China's State Council released a blueprint with 15 flagship programs to build the nation into an education powerhouse. The plan emphasizes vocational training, science and engineering, and global doctoral training centers to support economic and social development.
Andy Burnham, ending his nine-year tenure as mayor of Manchester, plans to establish "No 10 North" in the city to oversee UK-wide devolution of power and resources. He has appointed Caroline Simpson to lead this initiative, aiming to implement his vision of "Manchesterism".
Short sellers are increasing their bearish bets on Chinese toymaker Pop Mart, with short interest rising to 12.67%. Despite a recent share price recovery, the stock remains significantly down from its peak, making short sellers' positions increasingly risky.
French retailer Decathlon and Chinese investment group BA Capital have acquired stakes in British folding bike maker Brompton for an estimated £18m. The investment aims to fund expansion, leverage market knowledge, and provide liquidity for long-term shareholders, as the cycling market recovers from a post-pandemic slump.
Political philosopher Iason Gabriel joined DeepMind in 2017 to address AI's ethical implications, bridging the divide between AI safety and AI ethics. His work anticipated challenges like algorithmic bias and the need for value alignment in a pluralistic world.
The European Investment Bank (EIB) announced a €3 billion loan to Airbus, its largest commercial loan to date, to fund research and development in commercial aviation and defense sectors through 2030. This move supports the EU's goal of bolstering its manufacturing and technological autonomy against US and Chinese competition.
The CLARITY Act, aiming to regulate cryptocurrencies, faces an uncertain path in the US Congress due to President Trump's veto threats and impending summer breaks, despite Senate committee approvals.
Volkswagen plans to cut 100,000 jobs and close four German plants, sparking strong opposition from German political leaders and unions who hold significant power on the company's supervisory board. The move highlights the struggles of Germany's manufacturing sector amid global competition and economic downturn, potentially creating a political crisis for Chancellor Friedrich Merz's government.
Micron Technology shares dropped 18% from their 52-week high after strong earnings, leading to mixed options trading. While some traders bought Micron calls, bearish sentiment dominated the SMH ETF, contrasting with bullish activity in Seagate, Western Digital, and DRAM ETF following positive analyst coverage for the former two.
Andy Burnham, a contender to replace Keir Starmer as Prime Minister, unveiled his vision for the UK, proposing a 'No 10 North' and committing to the largest power rebalancing in the country's history during his first major policy speech.
Ford rehires over 300 veteran quality inspectors due to AI's inability to match human skills in quality checks, despite initial adoption for cost and productivity gains.
Shanghai-listed Piotech plans to acquire a controlling stake in Wuxi Shangji Semiconductor. The deal, funded by share issuance and cash, aims to expand Piotech's offerings beyond thin-film deposition and wafer-bonding technologies.
UK holidaymakers are warned to verify accommodations via reverse image searches and online maps to avoid scams, as research shows a third of travelers have seen an increase in potential travel scams on social media, exacerbated by late bookings due to the Iran war uncertainty.
台湾计划年底前完成整合空防智慧系统，若获得额外资金，军方将于明年部署。该系统集成寰展计划和强弓导弹防御计划，采用AI辅助决策，能自动分配拦截导弹。然而，立法审查中遭到对手党派削减36.1亿新台币预算，部署计划或将延迟。
The Bank for International Settlements (BIS) warns that stablecoins could fragment the global monetary system, urging the development of tokenized central and commercial bank money as a safer alternative, while also criticizing public blockchains like Bitcoin and Ethereum for scalability and governance issues.
Telegram's ban in India due to NEET exam leak controversy raises questions about its role in the country's shadow educational economy, copyright infringement, and the balance between intellectual property protection and student accessibility to educational resources.
While taxing billionaires' wealth might seem appealing, California's proposed one-time 5% tax on fortunes over $1bn may not be the most effective solution. Instead, closing loopholes in the current tax system, restoring fairness to income taxation, and reforming the estate tax could generate more revenue without the practical and political risks associated with wealth taxes.
Stablecoin demand shows signs of cooling with a 54% drop in search interest and a 2.5% decline in market cap, yet institutional integration through payment and treasury systems may sustain growth.
Basic, a Chinese SiC device manufacturer founded in 2016, prepares for its public debut, aligning with China's efforts to lead in SiC technology, despite current market oversupply, with anticipated demand growth driven by 800V architectures and data center adoption by 2027-2028.
As tick season intensifies due to climate change, a new Lyme disease vaccine from Pfizer and Valneva may offer protection, but its acceptance among high-risk groups like hunters is uncertain amid vaccine skepticism.
Apple is reportedly lobbying the Trump administration to allow it to purchase memory chips from ChangXin Memory Technologies (CXMT), a Chinese company blacklisted by the Pentagon. This move comes amid a severe memory chip shortage and soaring prices, which have already led Apple to increase prices for its MacBooks and iPads.
Veteran Tamil filmmaker K Bhagyaraj passes away, prompting an outpouring of grief from the film fraternity and Tamil Nadu Chief Minister Vijay, who announced state honours for his funeral, highlighting Bhagyaraj's impactful contributions to Tamil cinema.
China's National People's Congress removed six senior military officers and two political figures, including former Politburo member Ma Xingrui and ex-financial regulator Li Yunze, from their lawmaker positions. This action is seen as part of President Xi Jinping's ongoing anti-corruption campaign targeting the country's establishment.
Veteran filmmaker and actor K. Bhagyaraj, known for blending humor, romance, and family emotions in his films, has died at 73. He began as an assistant director and debuted as a director and lead actor with 'Suvarilladha Chiththirangal' in 1979. Bhagyaraj directed over 25 films and acted in more than 75, also making a mark in Hindi cinema with remakes like 'Aakhree Raasta'.
