Economy
Hyundai’s Electrifying Start to 2025: Record January Sales and Strategic Initiatives
Hyundai Motor America has reported record-breaking January 2025 sales, marking a significant achievement and demonstrating the company’s strong performance in the increasingly competitive automotive market. With a total of 54,503 units sold, Hyundai achieved a 15% increase compared to January…
ZEEKR Accelerates into 2025: Deliveries, Tech Innovations, and Autonomous Mobility
ZEEKR Intelligent Technology Holding Limited has announced its January 2025 delivery results, showcasing a strong start to the year and reinforcing its position as a key player in the premium electric vehicle market. The company delivered 11,942 vehicles in January,…
NIO’s January Deliveries Surge 37.9%, Driven by Dual-Brand Strategy
NIO Inc., a leading player in the global smart electric vehicle market, has announced impressive delivery results for January 2025, signaling a strong start to the year. The company reported a substantial 37.9% year-over-year increase in vehicle deliveries, reaching a…
Brand New Mercedes G-Class EV Dumped After Just 1,200 Miles!
This 2025 Mercedes G580 EQ Edition One model is powered by four electric motors, combining to produce 579 horsepower and 859 lb-ft of torque. Purchased new by its original owner, it just sold at auction for $165,000 with only 1,200…
Enveric Biosciences Announces $5 Million Public Offering, Raising Questions About Market Impact
Enveric Biosciences (NASDAQ: ENVB), a biotechnology company specializing in neuroplastogenic therapeutics for anxiety, depression, and addiction disorders, has priced a $5 million public offering, a move that highlights both funding needs and potential shareholder dilution concerns. The offering consists of…
Controversy Over Universal Income Declaration in Armenia: Government’s Justification and Public Concerns
The Armenian government has announced the introduction of a universal income declaration system, presenting it as a mechanism to provide financial support to working citizens. During the government session on January 30, Prime Minister Nikol Pashinyan stated that this system…
2025 Tax Season Begins: Key IRS Changes to Know Before Filing
Follow Us on Google News The 2025 tax season officially begins on January 27th, when the IRS starts accepting federal tax returns. Whether you plan to file early or later, it’s crucial to understand key tax changes that could affect…
EBRD Announces Record Investment Levels in Armenia for 2024
The European Bank for Reconstruction and Development (EBRD) marked a record-breaking year in Armenia, with investments totaling €396 million across 19 projects in 2024. These initiatives spanned critical areas, including road infrastructure, energy security, SME support, and refugee integration. In…
Inogen Partners with Yuwell to Boost Global Reach, Innovation, and Product Portfolio
Inogen, a leader in innovative respiratory care solutions, has announced a strategic partnership with Yuwell, a global medical device manufacturer headquartered in China. As part of this collaboration, Yuwell will acquire a 9.9% equity stake in Inogen for $27.2 million,…
Audi Q6 e-tron Offroad Concept: A Snow-Ready Electric SUV with Portal Axles
Audi has unveiled a striking off-road concept based on its Q6 e-tron electric SUV, designed to tackle snowy terrains with ease. The mysterious Audi Q6 e-tron Offroad Concept, revealed through social media, features portal axles—a rarity in electric vehicles—and a…
A New Era in Autonomous Transport: Kodiak Robotics’ First Driverless Truck Deliveries for Atlas Energy
Kodiak Robotics has achieved a milestone in autonomous transportation, delivering its first driverless trucks to Atlas Energy Solutions. This partnership signifies a shift where customers—not autonomous vehicle (AV) developers—own and operate these advanced fleets, heralding a new chapter in AI-powered…
The Deadline for Choosing a Special Taxation System is February 20, 2025: SRC Armenia
The State Revenue Committee (SRC) of Armenia has announced that taxpayers wishing to operate under special taxation systems starting January 1, 2025, must submit their declarations by February 20, 2025. This deadline applies to both the turnover tax system, as…
How Trump’s Federal Hiring Freeze Could Impact Your Taxes and the IRS
President Donald Trump launched his second term with a bold series of executive orders, including a federal hiring freeze that could significantly impact the Internal Revenue Service (IRS) as the 2025 tax season approaches. While the freeze excludes military, national…
Mandatory Tax Declarations in Armenia: A Financial Burden for Citizens
Armenia’s introduction of a mandatory income declaration system for all employed individuals in 2024, requiring filings by May 1, 2025, has sparked debate regarding its potential impact on both state revenue and citizen welfare. While the stated aim is to…
ADB Approves €45.3 Million Loan to Armenia for Improving Healthcare Quality
The Armenian government, during its January 23 meeting, approved the signing of a loan agreement with the Asian Development Bank (ADB) for the “Healthcare Quality Improvement Program.” The program involves a €45.3 million loan aimed at enhancing multiple aspects of…