Search Site

Microsoft unveils ‘AI-ready’ PCs

The company's pivot to AI has been celebrated by Wall Street.

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

China supported Russia to counter Wagner mutiny, says Moscow

Beijing says it is a neutral party in the Ukraine conflict. (AFP)
  • Russia said China expressed for the efforts of the leadership of the Russian Federation to stabilize the situation in the country.
  • It came after a meeting in Beijing between China's deputy foreign minister Ma Zhaoxu and Russian deputy foreign minister Andrey Rudenko.

MOSCOW, RUSSIA – Russia’s foreign ministry said on Sunday that Beijing had backed Moscow’s efforts to counter a short-lived armed uprising led by the head of the Wagner mercenary group Yevgeny Prigozhin.

“The Chinese side expressed support for the efforts of the leadership of the Russian Federation to stabilize the situation in the country in connection with the events of June 24, and reaffirmed its interest in strengthening the unity and further prosperity of Russia,” the Russian foreign ministry said in a statement.

The release came after a meeting in Beijing between China’s deputy foreign minister Ma Zhaoxu and Russian deputy foreign minister Andrey Rudenko.

Wagner mercenaries were headed back to base Sunday as their mutinous leader agreed to go into exile after President Vladimir Putin was forced to accept an amnesty deal.

China’s readout from the meeting however said the two deputy foreign ministers had “exchanged views” on bilateral ties and “international and regional issues of common concern”.

Beijing says it is a neutral party in the Ukraine conflict, but has been criticized by Western countries for refusing to condemn Moscow and for its close strategic partnership with Russia.