Japan’s government is contemplating a significant reduction in the consumption tax on food products, lowering it from the current 8% to 1% for a two-year period beginning in April 2027. …
A new electric vehicle brand has been introduced by a collaboration of Japanese and Chinese automotive companies, with plans to release their first model in 2027. The Yokohama-based company, EMT …
European Union officials are currently engaged in discussions about implementing potential new restrictions on imports from China. The talks are driven by growing concerns over the EU’s deepening reliance on …
Meta has reached a settlement with a Kentucky school district over allegations that its social media platforms, Facebook and Instagram, are designed to be addictive and detrimental to children’s mental …
Europe is grappling with a renewed “China shock,” a situation that may result in the erosion of local manufacturing and significant job losses, as expressed by trade analysts and industry …
The Financial Stability Board (FSB) has raised concerns that the private credit industry’s significant role in supporting the AI boom might result in substantial losses if a sharp market correction …
Sony is raising the MSRP of its PlayStation 5 lineup globally, citing a “careful evaluation” of escalating supply chain expenses. In the American market, gamers will see the flagship PS5 …
The head of Shell has joined financial leaders in highlighting how the current maritime blockade could trigger a “stark and steep” global recession. If oil prices climb toward $150 per …
OpenAI is officially “saying goodbye” to its groundbreaking video generation tool, Sora, marking an abrupt end to one of the most talked-about apps of the decade. The announcement, made via …
The UK housing market is reeling from a sudden contraction in mortgage availability and a sharp rise in fixed-rate costs. Even as global tensions eased slightly with a pause in …