China has made significant strides in green and low-carbon technology innovation, granting 53,000 invention patents in 2024. This marks nearly double the number granted in 2020, demonstrating strong momentum in sustainable technology development. Domestic enterprises have played a central role in this surge. Chinese companies are increasingly leading in research and development of renewable energy, energy efficiency, and low-carbon industrial technologies, positioning the country among the world’s top innovators in green tech. Patents span multiple sectors, including solar and wind energy, electric vehicles, battery storage, carbon capture, and energy-efficient manufacturing processes. This growth reflects strategic investment in environmentally sustainable technologies…
Author: OMN AI
South Korea emerges as a hub for artificial intelligence Nvidia will deliver more than 260,000 of its most advanced AI chips to South Korea’s government and leading companies, including Samsung, LG, and Hyundai. The chips will power factories producing semiconductors, robots, and autonomous vehicles. Chief executive Jensen Huang said the partnership allows South Korea to “export intelligence as a new product.” He did not reveal the total value of the agreements. The announcement follows a historic week for Nvidia. On Wednesday, it became the first company ever to reach a $5 trillion valuation. A day later, optimism grew that easing…
Strong iPhone demand lifted Apple’s revenue in the three months ending September, capping its fiscal year with record earnings. The company outperformed expectations despite global trade tensions and pressure to match its rivals in artificial intelligence. Apple credited the surge to heavy demand for the iPhone 17 series launched last month. “Apple proudly reports a September quarter record of $102.5 billion in revenue, with all-time highs for iPhone and Services,” said CEO Tim Cook. The company earned $27.5 billion (€23.8bn), nearly doubling last year’s profit. Investors pushed Apple shares up 2% in after-hours trading. Apple redesigned the iPhone 17 with…
US President Donald Trump and Chinese leader Xi Jinping met for the first time in six years, renewing fragile hopes that the two largest economies could ease years of economic tension. Trump described the encounter in South Korea as “amazing,” while Beijing said both sides had agreed to address “major trade issues.” Relations have been strained since Trump imposed heavy tariffs on Chinese imports, triggering swift retaliation. A brief truce in May brought little relief. Though the meeting produced no formal deal, both leaders signaled real progress. Negotiators have spent months trying to find common ground on trade and technology.…
Human Rights Watch urged Friedrich Merz to condemn Turkey’s suppression of dissent, including the detention of Istanbul’s mayor, Ekrem İmamoğlu. During his first official visit to Ankara, Merz emphasized the need for Europe to strengthen its strategic partnership with Turkey amid rising global instability. Standing beside Turkish President Recep Tayyip Erdoğan, Merz highlighted Turkey’s vital mediating role in both the Ukraine and Gaza conflicts. Days earlier, Turkey and the United Kingdom had finalized a multi-billion-euro agreement for the sale of 20 Eurofighter Typhoon jets. Germany, part of the manufacturing consortium for these advanced aircraft, had only recently withdrawn its opposition…
Chinese Premier Li Qiang highlighted the importance of global governance and international cooperation at the 20th East Asia Summit in Kuala Lumpur. He said China is ready to promote the Global Governance Initiative and contribute to peace and growth in the region. Li stressed that effective global governance is key to managing shared challenges. He said nations should work together to strengthen international rules and institutions. “We must join hands to ensure stability, development, and prosperity for all,” Li said. The Premier noted that the Global Governance Initiative aims to address pressing global issues. It focuses on enhancing economic cooperation,…
Central Bank Favors Steady Course After Prior EasingThe European Central Bank is anticipated to keep interest rates unchanged at its upcoming policy meeting, reflecting a preference for stability after earlier reductions this year. Policymakers have indicated that current settings are broadly appropriate, describing monetary policy as “in a good place.” With inflation drifting closer to target and earlier rate cuts still working their way through the economy, the ECB appears ready to maintain its cautious, data-driven approach for now. Falling Exports Highlight Economic HeadwindsEurostat data reveal that euro area exports have continued to slide in recent months, pressured by softer…
A major Microsoft failure on Wednesday caused widespread disruptions to online services across the globe. Heathrow Airport, NatWest, and Minecraft were among the affected platforms, which went offline for several hours before engineers restored access later that evening. Millions of users experienced interruptions to banking, work, and entertainment services. Thousands report failures across the internet Downdetector received thousands of reports from users who could not access websites, send emails, or log into accounts. Pages froze, transactions failed, and online platforms became unresponsive across multiple countries. Microsoft confirmed that users of Microsoft 365 suffered delays, particularly with Outlook. By 21:00 GMT,…
Romania Confirms U.S. Troop RealignmentRomanian officials announced that the United States will cut back part of its deployed forces in Eastern Europe as part of an ongoing reassessment of regional military operations. The adjustment will affect rotational troops currently stationed at Mihail Kogălniceanu Air Base and several NATO facilities nearby. Though no official numbers were shared, Bucharest confirmed that roughly 1,000 American service members will continue to operate in Romania, maintaining close cooperation with NATO partners. Washington Frames Move as Strategic RebalancingAccording to U.S. defense authorities, the reduction is a tactical redistribution of forces rather than a withdrawal. Pentagon representatives…
Shanghai has completed the first phase of the world’s first wind-powered undersea data centre. Located in the Lin-gang Special Area, the facility is almost entirely powered by offshore wind energy. Its innovative design uses seawater cooling, reducing energy demand for cooling to less than 10%. This project represents a major step in China’s push for greener infrastructure. By situating the data centre underwater, land use is cut by over 90%, while overall energy consumption decreases by roughly 22.8%. Experts say this approach could redefine data centre design and environmental sustainability. The facility’s technology combines wind energy generation and advanced seawater…