Author: admin@primenews

The economic relationship between the US and China is mutually beneficial and opening lines of communication is key to maintaining it, US Commerce Secretary Gina Raimondo told CNN’s Dana Bash on Sunday. Raimondo concluded a four-day visit to the world’s second-largest economic power last week. She is the fourth cabinet member to visit China this year and the first commerce secretary to visit China in five years. The crux of her trip was engaging in an open dialogue while maintaining a tough stance. “We know for a fact that not talking leads to escalation, miscalculation and misunderstanding, which is bad for…

Labor Day is here, which means summer is winding down and schools are reopening. The first Monday in September also commemorates the American labor movement and contributions workers have made to the US economy. Since it’s a bank holiday, many Americans will be traveling or hosting their last summer barbeques. But if you have errands to run, here are the businesses and institutions that will be open and closed on Monday, September 4. Retailers Those who need to run into the grocery store will be in luck. Major retailers such as Walmart (WMT), Target (CBDY) and Kroger (KR) will be operating as normal. Most Walgreens…

Billionaire businessman Terry Gou has resigned from the board of directors of Foxconn, the world’s largest electronics manufacturer, days after announcing his bid for Taiwan’s presidency. In a statement to CNN, Foxconn’s parent company Hon Hai Technology Group confirmed Gou’s resignation and said it “would not immediately elect a director” as the board had eight other directors and independent directors. A self-made, septuagenarian billionaire with a net worth of $6.8 billion, the 72-year-old Gou founded Foxconn, established as Hon Hai Precision Industry in Taiwan in 1974. It grew to become an international business empire and one of the world’s largest electronics contract manufacturers.…

A global search has been launched to find one of the world’s most iconic instruments – Paul McCartney’s original Höfner bass guitar. The Lost Bass Project is appealing for information about what it describes as “the most important bass in history”. McCartney bought the instrument for £30 ($38) in Hamburg, Germany, in 1961, but it disappeared eight years later. The hunt began after McCartney urged manufacturers Höfner to track down his beloved instrument. The bass features in The Beatles’ music of those years, including the hits Love Me Do and She Loves You. Nick Wass is heading Höfner’s search project…

The last time three-year-old Anirudh was captured on video, he lay listlessly on a hospital bed with wires attached to his hands. His mother is seen desperately trying to feed him, talking about the games he can play once he recovers. Three days later, on 10 January 2020, the child died in the hospital. For a fortnight before his death, he had suffered from diarrhoea and vomiting, and was unable to urinate. His parents say these symptoms began after they gave him a cough syrup – bought over the counter from a local chemist in Ramnagar, a small town in…

Several weather warnings have been issued across Spain as heavy rain causes major flooding across parts of the country. Maximum red weather alerts are in place in the Madrid, Toledo and Cádiz regions. Sunday’s football match between Atletico Madrid and Sevilla was suspended due to the torrential rain. Residents in Madrid have been asked to stay at home due to “the exceptional and abnormal” rainfall, the mayor said. In the Spanish capital alone, firefighters have been called to alleviate the situation in flooded roads 190 times. Much of the rainfall, brought by Storm Dana, has been concentrated in Cádiz, Tarragona…

An independent inquiry has found no evidence that South Africa supplied weapons to Russia, President Cyril Ramaphosa has said. The panel rejected claims made by the US ambassador to South Africa that a Russian ship was loaded with ammunition and arms in Cape Town last December. The allegations had raised questions over the country’s professed neutrality in the war with Ukraine. Mr Ramaphosa said it had damaged the nation’s currency and reputation. “The panel found that there was no evidence to support the claim that the ship transported weapons from South Africa destined for Russia,” the president said in a…

More than 40 people were injured in Taiwan after Typhoon Haikui ripped across the island, uprooting trees and forcing thousands to evacuate. The storm – which made landfall on Sunday on the east coast – was the first to directly hit the island in four years. Amid torrential rain and high winds, two people in a mountainous region were hurt after a falling tree hit a car. Dozens others were injured – mainly by falling debris, said officials. On Monday, clean-up crews were working on restoring services after 160,000 homes lost power on Sunday. But so far there are no…

An investigation has been launched into the death of a person during torrential rain at the Burning Man festival in the US state of Nevada. Thousands of people remain stranded at the event after the bad weather turned the ground to deep, slippery mud. Revellers have been told to take shelter and conserve their food, while roads in and out of the event are closed as vehicles can barely move. Burning Man is held in the Black Rock Desert, which is usually dry and dusty. In a statement on Saturday, the Pershing County Sheriff’s Office said it is “currently investigating…

US President Joe Biden has said he is “disappointed” that his Chinese counterpart Xi Jinping plans to skip the upcoming G20 summit in India. Chinese Premier Li Qiang is expected to represent Beijing at the summit in New Delhi this week, Reuters reported. “I am disappointed… but I am going to get to see him,” Mr Biden told reporters on Sunday, but did not say when that meeting may take place. The two leaders last met at the summit in Indonesia last year. Mr Xi had earlier said he would travel to the Indian capital for the meeting – but…