Month: May 2025
Toyota reveals new name, upgraded tech for its sole U.S. EV
Toyota Motor on Tuesday revealed a redesigned version of its sole all-electric vehicle in the U.S., with a simplified name and notable increases in EV technologies and capabilities. The new name for the EV for the 2026 model-year is the “bZ,” cut down from the “bZ4X.” Toyota says the name change is to simplify it […]
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India’s inflation rate slows to 3.16% in April, marking six straight months of decline
Indian shopkeepers sell summer fruit watermelons at their roadside stalls in a market area in Siliguri, India on May 2, 2025. Watermelon is a very popular fruit during the summer season. Diptendu Dutta | Afp | Getty Images India’s headline inflation eased to 3.16% in April, the sixth consecutive month of decline. The reading was […]
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Germany’s business leaders have a message for the country’s new government: It’s time to deliver
TEGERNSEE, GERMANY — Top German business leaders, economists and politicians descended onto a small, picturesque Bavarian town situated next to the iconic Tegernsee lake last week to share their hopes and discuss what’s at stake for the new government. Buoyed by recent positive market sentiment for Europe’s largest economy, attendees at the summit were united […]
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Honda Motor reports 76% plunge in operating profit in huge earnings miss
Honda is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Japanese auto giant Honda missed fourth-quarter earnings estimates as operating profit plunged 76%, with the company bracing for the full impact of U.S. tariffs. Here are Honda’s results compared with mean estimates from LSEG: Revenue: 5.36 trillion […]
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Binance Pay and Bhutan partner to launch crypto payment system for tourists: Binance CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Binance CEO Richard Teng says the crypto industry has gained ‘extremely strong’ momentum as clearer regulations and stablecoins drive cheaper, faster cross-border payments. Source
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SoftBank Vision Funds swing to annual loss as investment gains slow by 40%
SoftBank CEO Masayoshi Son delivers remarks next to U.S. President Donald Trump at an ‘Investing in America’ event in Washington, D.C., U.S., April 30, 2025. Leah Millis | Reuters Softbank’s Vision Fund business on Tuesday posted a loss in the fiscal year ended March as it booked slowing gains at its massive tech investment arm. […]
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European stocks open in positive territory as trade uncertainty lingers; Munich Re drops 5%
German reinsurers take 1.4-billion-euro hit from LA wildfires German reinsurers posted losses of more than a billion euros on the back of the Los Angeles wildfires. Munich Re, the world’s largest reinsurance company, said it took a loss of about 800 million euros ($889 million) in the first quarter of 2025 due to the wildfires […]
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Dubai government to accept crypto payments through Crypto.com partnership
Crypto.com logo displayed on a phone screen with representation of cryptocurrencies. Nurphoto | Nurphoto | Getty Images Dubai’s Department of Finance announced a partnership with crypto platform Crypto.com that will allow government service fees to be paid with cryptocurrencies. The memorandum of understanding between Dubai government officials and Mohammed Al Hakim, president of Crypto.com UAE, […]
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New Delhi remains focused on economy despite tensions with Pakistan: India ambassador to Singapore
Motorists drive past as clouds gather over city skyline in Mumbai on September 26, 2024. (Photo by Punit PARANJPE / AFP) (Photo by PUNIT PARANJPE/AFP via Getty Images) Punit Paranjpe | Afp | Getty Images India continues to focus on its growth despite the flare up in tensions with Pakistan, said Shilpak Ambule, the country’s […]
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Investment banks lift China growth outlook after surprise trade deal with U.S.
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images Financial institutions are rethinking their China calls after a surprise trade truce between Washington and Beijing, raising both the country’s growth forecasts as well as stock market outlooks. On Monday, the U.S. and China […]
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