Hours after claiming that the United States has “lost” India and Russia to China, US President Donald Trump says he was “very disappointed” that India continues to purchase large volumes of oil from Russia, adding that his administration had imposed a very big tariff on New Delhi in response. When asked whom he held responsible…
(Bloomberg) — US oil refiners have found an unlikely ally in their opposition to President Donald Trump’s proposed changes to biofuel policy: China. A plan to slash incentives for renewable diesel produced from imported feedstocks will disrupt trade, harm US fuelmakers and undermine efforts to slash carbon emissions, a Chinese government agency said in an…
India on Friday refrained from commenting on US President Donald Trump’s claim that New Delhi appeared to be aligning with Moscow and Beijing. However, the government strongly rejected White House trade advisor Peter Navarro’s accusations regarding India’s energy and defence ties with Russia, terming his remarks “inaccurate and misleading.” This comes after Prime Minister Narendra…
It’s full steam ahead for NASA — at least according to Sean Duffy, the agency’s acting administrator. During an internal employee town hall Thursday, Duffy warned of “letting safety be the enemy of progress” when it comes to winning the new space race, according to a recording of the meeting obtained by NBC News. “We…
Marriott has revealed an update for its Fairfield by Marriott hotel brand, with a tweak that will improve the brand’s attractiveness to Chinese guests. The refreshed brand lozenge will now feature Chinese lettering that also emphasises the link of Fairfield to its Marriott master brand. Within the hotels there are changes, too – emphasising Fairfield’s…
Cuba and China have signed 11 cooperation agreements during President Miguel Diaz-Canel’s official visit to Beijing, reports Prensa Latina, a partner of TV BRICS. The accords cover a wide range of areas including China’s Belt and Road Initiative, political consultations, cultural exchanges, agriculture, artificial intelligence, infrastructure, and media collaboration. In talks…
This article first appeared on GuruFocus. A fresh momentum shift is building in China’s AI supply chainand it may spell long-term trouble for Nvidia (NASDAQ:NVDA). Alibaba (NYSE:BABA) is now testing domestic accelerators, Cambricon just posted blowout earnings, and upstart DeepSeek is already training models on Huawei hardware. Beijing, meanwhile, has shown little interest in letting…
Cango Inc. reported a significant increase in Bitcoin output due to its expansion in the United States, marking a pivotal moment for the company in the rapidly evolving digital asset landscape. The company’s strategic move to enhance mining operations in the U.S. has led to improved efficiency and higher yields, contributing to a surge in…
HANGZHOU, China The tech war between the US and China continues as Chinese firms Tencent and Deep Robotics produce artificial intelligence (AI) and robot technologies that rival those of their American counterparts, becoming viable alternatives in the global tech scene. The fierce and long-standing US–China rivalry is not only diplomatic or via trade but also…
China’s top technology companies are still keen on buying Nvidia processors despite the pushback from Beijing against their purchases, as domestic manufacturers like Huawei struggle to meet demand, reports Reuters citing people with knowledge of procurement discussions. Top firms like Alibaba and ByteDance want reassurance from Nvidia that their orders for the H20 artificial…