China In Large Russia-Hosted Drills Featuring 'Applied Lessons Of Ukraine War'

You'll Never Guess Which Nation Drinks The Most Tea Or Coffee With a global market valued at more than $300 billion in 2026, tea is said to be the second most consumed hot beverage in the world. As the United Nations notes, the tea industry provides "a major source of income and export earnings for some of the poorest countries and, thanks to its high labor requirements, generates numerous jobs, particularly in remote and economically disadvantaged areas." Statista Consumer Insights surveyed 32 countries around the world to find out more about global tea drinking...

"Now Taking Reservations For 2031 Delivery": GE Vernova Gas Turbine Backlog Climbs To 116 GW By Brian Martucci of UtilityDive GE Vernova posted double-digit revenue and order growth in the second quarter, driven once again by continued strong performance in its Power and Electrification business segments. Those segments, respectively, produce and service gas, hydro and nuclear power generation equipment; and commercial electrical equipment such as transformers and switchgears. GE Vernova’s beleaguered third segment, Wind, saw orders fall sharply amid persistent softness in U.S. demand for onshore wind turbines and blades. “We remain focused...

Shein IPO Flops As Fast-Fashion Empire Sees Growth Slowdown Chinese online fast-fashion retailer Shein made its long-awaited Hong Kong market debut Tuesday, only to fall flat in what can only be viewed as a disappointing IPO plagued by investor concerns about slowing growth, rising costs and an increasingly challenged international business model. "Shein's many challenges are well known to investors and likely behind the sharp share-price fall on IPO day," Vey-Sern Ling, managing director at Union Bancaire Privée, wrote in a note. "Growth is slowing and losses rising amid stiff competition...