Browsing: Business

Apple defied India’s declining smartwatch market in 2024, posting a remarkable 141% increase in Apple Watch shipments. While the country’s overall smartwatch segment shrank by 30% year-on-year due to fading demand for budget models, Apple’s strong growth highlighted a shift toward premium devices.

Japan’s digital trade deficit reached a record 6.46 trillion yen ($43 billion) in 2024, underscoring the continued dominance of U.S. tech giants in the sector, according to government data cited by media reports. The latest figures, released by the Finance Ministry, mark a significant

Apple has announced an unprecedented commitment to invest more than $500 billion in the U.S. economy over the next four years. The initiative, revealed on February 24, 2025, represents the company’s most significant financial pledge to date, with a strong focus on advanced

Tesla is set to enter the Indian market as its first shipment of electric vehicles is expected to arrive soon. According to a media report citing sources, the U.S.-based EV manufacturer plans to ship thousands of vehicles to a port near Mumbai in

The United Kingdom’s inflation rate rose to 3% in January, surpassing analyst expectations of 2.8%, according to data released by the Office for National Statistics (ONS) on Wednesday. The increase marks a sharp rise from the previous month’s 2.5% and comes amid

Indian Prime Minister Narendra Modi and U.S. President Donald Trump have agreed to commence negotiations on a bilateral trade agreement, marking a significant step in strengthening trade ties between the two nations. Announced during Modi’s visit to the White House on February 13, 2025, the talks

As the 2025 AI Action Summit unfolds in Paris, Europe is making a decisive push to establish itself as a global leader in artificial intelligence. The EU AI Champions Initiative, led by global investment firm General Catalyst, has called for streamlined AI regulations, expanded infrastructure

Japan recorded a historic current account surplus of 29.26 trillion yen ($193 billion) in 2024, marking the highest level on record, according to data released by the Finance Ministry on Monday. The surge was primarily driven by unprecedented returns on foreign

Austria has launched the Industrial Hydrogen Valley (HI2-Valley) initiative to advance industrial decarbonization and accelerate the transition to clean energy. The project aims to establish a large-scale green hydrogen ecosystem, reducing greenhouse gas emissions and supporting energy-intensive industries. With an

Russia has announced that its extractable natural gas reserves are sufficient to sustain production levels for more than 100 years. Alexander Kozlov, Russia’s Minister of Natural Resources, stated that the country holds approximately 63.5 trillion cubic meters of natural gas, representing