Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
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Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
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China is spluttering under sky-high pollution levels which have brought factories, roads and schools to a standstill for several days.
State news agency Xinhua reported Tuesday that 23 cities in the Middle Kingdom have activated red alerts, the most severe weather warning. Xinhua also cited Beijing Capital International Airport's official Weibo account, which said that as of 2pm Tuesday, 273 flights had been cancelled.
Restrictions due to poor air quality have affected many aspects of life in China, including the delaying of online shopping deliveries, restaurants being prevented from cooking food should they not be fitted with fume processing equipment, and an increase in outbound passenger volumes from affected areas. Here are three more ways the Chinese smog has made headlines in recent days.
Nearly 500 hundred students at a school in China sat exams outside in the smog, the South China Morning Post reported Wednesday, citing Dahe News, an outlet local to the area.
The school in Linzhou, located in central China's Henan province, held exams outdoors on Monday after the school was closed by the authorities due to high smog levels.
Photographs circulating online show rows of pupils wearing masks while sitting their exams, with those several meters away from the camera obscured due to poor visibility.
The school's principle has been quoted as saying that he intended for the students to finish their exams, considering that the assessments had been organized in advance. The Telegraph, citing China Youth News, reported Wednesday that the principal has been suspended from duty.
Chinese lawyers have filed a lawsuit against the Beijing, Hebei and Tianjin local governments for failing to prevent the smog by implementing their own environmental laws, the Financial Times reported Wednesday.
A letter by the lawyers was posted on Weibo, the Chinese version of Twitter, the Financial Times said – though these posts have since been deleted.
"There are processes in China for taking the authorities to court over administrative failures," Roderic Wye, an associate fellow of the Asia program at Chatham House told CNBC via telephone. But, he added that it would be "difficult for the lawyers to reach a satisfactory conclusion."
The largest port in northern China, Tianjin, has "stopped handling coal, iron ore and other non-liquid products," Reuters reported Wednesday.
Tianjin is considered the main maritime gateway to Beijing. But, some operations have been suspended due to the smog, which has also meant that Chinese factories producing industrial materials have also curbed production.
Reuters also said that "Chinese steel and iron ore futures dropped for a sixth consecutive session," attributing this to the heavy smog.