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Image for German inflation rises in December due to base effects

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German inflation rises in December due to base effects

Image for Italy to put Africa development, AI at heart of its G7 presidency

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Italy to put Africa development, AI at heart of its G7 presidency

Image for Euro zone business activity shrank again in Dec, pointing to recession -PMI

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Euro zone business activity shrank again in Dec, pointing to recession -PMI

Image for French inflation rises 4.1% in December, as expected

Top Stories

French inflation rises 4.1% in December, as expected

Image for Generative AI’s wild 2023

Generative AI’s wild 2023

Date: January 3, 2024

Generative AI’s wild 2023 By Kenneth Li (Reuters) – ChatGPT was well on its way to becoming a household name even before 2023 kicked off. Just weeks after the Nov. 30 launch of the generative artificial intelligence-powered chatbot, OpenAI, the non-profit behind ChatGPT, was projected to rake in as much as $1 billion in revenue...

Image for Tesla delivers record Q4 cars, but China’s BYD steals top EV spot

Tesla delivers record Q4 cars, but China’s BYD steals top EV spot

Date: January 3, 2024

Tesla delivers record Q4 cars, but China’s BYD steals top EV spot By Akash Sriram (Reuters) -Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and meeting its 2023 target, but lost its spot as the top EV maker by sales to China’s BYD. Tesla delivered 484,507 EVs in...

Image for Renewable energy’s share on German power grids reaches 55% in 2023

Renewable energy’s share on German power grids reaches 55% in 2023

Date: January 3, 2024

Renewable energy’s share on German power grids reaches 55% in 2023 FRANKFURT (Reuters) -The share of renewables on Germany’s power grids rose by 6.6 percentage points to 55% of the total last year, the sector’s regulator said on Wednesday, as Europe’s largest economy moves closer to its 2030 target. Germany wants green power to account...

Image for How does globalization cause the foreign sector to influence the economy?

How does globalization cause the foreign sector to influence the economy?

Date: January 3, 2024

How does globalization cause the foreign sector to influence the economy? In an era characterized by interconnectedness and interdependence, globalization plays a pivotal role in shaping the economic landscape of nations worldwide. One of its most profound effects is the influence it exerts on the foreign sector, significantly impacting economies on a global scale. This...

Image for Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya

Date: January 3, 2024

Oil prices gain 3% on supply concerns after oilfield shutdown in Libya By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% on Wednesday after a disruption at Libya’s top oilfield added to fears that tensions in the Middle East could reduce global oil supplies. Brent futures rose $2.44, or 3.2%, to $78.33 a...

Image for ‘It was a miracle’: How passengers escaped a JAL fireball in Tokyo

‘It was a miracle’: How passengers escaped a JAL fireball in Tokyo

Date: January 2, 2024

‘It was a miracle’: How passengers escaped a JAL fireball in Tokyo By Daniel Leussink and Yoshifumi Takemoto HANEDA AIRPORT, Tokyo, Japan (Reuters) – The flight between the northern city of Sapporo and Tokyo’s Haneda airport is Japan’s busiest air route, and one of the most frequent services anywhere in the world. Japan Airlines (JAL)...