The German subsidiary of Russian oil giant Rosneft was placed under trusteeship on Friday, giving Germany’s federal regulator control of the PCK refinery in Schwedt. Rosneft Deutschland, which was previously majority owned by Rosneft, has tested Germany’s resolve to eliminate imports of oil from Russia by the end of the …
Read More »China’s economy perks up but property crisis worsens
China’s economy showed surprising resilience in August, with faster-than-expected growth, shoring up the recovery from the effects of Covid and heatwaves, but a deepening property slump weighed on the outlook. The better-than-expected figures show the world’s second-largest economy is gaining some steam, after narrowly escaping a contraction in the June …
Read More »Adobe to buy Figma in $20 bln bid on future of work that spooks investors
Adobe Inc agreed to acquire Figma for $20 billion, sparking investor concerns about a drop of more than $30 billion in the market value of the Photoshop maker. Adobe Chief Executive Shantanu Narayen hailed Figma’s business as “the future of work” and said there were “tremendous opportunities” in combining it …
Read More »Speeding car crashes into house in northern Vietnam
A car with a “training” sign lost control and crashed into a house in the northern province of Bac Giang, almost hitting two children waiting to cross the street. Speeding car crashes into house in northern Vietnam Speeding car crashes into house
Read More »YouTube, Meta will expand policies, research to fight online extremism
Major tech companies on Thursday committed to taking fresh steps to combat online extremism by removing more violent content and promoting media literacy with young users. U.S. President Joe Biden earlier on Thursday called on Americans to combat racism and extremism during a summit at the White House that gathered …
Read More »Mekong Delta province plans on recreating endangered crane flock
Dong Thap Province in the Mekong Delta is working on a plan to save red-crowned cranes from extinction by creating a new flock with eggs imported from Thailand. Le Quoc Phong, Dong Thap’s Party chief, said within this month, a delegation from the province will travel to Thailand to continue …
Read More »Taiwan factory wall collapses, three killed in central Vietnam
Three people died and six others were injured after a wall collapsed Thursday at a Taiwanese factory under construction in central Vietnam’s Binh Dinh Province. At around 5 p.m., several people were building a Taiwan-invested seafood processing factory at the Nhon Hoa industrial complex when a 10 m high wall …
Read More »Mekong Delta province plans on breeding endangered cranes
Dong Thap Province in the Mekong Delta is working on a plan to save red-crowned cranes from extinction by creating a new flock with eggs imported from Thailand. Le Quoc Phong, Dong Thap’s Party chief, said within this month, a delegation from the province will travel to Thailand to continue …
Read More »Putin says Xi has concern over Ukraine, praises China’s position
Russian President Vladimir Putin on Thursday said he understood that Xi Jinping had questions and concern about the situation in Ukraine but praised China’s leader for what he said was a “balanced” position on the conflict. Russia’s war in Ukraine has killed tens of thousands of people and pushed the …
Read More »Man scams HIV patient out of money
A man told an HIV patient that Australia had a cure, promised successful treatment and then got away with VND4 billion ($169,400). Ho Van Toan was detained by Ho Chi Minh City police on Wednesday for fraud and forging documents. According to the investigation, Toan met Nhan in 2018. When …
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