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Global military spending saw its steepest spike in more than a decade, with the US vastly outspending everyone else

Tue, 04/23/2024 - 09:11

Gunners from Ukraine's 43rd Separate Mechanized Brigade and 155 mm self-propelled howitzer 2C22 — Ukrainian forces firing at a Russian position with a 155 mm self-propelled howitzer 2C22, in Kharkiv, Ukraine, on April 21, 2024.
ANATOLII STEPANOV/AFP via Getty Images

Military & Defense, War, defense-spending, news-uk, Russia, Ukraine, China

The US is weighing using the power of the dollar to stop Chinese banks aiding Russia — but its plan could backfire

Tue, 04/23/2024 - 08:26

Tech Insider : Politics

Beijing financial district — A Chinese flag flies near buildings in the central business district on a polluted day in Beijing on February 27, 2018.
GREG BAKER via Getty Images

politics, Russia, China, us-sanctions, news-uk

Apple sinks to 3rd place in China as iPhone sales slide

Tue, 04/23/2024 - 06:41

iPhone Shanghai Apple store — Apple iPhone sales are under pressure in China.
CFOTO/Future Publishing/Getty Images

Tech, Tech, apple, iPhone, China, trending-uk, huawei

Young Chinese are trading Shanghai for small cities. Brands like KFC are following them with thousands of stores.

Tue, 04/23/2024 - 03:42

Tech Insider : Economy

dominos pizza china — Dominos Pizza in China
David Gray/Reuters

economy, Retail, Food, China, fast-food

Saudi Arabia's oil giant boss speaks up for China, saying its massive production of solar panels and EVs helps affordability

Tue, 04/23/2024 - 03:23

Tech Insider : Economy, Economy

saudi aramco amin nasser — Saudi Aramco President and Chief Executive Amin H. Nasser.
Hamad I Mohammed/Reuters

energy, economy, News, energy, economy, China, solar-panels

China is getting a head start on the flying car industry: report

Mon, 04/22/2024 - 17:07

image of lfying car on display with people taking photos — Car company GAC displays its Gove eVTOL flying car in Guangzhou, China, on April 12, 2024.
Chen Jimin/China News Service/VCG via Getty Images

Transportation, eVTOLs, flying-car, China, auto-flight, alef-aeronautics, aska

Russia and China's 'unfriendly' space behavior is 'concerning' and could threaten US satellites, defense analysts say

Mon, 04/22/2024 - 16:30

Satellite over the Earth's surface. — A satellite over the Earth's surface.
Michael Dunning

Military & Defense, Russia, China, satellites, Espionage, Space

Now's the time for Elon Musk to reveal his Tesla rescue plan — if he has one

Mon, 04/22/2024 - 08:33

Elon Musk — Chelsea Jia Feng/Bi; Grzegorz Wajda/SOPA/Getty Images

Transportation, Tech, tesla, EV, trending-uk, China, robotaxi

Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.

Mon, 04/22/2024 - 07:21

The Line, NEOM — A rendering of The Line, which developers say will be a key part of Saudi Arabia's Neom project.
NEOM

Tech, Tech, neom, Saudi, saudi-arabia, trending-uk, China

People in China are so spooked about the economy that even the weak yuan isn't stopping them from buying more gold

Mon, 04/22/2024 - 02:33

Tech Insider : Economy, Economy

Customers select gold ornaments at a gold jewelry store on April 3, 2024 in Huzhou, Zhejiang province, China. — Gold prices have hit record highs on the back of strong demand from China's consumers and central bank.
Ni Lifang/VCG/Getty Images

economy, Markets, China, economy, Gold, dedollarization, central-banks

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