Istanbul hosts landmark AI exhibition, drawing crowds and would-be investors
GITEX AI Türkiye opened in Istanbul on Wednesday, bringing the international technology exhibition network to the country for the first time....
China has escalated its control over vital mineral exports in retaliation to U.S. tariffs, intensifying global supply chain fears as it tightens curbs on rare earths, battery metals, and strategic technologies critical for defence and green energy.
China has intensified its control over key strategic mineral exports in response to U.S. tariffs, raising global concerns over supply chain vulnerabilities. On Friday, Beijing added several rare earth elements to its export control list, signalling its readiness to weaponise its dominance in critical mineral markets.
The restrictions follow a series of curbs introduced since 2023. In February, China required export licences for products related to tungsten, tellurium, bismuth, indium, and molybdenum—metals vital for defence and clean energy industries. January saw proposals to limit technology exports for processing lithium, gallium, and battery components.
Last December, China outright banned exports of antimony, gallium, and germanium to the U.S. These metals are essential for electronics, solar tech, and defence systems. China controls up to 90% of global refining for these elements.
Also in 2023, China restricted graphite exports—critical for electric vehicle batteries—and banned the export of rare earth magnet manufacturing technology. With near-total dominance over rare earths refining, China’s moves are forcing Western firms to rethink sourcing and bolster domestic capabilities.
As trade tensions deepen, these strategic controls could reshape global supply chains and accelerate the race for mineral independence.
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
U.S. Central Command (CENTCOM) said its forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) allegedly launched two ballistic missile attacks against a U.S. Navy warship over the past two days.
Wildfires have broken out in Türkiye’s Antalya province, forcing hundreds of people to evacuate as strong winds fuelled the flames.
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the strikes a response to a U.S. attack on five Iranian tankers.
Volkswagen’s supervisory board has approved a major overhaul aimed at cutting 100,000 jobs by 2030 as the German carmaker battles weaker sales, falling profits and intensifying global competition.
Chinese Premier Li Qiang has called on American companies to expand their presence in China and pledged that Beijing would address their "reasonable concerns," as China looks to stabilise trade ties with Washington ahead of President Xi Jinping's planned visit to the U.S. later this month
Apple is entering a new era as Tim Cook steps down as chief executive after 15 years at the helm, handing the technology giant's leadership to longtime executive John Ternus.
Volkswagen is heading towards a decisive showdown with labour representatives as Germany's largest carmaker weighs sweeping restructuring measures that could lead to factory closures and tens of thousands of job losses.
Online fast-fashion retailer Shein is seeking to raise up to $1.77 billion in a Hong Kong IPO after its valuation fell around 70 per cent from its private-market peak four years ago.
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