G7 leaders plan to use interest from $300 billion in frozen Russian assets to support Ukraine. The funds will serve as collateral for a substantial loan to Kyiv, bolstering its defense against Russia. Funding Ukraine’s fightback...
The European Central Bank (ECB) has announced a quarter-point interest rate cut amid slowing inflation. However, it said that high prices continued to put pressure on consumers despite increases in wages. The European Central Bank (ECB) on...
As Cuba faces a social and economic crisis, the United States has enabled more financial support for private businesses in the country in a boost to Internet-based services and financial services. The US Treasury’s regulatory...
Significant advances are being made in artificial intelligence, and more data is being collected than ever before. However, we are not as innovative as we could be. It would be nice if innovation could happen “just by...
In a decade-long study, ex-cigarette smokers who vaped were found to be at a greater risk of lung cancer than those who take up vaping. People who quit smoking and then took up vaping were...
Publicly listed Reddit is looking to diversify its revenue beyond advertising. Earlier this year, the social network also struck a deal allowing Google’s parent company to use its data to train AI models. OpenAI has...
Brussels has designated Booking.com a “gatekeeper” between businesses and consumers, meaning it must comply with strict tech rules. It has yet to decide if the same applies to Elon Musk’s X social platform. The European Commission on...
Russia’s invasion of Ukraine has pushed enlargement back on top of Europe’s agenda. But taking in new members would strain the EU’s budget. “No more farmers, no more bread” was a popular slogan during the...
A new survey shows the EU is losing face with business and government “elites” of Southeast Asia. Respondents showed less confidence in Brussels on issues like upholding free trade and global order. The European Union’s reputation...
New rules for automotive cybersecurity will come into effect in Europe this summer. The tougher electronic safety requirements are forcing several car manufacturers to streamline their offerings. While in the movies, master spy James Bond...
Energy-hungry Pakistan wants to proceed with a natural gas pipeline connecting it and neighboring Iran. But the US has warned about the risk of sanctions in doing business with Tehran. Pakistan announced at the end of...
A recent survey has shown more German companies see Japan as a stable choice for production in Asia amid geopolitical tension and uncertainties over trade restrictions involving China. Fully 38% of German companies taking part...
