A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin fell Monday as investors took profits after its December rally. The price of the cryptocurrency was recently lower by about 5% at $41,557.62, according to Coinbase, … Read more
A Taiwanese army pilot was offered US$15 million to defect by landing an US-made transport helicopter on a People’s Liberation Army Navy aircraft carrier during a military drill near the island, according to prosecutors. But the scheme fell through after the officer was arrested in August for allegedly spying for Beijing, a Taiwan court has … Read more
The logo of Japanese tech giant Rakuten logo seen at the Mobile World Congress 2019. Paco Freire| SOPA Images | LightRocket via Getty Images Japan’s Rakuten plans to launch its own proprietary artificial intelligence language model, its CEO told CNBC in an interview that aired Monday. It comes as the fintech-to-e-commerce giant looks to join … Read more
China claims almost the entire South China Sea, including waters and islands near the shores of its neighbours, and has ignored an international tribunal ruling that its assertions have no legal basis. It deploys boats to patrol the busy waterway and has built artificial islands that it has militarised to reinforce its claims. Miller said … Read more
The U.S. is running out of miners. More than half the nation’s mining workforce, about 221,000 workers, is expected to retire by 2029, according to the Society for Mining, Metallurgy & Exploration, and the number of candidates willing to fill those slots is shrinking. “Our workforce is aging,” said Bold Baatar, chief executive of copper at … Read more
John Kerry, U.S. special presidential envoy for climate, speaks at a COP28 session between the U.S., China, UAE and Nigeria on the global need to reduce methane emissions in Dubai on Dec. 2, 2023. Sean Gallup | Getty Images News | Getty Images Dubai, UNITED ARAB EMIRATES — U.S. climate envoy John Kerry said countries … Read more
But how long will the reset last? As the systemic divisions underlying US-China relations remain unresolved, people have reason to wonder. For example, Biden stressed that both countries should manage their competition responsibly to prevent it from veering into conflict while Xi wondered aloud “are we adversaries or partners?”. Few would expect the diplomacy between … Read more
The 2024 Fiat 500e. Stellantis DETROIT — Stellantis is resurrecting the all-electric Fiat 500e for the U.S. market, as the automaker begins to release electric vehicles domestically to meet tightening fuel economy regulations. The small city car is expected to first go on sale as a special edition “(500e)RED” model early next year, starting at … Read more
VENEZUELA’S Putin-loving dictator Nicolás Maduro has unveiled a new map that shows two thirds of Guyana under his control. The unpredictable president, 61, is bringing his country closer to the brink of war as he increasingly ramps up threats to snatch his neighbours oil-rich lands. 7 Nicolás Maduro unveiled a map on Friday of a … Read more
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their customers in the middle. More and more companies are reconsidering the viability of hybrid cars and trucks to appease consumer demand and avoid costly penalties … Read more
