Trump Imposes 25% Tariff on Imported Cars, Sparking Global Backlash
President Donald Trump has announced a sweeping 25% tariff on imported cars and auto parts, a move that has sent shockwaves through global markets and drawn sharp criticism from major U.S. trading partners. The new tariffs, set to take effect at 12:01 AM on April 3, 2025, apply to all foreign-made automobiles and light trucks, […]
Tesla’s European Sales Plummet Amid Rising EV Competition and Political Controversies
Tesla European Sales Decline by 49% as EV Market Grows Tesla is struggling to maintain its dominance in the European electric vehicle (EV) market, with sales plunging 49% in the first two months of 2025. According to the European Automobile Manufacturers’ Association (ACEA), Tesla’s sales dropped from 37,311 vehicles in early 2024 to just 19,046 […]
Brazilian Workers Could Receive Salaries in Crypto Under New Bill
Brazilian Workers May Get Salaries in Crypto Under New Bill Brazil is taking a major step toward cryptocurrency adoption with a new bill, PL 957/2025, which could allow Brazilian workers to receive salaries in crypto. Introduced on March 12, 2025, by federal deputy Luiz Philippe de Orleans e Bragança, the bill proposes that employees can […]
Samsung Mourns as Co-CEO Han Jong-hee Dies of Heart Attack at 63
Samsung Co-CEO Han Jong-hee Passes Away at 63 Samsung Electronics is grieving the sudden loss of Samsung Co-CEO Han Jong-hee, who died on Tuesday at the age of 63 after suffering a heart attack. His passing marks a significant moment for the company, as he was a driving force behind Samsung’s success in consumer electronics, […]
Zenith Bank Partners with OracleFS to Upgrade Core Banking Systems
Major Digital Transformation for Leading West African Lender Zenith Bank, one of Anglophone West Africa’s largest lenders, has signed a landmark agreement with OracleFS to modernize its core banking infrastructure and trade finance operations. This strategic shift marks a major overhaul of Zenith’s banking technology across multiple countries, replacing its previous system provided by Finastra’s […]
