Ford workers in Cologne are on strike. They are protesting against mass layoffs caused by the shift to electric vehicles (EVs). IG Metall leads demands for job security and transparency. The unrest shows major flaws in Ford’s European plan. It also points to a larger crisis in the global auto industry.

Apple is changing its Safari browser. It will add new AI-powered search providers like OpenAI and Perplexity. This change, backed by executives in an antitrust trial, questions Google’s grip on web searches for iPhones.

This article provides an in-depth examination of these changes and assesses their implications for markets, diplomatic negotiations, and future trade prospects.

Following negotiations with officials from Ford, General Motors (GM), and Stellantis, the Trump administration has declared a temporary, one-month exemption from recently imposed tariffs on vehicle imports from Mexico and Canada.

Reflecting modest employment increases across essential sectors, the United States labor market created 151,000 jobs in February. Although the Bureau of Labor Statistics (BLS)’s estimate of 170,000 new jobs fell short, the revised January count of 125,000 points to ongoing, although cautious, growth.

European stock markets have reached unprecedented levels as investors continue to shift capital into non-U.S. markets, seeking refuge from the inflationary pressures exacerbated by U.S. trade tariffs.

China has made a major announcement: staff members of its main financial regulators—including the People’s Bank of China (PBOC), the National Financial Regulatory Administration (NFRA), and the China Securities Regulatory Commission (CSRC)—have their pay cut significantly.

In late 2024, the automotive industry was abuzz with the prospect of a monumental merger between Nissan Motor Co. and Honda Motor Co.

In a bold move that could redefine the artificial intelligence industry, Elon Musk and a consortium of investors have offered $97.4 billion to acquire control of OpenAI