Tesla loses market share in Germany as sales drop nearly 60%
Tesla’s sales in Germany saw a sharp decline of nearly 60% in January, according to data from the Federal Motor Transport Authority (KBA). The drop...
Month : February 2025
Nobel economist says Bitcoin will go bust, questions its utility
Nobel Prize-winning economist Eugene F. Fama has made a bold prediction about the future of Bitcoin, suggesting that the world’s most popular cryptocurrency may become...
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The...
France’s 2026 public deficit to exceed forecast but stay below 5%
The French Ministry of Economy announced that the country’s projected public deficit for 2026 will exceed initial estimates but remain below 5 percent of GDP....
UK growth forecast slashed as Bank of England lowers rates
The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%....
EU holds Temu and Shein accountable for unsafe e-commerce imports
The European Commission has announced that Chinese e-commerce platforms Temu and Shein will be held accountable for the sale of unsafe or non-compliant products on...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia's stock surged over 4% on Wednesday, rebounding from last week's sell-off as concerns over China's DeepSeek AI model failed to dampen Big Tech's spending...
Eleven killed in mass shooting at adult education center in Sweden
Eleven people were killed in a mass shooting on Tuesday at Campus Risbergska, an adult education center in Örebro, Sweden, approximately 200 kilometers west of...
European Union agrees to bolster defense capabilities further
European Union leaders have pledged to increase defense spending and strengthen the continent's defense industry in an effort to enhance security and reduce reliance on...
Poland loses EU court case over judicial reform penalties
The European Union's General Court has dismissed Poland’s legal complaints regarding €320 million ($333 million) in fines imposed by the EU in 2022 and 2023...