Why is Elon Musk calling for a new UK election?
Elon Musk, the billionaire entrepreneur behind Tesla and SpaceX, has drawn significant attention with his recent comments on British politics. His call for a new general election in the United…
Economy
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Why does Trump believe Britain’s North Sea windfall tax is a ‘big mistake’?
Former US President Donald Trump has criticised Britain’s windfall tax on North Sea oil and gas producers, describing it as a “very big mistake.” His remarks, shared on the social…
Mexico’s 2025 growth forecast set at 1.2%, says OECD
Mexico’s economy seems to be on a path to recovery, albeit a gradual one, dipping slightly to 1.2% in 2025, and then picking up again to 1.6% by 2026. This…
Rightmove’s stock is flat over 5 years but 2025 could change everything
Rightmove (LSE: RMV)- UK’s largest online real estate portal has long been a major feature of the country’s property search market, with a 86% share, yet, while the business boasts…
Binance expands in LATAM with 21st global crypto license in Brazil
In a big move for crypto in Latin America, Binance, the top dog in cryptocurrency exchanges worldwide, just snagged its 21st license, this time from Brazil’s Central Bank. According to…
Tesla annual deliveries drop for the first time, stock falls over 6%
Annual deliveries for automaker Tesla fell for the first time in years, sending its share price down by more than 6% in early trading hours. By 9:57 am, the stock…
US jobless claims hit 8-month low: key numbers you need to know
The US labor market continues to display unexpected strength as the year closes, with new applications for unemployment benefits dropping to their lowest level in eight months. This significant decline…
Nippon Steel’s plan to buy US Steel blocked by Biden, Washington Post reports
President Joe Biden has reportedly decided to block Nippon Steel’s proposed $15 billion acquisition of US Steel, according to the Washington Post on Thursday, citing unnamed administration officials unauthorized to…
China to offer smartphone subsidies to boost consumer spending
China plans to broaden its consumption subsidies to include smartphones and other electronics in a bid to boost domestic spending as external challenges loom. The country’s trade-in program, originally focussed…
UK economy 2025: why stagflation fears are dominating forecasts
Britain began 2024 with promising signs as inflation steadily declined before rebounding in November, but as 2024 draws to a close, fears of stagflation- a phenomenon combining stagnating growth and…