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US and China to publish details of 'substantial' trade talks in Geneva
US and China to publish details of 'substantial' trade talks in Geneva
by  AFP

The United States and China are set to provide details on Monday of the "substantial progress" made during talks in Switzerland over the weekend aimed at cooling trade tensions ignited by President Donald Trump's sweeping tariffs. In a statement, the White House hailed what it called a new "trade deal" with China, without providing any additional details.

Chinese EV battery giant CATL aims to raise $4 bn in Hong Kong IPO
Chinese EV battery giant CATL aims to raise $4 bn in Hong Kong IPO
by  AFP

Chinese EV battery giant CATL aims to raise $4 billion in its Hong Kong listing scheduled for May 20, said a statement filed to the bourse Monday, making it the largest IPO expected in the city so far this year. In December, CATL announced that it would work with automotive giant Stellantis on a $4.3 billion factory to make EV batteries in Spain, with production slated to begin by the end of 2026.

Washington hails 'substantive progress' after trade talks with China
Washington hails 'substantive progress' after trade talks with China
by  AFP

Washington expressed optimism at the end of a weekend of trade talks with China aimed to de-escalate trade tensions sparked by President Donald Trump's aggressive tariff rollout. Bessent underlined a focus on "de-escalation" and not a "big trade deal", while Beijing insisted that the United States had to ease tariffs first.

Scottish refinery closure spells trouble for green transition
Scottish refinery closure spells trouble for green transition
by  AFP

Andrew Petersen is a third-generation oil refinery worker from a small, industrial Scottish town. He argued that the UK and devolved Scottish governments needed to do more to bridge the gap between shuttering polluting industries and the transition to greener energy -- which will accelerate closer to Britain's 2050 net zero target.

With papacy, Leo XIV inherits Vatican money troubles
With papacy, Leo XIV inherits Vatican money troubles
by  AFP

Along with the spiritual leadership of the world's 1.4 billion Catholics, Pope Leo XIV now inherits oversight of the Vatican's shoddy finances -- and his predecessor's efforts to clean them up.