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Sat, Jul 25 11:23 AM

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Page 2 of 5118 headlines

BusinessGuardian International1d ago

Mass job cuts loom at VW as profits fall steeply on China sales slump

Carmaker expects to sell 3% fewer vehicles this year as it pushes through a programme that could eliminate 100,000 roles Volkswagen has reported a steep fall in profits and cut its revenue forecast amid a sales slump in China, as the German carmaker pushes through a brutal cost-cutting programme ...

FinanceBloomberg Markets1d ago

Tanker Exits Red Sea Dark as China Ship Heads Toward Strait

A Greek tanker carrying Saudi crude exited the Red Sea with its transponder off, while another Chinese vessel and Russian cargoes headed toward the Bab el-Mandeb strait, after Houthi attacks heightened risks.

WorldSCMP1d ago

China’s 15th five-year plan for renewable energy development

China unveiled its 15th five-year plan for renewable energy on Thursday. Below are the key targets outlined in the blueprint, which was released jointly by the National Development and Reform Commission and National Energy Administration.

WorldSCMP1d ago

Nobel economist on anti-China, anti-science US, AI’s risks

Simon Johnson is a professor of entrepreneurship at the Massachusetts Institute of Technology (MIT). A former chief economist of the International Monetary Fund (IMF), he won a joint Nobel Prize for economics in 2024 for his research into how institutions shape national prosperity. On June 8, t...

WorldSCMP1d ago

China targets new space-based computing network to process data born in orbit

China has unveiled its latest ambitious space-based computing network designed to process satellite data in orbit using AI before sending the results to Earth. Xingshu, or “Star Hub”, will eventually comprise around 1,000 satellites, according to Chi Nan, an optical communications professor at F...

WorldSCMP1d ago

More Americans think China is world leader in AI, new survey reveals

More than one-third of Americans see China, and not the United States, as the global leader in artificial intelligence (AI), according to a Pew Research Centre survey released on Thursday, as US President Donald Trump confirmed the technology would be on the agenda when his Chinese counterpart vi...