Elon Musk has sounded the alarm on China's explosive energy expansion, predicting the country's electricity generation will triple that of the United States within two years, driven by unprecedented solar development. "China's electricity production continues to grow at a staggering......
China holds the top position among nations with the largest foreign exchange reserves, according to recent data from global financial rankings. The country boasts reserves exceeding $3 trillion, a figure that significantly outpaces its closest competitors and underscores its economic dominance on the......
Waymo, the global leader in self-driving technology and a subsidiary of Alphabet, is preparing a new funding round to raise approximately $16 billion, potentially valuing the company at nearly $110 billion. Alphabet is expected to contribute around $13 billion, with the remainder coming from investors......
After a brief period of decline, fuel prices in Morocco have resumed their upward trend at the beginning of February. Diesel prices increased by approximately 35 centimes per liter, while unleaded gasoline rose by nearly 11 centimes per liter at retail stations starting Sunday, February 1. These adjustments......
French digital services group Capgemini announced on Sunday that it has decided to sell a subsidiary providing services to the US Immigration and Customs Enforcement agency (ICE), following growing criticism over its involvement with the controversial federal body. The company said the decision was......
European stocks climbed on Friday, capping off their strongest January rally in years as robust earnings from Adidas and Swatch bolstered investor confidence amid lingering concerns over geopolitical tensions and U.S. trade policies. The pan-European STOXX 600 index rose in early trading and headed......
President Donald Trump has selected Kevin Warsh, a former Federal Reserve governor, to succeed Jerome Powell as chair of the U.S. central bank. The announcement, shared on Trump's Truth Social platform, underscores his belief that Warsh possesses exceptional qualifications and will rank among the......
The European Union is set to waive additional origin checks for gas imports from the United States, Qatar, Norway, Great Britain, Algeria, and Nigeria as it rolls out a new enforcement system to phase out Russian gas supplies. This move, outlined in a draft document from the European Commission and reported......
UBS has boosted its gold price target to $6,200 per ounce for March, June, and September 2026, up from $5,000, citing stronger-than-expected demand driven by surging investment flows and central bank purchases. The upgrade comes as spot gold surged to a record $5,594.82 on Thursday, extending a stunning......
Microsoft's market capitalization plunged by $357 billion on Thursday, securing the second-largest one-day loss in stock market history. Investors punished the tech giant over slowing cloud growth and rising doubts about the returns from its massive artificial intelligence investments. The stock......
Gold prices continued to retreat on Friday as investors moved to lock in profits following the precious metal’s sharp rally earlier in the week. After reaching unprecedented levels, the market shifted into correction mode, triggering a notable pullback. In early trading, the price of gold dropped......
The U.S. Treasury labeled China's yuan "largely undervalued" on Thursday and urged Beijing to let it appreciate, toughening its tone in the semiannual currency report while stopping short of naming China a currency manipulator. The assessment cites China's "extremely large and......
Venezuela's National Assembly approved a sweeping overhaul of the country's hydrocarbons law on Thursday, dismantling over two decades of state dominance in the oil sector and opening the door to private investment in the world's largest proven crude reserves. The vote signals a dramatic......
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