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Business

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GM joins Ford in pulling back from EVs after tax credit exit
GM joins Ford in pulling back from EVs after tax credit exit

DETROIT, Michigan: General Motors is rolling back part of its electric-vehicle push, booking a US$6 billion writedown as weaker demand...

Ice shows to wine tastings: retailers rethink survival strategy
Ice shows to wine tastings: retailers rethink survival strategy

NEW YORK CITY, New York: From New York to Paris, department stores are remaking themselves as destinations for experiences rather than...

Brussels opts for voluntary framework for tech giants, sources say
Brussels opts for voluntary framework for tech giants, sources say

BRUSSELS, Belgium: Europe's biggest technology companies are set to avoid more onerous, binding obligations under the European Union's...

China’s second ‘AI tiger’ MiniMax jumps 78 percent on market debut
China’s second ‘AI tiger’ MiniMax jumps 78 percent on market debut

SINGAPORE/HONG KONG/BEIJING: MiniMax Group burst onto the Hong Kong's stock exchange on January 9 with a blockbuster debut, underscoring...

Apple taps JPMorgan as new card issuer in major banking shift
Apple taps JPMorgan as new card issuer in major banking shift

CUPERTINO, California: Apple has chosen JPMorgan Chase as the next issuer of its Apple Card, ending Goldman Sachs' role in the partnership...

Tractors choke Paris as farmers protest EU-South America deal
Tractors choke Paris as farmers protest EU-South America deal

PARIS, France: French farmers blocked key roads and landmarks in Paris before dawn on January 8, escalating protests against a planned...

Africa

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Somalia denounces visit by Israeli foreign minister to Somaliland
Somalia denounces visit by Israeli foreign minister to Somaliland

NAIROBI/JERUSALEM: Somalia denounced a trip by Israeli Foreign Minister Gideon Saar to Somaliland on January 6, 10 days after Israel...

Gunmen kill 30 villagers in northern Nigeria, abduct others
Gunmen kill 30 villagers in northern Nigeria, abduct others

MINNA, Nigeria: In the latest attack reported from the conflict-hit region, gunmen raided a village in northern Nigeria's Niger state...

SA20: Capitals and MI Cape Town set for crunch encounter in season 4 playoff quest
SA20: Capitals and MI Cape Town set for crunch encounter in season 4 playoff quest

New Delhi [India], January 12 (ANI): North meets South at Centurion on Monday evening in a pivotal clash in the quest for a place in...

SRI LANKA-FM-CHINA-WANG YI-MEETING
SRI LANKA-FM-CHINA-WANG YI-MEETING

(260112) -- COLOMBO, Jan. 12, 2026 (Xinhua) -- Chinese Foreign Minister Wang Yi, also a member of the Political Bureau of the Communist...

Column: China's diplomacy with Global South -- respect and new opportunity for development
Column: China's diplomacy with Global South -- respect and new opportunity for development

China's stance, expressed both in words and deeds, resonates strongly with many Global South nations that view China as a partner willing...

South African president warns against bullies
South African president warns against bullies

President Ramaphosa says the values of human solidarity and social justice are under attack worldwide South African President Cyril...