The world’s second-largest economy has yet to achieve a highly anticipated post-pandemic recovery, and the government has set a goal of five percent growth in 2024 — an objective analysts say is optimistic given the headwinds it is facing. On Tuesday, central bank chief Pan Gongsheng told a news conference in Beijing that it would […]
Brent crude futures for November rose 8 cents to $73.73 a barrel by 0015 GMT, while WTI crude futures for October declined 3 cents to $70.88 a barrel. The U.S. central bank cut interest rates by half a percentage point on Wednesday. Interest rate cuts typically boost economic activity and energy demand, but the market […]
The Kazakhstan-based producer Kaspi Neft “did not receive a (permit)… for accumulating over 4,500 tonnes of dangerous waste between 2021 and 2022 from drilling and operation of an oil field”, prosecutors for Kazakhstan’s Atyrau region bordering the Caspian Sea said in a statement released Monday. A court hearing Friday found that the company had committed […]
The iCube Qamar was launched on board China’s Chang’e-6 from Hainan, China, on May 3. According to the Institute of Space Technology, the satellite ICUBE-Q has been designed and developed by IST in collaboration with China’s Shanghai University SJTU and Pakistan’s national space agency SUPARCO. Chang’e6 is the sixth in a series of China’s lunar […]