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This giant ‘heavenly pit’ in China holds a hidden ecosystem below ground that has its own climate and wildlife far below the surface |

Ravi Singh5 hours ago04 mins

A colossal sinkhole, Xiaozhai Tiankeng, discovered in Southern China, reveals a hidden forest ecosystem. This “heavenly pit,” deeper than skyscrapers, harbors over 1,200 plant species and adapted wildlife, including the endangered clouded leopard. Image Credits: Google Gemini Unique geographical features continue to attract global attention due to their remarkable characteristics. In southern China, the vast…

Mercedes-Benz profit slides amid cutthroat Chinese market

Ravi Singh16 hours ago02 mins

Like other carmakers, Mercedes is struggling to compete with low-cost competitors in China (CHARLY TRIBALLEAU) · CHARLY TRIBALLEAU/AFP/AFP German premium automaker Mercedes-Benz said Wednesday its first-quarter profit fell by almost a fifth as cutthroat competition in China shakes the world’s carmakers. Net profit for January to March came in at 1.43 billion euros ($1.67 billion),…

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CATL shares slide after $5 billion Hong Kong share placement plan

Ravi Singh2 days ago03 mins

A CATL logo is displayed on a smartphone screen with a Hong Kong Stock Exchange (HKEX) logo in the background on May 7, 2025 in Chongqing, China. Li Hongbo | Visual China Group | Getty Images Shares of China’s Contemporary Amperex Technology declined 6.81% Tuesday after the EV battery giant unveiled plans for a roughly…

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BYD draws EU scrutiny over labor abuse allegations at Hungary factory

Ravi Singh2 days ago06 mins

The world’s largest car carrier, BYD ”Shenzhen”, loads over 7,000 BYD new energy commercial vehicles at Haitong Terminal in Taicang Port Area, Suzhou Port, and sets sail for Brazil in Taicang City, Jiangsu Province, China, on April 27, 2025. Nurphoto | Nurphoto | Getty Images Electric car giant BYD has become the first Chinese business…

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China blocks Meta’s acquisition of AI startup Manus

Ravi Singh2 days ago03 mins

China’s state planner on Monday called for Meta to unwind its $2 billion acquisition of Manus, a Singaporean AI startup with Chinese roots. The decision to prohibit foreign investment in Manus was made in accordance with laws and regulations, the National Development and Reform Commission said in a brief statement. It added that it has…

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Europe’s rearmament push drives global military spending to record $2.9 trillion despite U.S. pullback

Ravi Singh3 days ago05 mins

Israeli air defence systems are activated to intercept Iranian missiles over the Israeli city of Tel Aviv early on June 18, 2025. Menahem Kahana | AFP | Getty Images Europe ramped up military spending in 2025 — a longstanding demand of U.S. President Donald Trump — helping drive global defense outlays to a staggering $2.89…

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India, China go head-to-head for Russian crude

Ravi Singh7 days ago06 mins

TIANJIN, CHINA – SEPTEMBER 01: Indian Prime Minister Narendra Modi talks with Russian President Vladimir Putin(L) and Chinese President Xi jinping ahead of the Shanghai Cooperation Organization (SCO) Summit 2025 at the Meijiang Convention and Exhibition Centre on September 1, 2025 in Tianjin, China. (Photo by Suo Takekuma – Pool/Getty Images) Pool | Getty Images…

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UK defense spending haunts Starmer’s government

Ravi Singh1 week ago04 mins

British Army Challenger 2 tanks of the 5th Battalion The Rifles stand on truck trailers for transport after the tanks arrived by ship on March 22, 2017 at Paldiski, Estonia. Sean Gallup | Getty Images News | Getty Images This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can…

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Robot named Lightning blows past human runners to set half-marathon record in Beijing

Ravi Singh1 week ago03 mins

Slide over, Jacob Kiplimo. The world’s fastest human in the half-marathon is still just that, but the Ugandan’s record time of 57 minutes, 20 seconds, was obliterated Sunday in Beijing by a 5-foot-5 humanoid robot named Lightning. Lightning was one of more than 100 robots running the 13.1-mile race in the Beijing Economic-Technological Development Area…

Hillhouse-backed Ascentium buys Dezan Shira, hopes to tap inward, outbound China investment

Ravi Singh1 week ago04 mins

Ascentium, an Asia-based business services platform backed by Hillhouse Investment, is acquiring Dezan Shira & Associates, a 33-year-old advisory firm best known for its Asia Briefing intelligence platform. The deal is Ascentium’s most recent in more than a dozen acquisitions, plugging a gap in the company’s mainland China coverage while deepening its footprint in hot…