London CNN — European Union governments have reached a deal on the world’s first major carbon border tax, as part of an overhaul of the bloc’s flagship carbon market that aims to make its economy carbon-neutral by 2050. EU ministers finalized details of the Carbon Border Adjustment Mechanism early Sunday after reaching a provisional agreement […]
Hong Kong CNN — Beijing has vowed to go all out next year to save its Covid-hit economy by boosting consumption and loosening control over private industry, including the struggling tech and property sectors. The new pledge marks a big shift from leader Xi Jinping’s years-long effort to rein in private businesses, which were perceived […]
Hong Kong CNN — The sprawling Chinese metropolis of Chongqing announced Sunday that public sector employees testing positive for Covid-19 can go to work “as normal,” a remarkable turnaround for a city that only weeks ago had been in the throes of a mass lockdown. The move comes as China continues to quickly unravel its […]
Los Angeles CNN — At 26, Ixchel Hernandez has become the defender and protector of her family’s modest apartment. In the two decades they’ve lived in their Los Angeles home, the family of four has successfully fought against multiple attempts aimed at pricing and, ultimately, forcing them out. “We are human beings with the right […]
CNN — A planned spacewalk by the Russian space agency Roscosmos has been called off following the discovery of a coolant leak coming from the Soyuz MS-22 spacecraft, which is currently docked to the International Space Station. NASA’s Rob Navias, speaking on the NASA TV broadcast, called it a “fairly significant” leak. Live images during […]
Hong Kong CNN — An unprecedented wave of Covid cases in China has sparked panic buying of fever medicines, pain killers, and even home remedies such as canned peaches, leading to shortages online and in stores. Authorities said Wednesday they had detected 2,249 symptomatic Covid-19 cases nationally through nucleic acid testing, 20% of which were […]
CNN — More than 120 people have died in the Congolese capital of Kinshasa after torrential rains caused severe flooding in the city, according to a government statement issued Wednesday. The rainfall began on Monday and continued through Tuesday, it said. Severe damage could be seen in video obtained by news agency Reuters, with roofs […]
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Beijing CNN — China is bracing for an unprecedented wave of Covid-19 cases as it dismantles large parts of […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — It seems like you can’t go anywhere these days without colliding headfirst into […]
CNN Business — Ramesh “Sunny” Balwani, the former chief operating officer of failed blood testing startup Theranos, is set to be sentenced on Wednesday for fraud, marking an end to the stunning downfall of a high-flying Silicon Valley company that resulted in the rare convictions of two tech executives. The sentencing comes weeks after Elizabeth […]
