According to official figures released on Thursday, Brazil’s $11.4 billion trade surplus in May set a record for any single month since the data series’ inception in 1989. The amount above the $9 billion surplus predicted by economists in a… Read More ›
Entrepreneurship
EU Has Set A Deadline Of July 6 For Antitrust Satisfaction For Amazon’s iRobot Deal
According to a file made by the European Commission on Thursday, EU antitrust regulators will decide by 6 July whether to approve Amazon.com Inc.’s $1.7 billion acquisition of the company that makes robot vacuum cleaners, iRobot Corp. In August of… Read More ›
MediaTek Agrees To Utilise New Smartphone Technology That Arm Released
New mobile chip technology was unveiled by Arm Ltd. on Monday, and Taiwanese smartphone chip maker MediaTek Inc. announced it would use the new technology in its upcoming model. The market for premium smartphones was previously dominated by competitor Qualcomm… Read More ›
Fate Of A Treasury Bill If There Is A US Debt Default – Six Important Issues
If the US Congress doesn’t take action to raise the debt ceiling before it is reached, which may happen as soon as June 1, the U.S. Treasury Department is in danger of defaulting on its debt. That creates questions for… Read More ›
Cost Increases From The Euro 7 Emissions Standard EC Predictions By Industry
According to a recent study cited by Europe’s automotive industry organisation on Tuesday, proposed Euro 7 emissions requirements will result in direct costs for auto makers that are up to ten times greater than those anticipated by the European Commission…. Read More ›
China Bans Some Sales After Micron Products Fail Security Inspection
The Chinese internet government declared on Sunday that Micron Technology Inc.’s goods had failed an examination of their network security and that users of critical infrastructure would no longer be allowed to purchase their products. According to China’s expansive definition… Read More ›
A Battery Shortage Could Hamper GM’s 2025 EV Production Targets
General Motors has stated that it will have the capacity to create one million electric vehicles in North America by 2025, but a delayed ramp-up of its three U.S. battery operations could limit actual EV production to less than 600,000… Read More ›
Tesla Discusses Auto Incentives And Battery Production With India
According to a person with direct knowledge of the negotiations, Tesla Inc. has spoken with officials regarding incentives granted by India for the manufacture of cars and batteries as the automaker reconsiders its entry into the Indian market. According to… Read More ›
AI Will Be Used To Sway Elections, Says A Concerned CEO Of OpenAI
Using artificial intelligence to tamper with election integrity is a “significant area of concern” that requires regulation, said the CEO of OpenAI, the startup behind ChatGPT, told a Senate hearing on Tuesday. “I am nervous about it,” CEO Sam Altman said… Read More ›
World’s First Detailed Crypto Laws Approved By The EU
Member states if the European Union approved the world’s first complete set of laws to regulate cryptoassets on Tuesday, putting pressure on countries such as the United Kingdom and the United States to come up. An EU finance ministers meeting… Read More ›