China

Tesla’s income jumps 20 pc, but shares fall after hours amid profit concerns

21 Jul 2023 10:07 AM IST

Elon Musk’s big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results. Sales jumped and the company beat analyst expectations for net income in the April-June quarter, although the company’s profit margins declined. Tesla shares followed

34 killed, 12 injured in road accident in South Algeria

21 Jul 2023 10:05 AM IST

At least 34 people were killed and 12 others suffered injuries in a bus accident in Tamanrasset on Wednesday, reported Khaama Press. The accident happened when a bus collided with a pickup truck on a highway in southern Algeria. The Khaama Press News Agency is an independent and non-political news

Protesters in Iraq protest against Quran burning

21 Jul 2023 10:04 AM IST

Protesters angered by the burning of a copy of the Quran stormed the Swedish Embassy in Baghdad on early Thursday, breaking into the compound and lighting a small fire. Online videos showed demonstrators at the diplomatic post waving flags and signs showing the influential Iraqi Shiite cleric and political leader

Judge rejects Trump’s bid to transfer-money criminal case to Federal Court

21 Jul 2023 10:02 AM IST

U.S. District Judge Alvin K Hellerstein on Wednesday rejected the former president’s bid to move his hush-money criminal case from New York state court to federal court, ruling that Trump’s lawyers had failed to meet a high legal bar for changing jurisdiction. Hellerstein found that the allegations pertained to Trump’s

China avoiding trade war with the US but will react against further curbs

21 Jul 2023 10:01 AM IST

China wants to evade a trade war with the United States but will retaliate against any further US restrictions on technology and trade, said the Chinese ambassador to the US. Ambassador Xie Feng criticised US curbs on the sale of microchips and chipmaking equipment to China that were imposed last

White House warns Russia’s attack on civilian ships in Black Sea

21 Jul 2023 10:00 AM IST

Washington : Days after Russia suspended participation in a wartime deal that allowed grain to flow from Ukraine to countries around the world, the White House on Wednesday warned that the Russian military is preparing for possible attacks on civilian shipping vessels in the Black Sea. Since leaving the Black

Around 21 injured in third night of Russian attacks in south Ukraine

21 Jul 2023 09:59 AM IST

A third night of Russian air attacks pounded Ukraine’s southern cities, including the port of Odesa, and injured at least 21 people, Ukrainian officials said on Thursday. At least 19 people were injured overnight in Mykolaiv, a southern city close to the Black Sea, the region’s Governor Vitalii Kim said

Bangladesh: More than 500 people died in road accident last month

20 Jul 2023 17:00 PM IST

According to a report provided by the traffic Safety Foundation (RSF), 562 people were killed and 812 others were injured in 559 traffic accidents across Bangladesh in June, according to the Dhaka Tribune. According to the statistics released on Wednesday, 169 people were killed in 207 motorbike accidents across the

Florida faces lawsuit over ban on certain Foreign property purchases

20 Jul 2023 10:36 AM IST

A new law that bans citizens of China and some other countries from purchasing property in large swaths of Florida violates federal housing discrimination laws, a lawyer representing Chinese nationals living and working in the state told a federal judge Tuesday. While other states have laws that prevent foreigners from

First-Gen iPhone fetches astonishing 380x original price in Auction

20 Jul 2023 10:34 AM IST

A first-generation iPhone sold at auction Sunday for USD 190,373, almost 380 times its original price of USD 499 when the groundbreaking device went for sale in 2007. LCG Auctions, which hosted the sale, said the 4GB iPhone model was 20 times rarer than the 8GB model released at the

Suspected Israeli airstrikes hit Damascus and the surrounding area

20 Jul 2023 10:32 AM IST

Israeli airstrikes hit the area of Damascus early Wednesday, Syrian state media reported. Syrian state-run news agency SANA reported that Syria’s air defences had shot down “most of” the missiles. It said in a statement, citing military sources, that two soldiers were injured and there were “some material losses” from

Space Junk or UFO? Enigmatic object discovered on Western Australia coast

20 Jul 2023 10:31 AM IST

Authorities were investigating on Tuesday whether a cylindrical object about the size of a small car that washed up on a remote Australian beach is space junk from a foreign rocket. Police had cordoned off the barnacle-encrusted object after it was discovered at Green Head about 250 kilometers north of