China is keeping the door “wide open” for negotiations with the United States on the import duties that the countries have imposed on each other, the Chinese Ministry of Foreign Affairs stated on Wednesday. “China emphasized early on that there are no winners in tariff and trade wars,” ministry spokesman […]
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Oil Cartel OPEC+ Considers Further Postponement Of Oil Production Increase
OPEC+ is considering postponing the planned increase in oil production again, representatives of the oil cartel have told Bloomberg news agency. It would be the fourth time the alliance led by Saudi Arabia and Russia has postponed plans to increase oil production again. OPEC+ first revealed plans to gradually increase […]
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This Year is the Deadliest for Civil Aviation Since 2018
With the recent plane crashes in Kazakhstan and South Korea, 2024 is the deadliest Year for civil aviation since 2018. The number of fatalities on board passenger planes is 318 so far, according to data from aviation analyst Cirium. In 2018, more than 500 people died. Last week, 39 people […]
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US Considers Banning TP-Link Routers Over National Security
US authorities are considering banning Wi-Fi routers from Chinese manufacturer TP-Link, which has been linked to cyberattacks. The Wall Street Journal (WSJ) reported this on Wednesday based on insiders. The sources said authorities are investigating whether the routers pose a risk to national security. The Departments of Commerce, Defense, and […]
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Microsoft’s Next-Generation Data Centers Cool Without Using Water
Microsoft has unveiled a new generation of data centres that no longer use water for cooling, an approach the tech giant says is a major step toward a more sustainable future for the cloud industry. Microsoft claims to be able to provide precise temperature control without water evaporation by using […]
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China Investigates Possible Monopoly of Chip Company Nvidia
China’s market regulator has opened an investigation into Nvidia, the top AI chipmaker suspected of violating anti-monopoly laws in a significant deal in 2020, state broadcaster CCTV reported. The investigation focused on Nvidia’s recent moves and its purchase of Mellanox Technologies four years ago. The Chinese government approved the $7 […]
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Corendon Puts KLM Aside and Flies to Curaçao Itself
Tour operator and aviation chain Corendon will fly to Curaçao itself from November. It does this with aircraft that it leases from the Spanish company World2Fly. Corendon has so far worked with KLM to transport travellers to the Caribbean island but considers it “essential to ensure sufficient flight capacity” because […]
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Global Food Prices are Rising for the First Time in a Year
Global food prices rose for the first time in a year in April. This is reported by the United Nations Agriculture Organization (FAO) based on its calculations. The rise comes as the rampant increase in food costs begins to cool in some countries. The indicator used by the FAO to […]
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Air France Wants State Help to Compete With Chinese Airlines
Airline Air France wants help from the French government to compete with competitors from China. That writes the Bloomberg news agency based on insiders. The Chinese airlines have an advantage because they can fly over Russia, while European airlines have to fly around the country due to sanctions. Air France […]
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Boeing Suffers Losses Due to Problems With Suppliers
Aircraft manufacturer Boeing started the year 2023 with a quarterly loss. In addition, the American group was still experiencing problems with the parts supply, which led to delays and higher costs. At the same time, Boeing announced that it would increase the production rate for its 737 MAX aircraft. A […]