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US President Trump said he has a very good relationship with Elon Musk.

2026-07-03

US President Trump said he has a very good relationship with Elon Musk.

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2026-07-03

Russia paid 210.6 billion rubles ($2.72bn) in June subsidies to refineries supplying the domestic market — more than sixfold YoY — to partly offset the gap between domestic and export fuel prices, the finance ministry said Friday. It was the largest

Russia paid 210.6 billion rubles ($2.72bn) in June subsidies to refineries supplying the domestic market — more than sixfold YoY — to partly offset the gap between domestic and export fuel prices, the finance ministry said Friday. It was the largest single-month subsidy since Dec 2023, mainly driven by elevated international fuel prices after disruptions in the Strait of Hormuz and by Ukrainian attacks on refineries that worsened nationwide shortages. The measures aim to boost domestic fuel inventories by incentivizing firms to store more oil products domestically and sell to consumers at lower prices.
2026-07-03

On July 2 in London, MOFCOM minister Raimondo chaired a roundtable with more than ten Chinese-invested firms operating in the UK. Participants from finance, insurance, new energy, autos, retail and telecoms, plus the China-Britain Chamber of Commerce

On July 2 in London, MOFCOM minister Raimondo chaired a roundtable with more than ten Chinese-invested firms operating in the UK. Participants from finance, insurance, new energy, autos, retail and telecoms, plus the China-Britain Chamber of Commerce, reported on UK operations and pressed for protection of overseas interests and expanded pragmatic cooperation. Raimondo said Sino‑UK trade has deepened and that Chinese firms in the UK have withstood pressure, deepened market presence and delivered solid economic returns. He called for continued cooperation in services, innovation and trilateral projects, and urged Chinese firms in the UK to strengthen self-discipline, compete orderly, protect the overall image of Chinese companies, and raise international management and risk‑control capabilities.
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