Modi’s chip-making plan fails as companies struggle to find tech partners

Modi’s chip-making plan fails as companies struggle to find tech partners

(1/2) Visitors stand next to a ‘Make In India’ logo during a three-day semiconductor event in Bangalore, India April 30, 2022. REUTERS/Munsif Vengattil/File Photo India’s Modi wants to turn the country into a chip manufacturing hub Companies struggle to move forward with source plans Intel-Tower deal blocks chip plans from consortium-sources The mega Vedanta-Foxconn JV … Read more

North Korea promises another spy satellite launch attempt

North Korea promises another spy satellite launch attempt

(1/3) A still photograph shows what appears to be North Korea’s new Chollima-1 rocket launched in Cholsan County, North Korea on May 31, 2023 in this image released by Korea Central News Agency. North and taken from a video. KCNA via REUTERS SEOUL, June 1 (Reuters) – North Korea’s Kim Yo Jong, sister of leader … Read more

Russia reports attacks on oil refineries and town near border with Ukraine

Russia reports attacks on oil refineries and town near border with Ukraine

Five killed in Luhansk village – Moscow-backed official Four injured in Ukrainian shelling of border town governor Refinery strikes latest attacks on Russian infrastructure MOSCOW/KIEV, May 31 (Reuters) – Russia said Ukrainian artillery struck a Russian city for the third time this week and drones hit two oil refineries in a spike in attacks on … Read more

Exclusive: UN attempts to save Black Sea grains deal with ‘mutually beneficial’ proposal

Exclusive: UN attempts to save Black Sea grains deal with ‘mutually beneficial’ proposal

KYIV, May 31 (Reuters) – The UN has proposed that Kiev, Moscow and Ankara begin preparatory work for the transit of Russian ammonia through Ukraine as it tries to salvage a deal allowing safe grain exports of the Black Sea, said a source familiar with the talks. Wednesday. As preparatory work begins, the UN wants … Read more

Elon Musk visits Chinese ministries of commerce and industry

Elon Musk visits Chinese ministries of commerce and industry

(1/3) Tesla Chief Executive Elon Musk stands near Chinese Minister of Commerce Wang Wentao before leaving the Chinese Ministry of Commerce in Beijing, China May 31, 2023. REUTERS/Tingshu Wang BEIJING, May 31 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk kicked off his second day in China with visits to the country’s Commerce Ministry and … Read more

US Imposes Sanctions on Chinese, Mexican Entities in Fentanyl Action

US Imposes Sanctions on Chinese, Mexican Entities in Fentanyl Action

WASHINGTON, May 30 (Reuters) – The United States on Tuesday imposed sanctions on 17 individuals and entities based in China and Mexico that it accused of enabling the production of counterfeit pills containing fentanyl, as the administration Biden seeks to stem imports of the deadly drug. . The Treasury Department said it imposed sanctions on … Read more

Chinese factory activity falls faster than expected as recovery stumbles

Chinese factory activity falls faster than expected as recovery stumbles

The manufacturing PMI drops unexpectedly Non-manufacturing PMI drops, showing slowdown in services PMI indices show that the economic recovery is running out of steam Markets skid on weak PMI BEIJING, May 31 (Reuters) – Chinese factory activity contracted faster than expected in May due to weaker demand, putting pressure on policymakers to shore up an … Read more

Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar

Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar

SHENZHEN, China, May 31 (Reuters) – For the ambitious Chinese tech entrepreneur, expanding into the United States is becoming increasingly difficult. Prior to 2019, there were few major barriers to a Chinese company doing business in the United States from China. But amid escalating trade tensions between the United States and China, particularly after Washington … Read more

North Korea launches space satellite; warnings lifted in South Korea and Japan

North Korea launches space satellite;  warnings lifted in South Korea and Japan

SEOUL/TOKYO, May 31 (Reuters) – North Korea launched what it calls a space satellite southwards on Wednesday, the South Korean military said, triggering emergency alerts and brief warnings of evacuation in parts of South Korea and Japan. North Korea had said it would launch its first military reconnaissance satellite between May 31 and June 11 … Read more

War in Ukraine comes to Moscow as both capitals hit by drones

War in Ukraine comes to Moscow as both capitals hit by drones

Two wounded in Moscow, one dead in the kyiv attacks The worst raid on the Russian capital since the world war – politician Ukraine suffers 17 airstrikes in May MOSCOW/KIEV, May 30 (Reuters) – Ukrainian drones struck Moscow on Tuesday but were neutralized, Russia said in what a politician called the worst attack on the … Read more