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After presenting its electric vehicle, Xiaomi surpassed the market value of GM and Ford

After presenting its electric vehicle, Xiaomi surpassed the market value of GM and Ford

Shares of China's Xiaomi 1810.HK rose on Tuesday, at times reaching 16%, as the electronics maker's sporty electric vehicle, launched last week sparked widespread interest, although one stockbroker predicted the company would lose nearly $10,000 per car this year. Xiaomi added some US$7.6 billion to its market value and Its shares hit their highest level ...

Justice Department to sue Apple for antitrust violations

Apple services, including its App Store, are restored after brief interruptions

Problems with Apple services, including its App Store, video and music streaming platforms Apple TV+ and Apple Music, were resolved after outages that affected users in multiple regions, the company's website showed. Issues were also reported in Apple's fitness service, Apple Fitness+, as well as Arcade, audiobooks, books and podcasts, according to Apple Aapl.O system ...

US and UK announce formal partnership on AI safety

US and UK announce formal partnership on AI safety

The United States and the United Kingdom announced a new partnership on science related to the safety of artificial intelligence on Monday, in a context of growing concern about upcoming next-generation versions. Trade Secretary Gina Raimondo and British Technology Secretary Michelle Donelan signed a memorandum of understanding in Washington to work together on the development ...

US job openings remained stable during February and show resilience

Job offers in USA They were little changed in February from the previous month, suggesting that labor demand is stabilizing at a high level. The number of available positions rose to 8.76 million, primarily reflecting a rebound in state and local government and finances, from a downwardly revised figure of 8.75 million in January. Tuesday's ...

Canada is getting ready for the possible return of Donald Trump to the US presidency.

Canada is getting ready for the possible return of Donald Trump to the US presidency.

The United States is the main trading partner for several nations, including Colombia. Hence, what happens politically in that country impacts the economy of much of the globe. For Canada, the relationship with Washington represents an even greater challenge. Well, in addition to sharing the largest border in the world, along 9,000 kilometers through which ...

US manufacturing activity expanded for the first time since 2022

US manufacturing activity expanded for the first time since 2022

US factory activity unexpectedly grew in March for the first time since September 2022, thanks to a strong rebound in production and stronger demand, while input costs rose. The Institute for Supply Management's manufacturing indicator rose 2.5 points to 50.3 last month, according to data published on Monday. Although it barely exceeded the level of ...

Zelensky says that without the United States, Ukrainian forces will have to withdraw

Zelensky says that without the United States, Ukrainian forces will have to withdraw

President Volodymyr Zelensky said in an interview published on Friday that If Ukraine does not get the promised US military aid, blocked by disputes in Congress, its forces will have to withdraw “in small steps.” “If there is no American support, it means we have no air defense, no Patriot missiles, no jammers for electronic ...

Oil is stable as Gaza ceasefire negotiations progress

Russia will reduce oil production in the second quarter like the Opec+ countries

Russia decided to focus on reducing oil production instead of exports in the second quarter to evenly distribute production cuts with other Opec+ member countriesDeputy Prime Minister Alexander Novak declared on Friday. Earlier this month, Russia said it would cut its oil production and exports in 471,000 additional barrels per day in the second quarter, ...

Citigroup said rally in US stocks will expand beyond technology

Citigroup said rally in US stocks will expand beyond technology

U.S. stock rally will expand beyond technology, Citigroup Inc strategists say. whose outlook on the sector has become more cautious. A team led by Scott Chronert reduced its stance on the technology sector to market weight from overweight following new underweight recommendation on hardware companies. They also raised consumer discretionary to overweight. “The cyclical growth ...