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 […]
CNN — When Huawei recently teased a new smartwatch in a promotional video, it featured an unusual design: the watch face flipped open to reveal a secret compartment where a pair of magnetic earbuds sat inside charging. While the product might only appeal to some users, the inclusion of the earbuds in the smartwatch speaks […]
CNN — Roughly two dozen former leaders of the US military – including retired chairmen of the Joint Chiefs of Staff, a former Supreme Allied commander of NATO and several former commanders in Afghanistan – sent a letter to US congressional leaders Saturday evening urging them to act quickly to save Afghan allies who currently […]
New York CNN — A new checkout trend is sweeping across America, making for an increasingly awkward experience: digital tip jars. You order a coffee, an ice cream, a salad or a slice of pizza and pay with your credit card or phone. Then, an employee standing behind the counter spins around a touch screen […]
CNN — President Joe Biden is expected to name former congressman Joe Kennedy III as his special envoy to Northern Ireland for economic affairs, according to two people familiar with the plans, installing a member of one of the United States’ most famous political families to the post at a critical moment for the region. […]
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 […]
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside the region’s biggest stories. Sign up here. CNN — Egypt has dug itself a massive hole of debt. On Friday, the International Monetary Fund (IMF) will extend a $3 billion loan to the country, a […]
Hong Kong CNN — US regulators have gained full access to the audits of Chinese companies for the first time, reducing the threat that tech giants such as Alibaba (BABA) and JD.com (JD) could be kicked off US stock exchanges. The announcement marks a major breakthrough in a yearslong standoff over how Chinese companies listed […]