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In a significant strategic shift, Google has revised its ethical guidelines concerning the application of artificial intelligence, notably easing restrictions on its use in potentially harmful sectors, including weaponry. Historically, the tech giant has maintained a firm stance against leveraging AI for military and surveillance purposes. However, citing technological advancements, Google has now relaxed these principles. In a recent blog post defending this shift, Google emphasized the necessity...

7 February 2025

The American manufacturer of clean trucks, Nikola, is contemplating a request for deferment of payment as it grapples with significant financial difficulties. Known for producing trucks that operate on electricity or hydrogen, the company is exploring options to seek protection against creditors. This development, reported by several American media outlets citing insider sources, suggests that Nikola’s management is currently engaged in discussions with legal and financial advisors. However,...

7 February 2025

The European Commission plans to impose new import duties on inexpensive products from Chinese web platforms, potentially increasing costs for European consumers. Currently, parcels worth less than 150 euros are exempt, but the Commission aims to eliminate this exemption. To implement these changes, amendments to European customs rules are needed. The Commission has urged Member States and the European Parliament to facilitate this update. The rise in low-cost...

5 February 2025

According to the World Gold Council (WGC), global demand for gold surged to an unprecedented 4974 tons last year, marking a significant milestone in the precious metal’s market. This surge is anticipated to persist throughout the current year, fueled by ongoing geopolitical tensions which enhance gold’s status as a safe haven during financial market uncertainties. The current price of a troy ounce of gold (31.1 grams) stands at...

5 February 2025

American motorcycle giant Harley-Davidson has been grappling with declining global sales, as highlighted in its fourth-quarter report for the previous year. The company attributes the downturn primarily to unfavorable market conditions and rising interest rates, which have collectively made consumer financing more challenging. In the latest quarter, Harley-Davidson reported sales of just 14,000 motorcycles, resulting in a staggering 35% drop in revenue, down to $688 million. Throughout 2024,...

5 February 2025

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Stay informed about the economy and financial markets. Reading financial insights and market news can help individuals make more informed investment decisions. It can also provide information on economic trends and events that may affect the performance of different investments. Additionally, it can help individuals stay up-to-date on changes in government policies and regulations that could impact the financial markets. Overall, staying informed about financial and market news can help individuals make more informed decisions about their investments and manage their financial portfolios more effectively.