Temu owner’s shares plummet 30% as fast-fashion competition intensifies
Shares in PDD Holdings, the parent company of Chinese e-commerce giant Tem, fell nearly 30% on Monday after the company warned that growing competition in the fast fashion sector could cause profits to fall. PDD co-founder Lei stressed that the company’s current growth is not sustainable as it battles with rivals such as Shein, Bytedance’s […]
Fighting intensifies between Israel and Hezbollah despite diplomatic drive | Israel
Fighting between Hezbollah and Israel escalated over the weekend, despite diplomatic efforts to ease tensions between the two countries and thwart expected Hezbollah and Iranian attacks on Israel. Saturday’s Israeli attack was one of the bloodiest for civilians since fighting began in October. Israel said it struck a Hezbollah arms depot in Nabatieh, southern Lebanon, […]
US bolsters military presence in Middle East as threat of regional escalation intensifies | Middle East and north Africa
The Pentagon said on Friday that the U.S. military will send additional fighter jets and naval ships to the Middle East as Washington prepares for Iran and its regional allies to make good on their promises of a response to the killing of Hamas leader Ismail Haniyeh in Tehran. The assassinations of Haniyeh in Tehran […]
NATO summit in DC is ‘pivotal’ make-or-break for Biden as scrutiny over fitness for office intensifies
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War Looms in Lebanon as Hezbollah Intensifies Fire at Israel
Israel and Hezbollah, an Iranian-backed terrorist group in southern Lebanon, are on the brink of war after firing dozens of rockets and projectiles into Israel over the weekend, sparking widespread fires near Israel’s northern border. Israel was retaliating against a series of earlier attacks by targeting dozens of terrorist positions in southern Lebanon. Unlike Hezbollah, […]
Scrutiny of prosecutor Matthew Colangelo intensifies after Trump conviction
A prosecutor in the Manhattan District Attorney’s Office is attracting waves of criticism after he successfully helped secure a felony conviction against former President Donald Trump this week. Matthew Colangelo, once the No. 3 official in the Biden administration Department of Justice, was one of a handful of prosecutors District Attorney Alvin Bragg enlisted to […]
Israel-Hamas war: Rafah, Gaza ground invasion intensifies, UN member killed | LiveNOW from FOX
This morning we’re learning, the Israeli military fired on a car in Rafah, killing the first foreign staff member of the UN during the … source
Putin and Xi reaffirm ties as Moscow intensifies offensive in Ukraine
At the Beijing summit, Russian President Vladimir Putin and Chinese leader Xi Jinping reaffirmed the ties between their countries. President Putin’s visit to China comes as the Russian military is ramping up its offensive in Ukraine’s Kharkov region. During the meeting, the two leaders expressed a desire to end the war in Ukraine. Russian President […]
Putin arrives in Beijing for China state visit as Ukraine war intensifies – live | China
Putin praises China’s support during Ukraine war Ahead of his arrival in Beijing, Chinese state media outlet Xinhua published a lengthy interview with President Vladimir Putin, in which he described his meeting with Xi Jinping as a “dialogue between old friends.” He also praised China’s efforts to “resolve the Ukraine crisis.” Unfortunately, neither Ukraine nor […]
Only a few hundred remain in Vovchansk as Russian advance intensifies in Ukraine
Only a few hundred residents remain in the war-torn northeastern Ukrainian town of Vovtyansk, which has shrunk from its pre-war population of 17,000. Vovtyansk has become the center of intense fighting, with heavy fighting involving the Kharkov and Donetsk regions. Russia’s recent advance into the region has captured at least seven villages, potentially pinning Ukrainian […]