BUSINESS

Bumpy Ride For Electric Cars In Europe

Sales of plug-in 'zero emission' vehicles have stalled in Europe
Electric cars are a key part of Europe's green transition plans but the road ahead remains littered with obstacles with 10 years to go before a crucial milestone.
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The announcement coincides with Japanese Prime Minister Fumio Kishida's visit to Washington, underscoring Tokyo's commitment to becoming a major AI power

Microsoft To Invest $2.9 Bn In Japan AI Push

Microsoft on Tuesday announced a $2.9 billion investment over the next two years in Japan to bolster the country's push into artificial intelligence and strengthen its cyber defences in the face of threats from China and Russia.
Massively popular worldwide, 'World of Warcraft' is an online multiplayer role-playing game set in a fantasy Medieval world where good battles evil

Top Games Including 'World Of Warcraft' To Return To China

Popular video games including "World of Warcraft" will return to China this summer, US developer Blizzard and local partner NetEase said Wednesday, over a year after a contract dispute pulled them from the market leaving millions of fans bereft.
This handout pictured released by the Venezuelan Public Prosecutor's Office on April 9, 2024, shows former Venezuelan oil minister Tareck El Aissami (R) being detained by members of the National Anti-Corruption Police

Venezuela Arrests Ex-oil Minister El Aissami In Graft Probe

Venezuelan authorities announced the arrest Tuesday of influential ex-oil minister Tareck El Aissami, who had resigned from his post last year amid a corruption scandal at state oil company PDVSA. "We have managed to reveal the direct participation and consequent arrest" of El Aissami, Attorney General Tarek William Saab said, adding that charges would be announced "in the next few hours."
Traders are keeping a close eye on the yen as it appraoches 152 per dollar, fuelling speculation authorities will intervene

Asian Markets Mixed As 'Critical' US Inflation Data Looms

Asian stocks were mixed Tuesday as attention turned to crucial US inflation data that could play a pivotal role in the Federal Reserve's decision-making on interest rates, with investors lowering their expectations for how many cuts it will deliver.

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