Author: Steven Sahiounie

German Chancellor Olaf Scholz has spoken in favor of opening the European market to Chinese automakers as long as they compete “fairly” with other manufacturers.

Samsung has overtaken Apple to reclaim its position as the globe’s top smartphone maker, preliminary data released by the research firm International Data Corporation (IDC) on Sunday showed. The South Korean tech giant lost the top spot to its US rival last year. 

New Western sanctions against Russian metals are a weapon that cuts both ways, Kremlin spokesman Dmitry Peskov has said. The US and UK have targeted Russian-origin aluminum, copper, and nickel, aiming to reduce Moscow’s export revenues.

The UK might not actually confiscate Russia’s immobilized assets despite political pledges to do so because such a step would violate the rule of law and lead to a litany of legal quandaries, according to sanctions experts cited by Politico in an article on Monday.  

Tesla will lay off more than 10% of its salaried workforce, according to an internal company-wide email sent to employees by CEO Elon Musk and seen by media outlets.

It would take decades for German businesses to end their reliance on imports from China, the chief financial officer of industrial giant Siemens told the Financial Times on Sunday.

Exports from the country’s major ports surged to 3.95 million barrels a day in the week to April 14, data is showing

A human rights group says Israeli forces have kidnapped 3,000 Palestinians from Gaza since the start of the aggression on the besieged strip last October, including women and children.

Pro-Palestinian protests continue in the US, the major ally of Israel, with demonstrators demanding a ceasefire in Gaza and blocking roadways in the states of California, Illinois, New York and the Pacific Northwest as part of a national “economic blockade to free Palestine.”

Israel keeps in place the restrictions on a trickle of humanitarian aid entering the besieged Gaza Strip, the United Nations has warned.