The West shouldn’t assume that China is lagging behind the U.S. and Europe on tech developments, Microsoft’s president and vice-chairman warned. U.S-China tensions in the past few years have centered on the battle between the two nations for tech supremacy, culminating in a slew of export controls on critical technologies. Late last year, China’s Huawei…
India’s top court has said that authorities cannot demolish homes merely because a person has been accused of a crime and has laid down strict guidelines for any such action. The ruling comes in response to a bunch of pleas seeking action against authorities using demolition as a punitive measure against those accused or convicted…
People wait in a line to enter “The Lab,” a “Stranger Things” Netflix series experience in Madrid on June 2, 2022. Beata Zawrzel/ | Nurphoto | Getty Images Netflix’s cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched. The company said Tuesday that more than 50% of…
Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024. Bloomberg | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know,…
Japan is looking to revitalize its semiconductor industry. The Japanese government has unlocked billions of dollars in subsidies for its domestic chip sector. Thicha Studio | Istock | Getty Images Japan has announced a new plan to revitalize the country’s semiconductor and artificial intelligence industries as it works to regain its chip leadership. The proposal…
The US says Israel has not breached American laws on blocking aid supplies, after a 30-day deadline it gave Israel to boost humanitarian aid access in Gaza or risk having some military assistance cut off lapsed. Officials said on Tuesday that Israel has taken a number of steps to address its demands to surge supplies…
Getty Images Delhi was the most polluted capital city in the world in 2023, according to a study People in India’s capital Delhi woke up to a thick layer of smog as the air quality deteriorated to severe levels in the city. Delhi and its neighbouring cities are experiencing pollution levels that are at least…
This picture taken on April 27, 2023 in Toulouse, southwestern France, shows a screen displaying the Meta logo and the European flag. Lionel Bonaventure | Afp | Getty Images Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for European Union users to comply with regulatory demands in the…
US Secretary of State Antony Blinken addresses a press conference in Tel Aviv on January 9, 2024, during his week-long trip aimed at calming tensions across the Middle East, amid continuing battles between Israel and the Palestinian militant group Hamas in Gaza. Alberto Pizzoli | AFP | Getty Images The United States announced Tuesday that…
A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024. Anthony Prieto | Bloomberg | Getty Images Oil prices may see a drastic fall in the event that oil alliance OPEC+ unwinds its existing output cuts, said market watchers who are predicting a bearish year ahead for crude. “There is more fear about…
