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As the West tries to punish Moscow, China touts growing energy ties with Russia

The BriefYour world right now

September 01st, 2014 | 7:22 AM

Russia flexes its muscles, looks east. Russia’s foreign minister called for an “immediate ceasefire” in Ukraine ahead of a meeting with his Ukrainian counterpart in Minsk. Earlier, president Vladimir Putin said “statehood” should be discussed for the breakaway regions of eastern Ukraine. China, meanwhile, appears to be siding with Russia—officials from Beijing are in Siberia to break ground on a pipeline that will carry gas to China.

August 31st, 2014 | 11:37 PM

A slight delay for Alibaba’s IPO. Alibaba Group Holding is pushing back investor meetings about its initial public offering for “about a week” to answer additional questions from the Securities and Exchange Commission, Bloomberg reports. The IPO, which is expected to raise more than $20 billion for Alibaba, may price on Sept. 18 and start trading on the 19th, several days later than was reported two weeks ago.

August 31st, 2014 | 1:17 PM

A new iPayments system? Maybe Apple and American Express can do what Google hasn’t done yet and bring about the broad embrace of the concept of the mobile wallet. Re/Code reports that AmEx is involved in a payments product that will be unveiled Sept. 9, when the iPhone 6 is expected to debut.  

August 31st, 2014 | 12:25 PM

Britain acts on homegrown jihadists. The UK is looking to block British citizens fighting in Syria and Iraq from returning home, though they could keep their passports. More than 500 British fighters are estimated to be there now. One of three British militants dubbed “the Beatles” is suspected of killing James Foley.

August 30th, 2014 | 9:05 AM

Burma misplaces nine million people. A recent census of the country also known as Myanmar revealed its population to be 51 million—significantly less than the government’s estimate of 60 million, which was based on the country’s last survey, in 1983. The BBC reported that 800,000 members of the Muslim Rohingya minority were not allowed to identify themselves as such.

September 01st, 2014 | 6:47 AM
Chart of the Moment

America’s dairy industry can’t keep up with butter demand

August 30th, 2014 | 1:37 PM

You’re next, Saudi king warns the West. Jihadist attacks “will reach Europe in a month and America in another month” unless world leaders halt ISIL’s reign of terror in the Middle East, said Saudi Arabia’s King Abdullah. His words echo John Kerry’s call for a global military effort to confront ISIL.

September 01st, 2014 | 6:37 AM

China’s insurers get creative. To drum up business in a stagnant market, Chinese insurance companies are taking to increasingly outlandish promotions. Add-ons to policies include covering cancelled honeymoons due to accidental pregnancies, refunding the cost of treating burns from simmering stew “hot pot” meals, and paying for damage caused by “mischievous and destructive” toddlers.

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