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Ursula von der Leyen, president of the European Commission, during a news conference at the Mercosur Leaders Summit in Montevideo, Uruguay, on Friday, Dec. 6, 2024. Bloomberg | Bloomberg | Getty Images The European Union’s blockbuster trade deal with South America’s Mercosur bloc is widely regarded as highly controversial, with EU member states split over…
“The Threshold of Reverie,” a work produced by Botto. Botto Generative artificial intelligence is making huge waves across industries and services from finance to human resources and spending on the technology is growing fast. And the art world is no different — some artists are using it to help generate work, and others are shocked…
U.S. President-elect Donald Trump delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024. Brian Snyder | Reuters U.S. President-elect Donald Trump on Friday told the European Union it must reduce its trade gap with the U.S. through oil and gas purchases or face tariffs. “I told the European Union that they must…
Nissan Motor CEO Makoto Uchida (L) listens to Honda Motor CEO Toshihiro Mibe (R) attend a joint press conference on March 15, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images Top Japanese carmakers Nissan Motor and Honda Motor are understood to be exploring a blockbuster merger, sending shockwaves through the global automotive industry…
The Commerzbank AG headquarters, in the financial district of Frankfurt, Germany, on Thursday, Sept. 12, 2024. Emanuele Cremaschi | Getty Images News | Getty Images Italy’s UniCredit said on Wednesday it has raised its potential stake in Commerzbank to 28% using further derivatives, as markets watch whether it will take the leap with a buyout…
A general view of cocoa pods on a tree, in Ebebda, on November 30, 2024 . Cocoa is one of Cameroon’s key export products. Daniel Beloumou Olomo | Afp | Getty Images The price of chocolate’s key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility. Cocoa futures for…
On Dec. 9, OpenAI made its artificial intelligence video generation model Sora publicly available in the U.S. and other countries. Cfoto | Future Publishing | Getty Images The U.K. is drawing up measures to regulate the use of copyrighted content by tech companies to train their artificial intelligence models. The British government on Tuesday kicked…
Republican Presidential candidate, former U.S. President Donald Trump speaks to attendees during a campaign rally at the Johnny Mercer Theatre on September 24, 2024 in Savannah, Georgia. Brandon Bell | Getty Images President-elect Donald Trump’s pledge to impose a blanket tariff on all goods coming into the U.S. could wreak havoc for European carmakers, with…
German Chancellor Olaf Scholz will undergo a vote of confidence in Parliament on Monday, December 16. Michael Kappeler | Picture Alliance | Getty Images German Chancellor Olaf Scholz on Monday lost a confidence vote in the country’s Bundestag, clearing the path for an early election in February. Scholz was expected — and hoping — to…
Shares in French broadcaster Canal+ fell over 10% following their London stock market debut Monday. Media holding company Vivendi spun off Canal+, a pay TV and production company known for its live sports broadcasting and Studiocanal, which makes the Paddington franchise. This is a developing story and will be updated shortly.