Euro-zone inflation edged up in August, reinforcing the argument for the European Central Bank to hold policy steady for the near term and highlighting the growing link between subdued price pressures and central banks’ willingness to keep rates unchanged. The latest flash HICP reading showed headline inflation nudging above the ECB’s 2% target, while underlying…
Audi has embarked on a sweeping strategy overhaul under CEO Gernot Doellner, aiming to revitalize growth after recent years of sales setbacks and intensifying competitive pressures. At the heart of this revamp lies an ambitious long-term target: selling 2 million cars annually. This figure represents around 20 percent growth from 2024 levels and would mark…
U.S. President Donald Trump has long threatened to punish Moscow for its continued assault on Ukraine, yet when the time comes to act, he has repeatedly stopped short of unleashing the most punishing sanctions available to Washington. Russia, under Vladimir Putin, shows no inclination to halt its offensive, and Ukraine continues to suffer daily bombardments.…
A recent flurry of high-profile dismissals by President Donald Trump has set off alarms in Washington and beyond, raising a basic question about the health of American governance: why is the president apparently intent on expanding his control over traditionally independent institutions, and why has he turned to a strategy of rapid firings to get…
Meta’s emergence as a major player in generative AI has hit a raw nerve after an investigation found the company hosted dozens of chatbots impersonating high-profile celebrities — in some cases flirtatious, sexualized, and created without the consent of the persons they copied. The discovery has provoked a storm of legal, regulatory and reputational risks…
India’s Reliance Industries has doubled down on a technology play that goes far beyond a few product launches. By forging deeper ties with Google and Meta to accelerate artificial intelligence across its empire — from energy and retail to telecom and financial services — Reliance is trying to stitch together three powerful threads: cheap and…
The U.S. economy registered a notable pickup in core inflation in July, with the personal consumption expenditures (PCE) index excluding food and energy rising to 2.9% year-over-year — the strongest reading since February. Behind the headline number is a convergence of forces: the delayed pass-through of import tariffs into consumer prices, persistent services inflation —…
Alibaba’s stock surge this year reflects more than a rebound in e-commerce; investors are pinning much of the company’s renewed momentum on a fast-accelerating cloud business that is monetizing demand for artificial intelligence. While the group still juggles heavy investments in instant commerce and faces the usual China-related macro and regulatory uncertainties, the underlying shift…
Dell Technologies’ shares slid after the company reported a second-quarter margin miss, but management lifted its full-year revenue and profit outlook — a contrast that has left investors asking why a firm would accept weaker near-term profitability and still sound upbeat about the year ahead. The short answer: Dell is aggressively prioritizing AI server shipments…
In July, Europe’s electric vehicle market witnessed a dramatic power shift as China’s BYD raced past Tesla in new registrations. BYD’s surge reflects a broader trend: affordable, competitive Chinese EVs are reshaping buyer preferences and cooling Tesla’s previously unshakeable dominance. Here’s how the landscape shifted—and what comes next. BYD’s Rapid Rise: Pricing, Product Breadth, and…
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