Daily brief
A widespread system failure paralyzed Baidu's robotaxi service in China, causing autonomous vehicles to stall on roads and highways and stranding passengers. Police responded to the incident, described as a 'system malfunction' affecting the fleet. The outage highlights operational challenges in China's competitive autonomous vehicle sector.
Nike struggles in China as the consumer market shifts, with its stock declining amid ongoing difficulties, though other retailers see rebounds in certain segments.
Chinese airlines join a rush to raise fuel surcharges.
China quickly boosts energy security as the Iran war drags on.
Kazakhstan secures $125 million in export deals with China on the first day of the SCO Forum.
by WorldBrief & Maksim Micheliov | AI-generated summary