Day: May 26, 2026

Indian and Chinese companies are ramping up overseas acquisitions amid mounting domestic economic and business headwinds. Chinese firms have been snapping up Western consumer goods brands; fast fashion giant Shein announced it was buying US clothing label Everlane, and Luckin Coffee purchased upscale American cafe chain Blue Bottle, the Financial ...

Pope Leo XIV warned humanity against creating “new digital slaveries” in a 42,300-word encyclical about AI, the first major teaching document of his papacy. In , Leo “seeks to counterbalance alarm with hope but lands firmly on one side,” The Atlantic wrote: He condemned the use of AI in warfare, ...

China’s overhaul of its social insurance program for migrant workers could narrow urban-rural divides in the country and unlock new streams of economic growth, analysts said. Beijing on Friday moved to ease residency restrictions on coverage, removing a hurdle that required people working in Chinese cities to claim benefits in ...