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China‘s space-based military technology is developing ‘breathtakingly fast’ with US forces at risk of the ‘kill chain’, Washington has warned. Beijing have been catching up in the arms race to develop missile technology that can be sent from space at a ‘very concerning rate’, the top commander of the US Space Force (USSF) added. The so-called kill…
Construction begins on the East Harbour Transit Hub in Toronto. (Andrew Francis Wallace/Toronto Star via Getty Images) · Andrew Francis Wallace via Getty Images Canada’s economy shrank 0.1 per cent on a monthly basis in April, Statistics Canada said on Friday, a slower pace than analysts had expected. The contraction was largely the result of…
China-founded fast-fashion retailer Shein plans to file a draft prospectus confidentially for its Hong Kong listing, marking a rare departure from the usual practice of companies making public filings of IPO documents, three sources with knowledge of the matter said. Shein aims to submit the filing confidentially as soon as this week, one of the…
Trump says U.S.-China trade deal reached – CBS News Watch CBS News President Trump says the U.S. reached a trade deal with China, but details on the agreement remain vague. CBS News’ Natalie Brand has more as senators react to their briefing on the U.S. strikes against Iranian nuclear sites. Be the first to know…
The latest reading of the Federal Reserve’s preferred inflation gauge showed price increases accelerated in May as inflation remained above the Fed’s 2% target. The release comes as investors have been closely watching data releases for signs of when, or if, the Federal Reserve will cut interest rates this year. The “core” Personal Consumption Expenditures…
The Trump administration is readying a package of executive actions aimed at boosting energy supply to power the US expansion of artificial intelligence, according to four sources familiar with the planning. Top economic rivals US and China are locked in a technological arms race and with it secure an economic and military edge. The huge…
By Sara Rossi and Alvise Armellini VENICE (Reuters) -Amazon founder Jeff Bezos and journalist Lauren Sanchez were set to exchange marriage vows at a ceremony in Venice on Friday, part of a three-day wedding extravaganza that has attracted dozens of celebrity guests but also protests by local activists. Bezos, 61, and Sanchez, 55, will exchange…
HONG KONG, June 27 — Jailed pro-democracy activist Joshua Wong shrugged and shook his head after a Hong Kong court this month announced a fresh charge of breaching the city’s national security law. The 28-year-old protest icon has spent more than four years behind bars and hoped to be let out in early 2027. Now,…
China hiked its imports of crude oil from Iran in June, as Iran accelerated loadings in May and independent Chinese refiners bought more discounted Iranian barrels. Amid overall high imports in recent weeks, thanks to the lower oil prices in April and May when cargoes were bought, China significantly boosted its imports of crude from…
OSLO, Norway (AP) — Oslo police on Friday announced charges against Marius Borg Høiby, the eldest son of Norway’s crown princess, on multiple counts including rape, sexual assault and bodily harm after a months-long investigation of a case that involved a “double-digit” number of alleged victims. Høiby, the son of Crown Princess Mette-Marit and stepson…