Skip to content
Search

Latest Stories

News

Hard Numbers: China fines Alibaba, India’s COVID surge, East African oil pipeline, Merkel succession race

Hard Numbers: China fines Alibaba, India’s COVID surge, East African oil pipeline, Merkel succession race

Jack Ma attends World Zhejiang Entrepreneurs Convention

Reuters

2.8 billion: Chinese regulators fined e-commerce giant Alibaba a record $2.8 billion — about four percent of its 2019 revenue — for abusing its dominant market position and forcing merchants to operate exclusively on its platform. Alibaba founder Jack Ma has fallen out with Beijing in recent months after the billionaire publicly criticized China's regulators for stifling innovation in technology.


13.5 million: India has surpassed Brazil to become the country with the second highest number of COVID infections. Only the US tops its number of 13.5 million infections. The news comes as millions of Indians gather in huge crowds to bathe in the Gangers river for Kumbh Mela, a Hindu festival that occurs every 12 years and is considered the world's largest religious gathering. Event organizers ignored pleas by health authorities to cancel the event.

1,445: Tanzania and Uganda have signed an agreement to build a 1,433-kilometer (898 mile) pipeline to transport Ugandan oil to the Indian Ocean via the Tanzanian port of Tanga. The $3.5 billion project to construct the world's longest heated oil pipeline has been decried by environmentalists, who fear it will damage fragile ecosystems near Lake Victoria and the Serengeti.

2: The current leaders of two German länder will compete to be the ruling CDU/CSU conservative coalition's candidate for chancellor in the September federal election. Bavaria and CSU chief Markus Söder is challenging Armin Laschet, governor of North Rhine-Westphalia — the country's most populous state — and recently elected president of outgoing Chancellor Angela Merkel's CDU party.

More For You

A family votes during the second round of Hungary's general election in Budapest, April 23, 2006. Hungarians went to the polls on Sunday with the Socialist-led government of Prime Minister Ferenc Gyurcsany looking set to make history by becoming the first to retain power since the return of democracy in 1990.

A family votes during the second round of Hungary's general election in Budapest, April 23, 2006. Hungarians went to the polls on Sunday with the Socialist-led government of Prime Minister Ferenc Gyurcsany looking set to make history by becoming the first to retain power since the return of democracy in 1990.

REUTERS/Laszlo Balogh
With the year's end fast approaching, it's time to look ahead to the elections that could reshuffle global power dynamics in 2026. Here are a few you should keep an eye on.Hungary’s parliamentary electionsAfter consolidating power and chipping away at democratic freedoms, Hungary’s Prime Minister Viktor Orbán faces his most credible challenger in [...]
Slovenia's Foreign Minister Tanja Fajon, Ukrainian President Volodymyr Zelenskiy and Secretary General of the Council of Europe Alain Berset applaud during a Council of Europe diplomatic conference in The Hague, Netherlands, December 16, 2025.

Slovenia's Foreign Minister Tanja Fajon, Ukrainian President Volodymyr Zelenskiy and Secretary General of the Council of Europe Alain Berset applaud during a Council of Europe diplomatic conference in The Hague, Netherlands, December 16, 2025.

REUTERS/Piroschka van de Wouw
Ukraine peace talks up their paceUkraine peace talks are showing new signs of progress. US and European negotiators emerged from meetings in Berlin yesterday agreeing to provide so-called Article 5-like security guarantees and reportedly saying “90% of the issues between Ukraine and Russia” had been resolved. However, the promise seems vague and [...]
Canadian Prime Minister Mark Carney at the Kennedy Center in Washington, D.C., USA, on Dec. 5, 2025.

Canadian Prime Minister Mark Carney draws his country’s name at the FIFA World Cup draw at the Kennedy Center in Washington, D.C., USA, on Dec. 5, 2025.

ddp/Marc Schüler via Reuters Connect
158: Canada has been a self-governing nation for 158 years, and has been fully independent of the UK Parliament since 1982. But Prime Minister Mark Carney has been sprinkling British English spellings – think words like “globalisation” or “colour” – into some of his communiqués, rather than Canadian English. Some linguists are upset at his [...]
​Chief Superintendent of the police force's National Security Department Steve Li Kwai-wah speaks at the West Kowloon Magistrates' Courts building after the verdict in the national security collusion trial of pro-democracy media tycoon Jimmy Lai, in Hong Kong, China, on December 15, 2025.

Chief Superintendent of the police force's National Security Department Steve Li Kwai-wah speaks at the West Kowloon Magistrates' Courts building after the verdict in the national security collusion trial of Jimmy Lai, founder of the now-defunct pro-democracy newspaper Apple Daily, in Hong Kong, China, on December 15, 2025.

REUTERS/Lam Yik
156: After a 156-day trial, Hong Kong’s High Court found media tycoon Jimmy Lai guilty on national security charges on Monday. Lai, who advocated for democracy in the semi-autonomous Chinese city before the 2019 crackdown, now faces life imprisonment. The decision is another blow for Hong Kong’s pro-democracy movement. [...]