Chinese President Xi Jinping told CATL on Monday he had mixed feelings about its status as the world’s largest battery maker – remarks that come at a time when the company is rapidly expanding abroad and moving to undercut domestic rivals. After a presentation by CATL Chairman Zeng Yuqun who described how the firm commands […]
Inside Telecom
Britain said it would extend until the end of June the financial guarantee it has provided to ensure UK applicants to the Horizon Europe scientific research programme receive funding while negotiations continue on rejoining the scheme. Under a Brexit trade agreement signed at the end of 2020, Britain negotiated access to a range of EU […]
Negotiators from more than 100 countries completed a U.N. treaty to protect the high seas on Saturday, a long-awaited step that environmental groups say will help reverse marine biodiversity losses and ensure sustainable development. The legally binding pact to conserve and ensure the sustainable use of ocean biodiversity, under discussion for 15 years, was finally […]
For investors living on the digital edge, bitcoin is starting to look a little old-fashioned. Hooked on high growth, some are turning away from the original cryptocurrency – designed as an alternative to regular cash – in favor of its descendants created as native tokens of blockchain platforms that host smart contracts and apps. MarketVector’s […]
BP hasn’t fallen out of love with renewables. It just wants to have more power. CEO Bernard Looney’s pursuit of green energy outstripped all rivals three years ago when he outlined a radical blueprint to move away from fossil fuels. Last month he applied the brakes, slowing BP’s planned cuts in oil and gas and […]
Japan’s new medium-lift rocket failed on its debut flight in space on Tuesday after the launcher’s second-stage engine did not ignite as planned, in a blow to its efforts to cut the cost of accessing space and compete against Elon Musk’s SpaceX. The 57-metre (187 ft) tall H3 rocket, Japan’s first new model in three […]
China plans to splurge to help its chip sector overcome U.S. export curbs, but money can only do so much unless Chinese firms can break from a cycle that hinders innovation and traps them at the low end of the value chain, industry players said. The government has earmarked $140 billion that could include subsidising […]
Australia’s sovereign wealth fund, the Future Fund, is screening its portfolio for Chinese companies at risk of U.S. investment restrictions, its chairman said on Tuesday. The Biden administration plans to ban investments in some Chinese technology firms and increase scrutiny of others, sources have said, as part of its plan to crack down on the […]
U.S. imports of solar panels are finally picking up after months of gridlock stemming from implementation of a new law banning goods made with forced labor, according to two Chinese solar companies. A White House official confirmed the thaw in shipments at an energy conference on Monday, attributing it to clearer rules around complying with […]
Meta Platforms Inc lost a bid on Monday to end a lawsuit in Boston federal court claiming it stole confidential information from artificial-intelligence startup Neural Magic Inc. Meta will have to face a trial over accusations that it took Neural Magic’s “breakthrough” algorithms that enable AI systems to process information more quickly, U.S. District Judge […]