The global automobile seatbelt inflator market is expected to grow at a significant rate in the next decade, according to a new report by SeeDance...
Mercedes-Benz EVs close to 15% of US market share after strong Q3 performance
Mercedes-Benz, the German luxury carmaker, has reported a significant increase in its electric vehicle (EV) sales in the US market in the third quarter of...
Nigeria’s Auto Industry Pushes for Electric Vehicle Adoption
Nigeria’s automotive industry is urging the federal government to explore the option of electric vehicles (EVs) as a way to reduce the country’s dependence on...
Nigeria’s Automotive Industry Faces Challenges from Imported Used Vehicles
Nigeria’s automotive industry is facing a growing challenge from the influx of imported used vehicles, locally known as ‘tokumbo’, according to experts. While these vehicles...
Tesla China’s September sales dip amid Model 3 upgrade
Tesla, the leading electric vehicle maker in the world, saw a decline in its sales of China-made vehicles in September, as it prepared to roll...
US Dollar Strengthens as Inflation Data Looms
The US Dollar Index (DXY) ended the week on a high note, despite a brief pullback on Friday following the release of the US employment...
WTO slashes global trade growth forecast by half amid inflation and geopolitical tensions
The World Trade Organization (WTO) has revised its projection for global trade growth in 2023, cutting it by half from 1.7% to 0.8%. The WTO...
UK house prices fall for sixth month in a row, but at a slower pace
The UK housing market continued to lose steam in September, as high interest rates and low consumer confidence weighed on demand. However, the rate of...
Tesla’s Price Cuts May Hurt Its Earnings, Analyst Warns
Tesla, Inc. (NASDAQ:TSLA) has been lowering the prices of its Model 3 and Model Y vehicles in the U.S. market, sparking concerns among some investors...
US car buyers face record high loan payments amid interest rate surge
The cost of buying a new car in the US has reached unprecedented levels as interest rates on loans have soared to the highest point...
Exxon Mobil to Acquire Pioneer Natural Resources for $60 Billion
Exxon Mobil, the largest US oil company, has agreed to buy Pioneer Natural Resources, one of the leading shale producers in the Permian Basin, for...
EURUSD Rises Above 1.05 as Dollar Weakens – 06-10-2023
The US dollar fell against most of its major rivals on Thursday, as disappointing economic data and dovish signals from the Federal Reserve minutes weighed...
How to buy gold smartly in 2023
Gold is one of the most popular investments in 2023, as it offers a hedge against inflation and a safe haven in times of uncertainty....
Investopedia: A Leading Source of Financial Content and Education
Investopedia is a website that provides financial information, education, and advice to millions of readers around the world. Founded in 1999, Investopedia aims to simplify...
Evergrande Founder Under Police Probe as Shares Resume Trading
The troubled property developer’s stock surged as much as 42% on Tuesday, despite the investigation into its chairman. China Evergrande Group, the world’s most indebted...
Oddity Tech beats revenue expectations with record Q3 results
Oddity Tech, the parent company of Il Makiage and Spoiled Child, announced on Monday that it expects to report record revenue growth and profitability for...