Apple Loses Final Court Battle Over €13 Billion Irish Tax Bill
Apple has lost its long-standing legal battle with the European Union (EU) over a €13 billion ($14.4 billion) tax bill, marking the conclusion of...
Siemens to build the first high-speed rail production facility in North America
Siemens Mobility is making a significant move in U.S. transportation with plans to build the first high-speed rail production facility in North America for...
China’s Exports Surge in August, While Imports Lag
China’s export growth continued its upward trajectory in August, delivering a significant boost to the country's economic outlook amid concerns over slowing domestic demand....
Apple Event 2024: A Quick Overview
The much-anticipated 2024 Apple Event, held on September 9, introduced a slew of new products and features, headlined by the iPhone 16 lineup, the...
Morgan Stanley Cuts Brent Price Forecast to $75 for Q4 2024
Morgan Stanley has once again reduced its forecast for Brent crude prices, citing a mix of weaker global demand and ample supply. This is...
Aldi Announces £800 Million Investment in UK Expansion
Retail giant Aldi has unveiled plans to invest £800 million in Britain as part of an ambitious expansion strategy, following a record year of...
China’s Consumer Prices See Modest 0.6% Rise in August
China’s economic struggles are becoming more pronounced as the country faces deflationary pressures, which have led to weaker-than-expected consumer price growth.
In August 2024, China's...
Fed Expected to Cut Rates by Either 25 or 50 Basis Points
The Federal Reserve is expected to cut interest rates at its upcoming meeting on September 18, marking its first rate reduction since 2020. This...
AI May Predict Powerful Earthquakes in Advance
Scientists at Ludwig Maximilian University of Munich (LMU Munich) and the University of Alaska Fairbanks (UAF) say that an AI model could notify us...
Should causing environmental damage be a criminal offense? Most people say ‘yes’
Should it be a criminal offense for the heads or large businesses or government to approve or allow actions which result in serious damage...