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Manhattan district attorney urges court to reject Trump bid to move criminal case
Manhattan district attorney urges court to reject Trump bid to move criminal case
The Manhattan District Attorney's office is arguing that former President Donald Trump's criminal case involving hush money payments to adult film star Stormy Daniels should not be moved to federal court because it had nothing to do with Trump's official duties as president.
1970-01-01 08:00
USMNT news: Hudson departs, Pulisic to Juventus, Balogun's options
USMNT news: Hudson departs, Pulisic to Juventus, Balogun's options
Today's USMNT news includes the surprise revelations of Anthony Hudson's departure, ChristianPulisic has been linked with Juventus and we look into Folarin Balogun's transferoptions.USMNT news: Anthony Hudson departsThe USMNT's interim head coach Anthony Hudson has left the o...
1970-01-01 08:00
US and China ‘intertwined like conjoined twins’, says Musk
US and China ‘intertwined like conjoined twins’, says Musk
Elon Musk said the interests of the US and China are “intertwined like conjoined twins” during his surprise visit to China on Tuesday amid strained diplomatic ties between the countries. The Tesla billionaire reached Beijing in his first visit to the country in over three years, visited China’s top ministries and discussed electric vehicles. Mr Musk also met China’s foreign, commerce, and industry ministers and dined with Zeng Yuqun, the chairman of top battery supplier CATL. The visit garnered a lot of attention in China and revealed adulation for Mr Musk from Chinese social media users, even as the relationship between Washington and Beijing plummeted. “The interests of the United States and China are intertwined like conjoined twins,” Mr Musk was quoted as saying by the foreign ministry of China. He was later also quoted by the country’s commerce ministry as saying that relations between the two countries were not a zero-sum game in which one side must lose if the other were to win. While little is known of the discussions the Twitter chief is having – as he remains unusually quiet on social media – Mr Musk and industry minister Jin Zhuanglong “exchanged views on the development of new energy vehicles and intelligent networked vehicles”, said the ministry. China, responsible for half of all global electric vehicle sales, serves as the location for Tesla’s first factory outside the US. The company reportedly submitted applications to expand its production facilities in Shanghai. Mr Musk’s plans were still awaiting approval as he earlier said it faces some “constraints”. The talks are expected to be aimed at easing this expansion, believe observers. The billionaire’s visit has also generated a lot of interest among China’s netizens. Some called him “a pioneer” and “Brother Ma”, in an oblique reference to Jack Ma, while others said he should become the next US president. “He’s a global idol,” wrote one Chinese social media user. “Elon Musk is just great, if only China could have someone like Elon Musk,” said another. In recent months, foreign companies have been facing increasing pressure in China, with a recent crackdown on international consulting firms. Both the US and China have also imposed restrictions on each other’s chipmakers. American companies are also facing pressure from outside as increasing threats of military escalation with Taiwan forces businesses to diversify their supply chains away from China. Mr Musk, however, touted the Asian country’s development as its ministers assured they were looking at increased cooperation. The Chinese government statement cited Mr Musk as saying Tesla was willing to expand its business in China and “opposes decoupling” – a reference to fears the world may split into multiple markets with incompatible products. On Tuesday, foreign minister Qin Gang told Mr Musk that China will “unswervingly promote high-level opening up” and create a “market-oriented, law-based and internationalised business environment”, said the government statement. “China’s development is an opportunity for the world,” it said. Mr Qin also told Mr Musk that China’s electric vehicle market “has broad prospects for development”. Mr Musk is expected to meet other senior Chinese officials and visit the Shanghai plant later in the week, reported Reuters citing sources. With China's economy also experiencing a slowdown and facing internal and external challenges, like anti-monopoly measures and the US-Chinese political tensions respectively, the ruling Communist Party has been engaging with more prominent CEOs off late. Chinese premier Li Qiang earlier held discussions with Apple’s Tim Cook, Pfizer’s Albert Bourla, Rio Tinto’s Jakob Stausholm and Toshiaki Higashihara of Hitachi, reiterating China's commitment to creating a favourable business environment. Read More Elon Musk meets Chinese foreign minister on first visit for three years What is superintelligence? How AI could wipe out humanity – and why the boss of ChatGPT is doomsday prepping Tesla's Musk meets Chinese foreign minister, who calls for 'mutual respect' in US-China relations Shanghai breaks 100-year-old heat record amid intense heatwave Keeping 1.5C alive ‘bottom of desired outcomes for global businesses at Cop28’ Typhoon Mawar inches closer to Japan threatening to bring heavy rains and winds
1970-01-01 08:00
Services Sector Shields Indian Economy From Still-High Rates
Services Sector Shields Indian Economy From Still-High Rates
India’s economy grew faster than the government’s expectations last year, as demand spurred an expansion in the services
1970-01-01 08:00
10 best undrafted NBA players of all time
10 best undrafted NBA players of all time
From multiple-time All-Stars to award winners, let's take a look at the 10 best undrafted players in NBA history.Every year, teams look to improve their roster in the NBA Draft. Typically, we spend a lot of time analyzing the projected lottery picks, but some impact players slide through th...
1970-01-01 08:00
Mercedes and Stellantis Don’t See Eye to Eye on Chinese Cars
Mercedes and Stellantis Don’t See Eye to Eye on Chinese Cars
As Chinese carmakers including BYD Co. and Nio Inc. look to expand in Europe, the region’s incumbents are
1970-01-01 08:00
South Africa Says Private Companies to Add Four Gigawatt to Grid by End 2024
South Africa Says Private Companies to Add Four Gigawatt to Grid by End 2024
South Africa expects private companies to add more than 4 gigawatts of electricity generation capacity to the grid
1970-01-01 08:00
Ama Ata Aidoo: Ghana's famous author and feminist dies
Ama Ata Aidoo: Ghana's famous author and feminist dies
Ama Ata Aidoo challenged Western perceptions of African women through her award-winning works.
1970-01-01 08:00
Roundup: Sydney Sweeney Gets Rave Reviews For 'Reality'; Caleb Love Commits to Arizona; Colorado Talks to Big 12
Roundup: Sydney Sweeney Gets Rave Reviews For 'Reality'; Caleb Love Commits to Arizona; Colorado Talks to Big 12
Sydney Sweeney is garnering rave reviews for "Reality", Caleb Love transfers to Arizona, Colorado is in talks with the Big 12 and more in the Roundup.
1970-01-01 08:00
Portugal's inflation slows down sharply to 4% in May
Portugal's inflation slows down sharply to 4% in May
LISBON Portuguese consumer prices rose 4.0% year-on-year in May in a significant slowdown from a 5.7% increase the
1970-01-01 08:00
Thai central bank hikes rates, but ready to adjust policy
Thai central bank hikes rates, but ready to adjust policy
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand's central bank raised its key rate by a quarter point on
1970-01-01 08:00
Germany’s Schmid Nears $640 Million Deal With SPAC to Go Public
Germany’s Schmid Nears $640 Million Deal With SPAC to Go Public
Schmid Group, a German provider of advanced electronics manufacturing techniques, is nearing an agreement to go public in
1970-01-01 08:00
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