German carmakers such as Volkswagen and BMW are increasingly warning about the potential negative consequences of EU tariffs for the long-term competitiveness of the European car industry, but also for their own operations in China. ADVERTISEMENT German carmaker Volkswagen recently criticized the EU’s plans to impose import duties of up to 38% on Chinese electric … Read more
Bitcoin’s decline saw its value drop below $55,000 as the price fell below its 200-day moving average. The downturn comes as Mt. Gox has begun refunding customers after a decade-long bankruptcy process, which should see the return of about $9 billion in Bitcoin. The new influx comes as market analysts expect the German government to … Read more
The Labour Party has won the general election by a large margin and now everyone is waiting to see whether the party will deliver on its promises. The party made a number of promises to protect people’s pensions and improve the situation for savers if Sir Keir Starmer were given the keys to Downing Street. … Read more
A recent announcement by German wind farm developer Luxcara that it is choosing a Chinese equipment manufacturer for its future site has caused a storm in Europe. This pivotal moment could determine the direction in which the European Union’s green transition plans will go in the coming years. After the introduction of electric vehicles, it … Read more
New Labour Prime Minister Keir Starmer will make his position known during the Speech from the Throne on July 17. (REUTERS/Reuters) The Labour Party won a landslide victory on Thursday night, taking the British Parliament to 412 seats by Friday afternoon. Eleven members of the outgoing Conservative government lost their seats, in a defeat for … Read more
A family is devastated after their beloved dog died from heat exhaustion on an Alaska Airlines flight. Angie and Gary Englegau are devastated by the death of their four-year-old French bulldog Frank. The couple moved from Hawaii to Portland, Oregon on June 30 when the tragedy occurred. “Life won’t be the same without him,” Angie … Read more
Threads, Meta’s X competitor, is officially a year old. Though it was launched in haste with a bare-bones set of features, Meta has steadily improved the app to make it a decent place for people who want to post on a platform that isn’t X. The site arrived at just the right time. Last summer, … Read more
Two former executives at Northern Data, a Germany-listed crypto and AI infrastructure company backed by Tether, say they were fired after raising concerns about alleged fraud they say was committed by the CEO and COO. In a complaint filed last month in U.S. District Court for the Central District of California, Joshua Porter and Gulsen … Read more
Analysis The UK woke up this morning to the prospect of a new government, but still faces legacy problems across technology projects, policy and investment. In policy, there are the post-Brexit challenges of how to adapt data protection law, while there are new issues around how – or even whether – to legislate to address … Read more
Keira Ridler, of Hampson Avenue in Wrexham, appeared at Mold Crown Court on Thursday morning to hear her sentence. The 26-year-old, of Marlborough Road in Ellesmere Port, had admitted two counts of causing serious injury by dangerous driving at an earlier hearing. Ryan Rothwell, prosecuting, told the court that on the evening of September 19, … Read more