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China to restrict expansion of solar equipment producers

BEIJING (Reuters) - China intends to impose restrictions on expansion of solar equipment production to tackle overcapacity in the industry in the face of falling domestic installations, a draft plan issued by the country’s industrial ministry showed on Friday. FILE PHOTO: Employees row a boat as they examine solar panel boards at a pond in Lianyungang, Jiangsu Province, China, in this March 16, 2016 file photo.REUTERS/Stringer. Surging ... Full story

'Cannabis burned during worship' by ancient Israelites - study

Image caption Cannabis residue was found on an altar at the temple in Arad. Ancient Israelites burned cannabis as part of their religious rituals, an archaeological study has found. A well-preserved substance found in a 2,700-year-old temple in Tel Arad has been identified as cannabis, including its psychoactive compound THC. Researchers concluded that cannabis may have been burned in order to induce a high among worshippers. This is the first ... Full story

Hong Kong media tycoon vows to stay and 'fight' China, backs U.S. pressure

HONG KONG (Reuters) - Embattled Hong Kong publishing tycoon Jimmy Lai - one of the financial hub’s most prominent democracy activists - said on Friday he would fight till the last against Beijing’s imposition of national security laws and keep publishing. FILE PHOTO: Media mogul and Apple Daily founder Jimmy Lai Chee-ying leaves from a police station after being arrested for illegal assembly during the anti-government protests in Hong Kong, ... Full story

Futures hit by Sino-U.S. tensions at the end of strong month

Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid. (Reuters) - U.S. stock futures dropped on Friday as investors braced for President Donald Trump’s response to China’s national security legislation for Hong Kong, threatening to take the shine off ... Full story

On this day... May 30

(Reuters) - ON THIS DAY — MAY 30. FILE PHOTO: ON THIS DAY -- May 30 May 30, 2015 SOCCER - Lionel Messi celebrates after scoring the first goal for Barcelona against Athletic Bilbao in the Copa del Rey final at the Camp Nou. Messi scored one of his most famous goals when he received the ball on the right side of the pitch, dribbled past four defenders and finished at the near post to give Barca the lead. La Liga champions Barcelona won 3-1 and ... Full story

U.S. Asians, harassed over coronavirus, push back on streets, social media

NEW YORK (Reuters) - A spike in harassment of Asian-Americans since the coronavirus pandemic began has led community activists in the United States to fight back - forming street patrols, rallying on social media, and supporting each other online. Volunteers from the Chinatown Block Watch neighborhood patrol group pose for pictures before patrolling in Chinatown during the outbreak of the coronavirus disease (COVID-19) in New York City, New ... Full story

China says opposes U.S. THAAD defence system in South Korea

FILE PHOTO: Chinese Foreign Ministry spokesman Zhao Lijian speaks at a news conference in Beijing, China April 8, 2020. REUTERS/Carlos Garcia Rawlins. BEIJING (Reuters) - China’s foreign ministry said on Friday it firmly opposes the U.S. Terminal High Altitude Area Defense (THAAD) missile defence system in South Korea and urged the U.S. not to harm bilateral relations between Beijing and Seoul. American and South Korean troops brought ... Full story

Robbie Williams to rejoin Take That for virtual gig News

Image caption Take That in 2010, minus Jason Orange, as they will be on Friday night. Robbie Williams is to briefly rejoin Take That for a virtual as-live gig on Friday evening. The online charity concert will see the 46-year-old and his ex-bandmates Gary Barlow, Mark Owen and Howard Donald each perform from their own respective homes, due to the Covid-19 lockdown. A bit like your current work morning meeting, but with added 90s hits. It is the ... Full story

SoftBank pours $500M into Didi in China’s biggest autonomous driving round – TechCrunch

The race to automate vehicles on China’s roads is heating up. Didi, the Uber of China, announced this week an outsized investment of over $500 million in its freshly minted autonomous driving subsidiary. Placing the bet — the single largest fundraising round in China’s autonomous driving sector — is its existing investor Softbank, the Japanese telecom giant and startup benefactor that has also backed Uber. The proceeds came through Softbank’s ... Full story

China says Canada is an accomplice of U.S. in Huawei case

FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to attend a court hearing in Vancouver, British Columbia, Canada May 27, 2020. REUTERS/Jennifer Gauthier. BEIJING (Reuters) - China’s foreign ministry said on Friday that Canada is an accomplice to the U.S. government’s efforts to bring down Chinese tech giant Huawei and said Canada should immediate release Huawei executive Meng Wanzhou. Meng has been under ... Full story