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Stellantis’ Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at The Venetian Resort Las Vegas on January 05, 2023 in Las Vegas, Nevada. Ethan Miller | Getty Images DETROIT — Stellantis is delaying the launch of its Ram all-electric pickup truck from…
Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty Images Global stocks briefly fell and investors fled to safe-haven assets for a time on Tuesday, as global markets reacted to escalating tensions between the world’s two largest…
Former US President Donald Trump arrives during a “Get Out The Vote” rally in Greensboro, North Carolina, US, on Saturday, March 2, 2024. Bloomberg | Bloomberg | Getty Images Donald Trump’s U.S. election victory has ratcheted up concerns about higher prices, prompting strategists to rethink the outlook for global bond yields and currencies. It is…
Customers buy flowers on stalls at Columbia Road Flower Market in East London. Henry Nicholls | Afp | Getty Images LONDON — U.K. inflation picked up sharply to a higher-than-expected 2.3% in October, data from the British Office for National Statistics showed Wednesday, tempering expectations of a December interest rate cut from the Bank of…
Rising global trade tensions present a risk to the euro area economy, the bloc’s central bank found in its biannual Financial Stability Review out on Wednesday. The European Central Bank also said weak growth was now a bigger threat than high inflation in the 20-nation euro zone. The latest figures recorded euro zone economic growth…
Fabien Pinckaers, CEO of Belgian-based enterprise software startup Odoo. Odoo Odoo, a startup taking on SAP in the realm of enterprise software, boosted its valuation to 5 billion euros ($5.3 billion) in a secondary share round led by Alphabet‘s venture fund and Sequoia Capital. The Belgium-based company develops open-source enterprise resource planning software, with over…
Former US President Donald Trump during an Economic Club of New York event in New York, US, on Thursday, Sept. 5, 2024. Bloomberg | Bloomberg | Getty Images Fears are mounting that the U.S. could soon experience its own version of Britain’s “mini-budget” crisis, with bond strategists warning that Donald Trump‘s return to the White…
The U.K. competition authority previously said it was considering requiring Microsoft to apply the same pricing for its software regardless of which cloud it’s hosted on. Igor Golovniov | Sopa Images | Lightrocket via Getty Images LONDON — Britain’s competition regulator is preparing remedies aimed at solving competition issues in the multibillion-pound cloud computing industry….
A Ryanair plane takes off from Eindhoven Airport in the Netherlands on December 19, 2020. Nicolas Economou | NurPhoto | Getty Images Spain’s Ministry of Consumer Rights on Friday slapped a $179 million euro ($186 million) fine on five low-budget airlines for “abusive practices” including charging additional cabin luggage fees. Ryanair was struck with the…
Famed computer scientist Yoshua Bengio — an artificial intelligence pioneer — has warned of the nascent technology’s potential negative effects on society and called for more research to mitigate its risks. Bengio, a professor at the University of Montreal and head of the Montreal Institute for Learning Algorithms, has won multiple awards for his work…