Global markets and technology sectors saw significant developments on Monday, as OpenAI and Microsoft reworked their partnership to allow broader cloud distribution, China moved to block Meta Platforms’ planned acquisition of Manus, US officials weighed Iran’s latest proposal amid ongoing tensions, and oil prices surged on supply concerns linked to disruptions in the Strait of

China’s order for Meta Platforms to unwind its $2 billion acquisition of artificial intelligence startup Manus is less about a single deal and more about a broader tension shaping the country’s tech strategy: how to build global champions without losing control. The episode highlights a recurring dilemma for Beijing. While policymakers want domestic firms to

China has launched its 2026 May Day Culture and Tourism Consumption Week to boost travel and spending during the holiday. With thousands of events, subsidies, and industry participation, the initiative highlights how May Day has evolved from a labor holiday into a key driver of domestic tourism and economic growth. As millions of travelers prepare