Honda Posts Historic Loss Amid EV Pullback
Honda posted a net loss of 403.3 billion yen, or roughly $2.6 billion, for the fiscal year ending in March.
Breaking News
Kyiv Hit By Deadliest Russian Drone Attack In Months
Ukrainian President Volodymyr Zelensky said Russia fired more than 1,560 drones since Wednesday, along with 56 missiles overnight.
Nvidia’s China Chip Deals Stall Despite U.S. Approval
The approved buyers reportedly include Alibaba, Tencent, ByteDance and JD.com
What New Retail Sales Data Says About The U.S. Economy
Retail sales increased 0.5% in April compared to the previous month, marking the third straight monthly gain.
Health Experts Warn Against Panic Over Hantavirus Outbreak
According to the World Health Organization, 11 cases have been linked to the outbreak, including three deaths.
How China Is Reducing Dependence On Nvidia Chips
Tencent said production of Chinese-designed graphics processing units could rise significantly this year. According to company executives, supply from manufacturers in China and nearby countries is increasing steadily.
Trump-Xi Summit: Bessent Says U.S. Leads AI Race
According to CNBC, the discussions are aimed at preventing powerful AI systems from falling into the hands of non-state actors. Bessent also pointed to rapid advances expected from American firms such as OpenAI and Google.
Why Did Xi Warn Trump About Taiwan At Beijing Summit
The warning came during a two-day summit focused on trade, Taiwan, Iran and global security. Reuters reported that the meeting lasted more than two hours and included discussions on maintaining the fragile trade truce reached last year.
Jensen Huang Says Trump Personally Asked Him To Join China Trip
Speaking to reporters in Beijing, Huang described the summit as “one of the most important” diplomatic meetings in modern history.
What Dominated High-stakes Trump-Xi Talks
A White House official said both leaders agreed the Strait of Hormuz should remain open to protect global energy flows.
What Is Russia’s ‘Satan II’ Nuclear-Capable Missile
The Sarmat intercontinental ballistic missile is designed to replace Russia’s aging Soviet-era SS-18 system. Reports cited by CNN said the missile can carry multiple nuclear warheads and travel more than 10,000 kilometers.
1,700 Cruise Passengers Held Over Illness Outbreak
The ship had departed from Belfast and Liverpool earlier this month for a scheduled cruise around France and Spain. Health officials in Gironde said nearly 50 passengers showed symptoms consistent with gastroenteritis.
Putin Expands World’s Largest Drone Factory
Russia is expanding the world’s largest Shahed-style drone factory – the Alabuga Special Economic Zone (SEZ) – amid a surge in weapons exports to Iran for its military.
Who Could Replace Keir Starmer As Britain’s Prime Minister?
British Prime Minister Keir Starmer is under pressure to resign after more than 80 lawmakers in his Labour Party call on him to go.
What Led The Court To Order A New Murdaugh Trial
In a unanimous 5-0 decision, the court ruled that former county clerk Becky Hill improperly influenced jurors during the high-profile trial. The justices said the court had “no choice” but to reverse the convictions because of Hill’s external influence on the jury.
Why Pete Hegseth’s China Trip Matters For U.S.-China Ties
Defense Secretary Pete Hegseth joining President Donald Trump on the Beijing trip is being viewed as a signal that Washington and Beijing want stronger military communication channels to avoid future crises, according to analysts cited in the report.