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Philippines cancels Russia helicopter deal over US sanctions

Philippines cancels Russia helicopter deal over US sanctions

The Philippines has scrapped an order for 16 Russian military helicopters, an official confirmed Wednesday, following reports former president Rodrigo Duterte decided to cancel it due to U.S. sanctions on Moscow.
US rethinks steps on China tariffs in wake of Taiwan response: sources

US rethinks steps on China tariffs in wake of Taiwan response: sources

China's war games around Taiwan have led Biden administration officials to recalibrate their thinking on whether to scrap some tariffs or potentially impose others on Beijing, setting those options aside for now, according to sources familiar with the deliberations.
August 10, 2022 | 05:50 pm PT
Disney+ subscribers surge as Netflix stumbles

Disney+ subscribers surge as Netflix stumbles

The Disney+ streaming service saw its number of paying subscribers leap beyond expectations in the last quarter, as rival Netflix's client count ebbed, results showed Wednesday.
August 10, 2022 | 05:41 pm PT
N.Korea's Kim declares victory in battle against Covid-19

N.Korea's Kim declares victory in battle against Covid-19

North Korean leader Kim Jong Un declared victory in the battle against the novel coronavirus, ordering a lifting of maximum anti-epidemic measures imposed in May, state media said on Thursday.
August 10, 2022 | 05:39 pm PT
Stranded beluga whale removed from France's Seine river

Stranded beluga whale removed from France's Seine river

The beluga whale stranded in the river Seine in northern France was removed from the water early Wednesday in the first stage of an ambitious rescue operation.
August 9, 2022 | 11:48 pm PT
Coinbase posts loss as crypto market turmoil hits trading volumes

Coinbase posts loss as crypto market turmoil hits trading volumes

Coinbase Global Inc reported a larger-than-expected quarterly loss as investors worried by this year's rout in risky assets shied away from trading in cryptocurrencies, sending its shares down 6% after the bell on Tuesday.
August 9, 2022 | 11:40 pm PT
Meta raises $10 billion in first-ever bond offering

Meta raises $10 billion in first-ever bond offering

Facebook-parent Meta Platforms Inc said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.
August 9, 2022 | 06:03 pm PT
Tesla discloses lobbying effort to set up factory in Canada

Tesla discloses lobbying effort to set up factory in Canada

Tesla Inc is lobbying the Ontario government as part of an effort to set up an "advanced manufacturing facility" in Canada, a filing by the electric-vehicle maker to the province's Office of the Integrity Commissioner showed.
August 9, 2022 | 06:01 pm PT
Biden signs bill to boost US chips, compete with China

Biden signs bill to boost US chips, compete with China

President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.
August 9, 2022 | 05:56 pm PT
US returns to Cambodia 30 antiquities looted from historic sites

US returns to Cambodia 30 antiquities looted from historic sites

The United States will return to Cambodia 30 looted antiquities, including bronze and stone statues of Buddhist and Hindu deities carved more than 1,000 years ago, U.S. officials said on Monday.
August 9, 2022 | 01:48 am PT
Russia to launch Iranian satellite amid Ukraine war concerns

Russia to launch Iranian satellite amid Ukraine war concerns

Russia is scheduled to launch an Iranian satellite into orbit on Tuesday, but Tehran brushed off fears that Moscow might use it in the war against Ukraine.
August 9, 2022 | 12:25 am PT
Thailand, China to resume air force exercises after pandemic pause

Thailand, China to resume air force exercises after pandemic pause

An annual joint fighter jets exercise between Thailand and China will resume later this month after being put on hold for two years during the pandemic, the Thai air force said, with a former U.S. air base chosen to host the event.
August 8, 2022 | 08:22 pm PT
Record rain leaves at least 7 dead in South Korean capital

Record rain leaves at least 7 dead in South Korean capital

At least seven people died in and around the South Korean capital of Seoul overnight, authorities said on Tuesday, after torrential rain knocked out power, caused slips and left roads and subways submerged.
August 8, 2022 | 06:39 pm PT
US will not dictate Africa's choices, Blinken says

US will not dictate Africa's choices, Blinken says

The United States will not dictate Africa's choices, U.S. Secretary of State Antony Blinken said on Monday, despite having sought support from the continent's 54 countries in efforts to isolate Russia over its attacks in Ukraine .
August 8, 2022 | 05:50 pm PT
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