AFP
19879 articles published since 08 Mar 2022
19879 articles published since 08 Mar 2022
Wearable gadgets like smart watches and glasses are growing more capable every year, but experts say smartphones will remain ubiquitous for the foreseeable future -- not least thanks to artificial intelligence features. That's one reason why smart watches able to make calls and send messages largely remain tethered to wearers' smartphones for now.
Eurozone inflation edged down slightly in February to 2.4 percent, reversing a four-month upward trend thanks to a slowdown in energy price increases, official data showed on Monday. Services sector inflation slowed to 3.7 percent last month, lower than the 3.9 percent recorded in January, Eurostat data showed.
7-Eleven's owner is set to replace its CEO as the Japanese convenience store giant battles a $47-billion takeover bid by Canada's Alimentation Couche-Tard (ACT), reports said Monday.
Frantic optimism about artificial intelligence's potential to empower gadgets is set to clash with fears about trade tensions stoked by the White House at this week's Mobile World Congress (MWC) in Barcelona. Generative artificial intelligence's capture of tech industry attention since ChatGPT first emerged has made it a must-have for any firm developing new devices.
The European Central Bank is expected to cut interest rates again this week in a bid to boost the floundering eurozone economy, even as debate heats up about when to hit pause. - Rate debate - Some policymakers are starting to ask how the central bank should continue on the path downward.
Asian markets climbed on Monday on hopes that China will announce a huge stimulus package that will help offset US President Donald Trump's looming tariffs against Chinese goods. Meanwhile, Bitcoin slipped 1.3 percent on Asian markets after a six percent-surge on Sunday on the back of Trump's announcement that he was considering adding five digital assets to the US' strategic reserves.
Elon Musk has been making headlines for mass layoffs and funding cuts at US federal agencies under his so-called Department of Government Efficiency. Now, as one of President Donald Trump's closest advisors, the world's richest person faces allegations of wielding undue influence over regulatory agencies overseeing his companies.
In doubling down on tariffs targeting Canada, Mexico and China, US President Donald Trump cites a lack of progress on tackling fentanyl, but analysts say the drug crisis is just one of his political goals. In early February, Trump unveiled -- then temporarily halted -- sweeping tariffs on Canada and Mexico.
Iran's parliament sacked the country's finance minister on Sunday after impeaching him over soaring inflation and a plunging currency, state television reported. - 'Chronic inflation' - "The most important problem of the country's economy is inflation, and that is chronic inflation, which has plagued our economy for years," the economy minister added.
AFP
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