The BRICS Business Council has announced plans to establish a logistics hub in the United Arab Emirates (UAE), a decision that could significantly reshape global trade dynamics among its member nations and
At the 2025 ARPA-E Energy Innovation Summit, MIT Technology Review highlighted several breakthrough energy technologies that could power the future of the industry. Among the standout innovations were advancements in steel production,
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Huawei has unveiled its latest innovative smartphone, the Huawei Pura X, during a highly anticipated product launch event on Thursday. The new device is the first to feature HarmonyOS 5, the latest
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SoftBank has agreed to acquire chip start-up Ampere Computing for $6.5 billion, marking a significant step in founder Masayoshi Son’s drive to expand SoftBank’s role in the artificial intelligence (AI) space. The
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The European Commission has launched a probe into whether Chinese electric vehicle maker BYD received unfair subsidies for its plant in Hungary, a move that could escalate trade tensions between the EU
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Norway’s sovereign wealth fund, Norges Bank Investment Management, has secured a £570 million deal to acquire a 25% stake in London’s iconic Covent Garden estate, signaling a continued strong bet on the
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Central banks around the world have been steadily increasing their gold reserves, with 2024 marking the third consecutive year that global gold purchases surpassed the 1,000 metric tons (MT) threshold. According to
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Tesla has issued a recall for more than 46,000 Cybertrucks in the United States over a critical safety issue, marking another setback for the highly anticipated electric pickup truck. The company announced
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In a groundbreaking scientific achievement, an international team led by Chinese researchers has successfully realized quantum-secured communication spanning over 12,900 kilometers between China and South Africa. This breakthrough, utilizing the Jinan-1 micro-nano
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Siemens, one of Germany’s largest industrial companies, has announced plans to cut over 6,000 jobs worldwide as part of a major restructuring effort. The layoffs, which are set to affect employees in
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Nvidia has announced a major partnership with General Motors and introduced its latest AI superchip, Vera Rubin, as the company seeks to maintain its dominance in the rapidly evolving artificial intelligence industry.
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