China warns of tariffs on French wine amid EU trade tensions

China signaled on Wednesday that it could open investigations into French wine or impose reciprocal tariffs on European Union goods if France continues to advocate for sweeping trade measures against Chinese products, according to Yuyuan Tantian, a social media account affiliated with state broadcaster CCTV. The warning followed a strategic......

China top chipmaker warns of crisis as AI drives memory shortage

The global semiconductor industry is facing its most severe supply strain since the pandemic era, as surging demand from artificial intelligence data centers diverts critical memory components away from consumer electronics. China’s largest contract chipmaker said this week the sector has entered “crisis mode,” with manufacturers......

Russia warns of countermeasures over potential militarization of Greenland

Russia has warned it will take “appropriate countermeasures,” including military-technical actions, if Western countries expand their military presence in Greenland. The statement was delivered by Russian Foreign Minister Sergei Lavrov during an address to the Russian Parliament on Wednesday. Lavrov said that any move to militarize......

Russian Arctic resort becomes hub for sanctioned LNG tankers

The remote Arctic village of Teriberka on Russia’s Kola Peninsula, long known for northern lights tours and whale watching excursions, is taking on a new role as a logistical hub for sanctioned liquefied natural gas carriers operating around Western restrictions. On Feb. 10, three LNG tankers were seen drifting just a few kilometers......

Five Belgian babies test positive in infant formula scare

Belgian health authorities said Tuesday that five infants in the Flemish region have tested positive for the bacterial toxin cereulide, the latest development in a multinational infant formula contamination crisis that has led to product recalls in more than 60 countries. The affected babies, only a few months old, had consumed recalled Nestlé......

Novatek profit plunges 62 percent as sanctions hit LNG business

Russian energy company Novatek reported a sharp drop in net profit for 2025, underscoring the growing strain Western sanctions are placing on Moscow’s liquefied natural gas sector. The country’s largest LNG producer said net income fell to 183 billion rubles, or about 2.37 billion dollars, down more than 62 percent from 493.5 billion......

Russian oil tankers list Singapore as destination as India cuts imports

Russian oil exporters are increasingly declaring Singapore as the official destination for crude shipments, signaling a shift in trade flows as India scales back purchases following a new trade agreement with the United States, according to maritime data from LSEG and market traders. In January, tankers carrying around 1.4 million metric......

Estonia says Russia does not plan NATO attack in near term

Estonia’s Foreign Intelligence Service said in its 2026 annual report on Tuesday that Russia does not intend to launch a military attack on a NATO member state this year or next year. The 86-page assessment, however, warned that Moscow is rebuilding its military capabilities at speed as European nations accelerate their own defense spending. Kaupo......

China pledges support for Cuba as fuel shortages worsen

China has publicly pledged to assist Cuba as the Caribbean island faces acute jet fuel shortages that have disrupted air travel and deepened an ongoing energy crisis. Chinese Foreign Ministry spokesperson Lin Jian reaffirmed Beijing’s support for Havana’s sovereignty and opposition to foreign interference during a press briefing......

Greece and Malta oppose EU ban on Russian oil shipping

Greece and Malta have pushed back against a proposed European Union ban on maritime services for Russian oil shipments, citing concerns about the impact on Europe’s shipping sector and energy prices. The objections were raised during a meeting of EU ambassadors held days after the European Commission unveiled its 20th package of sanctions......

China’s top diplomat Wang Yi to attend Munich security conference

China’s leading diplomat, Wang Yi, is scheduled to participate in the 62nd Munich Security Conference, which will take place from February 13 to 15 in Munich, Germany, the Chinese Foreign Ministry announced on Tuesday. Wang Yi is expected to deliver a keynote speech during the three-day forum, which brings together senior officials,......

Honda quarterly operating profit plunges as tariffs and EV slowdown bite

Honda Motor reported a sharp fall in profits as U.S. import tariffs, weakening demand for electric vehicles, and ongoing semiconductor supply disruptions continued to weigh on performance. The Japanese automaker said net profit for the nine months through December fell 42 percent from a year earlier to 465.44 billion yen, while revenue over......

China successfully tests snow Leopard polar vehicle in Antarctica

China has taken a new step in strengthening its polar research capabilities after successfully testing its domestically developed Snow Leopard polar vehicle during a recent Antarctic mission, according to Chinese media reports. The six-wheel-drive vehicle completed more than 10,000 kilometers of trials across the Antarctic continent over......

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