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Latest News
Economy
U.K.’s GDP falls 0.3 percent in April 2025, biggest monthly drop since October 2023
There was a monthly decrease of 63.5 percent in U.K. residential transactions in April 2025, compared with March 2025
Economy
NVIDIA to build world’s first industrial AI cloud in Germany
AI factory will enable Europe’s industrial leaders to accelerate every manufacturing application
Technology
Amazon unveils $20 billion investment plan for Pennsylvania data centers creating 1,250 new jobs
Investment builds on Amazon's ongoing commitment to expanding its AI capabilities nationwideÂ
Europe
U.K. to invest $1.35 billion in AI research compute by 2030, says PM Starmer
The U.K.’s fastest AI supercomputer powered by 5.5k GH200s is set to be fully operational this summer
Asia
China’s consumer price index declines in May 2025 as export growth hits three-month low
CPI edged down 0.1 percent year on year, impacting economic outlookÂ
Asia
Strong Q1 growth reduces urgency for rate cuts in China
Benchmark loan rates unchanged as country faces trade challenges
Asia
New satellite launch from China: Tianping-3A 02 for enhanced radar calibration, orbital predictions
The Tianping-3A 02 satellite boosts Chinese radar imaging and supports space exploration effortsÂ
Economy
Eurozone inflation falls to 2.2 percent in March, jobless rate declines
Strengthening calls for additional interest rate cuts from ECB
Africa
‘Jollof Wars’ in West Africa: Economic reforms in Nigeria and Ghana are stirring the pot
Significant competition between the two nations is unfolding over economic reforms resulting from political transitions
Economy
Hyundai, Trump announce $21 billion investment in U.S. manufacturing by 2028
Hyundai Steel will construct a steel mill in the state of Louisiana, capable of producing 2.7 million tons of steel annually
Economy
Eurozone business activity rises to 50.4 in March, highest level in seven months
Germany's manufacturing rebound and easing inflation signal a positive shift in Europe's economic engine
Logistics
U.S. Tesla sales dip as overall EV sales grow 10.5 percent in February
Tesla’s overall sales were down by 10.0 percent, driven by declines in the Cybertruck, Model 3 and Model Y