News
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China's Xi calls for stronger fintech oversight, security
Xi called for efforts to improve regulations, strengthen institutional weak links, ensure the security of payment and financial infrastructure, and guard against and defuse potential systemic financial risks
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At least 1,000 dead in Afghanistan earthquake, with fear toll will rise
The 5.9-magnitude quake struck hardest in the rugged east, where people already lead hardscrabble lives in the grip of a humanitarian crisis made worse since the Taliban takeover in August
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Short hair, don't care: Saudi working women embrace cropped locks
The haircut—known locally by the English word "boy"—has become strikingly visible on the streets of the capital, and not just because women are no longer required to wear hijab headscarves under social reforms pushed by Crown Prince Mohammed bin Salman
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Workers in Chile strike at world's largest copper producer
The Copper Workers Federation said the strike will cost Codelco—which produces around eight percent of the world's copper amounting to 10-15 percent of Chile's GDP—$20 million a day
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Drivers' lawsuit claims Uber, Lyft violate antitrust laws
In their complaint seeking a class action suit, three drivers claim that Uber and Lyft, while treating them as independent contractors, have not truly given them independence and are trying to avoid giving drivers the benefits and protections of employment status while setting restrictions on the way they work
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Why the Russian ruble keeps rising
The outlook for the Russian economy is gloomy, with double-digit inflation and predections of a deep recession. However, capital controls imposed by its central bank, including those that forced exporters to exchange some of their earnings into rubles, have increased demand for the Russian currency taking it to a 7-year high
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US to drastically reduce nicotine content in cigarettes: reports
If successful, the policy could save millions of lives by the end of the century, and shape a future where cigarettes are no longer responsible for addiction and debilitating disease
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No petrol, no cars: Why Cubans are turning to electric transport
As fuel shortages and US sanctions take their toll, and even though electricity generation can be spotty, Cubans are turning to smaller, cheaper, plug-in electric alternatives
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Warming climate upends Arctic mining town
In Svalbard, climate change has meant shorter winters; temperatures that yo-yo; more frequent precipitation, increasingly in the form of rain; and thawing permafrost—all conditions that increase the risk of avalanches and landslides
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Forced labour found in China's lithium battery supply chain
China produces three-quarters of the world's lithium ion batteries, and almost all the metals needed to make them are processed there. Here, red flags of forced labour have been found, where the Communist authorities have detained or imprisoned more than 1 million Uyghurs, ethnic Kazakhs and members of other largely Muslim minorities
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Russia becomes China's biggest crude oil supplier as Europe cuts imports
The volume of Russia's crude oil exports to China grew by 28% from the previous month, hitting a record level for its trade with China