PRESS AI WORLD

ECONOMY

Elon Musk Merges xAI with Social Media Platform X in a Strategic $45 Billion Deal

Tuesday, Apr 01

Elon Musk's xAI has acquired social media platform X for $45 billion, ushering in a new era for both companies through innovative synergies.

ECONOMY

Asia's Major Economies Agree to Enhance Free Trade Amid Looming U.S. Tariffs

Tuesday, Apr 01

South Korea, China, and Japan forge a trade agreement as they adapt to upcoming U.S. tariffs, focusing on regional cooperation and economic resilience.

ECONOMY

Apple Fined $162 Million by French Antitrust Authority Over App Tracking Transparency Tool

Monday, Mar 31

Apple faces a €150 million fine from French regulators over its App Tracking Transparency tool, accused of stifling competition in mobile advertising.

ECONOMY

Starmer and Trump Hold Productive Talks on US-UK Trade Deal Amid Looming Tariffs

Monday, Mar 31

Keir Starmer and Donald Trump engage in productive talks for a US-UK trade deal as US tariffs loom, impacting Britain's economic landscape.

ECONOMY

China's Major Banks Mobilize $71.6 Billion in Capital Amid Economic Slowdown

Sunday, Mar 30

China's four largest state-owned banks are set to raise $71.6 billion to fortify capital as the economy faces challenges.

ECONOMY

Sukiya Closes Nearly 2,000 Restaurants Following Rat and Insect Contamination Incidents

Sunday, Mar 30

Sukiya, Japan's largest beef bowl chain, will close nearly 2,000 stores following contamination incidents involving a rat and a cockroach in their food.