This week, European markets experienced a downturn, influenced by disappointing economic indicators and the looming release of US non-farm payrolls. The decline in European shares was particularly evident on Friday,…
Category: Business
Strong Job Growth in Key Sectors
The US economy continued its positive trajectory in December 2023, with non-farm payroll numbers revealing an addition of 216,000 jobs. This figure surpassed both the previous month’s increase of 173,000…
Massive Tesla Recall in China
Tesla is conducting a significant recall in China, affecting over 1.6 million imported Model S, X, 3, and Y electric vehicles. The recall is prompted by issues related to the…
Labour Agency Accuses SpaceX of Wrongful Employee Terminations
SpaceX, the space exploration company founded by Elon Musk, is facing accusations from a US labour agency regarding the alleged unlawful termination of employees critical of Musk. The US National…
Carrefour Takes Stand Against PepsiCo’s Price Hikes in France
In a bold move, the global supermarket giant Carrefour has ceased the sale of PepsiCo products in its French stores due to what it deems “unacceptable price increases.” Lay’s potato…
Foreign Investments Pour into Trump Businesses, Democrats Allege
A damning report from the House Oversight Committee’s Democrats unveils shocking revelations about foreign investments in businesses owned by former President Donald Trump during his tenure. According to the report,…
Equal Pay at the Top: Breaking Down the Gender Gap in EU Tech
In the European tech industry, a recent report from compensation platform Ravio sheds light on a positive trend – there is virtually no gender pay gap at the senior executive…
Chinese and German Manufacturing Thrive; UK Faces Challenges
China’s Manufacturing Sector Shows Signs of Recovery The Chinese manufacturing sector demonstrates encouraging signs of improvement, as the Caixin manufacturing Purchasing Managers’ Index (PMI) for December surpasses expectations at 50.8.…
Elon Musk’s Year of Controversies
Elon Musk, formerly CEO of Twitter and now in charge of X, has been embroiled in a series of controversies throughout the year. From reinstating problematic accounts to making disputed…
Court Lifts Sales Halt on Apple Watch Models Amid Patent Dispute
In a recent development, a federal court has temporarily lifted the sales halt imposed by the International Trade Commission (ITC) on two higher-end models of the Apple Watch. This move…