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From hiking to hotpot, lonely consumers in China fuel a $7.4 billion companionship economy

On the stone steps leading up Mount Tai, one of China’s best-known peaks, hikers can book and ‌pay for “climbing buddies” to walk with them, carry bags and take photos for a few hundred yuan.

June 2, 2026
News

AI frenzy stokes inflation heat too

The Iran energy story may be masking a bigger inflation worry. The AI boom is building a head of steam in prices under the surface, and it’s a boom that will likely outlast any hiatus in the Gulf.

June 2, 2026
News

Startups shore up Ukraine’s defences with sea drone swarms and robot trucks

How to stop Russian drones flying undetected across the Black Sea to attack Ukraine’s port city of Odesa? That was the problem facing Ukraine’s military that Charles ​Maher set out to solve.

June 2, 2026
News

In France’s poor, diverse suburbs, Melenchon’s hard left charts a path to the presidency

When Bassi Konate became mayor of Sarcelles this spring, the independent candidate backed by the hard-left France Unbowed (LFI) party ended three decades of municipal rule ​by the Socialists, the traditional powerhouse of the French left.

June 2, 2026
News

Taiwan president says keeping political status quo is key to securing supply chains

Taiwan President Lai Ching-te said on Tuesday that maintaining the political status quo is ​the most responsible thing the island can do to secure global ‌supply chains as it hosts some of the world’s leading technology leaders for Computex.

June 2, 2026
News

Nvidia has capacity to supply robust AI growth despite constraints, says CEO

Nvidia CEO Jensen Huang said the company has enough supply to ​accommodate robust growth in central processing units and graphics processing units as it ‌rides an AI boom.

June 2, 2026
News

Nine dead, dozens wounded as Russia launches major attack across Ukraine

Air attacks on ​major Ukrainian cities such as Kyiv, Dnipro and Kharkiv killed at least nine and wounded more than 60, authorities said, following days of warnings that Moscow was planning a major assault.

June 2, 2026
News

Hundreds protest against planned US Ebola quarantine facility in Kenya

Hundreds of people took ​to the streets in the central Kenyan town of Nanyuki on Monday to protest moves by the ‌United States to set up an Ebola quarantine facility at a military base there, residents told Reuters, days after the High Court ordered the government to suspend the plan temporarily.

June 1, 2026
News

SpaceX sets aside 5% of IPO shares for selected buyers, waives lock-up

SpaceX has reserved 5% of the shares ‌in its planned initial public offering for certain employees and individuals selected by its executive officers, exempting them from post-IPO lock-up restrictions, according to a regulatory filing released on Monday.

June 1, 2026
News

Alphabet plans to raise $80 billion for AI goals, Berkshire to invest $10 billion

Alphabet is looking to raise $80 billion in equity offerings, including an investment from Berkshire Hathaway, the Google parent said on ​Monday, in its aggressive push to fund a costly expansion of its AI infrastructure.

June 1, 2026

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