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Eurozone inflation rises to 2.9% in December
Eurozone inflation rises to 2.9% in December
Economy
by  AFP

The annual rate of inflation in the eurozone rose to 2.9 percent in December mainly due to energy costs, official data showed Friday. - No victory yet - Energy prices in the eurozone fell in December, by 6.7 percent on an annual measure, but that was less than the 11.5 percent drop in November, data published by the EU's official statistics agency showed.

Tesla to recall 1.6 mn cars in China to fix steering software
Tesla to recall 1.6 mn cars in China to fix steering software
Economy
by  AFP

Tesla is recalling more than 1.6 million electric vehicles in China, the country's market regulator said Friday, marking another blow for the US firm days after it was surpassed in EV sales by China's BYD. The recall -- sparked by the discovery of problems with assisted driving functions and door-locking systems -- will be conducted through remote over-the-air (OTA) updates to the cars' software.