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Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue

Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage and solar business.The demand picture

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Europe to boost battery production as electric shift accelerates

A Volkswagen ID.3 electric car on the road in Dresden, eastern Germany, September 13, 2020. /CFP As electric car sales take off and petrol engines face being phased out by 2035, Europe is look

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UNESCO World Heritage list adds new sites from various countries

Spa in Karlovy Vary of the Czech Republic is added to the World Heritage list by the UNESCO World Heritage Committee at a meeting in Fuzhou, southeast China's Fujian Province, July 24, 2021. /CFP

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Largest U.S. wildfire already has consumed 120,000 hectares

01:35 There are currently 80 large wildfires raging in 13 states across the U.S., burning more than 1.1 million acres, mostly in western states, according to the National Interagency Fi

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Watch soccer players swallowed by 'dust devil'

00:41 A 'dust devil' rolled its way across a playing field during a local soccer game in Bolivia, causing no apparent damage. The players were in the middle of a small tournament final

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Typhoon Cempaka hits S China's Guangdong Province

00:39 Cempaka, the seventh typhoon of the year, centered in the coastal waters about 90 kilometers southeast of Yangjiang City in Guangdong Province early in the mornin

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Advanced technologies give boost to Beijing Winter Olympics

02:33 Monday marks the 200-day countdown to the Beijing 2022 Winter Olympics. Organizers are busy putting the final touches on venues and other infrastructures. Meanwhile, technologies

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Beijing film festival jury includes two foreigners

Next month's 11th Beijing International Film Festival, one of the biggest movie events in China, announced its jury panel for the Tiantan Award in Beijing on Thursday.Aside from actress Gong Li, w

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Over 60 dead, dozens missing as severe floods strike Europe

More than 60 people have died and dozens were missing Thursday as severe flooding in Germany and Belgium turned streams and streets into raging torrents that swept away

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Advancing climate-resilient development: Lessons from China

VCG Editor's note: Alexander Ayertey Odonkor is an economic consultant, chartered economist and a chartered financial analyst with a keen interest in the economic landscape of countries in Asi

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Twitter is shutting down Fleets on August 3, citing low usage

Stories that disappear after a period of time are where the action is on social platforms like Snapchat, Instagram, WhatsApp and Facebook. But when it comes to Twitter, it looks the product itself is

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8 more dead pulled from rubble of collapsed Florida condo

The search for victims of the collapse of a Miami-area high-rise condominium reached its 14th day on Wednesday, with the death toll at three dozen, more than 100 people

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Elsa weakens to a tropical storm as it takes aim at Florida

Elsa weakened to a tropical storm as it threatened Florida’s northern Gulf Coast on Wednesday after raking past the Tampa Bay region with gusty winds and heavy rain.The

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Corporate net debt seen rising as companies spend pandemic cash piles

Global corporates' net debt will increase by as much as $600 billion this year as they start to spend some of the cash piles accumulated during the pandemic, a study by

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Tropical Storm Elsa, back over water, takes aim at Florida

The conditions in southern Florida have begun to deteriorate as Tropical Storm Elsa took aim at the Florida Keys early Tuesday, prompting a hurricane watch for portions

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FTC’s antitrust case against Facebook falters but doesn’t quite fall in federal court

An antitrust suit against Facebook by the FTC and several states had the wind taken out of its sails today by a federal judge, who ruled that the plaintiffs don’t provide enough evidence that th

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The U.S. first largest offshore wind-farm

03:12 The Biden administration recently approved construction on the first large scale offshore wind farm in the U.S. heralding a new cleaner era.He’s also promised a boom in green jobs