Fewer Westerners are working in major Chinese cities as high-paying jobs dry up amid slow economic growth, with living costs and China’s geopolitical tensions with the West also taking their toll. But some of those gaps are being filled by professionals from Southeast Asia, as foreign firms increasingly turn to local or regional talent. Census … Read more
Last Updated:November 09, 2024, 17:18 IST We still get a lot of [liquified natural gas] from Russia, and why not replace it by American LNG, which is cheaper for us and brings down our energy prices, says Ursula von der Leyen. European Commission President Ursula von der Leyen. European Commission President Ursula von der Leyen … Read more
US technology companies have warned Vietnam’s government that a draft law to tighten information-protection rules and limit data transfers abroad would hamper social media platforms and data centre operators from growing their businesses in the Southeast Asian country. The draft law, being discussed in the country’s parliament, is also designed to ease authorities’ access to … Read more
Apple chief executive Tim Cook returned to Beijing on Monday, his second visit to mainland China this year, as speculation swirls over the domestic launch of the US tech giant’s on-device artificial intelligence (AI) system. Cook’s latest visit to the country saw him accompanied by famous Chinese photographer and filmmaker Chen Man, as well as … Read more
In the crater of a semidormant volcano in southwest Colombia is a sacred lake of startling green which used to draw a steady stream of garbage-tossing tourists before indigenous leaders took back control. Ascending the Azufral volcano, which rises to 4,070 metres (13,369ft) in the western Colombian Andes, is not for the faint-hearted. It is … Read more
Prague has introduced a ban on organised pub crawls to reshape its tourism image and address residents’ frustrations. The new regulations, which come into force in November 2024, aim to reduce the number of intoxicated, disruptive tourists—many of whom participate in stag and hen parties—while encouraging more refined, wealthier visitors. The city hopes this move … Read more
Republican presidential candidate Donald Trump said he received a call from Apple CEO Tim Cook over concerns about the financial penalties that have been imposed by the European Union on the iPhone maker. Apple did not respond to a request seeking confirmation of the authenticity of the phone call. European regulators have launched a series of investigations into Big … Read more
Brussels: The leaders of the European Union (EU) and Gulf countries have expressed deep concern over the escalation of tensions in the Middle East, calling for an immediate ceasefire. In the statement issued here on Tuesday after the first summit between the EU and the Gulf Cooperation Council (GCC), which groups Bahrain, Kuwait, Oman, Qatar, … Read more
Tech billionaire Elon Musk’s X platform will not face the EU’s stringent competition rules aimed at keeping digital markets open, the European Commission said on Wednesday. The landmark European Union law forces the world’s biggest digital firms to comply with a set of requirements for how they should behave including giving users more choices in … Read more
ByteDance-owned international short video-platform TikTok has reported total revenue of US$4.6 billion in 2023, an increase of nearly 75 per cent from a year earlier, in markets excluding the United States, Asia and Oceania. TikTok, which has more than 1 billion users worldwide, attributed that rise to “the continued growth of [its] user base”, “enhanced … Read more
