Economy

Economy Latest News

From ban to buyout: What next for TikTok in the US?
From ban to buyout: What next for TikTok in the US?
by  AFP

TikTok faces an imminent shutdown in the United States after Congress passed a law last year forcing its Chinses owner ByteDance to either sell the platform or close it by this Sunday. Here is a review of what could happen next for TikTok in the United States.

MSNBC boss leaves ahead of Trump White House return
MSNBC boss leaves ahead of Trump White House return
by  AFP

The head of the left-leaning US news channel MSNBC has quit, a source at the network told AFP Tuesday, just days before Donald Trump returns to the White House threatening to silence critical coverage.

Amazon orders 200 Mercedes-Benz electric trucks
Amazon orders 200 Mercedes-Benz electric trucks
by  AFP

Online retailer Amazon has purchased 202 electric Mercedes-Benz eActros 600 vehicles from Germany's Daimler Truck, the automaker said Tuesday, marking both firms' largest-ever order for battery-powered lorries. Daimler Truck, one of the world's largest truck manufacturers by volume, last year delivered 4,035 electric vehicles out of more than 460,000 worldwide.

Transnistria leader visited Moscow for energy talks: reports
Transnistria leader visited Moscow for energy talks: reports
by  AFP

The leader of breakaway Moldovan region Transnistria visited Moscow recently for talks on resolving its energy crisis, local media reported Tuesday. It did not say when Krasnoselsky visited or give details on who he talked to, but some Moldovan media outlets reported he travelled to Russia on Friday and returned on Tuesday.

Amazon to invest over $5 bn in Mexico data center
Amazon to invest over $5 bn in Mexico data center
by  AFP

Amazon will invest more than $5 billion in a data center in central Mexico, the e-commerce giant said on Tuesday, part of a push by big tech to add more storage facilities to meet the needs of AI. The director of Amazon Web Services (AWS) in Latin America, Paula Bellizia, announced the investment at President Claudia Sheinbaum's regular morning news conference in Mexico City.