Four people were killed and three others were wounded in an early Saturday shooting during a party at a home in northern Kentucky, police said. The shooting suspect later died after fleeing the home and leading police on a vehicle pursuit that ended with the suspect’s car falling into a …
Read More »China cognac probe is a reaction to EU car tariffs, says Hennessy owner LVMH
China’s anti-dumping probe into Europe’s cognac industry is a tit-for-tat reaction to European Union tariffs on Chinese electric vehicles, the finance chief at Hennessy cognac owner LVMH said on Saturday. China announced plans on Friday for a hearing on European brandy imports, ramping up tension on the same day the …
Read More »China’s BYD acquires 20% stake in Thai dealer Rever Automotive
China’s BYD will acquire a 20% stake in its local distributor Rever Automotive in Thailand, its largest market outside of China where it is an electric vehicle market leader, the companies said Saturday. The Shenzhen-based automaker opened its first factory in Southeast Asia in Thailand this week. The $490 million …
Read More »France detains six over racist messages against singer Nakamura: prosecutors
French authorities temporarily detained six people in an investigation into racist abuse against superstar Franco-Malian singer Aya Nakamura after reports she might sing at the Olympics opening ceremony, prosecutors said Friday. Franco-Malian singer Aya Nakamura. Photo from Nakamura’s Instagram The six were detained on Tuesday after being “identified in the …
Read More »Biden congratulates new British PM Keir Starmer
US President Joe Biden on Friday spoke to new British Prime Minister Keir Starmer, congratulating him on the center-left Labour party’s landslide general election victory. President of the U.S. Joe Biden delivers remarks at a campaign rally at Sherman Middle School in Madison, Wisconsin, United States on July 5, 2024. …
Read More »Cathay Pacific to buy back remaining 50% of HK government’s preference shares
Hong Kong’s Cathay Pacific Airways will buy back the remaining 50% of preference shares that were issued to the Hong Kong SAR Government on July 31, the company said on Friday. An aircraft from Cathay Pacific. Photo from Cathay Pacific Twitter Cathay said it will pay any remaining unpaid preference …
Read More »UK’s Labor sweeps to power as Sunak concedes election
Keir Starmer will be Britain’s next prime minister with his centre-left Labor Party expected to win a huge majority in a parliamentary election, ending 14 years of often tumultuous Conservative government by trouncing Rishi Sunak’s party. With many results still to be announced from Thursday’s vote, center-left Labor has already …
Read More »Man who stabbed South Korea opposition leader jailed for 15 years
The 67-year-old man who stabbed the leader of South Korea’s opposition Democratic Party in January was sentenced to 15 years in prison by a court on Friday, the Yonhap news agency reported. In a sentencing hearing at the Busan District Court, a judge said the crime which took place ahead …
Read More »Pakistan blocks 210,000 SIM cards to encourage tax payment
Pakistan’s tax authority said Thursday it has blocked 210,000 SIM cards of users who have not filed tax returns in a bid to widen the revenue bracket. Only 5.2 million people of the more than 240 million population filed income tax returns in 2022. The Federal Board of Revenue (FBR) …
Read More »China’s BYD inaugurates first plant in Thailand as it expands reach into Southeast Asia
Chinese automaker BYD inaugurated its first electric vehicle plant in Thailand on Thursday, part of the company’s push into Southeast Asia while it also tackles wealthier markets in the U.S. and Europe. The factory’s opening comes on the same day that the European Union is expected to begin imposing higher …
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