Jas M

Jasmin can write about almost everything except about himself. All you need to know is that he likes music, Nutella stuffed pancakes and sleeping till noon on Sundays.

China’s EV Giant BYD is Considering Building a New Factory in Germany

China’s electric vehicle giant BYD is currently considering building a new factory in Germany according to a report by Reuters. The move is part of BYD’s plans to increase its presence in Europe and avoid tariffs that the European...

Walgreens to Go Private in a $10 Billion Deal

Struggling healthcare and pharmacy giant Walgreens Boots Alliance is close to sealing a buyout deal with private-equity company Sycamore Partners according to a report by The Wall Street Journal. The deal is estimated to be worth $10 billion and...

Coinbase Expects SEC to Drop Its Lawsuit Against the Crypto Exchange

Cryptocurrency exchange Coinbase expects the U.S. Securities and Exchange Commission (SEC) to drop its lawsuit against the company. This development would mark a major win for the crypto industry in the United States, paving the way for broader adoption...

McDonald’s Reports Worse-Than-Expected Q4 Earnings Amid Drop in Sales

Fast food giant McDonald's shared its fourth-quarter earnings on Monday, which missed the mark on revenue and showed a worrying U.S. comparable sales drop. The company’s earnings in Q4 barely met the expectations from analysts, coming at adjusted $2.80 per...

Tech Stocks Drop as China’s Startup DeepSeek Emerges as a Challenger to U.S. AI Dominance

Global tech stocks endured a rough start to the week amid a sell-off sparked by the emergence of China's startup DeepSeek as a challenger to U.S. dominance in the artificial intelligence sector. Last week, DeepSeek presented its free-to-use AI model,...

Consumer Price Index Rises in December, But Shows Encouraging Trend

The Consumer Price Index (CPI) rose slightly above expectations in December, but showed an encouraging trend in underlying inflation. The CPI increased by 0.4% on a seasonally adjusted basis in the last month of 2024 compared to a 0.3% jump...

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