As economic sentiment in Germany declines, financial experts express growing concern over the nation’s outlook. The uncertainty stems largely from fears of a potential second year of recession coupled with…
Category: Business
EU Tech Chief Stands Firm on Digital Enforcement
In the face of growing criticism from MEPs, European Commission tech chief Henna Virkkunen defended the executive’s enforcement of online platform rules, stressing the need for a strong response to…
Trump Declares Energy Emergency: The Reality Behind Fossil Fuel Extraction
A Bold Declaration on Day One On his first day in office, President Donald Trump proclaimed an “energy emergency” in the United States, aiming to enhance the nation’s already vast…
Trump’s Trade Agenda Looms Large: Tariffs and Uncertainty Ahead
As President Donald Trump took office, investors were left wondering what his trade policy would look like. While he refrained from imposing new tariffs on his first day, experts warn…
Volkswagen Sounds Alarm Over Proposed Trump Tariffs
As President Donald Trump’s new term begins, Volkswagen is voicing its strong opposition to potential tariffs on US imports, warning of a “harmful economic impact” on American consumers and the…
EU Faces Challenges in Regulating Big Tech Amid Changing Political Landscape
Tensions Rise as the EU Investigates Big Tech The European Commission is gearing up to finalize several investigations aimed at Big Tech, particularly as US tech giants pressure the EU…
IKEA CEO Warns of Price Increases Due to Trade Tariffs
Tariffs: A Growing Concern for International Businesses At the World Economic Forum in Davos, Switzerland, Jesper Brodin, the CEO of Ingka Group—the largest franchisee of IKEA—expressed his apprehensions about the…
Social Media Platforms Capitalize on TikTok Ban with New Video Features
Filling the Void Left by TikTok In response to the TikTok ban in the United States, social media giants Meta, X, and Bluesky are leveraging the opportunity to introduce innovative…
Oxfam Report Reveals Massive Increase in Billionaire Wealth and Predicted Trillionaires
Billionaire Wealth Sees Significant Growth Oxfam’s latest report reveals that billionaire wealth surged by a staggering $2 trillion in 2024, growing at a rate three times faster than the previous…
EU Demands Immediate Transparency from TikTok Amid Romanian Election Interference Claims
Urgent Inquiry into TikTok’s Role The European Commission has issued an urgent request for information from TikTok regarding allegations that the platform was exploited by a foreign state actor to…