Apple's third-quarter revenue rose 10 percent

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Source: People's Republic of China in Russian – People's Republic of China in Russian –

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Source: People's Republic of China – State Council News

SAN FRANCISCO, Aug. 1 (Xinhua) — Apple on Thursday reported financial results for the third quarter of its fiscal 2025 ended June 28. The company's revenue was $94 billion, up 10 percent from a year earlier.

Diluted earnings per share for the quarter were $1.57, up 12 percent from a year earlier. The company's quarterly net income rose to $23.43 billion from $21.45 billion a year earlier.

iPhone sales rose to $44.58 billion from $39.3 billion a year earlier. Mac sales rose to $8.05 billion from $7.01 billion a year ago.

The company's services revenue was $27.42 billion, up from $24.21 billion in the previous year.

Sales of wearables, home goods and accessories fell to $7.4 billion from $8.1 billion a year earlier.

“Today, Apple is proud to report another record revenue for the June quarter, with double-digit growth across iPhone, Mac and Services, and growth worldwide in all geographic segments,” said CEO Tim Cook.

“We are very pleased with our record financial performance in the June quarter, which resulted in earnings per share growth of 12 percent,” said Apple CFO Kevan Parekh.

Apple's board of directors has declared a cash dividend of $0.26 per share of the company's stock. –0–

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China Development Bank issues its first loan to Kazakhstan Temir Zholy for the purchase of locomotives

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Source: People's Republic of China – State Council News

BEIJING, Aug. 1 (Xinhua) — China Development Bank (CDB) recently issued its first loan of 180 million yuan (about 25.18 million U.S. dollars) for Kazakhstan Temir Zholy (KTZ)'s project to purchase 200 locomotives, thanks to which the first batch of locomotives has been delivered and put into operation, Zhongxinwang reported on Thursday, citing a source in the bank.

In February this year, a banking consortium founded by the CDB and the Import-Export Bank of China signed an agreement with Kazakhstan's state-owned transport and logistics holding KTZ to provide it with a loan of 3.56 billion yuan, which was to be used to purchase 200 locomotives from the Chinese company CRRC Co., Ltd.

With the exchange rate-linked advantages of cross-border financing of the Chinese national currency Renminbi, the Kazakh enterprise was offered a highly efficient and low-cost financing option, the CDB noted.

Successful implementation of this project will effectively increase the capacity of railway transportation in Kazakhstan, the bank added.

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China Southern Airlines and Kazakhstan's Air Astana Sign Codeshare Agreement

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BEIJING, Aug. 1 (Xinhua) — China Southern Airlines and Kazakhstan's Air Astana have signed a codeshare agreement, the China Daily reported on Thursday.

The codeshare agreement between the Chinese and Kazakh airlines was reportedly signed on July 29. The parties agreed to jointly operate flights on major routes, significantly expanding the options for passengers traveling between the two countries.

The agreement covers a wide range of destinations. In particular, we are talking about China Southern Airlines flights from Beijing /Daxing Airport/, Guangzhou, Urumqi and Xi'an to Almaty, as well as from Guangzhou and Urumqi to Astana. In turn, Air Astana will operate flights from Almaty to Beijing /Shoudu Airport/, Urumqi and Guangzhou, as well as from Astana to Beijing /Shoudu Airport/.

As Han Wensheng, CEO of China Southern Airlines, emphasized, the airline attaches great importance to the Kazakhstan market. Through cooperation with Air Astana, China Southern Airlines will further increase the frequency of flights between China and Kazakhstan.

Air Astana CEO Peter Foster, in turn, noted that China remains a strategically important destination for Air Astana. According to him, the new partnership will allow them to strengthen their development in the Chinese market, and will also open a new chapter in cooperation between the airlines of the two countries.

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D. Trump signs executive order to change tariff rates with dozens of trading partners

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NEW YORK, July 31 (Xinhua) — U.S. President Donald Trump on Thursday signed an executive order further changing tariff rates with nearly 70 trading partners.

The decree introduces “additional ad valorem duties on goods from certain trading partners.”

According to an appendix to the White House press release, most of the new tariff rates range from 10 percent to 40 percent.

The new tariffs will come into force seven days after the date of the decree, except in cases related to logistics.

As D. Trump noted in the document, some US trading partners, despite participating in the negotiations, proposed conditions that do not sufficiently eliminate the “imbalance” in trade relations or do not meet US demands on “economic and national security issues.”

“Some trading partners have failed to engage with the United States or to take adequate steps to sufficiently align their actions with the United States on economic and national security issues,” the president said.

The order requires the Secretary of Commerce and the Secretary of Homeland Security, along with other senior officials, to publish every six months a list of countries and specific facilities used in tariff evasion schemes to inform government procurement, national security reviews, and commercial due diligence.

In addition, key U.S. government agencies are directed and authorized to take “all necessary actions” to implement this order consistent with applicable law. –0–

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D. Trump demanded that 17 pharmaceutical companies reduce drug prices within 60 days

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Source: People's Republic of China – State Council News

WASHINGTON, July 31 (Xinhua) — U.S. President Donald Trump on Thursday sent letters to the heads of 17 pharmaceutical companies, demanding that they lower drug prices within 60 days, threatening to take action if they refuse.

On his Truth Social page, D. Trump published letters sent to 17 pharmaceutical manufacturers, including Eli Lilly, Pfizer and Merck. They demand that they take steps to reduce drug prices in the US.

The letters were sent after Trump signed an executive order in May to restore the “most favored nation” policy, which is designed to lower drug prices by tying the cost of some medications in the U.S. to much lower prices in other developed countries.

“Most of the proposals my administration has received to ‘solve’ this critical problem have promised the same thing: shifting blame and demanding policy changes that will result in billions of dollars in handouts to industry,” Trump said in the letters.

“Going forward, the only thing I will accept from drug manufacturers is a commitment to protect American families from exorbitant drug prices and to stop European and other developed countries from freely using American innovations,” he said.

D. Trump also warned that if the pharmaceutical companies that received the letters refuse to meet, “we will use every tool in our arsenal to protect American families from continued abuses in drug pricing.” The president did not specify what measures would be taken.

Currently, brand-name drugs in the United States cost, on average, three times more than identical drugs in other countries, the letters say.

Shares of major pharmaceutical companies fell after the letter news broke. On Thursday, shares of Eli Lilly and Pfizer fell more than 2 percent, while shares of Merck fell more than 4 percent. –0–

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Chinese Academy of Engineering Releases List of Promising New AI Technologies

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Source: People's Republic of China – State Council News

BEIJING, Aug. 1 (Xinhua) — The Chinese Academy of Engineering (CAE) on Thursday released a list of promising information engineering technologies and emerging artificial intelligence (AI) technologies that are expected to be key to AI development in the next five to 10 years.

The list includes about 300 technologies.

In terms of information engineering technology innovations, the list includes 163 technologies in areas such as 6G communications, multimodal large-scale artificial intelligence models, and general-purpose AI super agents.

The list includes 122 emerging technologies designed to help transform traditional industries and drive cross-disciplinary integration. These technologies span fields such as computational neuroscience, smart wearables, and AI-powered drug discovery.

In addition, the list includes 12 promising AI technologies that are closely related to the daily life of the population, including technologies for creating large-scale artificial intelligence models, intelligent unmanned systems, and embodied AI.

According to IAC academician Yu Shaohua, the purpose of publishing the above list is to deepen the public's understanding of the future impact of AI on social life, as well as to promote strategic planning for the development of artificial intelligence. -0-

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Lightning: One worker killed, nine injured, five missing in seismic event at Andesita mining site in Chile – media

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Xinhua | 01. 08. 2025

Keywords: Chile

Source: Xinhua

Lightning: One worker killed, nine injured, five missing in seismic event at Andesita mining site in Chile – media Lightning: One worker killed, nine injured, five missing in seismic event at Andesita mining site in Chile – media

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Over the past 24 hours, about 120 aftershocks have been recorded in Kamchatka

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Source: People's Republic of China – State Council News

Vladivostok, Aug. 1 (Xinhua) — Over the past 24 hours, Kamchatka has recorded about 120 aftershocks ranging in magnitude from 3.5 to 6.7 after a powerful earthquake that occurred on July 30, TASS reported on Friday, citing the Main Directorate of the Russian Emergencies Ministry for Kamchatka Krai.

According to the report, some of the aftershocks of up to 5 points were felt in populated areas of the region. Two temporary accommodation points have been set up to receive citizens in Petropavlovsk-Kamchatsky and in the Yelizovsky district. On the morning of August 1, there were 190 people in them. Psychologists from the Russian Emergencies Ministry are working with people.

According to seismologists, seismic activity in the region is decreasing, although it still remains high. The aftershock process after the earthquake of July 30, according to forecasts, will last for several months.

On the morning of July 30, a powerful earthquake occurred off the coast of Kamchatka, the strongest since 1952. Its magnitude, according to the Kamchatka branch of the Unified Geophysical Service of the Russian Academy of Sciences, reached 8.7. –0–

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Belarus is determined to deepen and expand cooperation with the PLA in all areas – Defense Minister

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Source: People's Republic of China – State Council News

MINSK, Aug. 1 (Xinhua) — Belarus is determined to deepen and expand cooperation with the People's Liberation Army of China (PLA) in all areas of mutual interest, Belarusian Defense Minister Lieutenant General Viktor Khrenin said Thursday during a ceremony to mark the 98th anniversary of the founding of the PLA.

The Minister of Defense of Belarus emphasized that the country values constructive dialogue, exchange of experience and close coordination with the Chinese Defense Ministry. “We are confident that friendship and cooperation between Belarus and China will continue to grow stronger, contributing to the security of our states and peoples, as well as to maintaining peace on the planet,” V. Khrenin noted.

In addition, he expressed his deepest respect and gratitude to the valiant soldiers of the Chinese army for their selfless service and combat readiness to defend the Motherland.

"I would like to congratulate the PLA veterans separately. In this anniversary year, the year of the 80th anniversary of the Victory of the Soviet people in the Great Patriotic War and the 80th anniversary of the victory over Japan and the end of World War II, we say words of gratitude to them for today's peaceful skies, their courage and fortitude as true defenders of their Fatherland," the Belarusian Defense Minister emphasized, and also wished good health and well-being to all servicemen, veterans and their families, prosperity and peace to the Chinese people.

“Belarus highly values the outstanding role of the PLA in maintaining global and regional stability,” V. Khrenin summed up. –0–

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“Shoulder to Shoulder – to a Common Victory”: Xinhua Photo Exhibition Opens in Minsk in Honor of the 80th Anniversary of the Victory in the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War

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MINSK, Aug. 1 (Xinhua) — A Xinhua photo exhibition titled "Shoulder to Shoulder – Towards a Common Victory" dedicated to the 80th anniversary of the victory in the Chinese People's War of Resistance Against Japanese Aggression and the World Anti-Fascist War opened in Minsk on Thursday. The exhibition was visited by more than 300 people, including representatives of Belarusian political, military and academic circles, media and public organizations.

The exhibition features 34 photographs that vividly reflect the heroic struggle of the Chinese people against the Japanese aggressors, tell the touching story of the joint resistance of Soviet volunteer pilots and the Chinese people, and also demonstrate the deep military friendship between the peoples of China and Belarus during the World Anti-Fascist War.

First Deputy Minister of Foreign Affairs of Belarus Sergei Lukashevich, who visited the exhibition, shared his impressions.

"This is an interesting and rich exhibition. It was very interesting for me to get acquainted with its content. Photographic documents are displayed here, the history that unites Belarus and China. Today, the two countries together advocate for the preservation of historical memory. It is very important now to talk about the true side of this history. This is also of great importance for young people, so that there is no distortion of the realities in which we live," noted S. Lukashevich. According to him, historical truth for the peoples of China and Belarus is a very important element on which it is possible to build a correct, literate and educated society.

In turn, the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Belarus Zhang Wenchuan told Xinhua that this year marks the 80th anniversary of the Victory in the Chinese People's War of Resistance against Japanese Aggression, the Great Patriotic War of the Soviet Union and the World Anti-Fascist War.

“China and the USSR, as the main theaters of military operations in Asia and Europe during World War II, became the mainstay in the fight against Japanese militarism and German Nazism, making a decisive contribution to the victory in the World Anti-Fascist War. The photo exhibition vividly reproduces the heroic deeds of the Chinese nation in the united resistance to the Japanese invaders, and also tells about the true friendship between China and the USSR, forged during the war years. After 80 years, China and Belarus firmly adhere to the course of preserving historical memory, joint development and protecting international justice, jointly striving for a brighter future for humanity,” the Chinese ambassador concluded.

The exhibition was organized by the Minsk office of the Xinhua News Agency and China Image Group with the support of the Chinese Embassy in Belarus. –0–

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