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Tension on Taiwan, trade hangs over new Biden-Xi phone call
President Joe Biden and Chinese counterpart Xi Jinping were set to talk Thursday, amid questions over whether their long distance exchanges can defuse mounting tensions around Taiwan and trade. Where to place the guardrails, however, is challenging amid so many unresolved disputes, including a simmering trade war begun under Donald Trump's presidency.
In energy-starved South Africa, whites-only town basks in solar power
Most of South Africa is wallowing in endless power cuts, but a remote whites-only farming town in the country's sun-drenched centre is close to producing enough electricity to be self-sufficient. In energy-starved South Africa, the small settlement of 2,500 people is the only town nationwide close to reaching energy supply autonomy and freeing itself from the failing national power grid.
China's industry minister faces corruption probe
China's minister for industry and information technology is being investigated for alleged corruption, state media reported Thursday, the latest senior cadre to be snared by Beijing's sweeping crackdown.
Bombshells and wedding bells: Ukraine sees wartime marriage rush
She should have awoken to the sound of popping champagne corks on her wedding day, but Tetyana was instead startled out of bed by Russian rocket fire near her home in central Ukraine. In Ukraine, would-be spouses have been taking advantage of a simplification in the red tape around marriage that allows them to wed on the spot, rather than having to register first and come back after a long wait.
Three foreign climbers feared dead on Pakistani peaks
Three foreign climbers are missing and feared dead on Pakistan's treacherous Karakorum mountain range in the country's far north, an official said Thursday. "We cannot declare them dead until the bodies are found," the official said.
Shell profit rockets on high oil prices
British energy giant Shell said Thursday that its net profit soared more than five-fold to $18 billion in the second quarter, fuelled by resurgent oil and gas prices, and rewarded shareholders with another bumper buyback. France's TotalEnergies said Thursday that net profit more than doubled in the second quarter to 5.7 billion euros ($5.8 billion) from a year earlier.
US Senate passes bill to boost domestic chip manufacturing
The US Senate passed a bill on Wednesday to boost domestic production of semiconductors, the in-demand microchips that power everything from smartphones to cars to weapons. The version of the CHIPS Act passed Wednesday provides $39 billion to finance semiconductor manufacturing plants in the United States and another $13 billion for research.
UK sea levels rising quicker than century ago: study
Sea levels are increasing around Britain at a far faster rate than a century ago while the country is warming slightly more than the global average, leading meteorologists said Thursday. Meteorologists noted in the report that sea levels over the last three decades had increased in some places at more than double the rate recorded at the start of the 1900s.
China lockdown, chip shortage hit Nissan profits
Japanese car giant Nissan said on Thursday that net profit sank nearly 60 percent in the three months to June as pressures including a lockdown in Shanghai and chip shortages weighed on business. "Nissan's challenge is how to minimise the impact of the chip shortage and sell attractive new cars, including those recently released," he said.
AFP
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