AFP

China’s Xi urges ‘strategic’ ties in talks with Germany’s Scholz

Chinese leader Xi Jinping called for Beijing and Berlin to develop ties with a “strategic” and “long-term” perspective Tuesday as he met with German Chancellor Olaf Scholz in Rio de Janeiro, state media said.”China and Germany are both major countries with significant influence,” Xi told Scholz on the sidelines of the G20 summit, according to …

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Stocks diverge on fears of Ukraine-Russia escalation

Stock markets fell in Europe and were mixed on Wall Street as fears of escalation of Russia’s war against Ukraine prompted investors to retreat.Moscow vowed to react “accordingly” after saying Ukraine had fired its first US-made long range missile onto Russian territory after being cleared to do so by US President Joe Biden. “The news rattled …

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Three auto workers dead after incident at Hyundai car factory

Three workers died at a Hyundai car plant on Tuesday, the South Korean automaker told AFP, with local reports suggesting it was an accident during a vehicle performance test.Along with its affiliate Kia, Hyundai is the world’s third-largest automaker, recording more than 4.2 million units in global sales in 2023.”Three research workers have died at …

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European stocks slide on fears of Russia-Ukraine escalation

European stock markets slid Tuesday on fears of escalation in the Russia-Ukraine war after President Vladimir Putin broadened rules on his country’s use of nuclear arms, analysts said. On the 1,000th day of Russia’s offensive on Ukraine, Moscow said it will consider using the weapons against a non-nuclear state if they are supported by nuclear powers.Russia …

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Crisis-hit Thyssenkrupp books another hefty annual loss

German industrial giant Thyssenkrupp reported Tuesday a massive annual loss for the second year running, as it battles challenges including a crisis in its historic steel division.The conglomerate, whose products range from steel to submarines, booked a loss of 1.5 billion euros ($1.6 billion) for the 2023-24 financial year, after a loss of over two …

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Canada foiled Iran plot to assassinate former minister

Canadian authorities recently foiled an alleged Iranian plot to assassinate Irwin Cotler, a former justice minister who has been a strong critic of Tehran, Cotler’s organization said Monday.The 84-year-old was justice minister and attorney general from 2003 to 2006. He retired from politics in 2015 but has remained active with many associations that campaign for …

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