Author: admin

Key PointsNicolas Dufourcq, the head of France’s state investment bank Bpifrance, warned that Europe is becoming “doubly colonized” by Chinese industry and U.S. tech.”It’s not in the future; the consequences are now,” he warned an audience at private capital conference IPEM.Bpifrance manages assets worth around 100 billion euros ($117 billion).The head of France’s state investment bank Bpifrance has painted a grim picture of Europe, saying the continent is caught between the world’s two largest economies and is unable to fund its own future-critical industries. Nicolas Dufourcq warned that Europe is being overcome by Chinese industry and U.S. technology and is…

It’s Sunday, and another round of NWSL action is in the books, which means it’s time for ESPN’s Power Rankings.Who’s climbing the table? Who’s in free fall? Our writers studied the action from across Matchday 22 to come up with this week’s order of all 14 teams in the league. Let’s dive in.Previous ranking: 1Next match: Monday Oct. 6 vs. Angel City FC, 10.30 p.m. ETKansas City could’ve rested after clinching the NWSL Shield last week, but didn’t in a 4-1 win over the Chicago Stars. That it felt so “ho-hum” is a testament to how excellent the Current have…

Investors talk at a stock exchange hall on February 3, 2017 in Hangzhou, Zhejiang Province of China.VCG | Getty Images China’s stock market has seen a sharp rally this year as progress on artificial-intelligence, steps aimed at gaining chip self-sufficiency and Beijing’s campaign to rein in price wars fuel investor optimism.But as retail investors push the market higher, and bulls cheer liquidity support and policy tailwinds, some experts are raising questions if the market is entering bubble territory.The mainland CSI 300 index has climbed about 16% since the start of the year and is hovering close to more than three-year…

HANOI, Vietnam (AP) — Heavy rain and strong winds from the former Typhoon Bualoi flooded roads, knocked off roofs and caused at least nine deaths in central Vietnam before it weakened to a storm that moved Monday into Laos, state media reported.The storm tore through communities, damaging houses, schools and power poles, sweeping away temporary bridges and flooding roads and low-water crossings across several provinces. Flooding in cities submerged vehicles, and many highland communities were cut off.State media said rescue teams were searching for 17 missing fishermen. Forecasters in Vietnam said that at 10 a.m. Monday, the storm’s center was…

The Federal Reserve logo is seen on the William McChesney Martin Jr. Building on Sept. 16, 2025 in Washington, DC.Kevin Dietsch | Getty Images September has been far from an ideal month for U.S. stocks for the past several years, with the S&P 500 dropping during the month in four of the past five years. This time, though, things seem to be better, supported by a flurry of upbeat economic data — including a 3.8% second-quarter GDP growth and jobless claims that suggest a resilient labor market.With a couple of days still to go, will the markets finally get to end…

ATLANTA (AP) — Fallout from the 2020 presidential election feels like it may never end in Georgia.Maybe more any other state, the decisions made after Democrat Joe Biden’s narrow win — and Donald Trump’s false claims of victory — still define politics in the Peach State.In Georgia, 2020 may guide the Republican choice for governor in 2026, influence the Democratic primary for governor, and resonate in the U.S. Senate race. Brad Raffensperger, the Republican secretary of state who rebuffed Trump’s efforts to overturn Biden’s Georgia victory is running for governor in 2026. Former Republican Lt. Gov. Geoff Duncan, who also…

BEIJING (AP) — An overseas Hong Kong activist said he was denied entry to Singapore over the weekend for what he presumes were political reasons.Nathan Law said he was detained at the Singapore airport on Saturday night and told four hours later that his entry had been denied. He was going to attend a closed-door, invitation-only event, he said in a statement, without elaborating.Law, who is based in London, is one of a number of activists who have fled Hong Kong in recent years after the adoption of a National Security Law that has put others in prison.He said he…

DUBAI, United Arab Emirates (AP) — Iran said Monday it hanged a man accused of spying for Israel, the latest as Tehran carries out its largest wave of executions in decades.Iran identified the executed man as Bahman Choobiasl, whose case wasn’t immediately known in Iranian media reports or to activists monitoring the death penalty in the Islamic Republic. However, the execution came after Iran vowed to confront its enemies after the United Nations reimposed sanctions on Tehran over its nuclear program this weekend.Iran accused Choobiasl of meeting with officials from the Israeli spy agency Mossad. Iran’s Mizan news agency, which…

Shares were mostly higher Monday in Europe and Asia after Wall Street broke its three-day losing streak, trimming its losses for last week. China factory data are due out on Tuesday and a quarterly business sentiment survey by the Bank of Japan comes on Wednesday. The next big event for Wall Street could be a looming shutdown of the U.S. government, with a deadline set for this week. But such political impasses have had limited impact on the market before. U.S. jobs data also will be in the spotlight. The future for the S&P 500 was up 0.5% while that…

While US President Donald Trump denounces climate action as a “con job” at the UN and China commits to modest emission cuts by 2035, the real story is neither about moral leadership nor environmental salvation—it is about industrial strategy dressed as climate diplomacy. Beijing has calculated that the optics of being the “responsible power” while Washington retreats from global commitments provides cover for what amounts to a conservative target that preserves economic flexibility. Chinese President Xi Jinping’s pledge to reduce greenhouse gas emissions by 7-10% from peak levels by 2035 represents China’s first absolute emissions target, but analysts note this…