Chery and BYD face $53 million repayment after audit questions Chinese green-car subsidies
Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government au...
Ukraine's parliament will hold a vote on May 8 to ratify a minerals deal signed with the United States earlier this week, a lawmaker said on Friday, while two other documents pertaining to the agreement will not need to be ratified.
Ukraine and the U.S. signed a deal on Wednesday that will give the United States preferential access to new investments in extraction of Ukraine's natural resources, and fund investment in Ukraine's reconstruction.
The accord, heavily promoted by U.S. President Donald Trump, is central to Kyiv's efforts to mend ties with the White House, its main military backer in its war against Russian invasion. The ties had frayed after Trump took office in January.
Lawmaker Yaroslav Zheleznyak published the date of the upcoming ratification vote on the Telegram messaging app.
He also cited Prime Minister Denys Shmyhal as telling parliament on Friday that two of the documents related to the deal covered its implementation and would not need to be ratified by lawmakers.
Ukraine's cabinet registered a bill to ratify the minerals deal with the U.S. late on Thursday, according to the parliamentary database.
Ukraine aims to ratify it within the next few weeks, First Deputy Prime Minister Yulia Svyrydenko said on Thursday.
"We want to ratify it as soon as possible. So we plan to do it within the coming weeks," she told an online briefing.
Zheleznyak said that Prime Minister had told parliament that the two additional documents cover details of implementation and will not need a parliamentary vote to ratify them.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
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