Amazon is planning too announce an enhanced version of its voice assistant,Alexa,powered by artificial intelligence (AI),later this month. According to multiple sources, the company will unveil this next-generation Alexa at an event in New York on February 26.The event will be led by Panos Panay, the head of Amazon’s device and services division. This upcoming … Read more
Apple Faces Backlash in the EU Over Digital Policy Changes in a significant shift, Apple has come under fire in the European Union (EU) following the introduction of new digital policies that have shaken consumer trust. The tech giant, once seen as a ”gatekeeper” of the app ecosystem, is now grappling with the fallout from … Read more
The US stock market experienced a sharp decline on the morning of February 3rd, 2025, as investors reacted to President Trump’s newly imposed tariffs. The Dow Jones Industrial Average fell by more than 1%, while the Nasdaq Composite and the S&P 500 both dropped by approximately 2%. This widespread sell-off was driven by fears that … Read more
Trump Tariffs Trigger Global Market Turmoil: Nikkei Plummets, Risk-off Sentiment Spreads The ripple effects of President Trump’s latest tariff policies are reverberating across global financial markets, with the Tokyo Stock Exchange experiencing one of its moast meaningful declines in recent history.On February 3, the Nikkei average plummeted by over 1,100 yen, marking a stark reaction … Read more
Nissan Motor Announces Early Retirement Recruitment for U.S. Plants Amid North America Sales Slump In a strategic move to address declining sales in North America, Nissan Motor has announced plans to recruit early retirees from three of its U.S. plants starting in April.The initiative is part of the company’s broader effort to reduce its … Read more
Nvidia Stock Surges in European Markets Amid AI Recovery The stock price of the US semiconductor giant Nvidia has seen a notable rise in the European stock market on Tuesday, January 29, 2025. This surge comes as part of a broader recovery in AI-related shares, wich had previously plummeted due to the emergence of low-cost … Read more
New Car sales in Europe Show Modest Growth in 2024, Hybrid Vehicles Lead the Charge Table of Contents New Car sales in Europe Show Modest Growth in 2024, Hybrid Vehicles Lead the Charge December Sales Surge and Hybrid Dominance manufacturer Performance: Volkswagen and Renault Lead the Pack Key Takeaways from the 2024 European Car Market … Read more
Teh Nikkei Stock Average experienced its fifth consecutive day of decline on January 15th, closing at 38,444.58 yen, down 29.72 yen from the previous trading day. This slight drop reflects a cautious market sentiment driven by rising interest rates in both Japan and the U.S., as well as anticipation of a potential rate hike by … Read more
Global Markets Brace for Impact as Trump Announces Tariff Hikes ahead of Inauguration markets worldwide are reeling as President Trump’s promise to impose sweeping tariffs ahead of his January 20 inauguration sends shockwaves through economies from China to Europe, Canada, and mexico. The proposed measures include a staggering 60% tariff on Chinese products, a flat … Read more
China’s EV Exports Face a Slowdown Amid Global Challenges In a surprising turn of events, China’s electric vehicle (EV) exports are expected to hit a standstill this year, with growth projected to remain at “zero growth,” according to Cui Dongshu, secretary General of the China Passenger Car Association (CPCA).This announcement comes despite China’s dominance in … Read more