EU launches major tech push to break US and China dependence

    The European Commission has presented a sweeping tech sovereignty package to boost homegrown technologies and reduce dependency on American and Chinese companies. Whether it will make a meaningful difference — and how the two superpowers will react — remain open questions. ADVERTISEMENT ADVERTISEMENT “We live in a world where geopolitics and technology are inseparable. Those…

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    Why Fashion Must Rethink Globalization

      Why Fashion Must Rethink Globalization

      As globalization moves beyond the circulation of goods toward deeper industrial integration, a new question is emerging for the fashion industry: how can the sector secure a meaningful seat at the global table? The answer increasingly lies not in export volume alone, but in supply chain integration, local collaboration, sustainability standards and long-term strategic value….

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      Advanced air defence missiles targeted and reportedly 'successfully' destroyed the MQ-1 drone. (Representational Photo/AFP)

      Iran claims it shot down US MQ-1 drone as wait for final peace deal continues

      Amid wait for a final peace deal, Iran’s Islamic Revolutionary Guard Corps (IRGC) reportedly claimed that it shot down a US’ MQ-1 drone after it allegedly entered its territorial airspace early on Sunday. Advanced air defence missiles targeted and reportedly ‘successfully’ destroyed the MQ-1 drone. (Representational Photo/AFP) The American drone was immediately detected by the…

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        China’s April industrial profits grow at fastest in more than two years

        BEIJING: China’s industrial profits in April grew at the fastest pace since November 2023, despite financial pressures stemming from softening domestic demand and rising component costs exacerbated by the Middle East crisis. The latest data adds to signs of an uneven recovery, with the economy largely losing momentum at ‌the start of ⁠the ⁠second quarter….

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