UK growth forecast slashed as Bank of England lowers rates
The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Category : Featured News
EU holds Temu and Shein accountable for unsafe e-commerce imports
The EU will hold Temu and Shein liable for unsafe product sales as part of a crackdown on low-cost e-commerce imports, aiming to protect consumers...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model....
Eleven killed in mass shooting at adult education center in Sweden
Eleven people were killed in a mass shooting at Campus Risbergska in Örebro, Sweden. The suspected gunman is among the dead as police investigate the...
European Union agrees to bolster defense capabilities further
EU leaders commit to boosting defense spending, focusing on air and missile defense, military mobility, and procurement to strengthen Europe's security and strategic autonomy....
US-EU trade tensions rise as Trump hints at fresh tariffs soon
Trump warns tariffs on the EU and UK are imminent, citing trade imbalances, but signals Britain may negotiate a deal to avoid levies. EU vows...
Beijing strikes back as U.S. imposes 10% tariffs on Chinese imports
China imposes new tariffs on U.S. goods, launches an antitrust probe into Google, and files a WTO complaint, escalating trade tensions after Trump’s latest tariff...
EU rolls out landmark AI law, prohibiting social scoring and exploitation
The EU AI Act is now in force, prohibiting exploitative AI systems and enforcing transparency rules, making Europe the first region to regulate AI development...
Korean won hits new yearly low amid Trump tariff concerns
The Korean won hit a new yearly low, falling to 1,471.35 per dollar, as US tariffs and domestic political tensions increase economic uncertainty in South...
Uganda launches Sudan virus vaccine trial with WHO support
WHO and partners have deployed a Sudan virus vaccine trial in Uganda, aiming to halt transmission and protect high-risk populations amid a newly confirmed case...