BEIJING (Reuters) – China on Tuesday issued draft rules to promote construction of overseas warehouses and expand cross-border e-commerce businesses, which have become a vital force in its foreign trade, according to the Chinese commerce ministry. Companies including Shein, PDD Holdings’ Temu and Alibaba’s AliExpress, which predominantly ship made-in-China products “cross border” to markets around the world have been rapidly …

Mining firm Rare Earths Norway says it has discovered Europe’s largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few deposits not owned or controlled by China, the discovery of continental Europe’s largest rare earths deposit is considered a welcome boost in Europe’s …

Bitcoin mining firm Bitfarms has implemented a shareholder rights plan to protect its shareholders’ interests amidst an unsolicited takeover bid from another Bitcoin miner—Riot Platforms. This move follows Riot Platforms’ increased stake in Bitfarms and their offer to acquire all outstanding shares. Bitfarms’ Strategic Defense Amid Hostile Takeover Attempts Bitfarms’ strategy, known as a “poison pill,” aims to prevent hostile …