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Once hailed as the unstoppable future of mobility, the global EV market is now showing signs of strain, with uneven growth, pricing pressures and infrastructure gaps complicating its path forward. As consumer adoption slows and regional disparities widen, attention is shifting to the financial systems underpinning EV uptake. Financing has emerged as a critical battleground, and lenders, increasingly squeezed by valuation risks and changing buyer preferences, are being forced to rethink their strategies. In this evolving landscape, AI-powered analytics may hold the key to unlocking profitability and resilience in EV lending, according to Earnix. The US EV sector faced several hurdles…

Last week, the FinTech landscape secured $477.6m across 16 deals, with many subsectors securing big cash injections to underline the success of the space. Enterprise and Investment Software stole the limelight with 5 deals, amassing $259M. Finom’s $105M raise in the Netherlands fueled SME banking innovation, while Thomas Bravo’s $100M in the UK supercharged tax automation. PayTech zipped in with 2 deals worth $22.2M, led by Glide’s $15M in the USA to streamline embedded payments, alongside Agree’s $7.2M for e-signatures and payments.  WealthTech also shone with 2 deals totalling $51.9m. Wagestream’s $39.9M in the UK boosted financial wellbeing, and Ravio’s $12M enhanced…

The United States and China reached a deal on Monday to suspend heavy tariffs against each other’s imports for 90 days. The recent breakthrough marked a detente in the tariff war launched by US President Donald Trump since he returned to office in January. While Trump initially unveiled tariffs against most countries, he then paused most of them – except against China, the US’s biggest economic rival. Tit-for-tat tariffs that the US and China imposed on each other had snowballed into heavy duties, as high as 145 percent on Chinese goods looking to enter the US, and 125 percent on…

The Pakistan Cricket Board (PCB) has announced the former New Zealand cricketer Mike Hesson as the new white-ball (ODIs and T20 Internationals) head coach of the Pakistan men’s cricket team, according to a press release issued by PCB. The role was left vacant by Gary Kirsten, who resigned just seven months into the job on October 29 following differences with the PCB. Last year, Aaqib Javed was temporarily handed the responsibility as Pakis­tan’s white-ball head coach until next year’s ICC Champions Trophy. PCB Chairman Mohsin Naqvi took to X to welcome the new coach, saying “After evaluation of numerous applications…

The cybersecurity agency CISA is calling attention to a vulnerability discovered in TeleMessage, a messaging application that was recently used by Trump’s former national security advisor, Mike Waltz. Waltz’s short tenure as national security advisor was marked by two incidents related to the use of messaging applications. First, in what became known as ‘Signalgate’, he erroneously added a journalist to a Signal group chat where national security leaders discussed an upcoming military operation in Yemen.  Waltz was later seen using an application called TeleMessage Signal on his phone, which again raised security concerns. The Signalgate incident reportedly played a part…

U.S. retail egg prices fell in April from the record-high prices they hit earlier this year, according to government data released Tuesday.The average price for a dozen Grade A eggs declined to $5.12 last month after reaching a record $6.23 in March, according to the Consumer Price Index. It was the first month-to-month drop in egg prices since October 2024.Overall, the average price of eggs of all sizes fell 12.7%, the steepest monthly decline since March 1984. While wholesale egg prices have been coming down for a while, it was unclear how much store prices would decrease in April because…

For many, the return of the spring garden brings with it a sneezy, itchy, foggy-headed feeling that hits the moment a warm breeze stirs up invisible trouble. I’m fortunate not to suffer much, but my blue car turned a chartreuse shade of yellow last week, and a $32 car wash provided results that lasted only two hours. Sigh. These seasonal allergies often go by the old-fashioned name hay fever, but it’s not the hay that causes misery for so many, it’s the pollen.And not just any pollen, but the nearly weightless kind that floats up our noses and engages our…

EXPLAINERFor the second time in his presidency, Donald Trump’s first official state visit is to Saudi Arabia.For the second time in his presidency, Donald Trump has chosen Saudi Arabia as the destination for his first official state visit, following brief stops in Italy and the Vatican for Pope Francis’s funeral. Trump arrived in Riyadh, Saudi Arabia, on Tuesday just before 10am local time (07:00 GMT), where he was greeted by Crown Prince Mohammed bin Salman. The US president will visit Saudi Arabia, Qatar and the United Arab Emirates (UAE) from May 13 to 16, 2025. Which countries did Trump visit…

United States President Donald Trump has started his Middle East tour, arriving in Riyadh, Saudi Arabia, just after 10am, where he was greeted by Crown Prince Mohammed bin Salman (MBS). During his three-day trip, he will also travel to Qatar and the United Arab Emirates (UAE), with a focus on securing economic agreements with three of the world’s wealthiest nations. The trip will involve discussions on investment opportunities, and some experts say Trump may urge the Gulf countries to lower oil prices. When will Trump be visiting each country? Trump arrived in Riyadh, Saudi Arabia, on Tuesday just before 10am…

KAKANJ, Bosnia (AP) — Like most girls her age, Bosnian teenager Mirnesa Junuzovic splits her days into free time and time reserved for school and house chores. How she spends the former, however, makes her quite unique.The 15-year-old Junuzovic takes daily, hourslong walks with her bull, Cobra, and trains the beast for traditional bullfights that have been organized in the country for more than two centuries.“We walk for three or more hours every day, I talk to him and call him by different nicknames that I have for him,” Junuzovic said, adding: “I can always anticipate when he is going…