The European Union’s highest court ruled in favor of Amazon on December 14, stating that the e-commerce giant did not violate EU law in securing a €250 million discount on…
Category: Business
Healthcare-Driven Poverty Grips Europe: WHO Report Reveals Alarming Trends
WHO’s Assessment of European Healthcare The World Health Organization (WHO) has released a comprehensive report on the state of healthcare in 40 European countries, assessing the financial impact on citizens.…
Tesla Recalls Over 2 Million Cars Due to Autopilot Monitoring System Defects
Widespread Recall for Safety Issues Tesla is issuing a massive recall, affecting more than 2 million vehicles in the United States across its model lineup, including models Y, S, 3,…
Addressing Gender Disparity in AI: Women Speak Out
Challenges in Diversity Despite the transformative potential of artificial intelligence (AI), the technology sector faces a significant gender disparity, with only 22% of women occupying AI professions globally, according to…
Robo-Advisors: Navigating the Future of Financial Guidance
Automating Financial Advisory Services The advent of automated financial advisory services, commonly known as robo-advisors, revolutionized investment strategies, especially after the founding of the first publicly-available robo-advisor site, Betterment, in…
Fueling Europe’s Space Aspirations Amidst China’s Surge
In the realm of space exploration, the adage “steel sharpens steel” resonates as nations and companies draw inspiration from their rivals. China’s remarkable strides in the space race should not…
European EV Industry Challenges and Roadmap
ACEA’s Mobility Revolution Manifesto The European Automobile Manufacturers’ Association (ACEA) presented its manifesto, titled “A competitive European auto industry driving the mobility revolution,” emphasizing a commitment to the green transition…
UK Accuses Russia of Interfering in Democracy through Cyber Attacks
Attribution to Russian Security Services The United Kingdom has officially accused Russia of utilizing cyber attacks to undermine its democratic processes. In a press release issued on Thursday, the UK’s…
Elon Musk’s Ambitious Venture: xAI Aims for $1 Billion Investment
Elon Musk, the entrepreneur behind a myriad of groundbreaking ventures, is setting his sights on raising a staggering $1 billion for his latest endeavor, xAI. The artificial intelligence (AI) start-up,…
Eurozone Economy Faces Sixth Consecutive Monthly Decline
The latest data reveals that the eurozone economy, encompassing the euro area, sustained its contraction for the sixth consecutive month in November. The HCOB Eurozone Composite PMI Output Index, which…