Tesla loses market share in Germany as sales drop nearly 60%
Tesla's Germany sales plunged nearly 60% in January, falling to third place. Analysts link the drop to CEO Elon Musk’s support for far-right AfD, sparking...
Month : February 2025
Nobel economist says Bitcoin will go bust, questions its utility
Nobel laureate Eugene Fama warns Bitcoin may be worthless in 10 years, arguing its volatility prevents it from being a viable currency. His remarks reignite...
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon is set to invest $100 billion in AI for 2025, surpassing last year’s $83 billion spend, as CEO Andy Jassy calls it a "once-in-a-lifetime"...
France’s 2026 public deficit to exceed forecast but stay below 5%
France revises its 2026 public deficit estimate, exceeding earlier forecasts but staying under 5%. The adjustment comes amid efforts to stabilize finances and meet EU...
UK growth forecast slashed as Bank of England lowers rates
The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
EU holds Temu and Shein accountable for unsafe e-commerce imports
The EU will hold Temu and Shein liable for unsafe product sales as part of a crackdown on low-cost e-commerce imports, aiming to protect consumers...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model....
Eleven killed in mass shooting at adult education center in Sweden
Eleven people were killed in a mass shooting at Campus Risbergska in Örebro, Sweden. The suspected gunman is among the dead as police investigate the...
European Union agrees to bolster defense capabilities further
EU leaders commit to boosting defense spending, focusing on air and missile defense, military mobility, and procurement to strengthen Europe's security and strategic autonomy....
Poland loses EU court case over judicial reform penalties
The EU's General Court ruled against Poland, upholding €320 million in fines over judicial reforms. Poland’s challenge was dismissed, maintaining the financial penalties....