Canada's energy regulator orders TC Energy gas pipeline to cut pressure further

KameraOne
Fisherman discover 'smallest island in the world' in Indonesia
Fishermen off the coast of Sumatra in Indonesia could hardly believe their eyes: a tiny island was floating in the middle of the ocean. The mini-island was just four square meters in size.
Reuters
Malaysia targets over $100 billion in semiconductor industry investment
KUALA LUMPUR (Reuters) -Malaysia is targeting at least 500 billion ringgit ($107 billion) in investment for its semiconductor industry, Prime Minister Anwar Ibrahim said on Tuesday, as the Southeast Asian country looks to position itself as a global manufacturing hub. Malaysia is a major player in the semiconductor industry, accounting for 13% of global testing and packaging. It has attracted multibillion-dollar investments from leading firms in recent years, including Intel and Infineon.
Reuters
BYD unveils new hybrid tech as battle with gasoline rivals heats up
SHANGHAI (Reuters) -China's BYD launched on Tuesday the latest version of a plug-in hybrid technology that improves fuel and cost savings, intensifying competition with the likes of Toyota and Volkswagen that still sell mainly gasoline cars. BYD's chairman Wang Chuanfu unveiled the fifth generation of the hybrid technology that achieves a record low fuel consumption of 2.9 litres per 100 km (62.1 miles) on depleted batteries at an event in Shaanxi province's capital Xian. With a fully charged battery and a full gasoline tank, the technology can ensure a driving range of 2,100 kilometers, Wang said in the city where the company's first automaking factory was located.
People
Bear Kept in Tiny Indoor Cage Sees the Outdoors for the First Time in 20 Years During His Rescue
Chinh the moon bear is now focused on relaxation and rehabilitation at FOUR PAWS' sanctuary in Vietnam
Reuters
Chinese industry to seek probe into EU pork imports, Global Times reports
BEIJING (Reuters) -Chinese companies plan to request that authorities open an anti-dumping investigation into imports of some pork products from the European Union, the state-backed Global Times newspaper reported on Saturday, citing an unidentified "business insider". China imported a total of 1.55 million metric tons of pork in 2023 with the EU accounting for more than half of the total, customs data showed. The report comes as trade tensions between the EU and China intensify, with the EU conducting investigations into various imports from China to protect home-grown manufacturers.
GOBankingRates
I Started Investing in My 50s: 5 Things I Did To Retire by 65
Experts generally recommend that retirement planning should start as early as possible, but it's never too late to start saving. Still, saving for retirement has been difficult for many Americans due...
BBC
Australian scientists discover ancient 'echidnapus'
The species is believed to be related to the platypus and echidna, which are the only living monotremes.
The Independent
Memorial Day swimmers beware! New England Aquarium warns white sharks circling Massachusetts waters
Great white sharks are returning to Cape Cod, and authorities are warning people flocking to the beach over the holiday weekend
BBC
Zoo welcomes Arctic fox cubs for first time
The cubs emerged from an underground burrow within the zoo.
AFP News
Philippines deploys river rangers in battle against plastic
Using a long-handled net, Ronnel Narvas scoops up discarded plastic soft drink bottles, shopping bags and palm-sized sachets as he wades through a foul-smelling tributary in the Philippine capital Manila.It said the Pasig river, which flows through the capital and into Manila Bay, is the "most polluting" in the world.
Reuters
Brazil surpasses Belgium as top export market for Chinese EVs, hybrids, data shows
Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid European Union's anti-subsidy probe into Chinese electric vehicles. Exports of pure electric and plug-in hybrid cars to Brazil soared 13-fold year-on-year to 40,163 units in April, making it the biggest export market for a second straight month, according to data from the China Passenger Car Association (CPCA).
Reuters
Analysis-US tariffs on Chinese medical imports face industry doubt as alternative suppliers emerge
Higher U.S. tariffs on medical gloves, syringes and face masks from China are unlikely to make U.S. producers more competitive, as other low-cost suppliers are expected to rush in to fill the gap, industry executives said. Earlier this month, Washington announced steep tariff hikes on an array of Chinese imports including medical goods as part of a broader strategy to fuel domestic production and safeguard against supply shortages seen during the COVID-19 pandemic. But industry executives argue tariffs are unlikely to boost the competitiveness of local producers, as Chinese firms could reroute shipments via overseas supply chains, and suppliers from other countries such as Malaysia could seize this opportunity.
Reuters
Post-COVID, China is back in Africa and doubling down on minerals
China's flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus, according to a Reuters analysis of lending, investment and trade data. Chinese leaders have been citing the billions of dollars committed to new construction projects and record two-way trade as evidence of their commitment to assist with the continent's modernisation and foster "win-win" cooperation. But the data reveals a more complex relationship, one that is still largely extractive and has so far failed to live up to some of Beijing's rhetoric about the Belt and Road Initiative, President Xi Jinping's strategy to build an infrastructure network connecting China to the world.
AFP News
Oil rises, stock markets mixed before key inflation data
Oil prices rose Tuesday on tensions in the Middle East while stock markets wavered as investors awaited key inflation data later this week. "Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off as the focus shifts to a plethora of economic data that is released this week," said XTB research director Kathleen Brooks.
The Guardian
Threatened species and chips? Other fish frequently sold as flake, Australian study finds
Scalloped hammerhead and greeneye spurdog among at-risk shark discovered in genetic testing of fillets
Yahoo News Canada
Canada grocery inflation: Amid rising prices, grocery store workers face increasing abuse from customers
Amid inflation and pandemic-era restrictions, customers at grocery stores are growing increasingly irate — and taking it out on helpless, minimum-wage workers who have little recourse for protection.
Reuters
Apple's iPhone sales in China jump 52% in April, data shows
Apple's smartphone shipments in China rose 52% in April from a year ago, extending a rebound seen in March, according to data from a research firm affiliated the Chinese government. The jump follows a weak performance by the U.S. tech giant in the world's biggest smartphone market earlier this year amid intensifying competition in the high-end smartphone category from local rivals like Huawei. Shipments of foreign-branded phones in China increased by 52% in April to 3.495 million units from 2.301 million a year earlier, data from the China Academy of Information and Communications Technology (CAICT) showed on Tuesday.
Fortune
Elon Musk earns praise from Nvidia co-founder Jensen Huang ahead of shareholder vote on pay package—‘Tesla is far ahead in self-driving cars’
The ringing endorsement from Huang comes amid Musk's recent pivot to AI as the Tesla boss quietly scrapped his vision of growing volumes over tenfold to 20 million EVs a year by 2030.
GOBankingRates
I’m a Retirement Expert: 5 Things I Plan To Do in the 5 Years Leading Up to Retirement
Having a solid plan can keep you on track for your retirement goals, but just because you have one now doesn't mean you never need to update it. In fact, if you want to ensure you can retire on your...
Reuters
Exclusive-India's Reliance to buy Russian oil in roubles, sources say
India's Reliance Industries, operator of the world's biggest refining complex, has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles, four sources aware of the matter told Reuters. The shift to rouble payments follows Russian President Vladimir Putin's push for Moscow and its trading partners to find alternatives to the Western financial system to facilitate trade despite U.S. and European sanctions. A term deal with Rosneft also helps privately run Reliance to secure oil at discounted rates at a time when the OPEC+ group of oil producers is expected to extend voluntary supply cuts beyond June.

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Canada's energy regulator orders TC Energy gas pipeline to cut pressure further

Latest stories

Fisherman discover 'smallest island in the world' in Indonesia

Malaysia targets over $100 billion in semiconductor industry investment

BYD unveils new hybrid tech as battle with gasoline rivals heats up

Bear Kept in Tiny Indoor Cage Sees the Outdoors for the First Time in 20 Years During His Rescue

Chinese industry to seek probe into EU pork imports, Global Times reports

I Started Investing in My 50s: 5 Things I Did To Retire by 65

Australian scientists discover ancient 'echidnapus'

Memorial Day swimmers beware! New England Aquarium warns white sharks circling Massachusetts waters

Zoo welcomes Arctic fox cubs for first time

Philippines deploys river rangers in battle against plastic

Brazil surpasses Belgium as top export market for Chinese EVs, hybrids, data shows

Analysis-US tariffs on Chinese medical imports face industry doubt as alternative suppliers emerge

Post-COVID, China is back in Africa and doubling down on minerals

Oil rises, stock markets mixed before key inflation data

Threatened species and chips? Other fish frequently sold as flake, Australian study finds

Canada grocery inflation: Amid rising prices, grocery store workers face increasing abuse from customers

Apple's iPhone sales in China jump 52% in April, data shows

Elon Musk earns praise from Nvidia co-founder Jensen Huang ahead of shareholder vote on pay package—‘Tesla is far ahead in self-driving cars’

I’m a Retirement Expert: 5 Things I Plan To Do in the 5 Years Leading Up to Retirement

Exclusive-India's Reliance to buy Russian oil in roubles, sources say