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Elon Musk said that a Chinese automaker is likely to be the closest competitor to Tesla, while stressing the company is "winning in China" right now. Tesla has a number of challengers in China in the electric vehicle space, including a slew of start-ups such as Nio, Xpeng and Li Auto. Its biggest rival in China right now is BYD.
Supply chain managers' biggest fear is a second pandemic wave after Lunar New Year. There are concerns about port and trucking labor shortages and delays. The impact of the first Covid wave in China was swift but not long lasting, according to Infinite Electronics, a global supplier of components, and it is not expecting operating conditions to deteriorate as badly this time.
Russia, South Africa and a 'redesigned global order': The Kremlin's hearts and minds machine is steaming ahead
Russian Foreign Minister Sergei Lavrov visited Pretoria as part of an African tour. Diplomatic analysts told CNBC that the tour primarily represented an assertion of Russia's "non-isolation." Steven Gruzd of the South African Institute of International Affairs told CNBC that the timing of a joint military exercise with Russia to...
The world's first human-monkey hybrid has been successfully created in a laboratory, according to shocking research from Chinese scientists. This horrifying development occurred in 2021, after a team of researchers from the United States and Spain traveled to China in order to get around regulations that forbade this kind of research in their own nations.
Putin Losing 'Thousands' Of Soldiers, Says Ukraine President: 'They Just Throw Them Into The Meat Grinder'
Ukrainian president Volodymyr Zelenskyy said Russian President Vladimir Putin is losing a lot more soldiers in the war as Russia's unprecedented attacks continued in Kyiv. What Happened: Zelenskyy, in an interview with Sky News, said, "The east is losing a lot of people. They don't care about that." "We count...
Trump suggests providing tanks to Ukraine will lead to 'nukes' and says ending the war with Russia would be 'easy'
Trump, who referred to Putin as a "genius" the week Russia invaded Ukraine, was once impeached over his dealings with Kyiv.
The U.S. announced Wednesday that it would be sending 31 Abrams tanks to Ukraine one day after Germany said it would send its Leopard 2 tanks.
A Ukrainian officer said that Russia has been sacrificing troops in order to locate Ukrainian forces.
Russian warship with ‘unstoppable’ 7,000mph hypersonic missiles ‘sails towards US and will soon be in strike range’
A RUSSIAN warship armed with “unstoppable” hypersonic missiles is sailing towards the US coast in a show of strength, reports claim. The guided missile frigate Admiral Gorshkov has been closely monitored by Nato navies on its maiden voyage armed with 6,670mph Zircon weapons. An unconfirmed Russian Telegram channel...
New technique from U.S. national lab promises to strip carbon dioxide emissions from power plants and factories at record-low cost
Scientists at Pacific Northwest National Lab have developed a technique that is able to pull carbon dioxide out of the exhaust flue of a power plant or factory for $39 per metric ton, the cheapest cost every reported in a peer-reviewed scientific journal. To construct a factory to pull carbon...
Among the issues Ukraine's military may face with the U.S. tanks is the ability to keep them running.
As a rifleman in the Republic of Korea Marine Corps who endured harsh training as part of his national service, Kevin Choi had "no doubt" about the state of his health. "I've got quite severe myopia, but I still believed I was very healthy," Choi told CNBC Make It. But...
Treasury yields climbed on Friday as a key inflation report watched by the Federal Reserve indicated a sizable increase in prices. The core personal consumption price expenditures index rose by 4.4% from a year ago in December, the Commerce Department reported Friday. That was in line with economists' consensus estimate from Dow Jones. Including food and energy costs, inflation was up 5% on an annual basis.
Fierce battles in eastern Ukraine have thrown a new spotlight on Russia’s Wagner Group, a private military company led by a rogue millionaire with longtime links to Russian President Vladimir Putin. Wagner has spearheaded the push to jump-start Russia’s stalemated offensive in eastern Ukraine’s Donetsk province. The ferocious house-to...
The U.S. Treasury has suspended new investments in a federal employee retirement benefit program after the government reached its debt ceiling. The move is one of the so-called extraordinary measures Treasury Secretary Janet Yellen is taking to avoid default until Congress raises the federal borrowing limit. Yellen said the agency...
The U.S. is not in a recession, even as many economists and CEOs are bracing for a possible downturn this year. Yet many Americans think a downturn is already here. The reason: Record high inflation is already causing personal financial strain. For those who fear a recession may be coming,...
Before a secret raid on an ISIS leader's mountain cave complex, US forces ran the mission at a special recreation of the target area
US special operations forces did something similar prior to the 2011 Neptune Spear raid that brought down 9/11 mastermind Osama bin Laden.
Access to the abortion pill mifepristone has become a major legal battleground in the wake of the Supreme Court ruling that overturned federal abortion rights last June. GenBioPro argues that FDA regulations on the abortion pill preempt West Virginia's state law that basically bans the medication. Anti-abortion activists, on the...
FDA withdraws Covid antibody treatment Evusheld because it's not effective against 93% of subvariants
The FDA pulled Evusheld from the market because it is not effective against more than 90% of the Covid subvariants that are currently circulating in the U.S. People with compromised immune systems, such as cancer chemotherapy and organ-transplant patients, are some of the groups most vulnerable to severe disease from Covid.
Liberation of Auschwitz Concentration Camp survivors expressed horror during Holocaust Remembrance Day as peace in Europe is upended by war in Ukraine.