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Canada At A Crossroads: Leadership Transition As Trudeau To Resign 01/07/2025

UK Government Cracks Down On Deepfake Technology With New Criminal Offenses To Protect Women And Girls 01/07/2025

U.S. Federal Reserve Shifts Focus To Stabilization Amid Economic Uncertainty 01/08/2025

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Business & Finance

American Tech Giants Likely To Face Tough New Regulations In Europe

The business models and key business practices of the largest American tech companies including Alphabet owned Google, Amazon, Apple, Meta, and Microsoft, may have to be adjusted by the businesses in Europe in order to meet the requirements of potential new landmark measures to limit the powers of...

Tesla shares go up after new plant opens in Germany

Tesla shares rose 6 percent after opening of an auto plant in Germany on Tuesday, trading data showed. The company's shares rose 5.89 percent to $976.03 per security. The index climbed to a high of $977.23 during trading. Tesla's auto plant in the German state of Brandenburg received a permit to...

Reliance And Ola Electric Have Secured Incentives In $2.4 Billion Battery Plan Of India

After winning a contest, India’s Reliance Industries and Softbank Group-backed Ola Electric will receive incentives under India's $2.4 billion scheme to encourage domestic battery cell manufacture, according to a report published by Reuters based on information from sources. Hyundai Global...

Uber Imposes A Fuel Surcharge In The US And Canada In Response To Fuel Price Hike

The soaring cost of fuel is about to bite Americans. Uber, the ride-hailing firm, has stated that in order to account for rising gasoline prices, it would impose a fuel surcharge on fares and deliveries for its users in the United States and Canada. Uber users in the two...

Brazil's Cosmetics Giant Natura & Co Announces 292% Surge In Net Profit For Fourth Quarter

The top Brazilian cosmetics firm Natura & Co reported a huge, a 292 per cent, surge in its net income for the fourth quarter on Wednesday, which the company attributed to the structural improvements that it had implemented as well as the speedier than the expected synergy...

BMW To Recall 1.03 Mln Vehicles Globally To Fix An Engine Fire Risk

German Luxury car maker BMW will be recalling more than 1.3 million vehicles from all over the world because of potential fire hazards in the vehicles, the company said on Wednesday. This is the third time that the German automaker has been forced to recall its cars globally since 2017. ...

Bitcoin loses 5% in value

Bitcoin’s price is down 5 per cent in the past 24 hours to $41,200 on Friday morning, trading data showed. Bitcoin fell 4.9 per cent to $41,300, according to CoinMarketCap, a portal that calculates the average price across more than 20 exchanges. Everywhere, the dynamics are given for the day....

Cartier sues Tiffany & Co. with allegations of trade secret infringement

The jewelry brand Cartier has accused Tiffany & Co. of stealing trade secrets. Cartier filed a lawsuit in New York state court against Tiffany & Co. alleging trade secret theft. This was reported by Reuters. According to Cartier, Tiffany & Co. hired a former Tiffany & Co....

France's CMA CGM to stop shipments to Russian ports

French container carrier CMA CGM has announced suspension of its operations in Russia due to the situation in Ukraine, the company said. "We continue to monitor the situation in Ukraine and the Black Sea region... In the interests of its safety, the group has decided as of today to suspend all...

HP reports growing profit in Q1

U.S. computer and copier maker HP Inc's net income for the first quarter of fiscal year 2021-2022, which ended Jan. 31, rose 2% year on year to $1.086 billion, the firm said, citing the negative impact of sanctions against Russia on earnings. Diluted net income per share for the reporting period...