Category: Money

Elon Musk’s support for Donald Trump during his presidential campaign has sparked investor hopes for reduced federal regulations on autonomous vehicles under a potential Trump administration. Tesla’s Full Self-Driving (FSD) technology, powered by advanced algorithms and sensors, remains central to the company’s growth strategy. The U.S.-based automaker aims to launch a robotaxi service by 2025, […]

The Mercedes-AMG C43 represents a shift in AMG’s approach to performance vehicles, combining innovation with a smaller engine to redefine what the brand offers in the compact sports saloon segment. Drawing on AMG’s heritage of four-cylinder engines, which began with the A45 in 2013 and echoes the iconic 190E 2.3-16 and 2.5-16 models of the […]

The second-generation Mercedes-Benz CLA-Class, the sleek and stylish four-door coupé from the German automaker, has undergone a mid-life refresh, bringing design and feature upgrades to this unique offering. Positioned as an alternative to the more conventional A-Class hatchback and compact executive saloons, the CLA aims to appeal to buyers looking for something a little different, […]

The Kia EV3, an all-electric crossover priced from £32,995, presents itself as the ideal successor to the Volkswagen Golf in the electric vehicle market. Just as buyers turned to the Golf for reliability and versatility in the combustion engine era, the EV3 offers similar appeal in the electric car age. At its starting price, the […]

The British Labour Party has pledged to relax planning restrictions for onshore wind farms in England within weeks if it wins the upcoming parliamentary elections, aiming to convince voters of their renewable energy plans. This news was reported by the Financial Times. Currently, Labour leads the Conservatives in opinion polls and believes that developers’ ability […]

The DAX manages to avoid further declines at the start of the week, yet a robust recovery is not in sight. Political and economic uncertainties dominate the market sentiment. After a promising start to the trading day, the DAX slipped back again. Currently, it shows a modest gain of just 0.2% at 18,040 points. Portfolio […]

In an unexpected twist, regular wages in the UK have surged by 6.0% in the first quarter of 2024 compared to the same period last year, outstripping forecasts and catching the eye of the Bank of England (BoE) as it contemplates an interest rate cut. Economists surveyed by Reuters had predicted a wage increase of […]

Metro Bank has recently unveiled its strategy to downsize its workforce by 20%, equating to approximately 800 job cuts, as part of a comprehensive plan aimed at rescuing the bank from financial strain. The challenger bank, facing substantial challenges, had previously announced a cost-cutting initiative amounting to £30 million. However, to fortify its financial standing, […]

In the early hours of Monday’s Asian session, the EUR/USD pair finds itself in a tight trading range, hovering just above the mid-1.0500s. The first day of the week witnesses the currency struggling to establish a clear direction as it grapples with various market forces. The daily chart paints a bearish picture, depicting the formation […]

The euro fell against the dollar on Tuesday after the release of data showing that economic activity in the United States (US) advanced, in an environment of risk aversion due to geopolitical tensions. At 6pm (Lisbon time), the euro was trading at 1.0678 dollars, while on Monday around the same time it was at 1.0706 […]