Washington, US | Xinhua | U.S. President Joe Biden signed an executive order Wednesday that would block U.S. high-tech investments in China despite Washington repeatedly stating it has no interest in “decoupling” from China. Designating China as a “country of concern,” the order aims to limit U.S. investments in three …
Read More »BioNTech records loss of 190 mln euros in Q2 as covid vaccine demand wanes
Berlin, German | Xinhua | German developer and manufacturer of active immunotherapies BioNTech on Monday posted a loss of 190 million euros (209 million U.S. dollars) in the second quarter of 2023 as demand for its COVID-19 vaccine waned. In the same period last year, the company made a profit …
Read More »Japanese consortium to launch $14 bln Toshiba buyout on Aug. 8
Tokyo, Japan | (Xinhua | Japan Industrial Partners Inc., a Tokyo-based investment fund, announced Monday it will launch a 2 trillion yen (about 14 billion U.S. dollars) tender offer for Toshiba Corp. on Tuesday, a move that would end the company’s 74-year history as a public company. The tender offer …
Read More »U.S. has difficulties with ending gun violence: U.S. media
New York, USA | Xinhua | Americans experience more significant shootings than any other nation in the West, and gun violence has left deep scars in the U.S. society, reported the California-based non-profit YR Media on Thursday. “In spite of these mass shootings, our government does not act. The effects of …
Read More »BRICS can play “exceptional role” globally, says Brazilian president
Brasilia, Brazil | Xinhua | The BRICS bloc can play an “exceptional role” globally as it can help reduce inequality by offering developing countries financing without the onerous terms, Brazilian President Luiz Inacio Lula da Silva said Wednesday. At a breakfast with foreign correspondents, the Brazilian leader said he has high …
Read More »Trump pleads not guilty to charges over efforts to overturn 2020 election
Washington, US | Xinhua| Former U.S. President Donald Trump on Thursday pleaded not guilty to federal charges against him for plotting to overturn the 2020 presidential election, U.S. media reported. Trump was arraigned in a federal courthouse in Washington, D.C., on Thursday afternoon, two days after he was formally indicted. …
Read More »Trump indicted for alleged efforts to overturn results of 2020 presidential election
New York, US | XINHUA | Former U.S. President Donald Trump was indicted on Tuesday in a Justice Department investigation for his alleged efforts to overturn the results of the 2020 presidential election. Trump was charged with conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, obstruction …
Read More »Israel’s slippery slope
COMMENT | NOURIEL ROUBINI | My current visit to Israel has coincided with a period of unprecedented political turmoil. A radical right-wing government’s package of legislation to disempower the judiciary has started to be adopted, leading many to worry that this great country’s robust liberal democracy is being eroded. Since Israel …
Read More »Israeli researchers develop RNA-based drug to destroy cancer cells in bone marrow
Jerusalem, Israel | Xinhua | Israeli researchers managed to destroy myeloma blood cancer cells using an RNA-based drug delivered to the cells by targeted lipid nanoparticles, Tel Aviv University said in a statement on Sunday. Adopting this method for “the world’s first time,” researchers destroyed 90 percent of the multiple …
Read More »Russian navy to receive 30 new ships this year: Putin
St Petersburg, Russia | Xinhua | The Russian navy will receive 30 new ships in 2023 as the country continues strengthening its naval forces, Russian President Vladimir Putin said here Sunday. Putin made the remark at the main naval parade being held in honor of Russian Navy Day. He said 30 …
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