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Chinese autonomous-driving technology firm Pony.ai is betting on an “asset-light” strategy and newer generations of low-cost driverless cars to drive growth for its robotaxi operation as the company expects to break even by 2030. Under the asset-light model, Pony.ai would team up with third-party companies – such as taxi operators or ride-hailing platforms – that…
Iran said it seized a foreign oil tanker in the Gulf of Oman it suspects of carrying smuggled fuel, the semi-official Fars news agency reported on Saturday, citing the chief justice of the southern Hormozgan Province. Mojtaba Ghahremani said 18 crew members have been detained and the vessel was carrying about 6 million litres of…
Underwater drones being tested by China could be used to blockade the Panama Canal or even the US west coast, an American defence publication has claimed. The drones, referred to as XXLUUVs (Extra-Extra-Large Unmanned Underwater Vehicles), are highly classified and little is known for certain about them. However, some clues have been gleaned from satellite…
Devastating floods and landslides have killed 1,003 people in Indonesia, rescuers said on Saturday as the Southeast Asian nation grapples with relief efforts. The disaster, which has hit the northwestern island of Sumatra over the past fortnight, has also injured more than 5,400, the National Disaster Mitigation Agency said in its latest toll. The deadly…
A gunman killed two people and critically wounded eight others on Saturday afternoon at the prestigious Brown University, authorities said, urging people in the area to remain in lockdown as the attacker was still at large. “I can confirm that there are two individuals who have died this afternoon, and there are another eight in…
Around 1,000 people gathered in London on Saturday for a “Christmas” rally organised by far-right figurehead Tommy Robinson, as bishops said they were gravely concerned by the use of Christian symbols to “justify racism and anti-migrant rhetoric”. People waved Union flags and others that read “Jesus is King” at the rally in the centre of…
A drone strike hit a United Nations facility in war-torn Sudan on Saturday, killing six peacekeepers, UN Secretary General Antonio Guterres said. The strike hit the peacekeeping logistics base in the city of Kadugli, in the central region of Kordofan, Guterres said in a statement. Eight other peacekeepers were wounded in the strike. All the…
The Nobel Prize may not seem very relevant to many, but we can certainly draw lessons from its winners. Earlier this year, Peter Howitt – an honorary professor and fellow alumnus of Canada’s Western University – was awarded the Nobel Prize in Economic Sciences with two other professors for work on innovation-driven economic growth. Howitt’s…
It’s been a hard day’s night, and I’ve been working like a dog It’s been a hard day’s night, I should be sleeping like a log But when I get home to you I find the things that you do Will make me feel alright – The Beatles “Beggar-thy-neighbor” is now all over the news….
A top official warned against moves to revive Japanese militarism as China held its annual national commemoration of the Nanking massacre amid tense ties with Tokyo. Speaking at a memorial ceremony in the eastern city of Nanjing on Saturday, Shi Taifeng, head of the ruling Communist Party’s organisation department, said that any attempt to revive…
