Global electric car sales rise 31% in ‘23
The global fully electric and plug-in hybrid car sales soared by 31 per cent in 2023, down from 60 per cent growth…
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Uber, KIA sign EV partnership
Uber, the U.S. ride-hailing platform, signed a partnership with South Korea’s KIA to produce electric vehicles…
US trade deficit unexpectedly shrinks
The United States trade deficit unexpectedly shrunk in November, as services exports soared and merchandise imports…
Germany’s industrial output drops in November ’23
Germany’s industrial production fell unexpectedly in November, Reuters reported on Tuesday, citing the federal…
Mozambique to receive $60.7mln IMF loan tranche
The International Monetary Fund (IMF) completed Mozambique’s third loan od around $60.7 million, Reuters reported…
Egypt to increase spending on education, health in ’24-25 budget
Egyptian President Abdel Fattah al-Sisi directed the Finance Minister to increase spending on improving the lives…
China’s COSCO suspends shipping to Israel amid Houthi attacks
China’s state-owned and largest shipper COSCO suspended shipping to Israel, Reuters reported on Tuesday, citing…
Red Sea attracts oil tankers despite Houthi attacks
Oil and fuel tankers have continued to navigate the Red Sea despite the ongoing Houthi attacks, a Reuters analysis…
Samsung ’23 Q4 profits drop 35%
Samsung net profits for Quarter four (Q4) of 2023 dropped by 35 per cent as weak consumer demand persists, Reuters…
ECB unlikely to cut rates before summer – Vujcic
The European Central Bank (ECB) probably will not cut rates before the summer, Bloomberg reported, citing Governing…
