Author: Press Room

BEIJING: Chinese authorities have asked e-commerce platform operators to stop insisting on merchants refunding customers without requiring the return of goods, to alleviate financial pressure on merchants, two people familiar with the matter said. The government met operators including PDD Holdings and concluded the practice must end by July, from which point only merchants will be able to initiate a refund, the people said, without specifying dates. The aim is to prevent merchants’ situation from becoming tenuous during times of economic slowdown, said one of the people, who declined to be identified because the information is not public. PDD and…

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Chinese leader’s remarks come amid renewed hopes of a trade deal between Washington and Beijing.Chinese President Xi Jinping has warned that tariffs threaten the interests of all countries amid an ongoing de facto trade embargo between China and the United States. During a meeting with Azerbaijan President Ilham Aliyev on Wednesday, Xi said trade wars “undermine the legitimate rights and interests of all countries, hurt the multilateral trading system and impact the world economic order”, the state-run news agency Xinhua said. “Xi said that China is willing to work with Azerbaijan to safeguard the international system with the United Nations…

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Harris returns to politics, Dems eye AOC for 2028 ‘America’s Newsroom’ co-anchor Dana Perino joins ‘Fox & Friends Weekend’ to weigh in on Kamala Harris headlining a major DNC fundraiser and growing speculation over who might lead the Democratic Party in 2028. Jim Clyburn is ripping the media.The Democratic congressman, who essentially handed Joe Biden the nomination in 2020, says the party is having trouble getting its message out.”I think the message coming from the Democratic Party is a good message,” the South Carolina lawmaker told MSNBC’s Ali Velshi. “The problem we’ve got, I’ll say, is that we have to…

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Askari Metals has reappointed company founder and major shareholder Gino D’Anna as executive director to drive the company’s transition towards a greater focus on its African assets.The transition combines Askari’s growing African emphasis with its strategic shift towards battery metals and clean energy commodities, which will include developing projects such as its Namibian Uis lithium project and its Matemanga and Eyasi uranium projects in Tanzania.D’Anna’s re-appointment enables Askari to focus on and advance its 2025 corporate objective to get the best value from the company’s existing portfolio and ensure further growth through strategic acquisitions suited to its commodity emphasis and…

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NEWYou can now listen to Fox News articles! NFL prospect Travis Hunter is projected to play both wide receiver and cornerback in the pros, as he did in college. But some experts have questioned the validity of a player excelling at both positions at the pro level. A player who came close to Hunter’s aspirations in the NFL is his former University of Colorado and Jackson State head coach Deion Sanders. Sanders was known almost entirely as an elite cornerback during his pro career, but also played wide receiver at rare times, mostly during the Dallas Cowboys’ 1996 season. Now, former NFL…

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In SummaryZimbabwe retains the highest central bank interest rate in Africa at 35%.The Central Bank of Nigeria (CBN), which is second in Africa, maintained its benchmark lending rate at 27.5% in February 2025.Analysts predict a potential easing of rates later in the year, possibly starting in H2, with cuts expected by the end of 2025.Deep dive!!Central Bank interest rates in Africa vary considerably across countries, these rates are pivotal tools for monetary authorities aiming to stabilize economies, control inflation, and attract foreign investment. For example, the Reserve Bank of Zimbabwe maintains the highest interest rate in Africa at 35%—this rate…

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These are the key events on day 1,154 of Russia’s war on Ukraine.Here is where things stand on Wednesday, April 23: Fighting A state of emergency was declared in Russia’s Vladimir region, east of Moscow, following a large explosion at an ammunition storage site, the TASS state news agency said, citing emergency services. Vladimir’s regional governor, Alexander Avdeev, said the explosion occurred when ammunition caught fire in a storage area at a military base in Kirzhach district, and emergency personnel were working at the scene. Russia struck the southern city of Zaporizhzhia with two aerial glide bombs. The attack killed…

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Elon Musk told Tesla investors he’s scaling back his work at the Trump administration’s Department of Government Efficiency, or DOGE, saying the amount of time he spends on the task force will “drop significantly” starting in May. As the Trump administration’s cost-cutting initiative, DOGE has slashed tens of thousands of federal jobs in the name of reducing fraud, waste and abuse. But DOGE has also sparked a backlash — and plenty of lawsuits — as critics accuse it of accessing voters’ private data and cutting programs that are vital to many Americans. At the same time, Tesla’s sales have taken a hit…

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