales would represent the best-case scenario for 2026, following about 24 million vehicles sold last year in China. The......
Chinese electric vehicle manufacturer BYD is deliberately avoiding a price war in South Africa as competition intensifies in Africa’s second-largest automotive market. The South African automotive sector is experiencing a rapid influx of electric vehicles, plug-in hybrids, range-extender models, and traditional hybrid cars. Many of......
The closure of the Strait of Hormuz, triggered by the war involving the United States, Iran, and Israel, was expected to drive a surge in coal use. Instead, new data shows global fossil fuel electricity generation declined in March as renewable energy absorbed the shock. Analysis from the Centre for Research on Energy and Clean Air indicates......
Unitree Robotics has begun selling its humanoid robot R1 internationally through AliExpress, offering the full model at about 8,150 dollars including import costs, with free shipping to the United States. A lighter version, the R1 AIR, is priced around 6,800 dollars. Deliveries are expected to start near the end of June, marking one of the......
Global buyers are turning to China for aluminum as supply disruptions linked to the war in Iran tighten markets in the Gulf. Analysts cited by Bloomberg expect Chinese exports to rise sharply in the coming months as production outages in the region, which accounts for about 9 percent of global aluminum output, drive prices higher and widen......
Rising fuel prices linked to the war in Iran are accelerating a global shift toward electric vehicles, driving a sharp increase in exports of clean technologies from China. Analysts say the surge in oil costs is pushing consumers across Asia and other regions to adopt electric mobility faster than expected, positioning China’s EV, battery,......
China-based Victory Giant Technology is expected to price its Hong Kong initial public offering at the top of its indicated range, reflecting strong investor demand despite global market volatility. The company plans to sell shares at HK$209.88 each, aiming to raise approximately HK$17.5 billion (about $2.2 billion). According to sources......
The war in Iran and disruptions to oil and gas flows through the Strait of Hormuz are reshaping global energy markets, with China positioned to benefit most. In a Substack post published on April 13, Paul Krugman warned that rising geopolitical tensions are pushing energy-dependent economies away from the United States and closer to China.......
ASML is set to report its first quarter 2026 results on April 15, with investors focusing on both financial performance and a major change in disclosure policy. The company said it expects quarterly revenue between 8.2 and 8.9 billion euros, with gross margins of 51 to 53 percent. Analysts estimate revenue around 10.2 billion dollars, up more......
Models from Alibaba have posted strong results on the MMLU-Pro benchmark, with Qwen3.6 Plus claiming the top spot on at least one major ranking. However, independently verified evaluations suggest a more contested picture of leadership in language understanding, highlighting ongoing disputes over how to measure AI performance. According to......
The war in Iran has triggered what energy officials describe as the largest supply disruption in the history of the global oil market. The shock has reshaped energy demand patterns and accelerated a shift toward alternative sources, placing China at the center of the transition. Despite being Iran’s largest oil customer, China is positioned......
China has lifted restrictions on some iron ore purchases from BHP, signaling a shift in a trade dispute that had disrupted global supply chains for months and unsettled commodity markets. A state-backed buyer, China Mineral Resources Group, informed steel producers they could resume bidding on selected BHP cargoes priced in US dollars starting......
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GITEX Africa: The New Frontiers Of African Innovation
Monday 06 - 13:04
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Les Impériales Week 2026: Under the Theme “Daba or Never”
Tuesday 31 March 2026 - 10:03
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Iran under the lens
Tuesday 13 January 2026 - 08:30
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AFCON 2025: Morocco at the heart of African football
Friday 19 December 2025 - 11:16
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Walaw at the Heart of the Mawazine Festival – Rhythms of the World 2025
Saturday 21 June 2025 - 15:48
