News

China tightens drone exports in wider US countermeasures

China announced new countermeasures against the United States on Wednesday, including tighter controls on drone-related exports. It also restricted dealings with seven American entities. The measures took effect on August 5 after recent U.S. technology and import restrictions. China’s Ministry of Commerce said controlled drones, key components and related technologies will face stricter U.S.-bound export reviews. The rules apply to items already covered by China’s dual-use export control system. They do not create a blanket ban on all Chinese drone shipments to the American market.

Guatemala raises red alert as Fuego volcano erupts

The eruption began Monday and intensified as gas, lava and ash rose from the crater. Pyroclastic flows moved through several ravines on Fuego’s western and southwestern slopes, reaching distances of five to seven kilometers. These flows contain hot gas, ash and rock and can move at high speed. Monitoring teams also tracked an ash column spreading west and northwest, with volcanic material reported far beyond the immediate danger zone.

Health

Moderna begins Ebola vaccine trial amid DR Congo outbreak

The study will operate at three Canadian sites and enroll about 80 healthy adults. Researchers will assess the vaccine’s safety, tolerability and ability to produce an immune response. The trial will not determine whether the vaccine prevents infection because Phase 1 studies focus on early safety data. The Coalition for Epidemic Preparedness Innovations has committed up to $50 million for preclinical work, the trial and production of additional research doses.

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Automotive

Automotive

Porsche to cut 5000 more jobs under restructuring plan

German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the company to approximately 9,000 positions, representing roughly 21 percent of its 42,066 workforce. Company leadership confirmed that Porsche to cut 5,000 more jobs under restructuring plan negotiations following months of talks between management and labor councils. The initiative aims to bolster operational efficiency as the vehicle producer confronts declining market share in Asia, elevated global tariffs, and sluggish demand for electric vehicles.

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