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New Threat of 30% Tariffs on EU Goods Rattles Markets

Market observers claim the restrained reaction is due to many investors anticipating the tariffs would eventually settle to more manageable rates following discussions. Friedrich Merz, the German Chancellor, underlined that his country’s exporting businesses would be significantly impacted by a…

SpaceX Invests $2 Billion in Elon Musk’s AI Firm xAI

Space Exploration Technologies Corp, popularly known as SpaceX, spearheaded by Elon Musk, is said to be channeling a substantial $2 billion funding into Musk’s proprietary artificial intelligence company, xAI. This move comes as part of Musk’s larger endeavor to bolster…