Inflation in the Euro Zone drops to 2.4%, Below Forecasts

According to flash data released on Thursday, annual inflation in the euro zone fell to 2.4% in November from 2.9% in October. A reading of 2.7% was anticipated by Reuters polling economists. The European Central Bank’s closely watched core inflation rate, which takes into account only the volatile effects of food, energy, alcohol, and tobacco,…

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Tesla Has Promoted Its Chief Is Promoted As Highest-profile Executive After Elon Musk

Tesla has promoted itsChina chief Tom Zhu to take oversight of its U.S. assembly plants and sales operations in Europe and North America. Zhu’s position of vice president for Greater China remains unchanged as he retained his roles as Tesla’s senior-most executive for sales in the Asia as of 3rd January. This move makes Tom Zhu…

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