EconomyLens.com

Chongqing (China) (AFP) – Zhang Xue wept with joy and furiously waved a Chinese flag as he watched his company’s superbike scream across the finish line four seconds ahead of competitors in only its third world championship race. That victory at the Supersport World Championship in March saw orders for ZXMoto’s two-wheelers skyrocket and provided a boost for the firm as it ba...

San Francisco (United States) (AFP) – A legal battle between Apple and OpenAI over the ChatGPT-maker’s secretive device project escalated this week when the artificial intelligence (AI) developer called the iPhone-maker’s allegations “baseless” and asked for the lawsuit’s dismissal.

Apple sued OpenAI last month in San Jose, California, accusing the AI ...

Washington (United States) (AFP) – Amazon confirmed Friday it is financially backing a massive, private gas power plant in Texas that could become the single largest source of greenhouse gas emissions in the United States. It is the latest example of tech giants going off the grid to get their AI operations online faster.

The news was first reported by...

Washington (United States) (AFP) – US President Donald Trump is moving forward with an attempt to remove Federal Reserve Governor Lisa Cook over mortgage fraud allegations, according to a White House letter seen by AFP on Friday, after the Supreme Court batted him back in June. “You are hereby provided notice that the President is considering removing you from your position,”...

London (AFP) – The dollar fell sharply Friday after the US economy shed thousands of jobs in July, an economic blow that lowered the risk of an interest rate hike by the Federal Reserve that could slow growth in the world’s biggest economy. Stocks gained on the report that showed 23,000 jobs were lost last month, confounding expectations that 80,000 to 100,000 new posts would...