US NATO envoy on strengthening ties with India

The NATO alliance is open to more involvement if India wants it, the US NATO envoy said. New Delhi: US NATO Ambassador Julianne Smith, speaking about NATO and strengthening relations with South Asia and the Indo-Pacific, said virtually that the North Atlantic Treaty Organization is ready to engage more with India if they are interested … Read more

European markets open to close, earnings, data and news

An hour ago US stocks are going up US equities rallied higher on Friday as markets closed out a volatile but winning first quarter. The Dow Jones Industrial Average, the S&P 500 and the tech-heavy Nasdaq all rose about 0.5% in morning deals. — Karen Gilchrist 2 hours ago Key Fed inflation gauge rises less … Read more

Biggest drop in profit since 2011, turnover flat

Huawei reported net profit for 2022 totaling 35.6 billion yuan ($5.18 billion), down 69% year-on-year. That’s the largest annual decline since 2011, according to CNBC calculations. Huawei blamed rising commodity prices, China’s strict pandemic controls last year and a one-time gain related to the sale of Honor last year as reasons for the profit drop. … Read more

A new procedure offers hope to ‘not an option’ patients who have to undergo amputation due to serious blood flow problems

CNN — Cynthia Elford loves to travel and hike, but a few years ago her type 1 diabetes made it almost impossible to get around. In 2018, the Pennsylvania grandmother was at risk of losing her right leg due to a diabetes-related circulatory problem, and developed sores on her toes that kept getting worse. She … Read more

The Taiwanese leader’s visit to the US could provoke a ‘major’ reaction from China

A meeting between Taiwan’s leader and the speaker of the US House of Representatives will provoke a strong response from China, said Anna Ashton, China director at the Eurasia Group. Taiwan President Tsai Ing-wen is likely to come face to face with Kevin McCarthy when she transits Los Angeles next week. “The reality is that … Read more

How Russia’s support is growing in the developing world

An Economist Intelligence Unit report earlier this month found that net support for Russia had grown in the year since the invasion of Ukraine, as Moscow ramps up its courtship of previously neutral or geopolitically unaligned countries. By assessing countries’ enforcement of sanctions, UN voting patterns, domestic political trends and official statements alongside economic, political, … Read more

WHO advisers to consider whether obesity medication should be added to essential medicines list

CNN — World Health Organization advisers will consider next month whether to add liraglutide, the active ingredient in certain diabetes and obesity medicines, to the list of essential medicines. The list, which is updated every two years, includes medicines “that meet the priority health needs of the population,” the WHO says. “They are intended to … Read more

China threatens retaliation if Tsai and McCarthy meet

BEIJING (AP) — China has threatened “resolute countermeasures” at a scheduled meeting between Taiwanese President Tsai Ing-wen and Speaker of the U.S. House Kevin McCarthy during an upcoming visit to Los Angeles by the head of the self-governing island democracy. Diplomatic pressure on Taiwan has ramped up recently, with Beijing poaching Taipei’s dwindling number of … Read more

Hong Kong shares rise 2% as Alibaba lifts tech stocks; Asian markets tend to rise

2 hours ago Alibaba’s overhaul could be followed by tech peers: KraneShares According to KraneShares CIO Brendan Ahern, Alibaba’s big shakeup could be followed by its Chinese tech peers. “I think investors are saying what we saw in Alibaba, really the leader in Chinese technology, that their plans can be used by others,” Ahern said, … Read more