Following the tariffs on electric vehicles (EVs) from China, a new conflict is brewing: Chinese robot manufacturers are making significant inroads with European companies, especially
Category: News
Electric Car Sales Decline in Europe
Electric cars are selling better in many European countries than they did last year. However, the significant drop in Germany is impacting the overall European
Retail Sales in the Eurozone Decline More Than Expected
Retailers in Eurozone countries have experienced a decline in sales, highlighting ongoing economic challenges. In April, retailers in Eurozone countries faced a 0.5% drop in
Chinese Scientists Develop Cost-Effective Method for Producing Sanction-Resistant Chips
Chinese scientists have developed a low-cost method for mass-producing optical chips used in supercomputers and data centers. This technique employs lithium tantalate and could help
Japan Raises Interest Rates: A Historic Shift for the Only Economy That Always Resisted Inflation
After 17 years, the Bank of Japan has decided to raise interest rates. While the global economy has been engulfed in an inflationary phase, Japan
Nvidia Achieves Record High Stock Levels, Driven by AI Success
In a significant milestone, Nvidia’s shares soared to an all-time high on Tuesday, reflecting the growing investor enthusiasm for the company’s prowess in harnessing artificial
Is the US economy ‘unwell?’ We’re about to find out
After months of a remarkably strong US labor market and economy, everything seems to be slowing down. The latest high-frequency data shows that the consumer
Fire breaks out in residential building in Lisbon. Residents removed
Fire in Calçada Nova do Colégio led to the mobilization of 40 operatives and 15 vehicles of the Lisbon Sappers. It broke out, this Monday,