Greek Prime Minister Kyriakos Mitsotakis and German Chancellor Friedrich Merz (not pictured) speak to the media following talks at the Chancellery on May 13, 2025 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images It would be challenging for NATO members to deliver on U.S. President’s Donald Trump’s defense spending demands, Greece’s…
A shopper passes a jewelry display in the window of a Van Cleef & Arpels luxury goods store, operated by Cie. Richemont SA, on via Montenapoleone in Milan, Italy. Bloomberg | Getty Images With a diamond encrusted ring here and a rare gemstone necklace there, the world’s wealthiest are continuing to adorn themselves with the…
Trucks travel through a flooded road while exiting from an Amazon delivery station in Carlstadt, New Jersey, U.S., on Tuesday, Oct. 13, 2020. Bloomberg | Bloomberg | Getty Images Amazon said Wednesday it plans to spend roughly $4 billion by the end of 2026 on expanding deliveries in rural towns as part of a push…
In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the U.S., according to Apptopia data shared with CNBC. Stefani Reynolds | Afp | Getty Images Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has…
Nikhil Inamdar, BBC News, Mumbai Getty Images From ceiling fans to jewellery, branded goods are capturing a bigger share of the Indian market India is home to 1.4 billion people but around a billion lack money to spend on any discretionary goods or services, a new report estimates. The country’s consuming class, effectively the potential…
Megacap technology companies funneled billions of dollars into artificial intelligence last year to try and keep up with unfettered demand. The hype isn’t dying down in 2025. Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technologies and datacenter buildouts in 2025, based on comments from their CEOs…
The European Union’s member states need to increase defence spending to keep pace with the threats facing the continent, its foreign policy chief has warned. Kaja Kallas, who served as prime minister of Estonia until July 2024, said “every euro spent on school, healthcare and welfare [was] vulnerable” if the bloc didn’t maintain strong defences….
Faisal Bashir | Lightrocket | Getty Images China’s DeepSeek became the biggest topic in tech this week, with many in the industry and on Wall Street focused on a single number: $6 million. In DeepSeek’s paper about its newest artificial intelligence model, the company said that its total training costs amounted to $5.576 million, based…
Denmark has said it will spend 14.6 billion kroner (£1.6bn; $2.05bn) to boost security in the Arctic region, in partnership with its autonomous territories Greenland and the Faroe Islands. The deal includes three new Arctic ships, more long-range drones with advanced image acquisition capacity and stronger satellite capacity. “We must face the fact that there…
President Biden will spend his final full day as president in Charleston, S.C., where five years ago he revived his flailing campaign and secured South Carolina’s crucial primary that was widely credited with putting him on the path to the White House. Mr. Biden will start his day worshiping at the Royal Missionary Baptist Church,…
