Fire at airport cargo complex disrupts Bangladesh’s garment exports
A large fire at the import cargo complex of Dhaka airport has caused significant damage to goods and materials belonging to key garment exporters, wit...
China confirmed on Monday that it will host a high-level summit with the European Union in Beijing this week to mark 50 years of diplomatic relations. The summit aims to address ongoing trade disputes amid global trade uncertainties.
European Commission President Ursula von der Leyen and European Council President Antonio Costa are scheduled to visit China on Thursday, where they will meet with Chinese President Xi Jinping, as announced by the Chinese Foreign Ministry.
China's Premier Li Qiang will co-chair the 25th China-EU summit alongside the EU leaders on the same day.
The meeting comes as global trade tensions rise, with China seeking to strengthen economic and political ties with the EU to mitigate risks in its relationship with the United States.
EU-China relations have been strained since 2021, when Brussels imposed sanctions on Chinese officials over alleged human rights violations in Xinjiang, leading to retaliatory sanctions from Beijing that halted much of their bilateral exchanges.
Trade disputes between the two sides have also been contentious in recent years, particularly concerning Chinese electric vehicles, European brandy and pork, government procurement of medical devices, and rare earths.
The summit is seen as crucial for addressing these issues, according to Chinese Foreign Ministry spokesperson Guo Jiakun, who expressed hope for cooperation between the two parties.
"China believes that after 50 years of development, China-EU relations are mature and stable, though facing challenges," he said.
In a recent speech, von der Leyen acknowledged China's economic achievements but criticized the country for flooding global markets with excess capacity, restricting access to its market, and effectively supporting Russia's war economy.
The EU, which views China as both a partner for cooperation and an economic competitor, has emphasized the importance of improving relations amid global trade uncertainties. Following U.S. President Donald Trump's announcement of new tariffs in April, von der Leyen told Premier Li in a phone call that the EU and China share the responsibility to support a fair, free, and reformed global trading system.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
A large fire at the import cargo complex of Dhaka airport has caused significant damage to goods and materials belonging to key garment exporters, with losses and impacts on trade potentially amounting to millions of dollars, according to industry leaders on Sunday.
The Orenburg gas processing plant, the world's largest facility of its kind, has been forced to halt its intake of gas from Kazakhstan following a Ukrainian drone strike, according to Kazakhstan's energy ministry.
The Louvre Museum in Paris was closed on Sunday after thieves broke in and stole “priceless” jewellery from the Napoleon collection, the French government said.
Former French president Nicolas Sarkozy said he is not afraid of going to prison, days before beginning a five-year sentence over his 2007 campaign financing case linked to Libya.
Millions of Americans took to the streets for “No Kings” rallies across all 50 states, denouncing what they called the corruption and authoritarianism of President Donald Trump.
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