The Bosch Group, a global leader in technology and services, invested about RON246 million (EUR50 million) in Romania in 2024, concentrating on the development of the production facilities in Blaj and Cluj and on the consolidation of the research and development operations.
LOS ANGELES: President Donald Trump has rejected accusations that protesters were paid by California Governor Gavin Newsom and Los Angeles Mayor Karen Bass for California protests to provoke violence amid demonstrations in the city. However, according to the critics, Donald Trump made similar claims in a speech at Fort Bragg just hours earlier. While talking […]
ISLAMABAD: Defence Minister Khawaja Asif has strongly opposed the recent increase in salaries and perks for the National Assembly Speaker and the Senate Chairman, terming it “financial extravagance.” In a statement, the defence minister criticised the substantial raise, asserting that it falls under the category of excessive spending. Khawaja Asif said that the ‘lavish’ increment […]
Lower CPI and tariff rollbacks boost crypto’s outlook despite economic concerns and Fed rate uncertainty. Key takeaway: The crypto market’s strength sustains even as investors continue to ponder the impact of raising the US debt ceiling. The cryptocurrency market responded positively to Wednesday’s Consumer Price Index (CPI) report and reduced prospects of an escalating trade war between the US and China. Demand for alternative hedge instruments typically weakens in such scenarios, yet Bitcoin (BTC) neared $109,000, while Ether (ETH) posted a 3% gain, trading above $2,800. Read more
Weeks after a stablecoin bill stalled over Trump-linked concerns, the Senate advanced the GENIUS Act. In a 68-30 vote, the US Senate chose to advance the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, more than a month after it was introduced. Speaking from the Senate floor on Wednesday, Majority Leader John Thune urged members of Congress to support the bill, echoing many of US President Donald Trump’s talking points on digital assets, including that the legislation would help make the US the “crypto capital of the world.” A majority of senators, including several Democrats, voted to invoke cloture for the bill, setting it up for debate and a full floor vote before potentially sending it to the House of Representatives for further consideration. “We want to bring cryptocurrency into the mainstream, and the GENIUS Act will help us do that,” said Thune. Read more