Explained

Science & Technology

Intel CEO Says Company to Spin Off Non-Core Units

Intel Corp. chief executive officer Lip-Bu Tan stated that this company will spin off assets that are not central to its mission, and create new products, including custom semiconductors to better align itself with consumers.

Finance & Economics

Vietnam Seeks to Blunt US Tariffs With Tax Cuts on Imports

Vietnam has decided to slash import levies on a range of products, including liquefied natural gas and automobiles, as part of the implementation of measures related to the desire to minimize the negative effects of the tightening tariff policy of the United States.

News

Euro-Area Inflation Cools

In the eurozone, inflation continues to move along a downward trajectory, gradually approaching the European Central Bank’s target of 2%.

Finance & Economics

German Inflation Falls

In Germany, inflation was recorded at the 2.3% mark in March, which is lower than previously expected.

Finance & Economics

China’s Factory Activity Accelerates

In the current month, factory activity in China showed growth rates, which turned out to be the fastest in a year.

News

Shopify and Pipe17 Form Partnership

Shopify and Pipe17 have announced a partnership.

News

Elon Musk Says xAI Buys X

Elon Musk’s company xAI, which operates in the artificial intelligence industry, has acquired the social media platform X owned by the same billionaire.

Finance & Economics

US Core Inflation Hits 2.8%

The Federal Reserve’s key inflation measure showed growth in February that exceeded preliminary expectations, while consumer spending increased on a smaller scale than forecast.

News

US Consumer Sentiment Worsens

In the United States, a deterioration in consumer sentiment was recorded in March, which turned out to be more widespread than preliminary expectations, as the country is currently experiencing a process of increasing concerns about a potential accelerated increase in inflation.

Finance & Economics

UK Economy Starts to Emerge From Stagnation

The Prime Minister of the United Kingdom, Keir Starmer, came to power accompanied by pledges to take measures aimed at accelerating the growth of the country’s economic system, but as a result, the UK gross domestic product (GDP) demonstrated the opposite vector of its dynamic, however, the difficult state of affairs, which became reality instead […]

News

China’s Industrial Profits Decrease

China’s industrial profits showed a decline in the first two months of the current year, as enterprises in this Asian country are currently facing constant deflationary pressures and external factors such as increasing tensions in the global trade space.

Finance & Economics

Copper Prices Demonstrate Significant Growth

Gold is not the only metal which prices have demonstrated record growth rates during a period of increasing geopolitical turbulence and intensification of fears related to the tightening of tariff confrontation between countries.

Finance & Economics

Donald Trump Announces New Auto Tariffs

President of the United States Donald Trump on Wednesday, March 26, announced a 25% tariff set, which will take effect on April 2 and will affect all cars shipped to the US.

Finance & Economics

UK Inflation Demonstrates Decline

Last month, inflation in the United Kingdom showed a moderate decrease to 2.8%.

Fintech & Ecommerce

Westpac to Enable Consumers to Block Accounts

Westpac, a financial institution operating in Australia and New Zealand, plans to allow its customers to block their accounts.

Blockchain & Crypto

World Network Reportedly Plans to Add Visa Card Functionality

The World Network, an organization co-founded by Sam Altman and which is part of the blockchain-based ecosystem that includes Worldcoin, is currently negotiating with Visa to add on-chain card features to the organization’s self-custody cryptocurrency wallet.