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A business group says foreign companies are shifting investment and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges BEIJING -- Foreign companies are shifting investments and their Asian headquarters out of China as confidence plunges following the expansion of an anti-spying law and other challenges, a business group said Wednesday. The report by the European Union Chamber of Commerce in China adds is one of many signs of growing pessimism despite the ruling Communist Party’s efforts to revive interest in the world’s No. 2 economy following the end of anti-virus controls. Companies are uneasy about security controls, government protection of their Chinese rivals and a lack of action on reform promises, according to the European Chamber. They also are being squeezed by slowing Chinese economic growth and rising costs. Business confidence in China is “pretty much the lowest we have on record,” the European Cha...

Several Jewish groups, politicians and an alliance of civil society groups are planning a memorial ceremony and a protest rally against a concert by Roger Waters in Frankfurt BERLIN -- Several Jewish groups, politicians and an alliance of civil society groups are planning a memorial ceremony and a protest rally against a concert by Roger Waters in Frankfurt on Sunday evening. They accuse the Pink Floyd co-founder of antisemitism - an allegation he denies. Waters has also drawn their ire for his support of the BDS movement, which calls for boycotts and sanctions against Israel. Frankfurt authorities had initially tried to prevent the concert, but Waters challenged that move successfully in a local court. The concert is taking place in the city's Festhalle, where in November 1938 more than 2,700 Jews were rounded up by the Nazis, beaten and abused, and later deported to concentration camps. “It's very frustrating" that the concert is going ahead as scheduled even though Fr...

The Federal Aviation Administration is being sued by wildlife and environmental groups over SpaceX's launch of its giant rocket from Texas CAPE CANAVERAL, Fla. -- Wildlife and environmental groups sued the Federal Aviation Administration on Monday over SpaceX’s launch last month of its giant rocket from Texas. SpaceX’s Starship soared 24 miles (39 kilometers) high before exploding over the Gulf of Mexico on April 20. The rocket’s self-destruct system caused the nearly 400-foot (120-meter) rocket to blow up, as it spun out of control just minutes into the test flight. An attorney for the Center for Biological Diversity, one of the plaintiffs, said the groups are suing over what they consider to be the FAA’s failure to fully consider the environmental impacts of the Starship program near Boca Chica Beach in South Texas. They asked the court to throw out the five-year license the FAA granted to SpaceX. The FAA declined comment, noting it doesn't comment on ongoing litigation. Th...