Elon Musk, the CEO of Tesla, stated that he disagrees with President Biden's recent declaration of a tax on electric cars built in China.   During a Q&A session at the VivaTech conference here on Thursday, Musk responded to a question from CNBC's Karen Tso by saying, "Neither Tesla nor I...

The number of new claims for unemployment benefits filed by Americans decreased last week, suggesting that the labour market is still strong and will likely sustain the economy going forward.   The Labour Department's report on claims for the second consecutive week on Thursday undid the...

In an effort to solidify Paris' status as a centre for artificial intelligence, France will welcome tech leaders and political officials this week, including former US Secretary of State John Kerry, EU Industry Chief Thierry Breton, and former Google CEO Eric Schmidt. French inventors will take...

Through presidential decrees issued by Vladimir Putin and court decisions pertaining to litigation over delayed projects or blocked cash during Western sanctions, the Kremlin has begun confiscating assets of certain Western corporations in Russia. The list of businesses impacted thus far is shown...

The European Central Bank stated on Wednesday that although artificial intelligence (AI) in banking is still in its infancy, it has to be watched over and perhaps regulated to protect consumers and guarantee the smooth operation of markets.   The European Central Bank (ECB) observed that...

According to figures released on Friday, China's automobile exports reached a new high in April, while domestic sales fell 5.8% from the previous year due to customers' reluctance to spend much on large-ticket products during the country's precarious economic recovery.   April's car exports...

Before it was outlawed in 2020, TikTok was one of the most widely used applications in India. It serves as a warning for what can happen if a US ban is implemented.   India was the largest market for TikTok four years ago. The software promised 200 million users by the end of the year,...

The first high-level AI talks between the United States and China will take place in the "coming weeks," according to U.S. Secretary of State Antony Blinken, who gave no information on the whereabouts of TikTok, the dominant Chinese social media platform.   Blinken announced that the United...

A significant decline in natural gas prices from a year ago was the reason behind the lower first quarter earnings that U.S. and European oil corporations released on Friday.   Oil and gas companies' 2022 record highs, which were driven by a rise in demand following the COVID-19 pandemic and...

Tech giants face a mound of turmoil as they prepare to report results this week.   Protests and reorganisations have occurred at Google, and Tesla recently revealed massive layoffs, price reductions, and a Cybertruck recall. Microsoft's OpenAI partnership is under increased scrutiny, and...

Though industry insiders said on Monday that the cryptocurrency's fortunes were more directly related to broader financial market emotions and geopolitics, the so-called halving event of Bitcoin has had little effect on its price thus far.   With the intention of reducing the rate at which...