Browsing: Business

Tesla is set to enter the Indian market as its first shipment of electric vehicles is expected to arrive soon. According to a media report citing sources, the U.S.-based EV manufacturer plans to ship thousands of vehicles to a port near Mumbai in

The United Kingdom’s inflation rate rose to 3% in January, surpassing analyst expectations of 2.8%, according to data released by the Office for National Statistics (ONS) on Wednesday. The increase marks a sharp rise from the previous month’s 2.5% and comes amid

Indian Prime Minister Narendra Modi and U.S. President Donald Trump have agreed to commence negotiations on a bilateral trade agreement, marking a significant step in strengthening trade ties between the two nations. Announced during Modi’s visit to the White House on February 13, 2025, the talks

As the 2025 AI Action Summit unfolds in Paris, Europe is making a decisive push to establish itself as a global leader in artificial intelligence. The EU AI Champions Initiative, led by global investment firm General Catalyst, has called for streamlined AI regulations, expanded infrastructure

Japan recorded a historic current account surplus of 29.26 trillion yen ($193 billion) in 2024, marking the highest level on record, according to data released by the Finance Ministry on Monday. The surge was primarily driven by unprecedented returns on foreign

Austria has launched the Industrial Hydrogen Valley (HI2-Valley) initiative to advance industrial decarbonization and accelerate the transition to clean energy. The project aims to establish a large-scale green hydrogen ecosystem, reducing greenhouse gas emissions and supporting energy-intensive industries. With an

Russia has announced that its extractable natural gas reserves are sufficient to sustain production levels for more than 100 years. Alexander Kozlov, Russia’s Minister of Natural Resources, stated that the country holds approximately 63.5 trillion cubic meters of natural gas, representing

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 follows CEO Elon Musk’s public support for the far-right Alternative for Germany (AfD) party, a move that has

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 tech giant’s spending surge follows its 2024 capex of approximately $83 billion, as it seeks to

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%. The decision, made amid concerns over sluggish economic growth, saw seven of the nine members of the