Judge slashed a $667m damages award to Energy Transfer over Greenpeace’s role in Dakota Access Pipeline protests A North Dakota judge on Friday finalized a $345m judgment against Greenpeace in a lawsuit pursued by pipeline company Energy Transfer (ET.N) over the environmental group’s role in protests against the construction of the Dakota Access Pipeline. The final judgment by judge James Gion was...
Judge slashed a $667m damages award to Energy Transfer over Greenpeace’s role in Dakota Access Pipeline protests A North Dakota judge on Friday finalized a $345m judgment against Greenpeace in a lawsuit pursued by pipeline company Energy Transfer (ET.N) over the environmental group’s role in protests against the construction of the Dakota Access Pipeline. The final judgment by judge James Gion was in line with a decision he issued in October, in which he slashed by almost half a damages award of about $667m that a jury had awarded Energy Transfer in March. Continue reading...
Afghanistan’s Taliban rulers said on Friday they were willing to negotiate after Pakistan bombed their forces in major cities and said the allies-turned-foes were in “open war”. Pakistan struck the Afghan capital Kabul, the city of Kandahar, where Taliban leaders were based, and other towns, a Taliban spokesman said. The attacks were its first directly targeting Afghanistan’s government over alle...
Afghanistan’s Taliban rulers said on Friday they were willing to negotiate after Pakistan bombed their forces in major cities and said the allies-turned-foes were in “open war”. Pakistan struck the Afghan capital Kabul, the city of Kandahar, where Taliban leaders were based, and other towns, a Taliban spokesman said. The attacks were its first directly targeting Afghanistan’s government over allegations it harbours militants seeking to overthrow the Islamabad government. Taliban spokesman...
A man who claims to have Aids has been arrested after hijacking a bus in Hong Kong and causing it to crash, the South China Morning Post has learned. A source said the 28-year-old mainland Chinese man, surnamed Miao, had blood stains on his hands when he was apprehended. The man also incoherently spoke in Chinese and appeared dazed, according to the insider. The 54-year-old Citybus driver, surname...
A man who claims to have Aids has been arrested after hijacking a bus in Hong Kong and causing it to crash, the South China Morning Post has learned. A source said the 28-year-old mainland Chinese man, surnamed Miao, had blood stains on his hands when he was apprehended. The man also incoherently spoke in Chinese and appeared dazed, according to the insider. The 54-year-old Citybus driver, surnamed Choi, made a report to police at 6.45pm on Friday after upper-deck passengers told him that Miao...
Until last year, Fidelity International’s most significant cornerstone commitments on the Hong Kong initial public offering (IPO) market dated back to 2021, when Chinese short-video platform Kuaishou Technology raised US$5.4 billion and healthcare firm Medlive Technology completed a US$543.4 million listing. Then for the next four years, the asset manager went quiet. Late last year it returned to ...
Until last year, Fidelity International’s most significant cornerstone commitments on the Hong Kong initial public offering (IPO) market dated back to 2021, when Chinese short-video platform Kuaishou Technology raised US$5.4 billion and healthcare firm Medlive Technology completed a US$543.4 million listing. Then for the next four years, the asset manager went quiet. Late last year it returned to Chinese assets in force. It backed gold miner Zijin Gold International’s US$3.2 billion listing in...
Ahead of China’s annual legislative meetings – typically a window into Beijing’s top-level policy agenda – this is the second entry in a series examining the complex economic recalibration driving China’s growth philosophy and its wide-ranging implications for local governments, financial investors and private enterprises. Beijing’s campaign to purge the bureaucracy of a growth-at-all-costs mindse...
Ahead of China’s annual legislative meetings – typically a window into Beijing’s top-level policy agenda – this is the second entry in a series examining the complex economic recalibration driving China’s growth philosophy and its wide-ranging implications for local governments, financial investors and private enterprises. Beijing’s campaign to purge the bureaucracy of a growth-at-all-costs mindset has caught some local officials off guard, triggering a mix of confusion and contradictory...
WeRide, one of China’s big three robotaxi companies, has cut research and development (R&D) costs by “millions” of US dollars by using artificial intelligence to train its fleet in virtual worlds, its CEO said. While rivals had also developed AI models simulating the physical world, WeRide’s efforts stood out as it was using its world model Genesis to support its global expansion strategy, said To...
WeRide, one of China’s big three robotaxi companies, has cut research and development (R&D) costs by “millions” of US dollars by using artificial intelligence to train its fleet in virtual worlds, its CEO said. While rivals had also developed AI models simulating the physical world, WeRide’s efforts stood out as it was using its world model Genesis to support its global expansion strategy, said Tony Han. “It’s the first real marriage between physical AI and generative AI,” Han told the South...
Central Asia has long been someone else’s crossroads. Squeezed between an overbearing Russia to the north and an increasingly unstable Iran to the west, the region’s landlocked ex-Soviet republics have settled on a different solution: send railways south, through Taliban-controlled Afghanistan, all the way to the Arabian Sea. Kazakhstan and Uzbekistan – Central Asia’s two largest economies – have ...
Central Asia has long been someone else’s crossroads. Squeezed between an overbearing Russia to the north and an increasingly unstable Iran to the west, the region’s landlocked ex-Soviet republics have settled on a different solution: send railways south, through Taliban-controlled Afghanistan, all the way to the Arabian Sea. Kazakhstan and Uzbekistan – Central Asia’s two largest economies – have in recent months struck preliminary multilateral agreements for the construction of two...