Last Thursday, March 20, Nvidia chief executive officer Jensen Huang announced that the company would open a quantum computing research laboratory in Boston, where the firm plans to collaborate with scientists from Harvard University and the Massachusetts Institute of Technology.
This week, UBS analysts expressed the hope that the Chinese real estate market, which in recent years has been in the condition of what can be called a deep and, in a sense, fundamental downturn, is gradually approaching a kind of stabilization point.
Companies operating in the chip manufacturing industry are asking to triple the amount of subsidies provided under Germany’s latest funding program, which is one of the top priorities for the government of this country.
China and Japan on Saturday, March 22, will hold the first economic dialogue in the last six years aimed at reducing tensions.
Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.
The media, citing an anonymous insider, published information according to which Perplexity AI, a startup building search engine powered by artificial intelligence, is currently in talks to double its valuation to $18 billion as part of a new funding round.
The People’s Bank of China on Thursday, March 20, decided to keep its key lending rates unchanged, as the Asian country is currently trying to support economic growth and stabilize the yuan amid the observed process of intensification of trade frictions.
The Swiss National Bank on Thursday, March 20, decided to cut its key interest rate by a further 25 percentage points, as the country’s economy grapples with depressed inflation.
The European Union delayed the entry into force of retaliatory tariffs on US goods, which were announced after the United States imposed 25% levies on steel and aluminum imports in the current month.
The Bank of England on Thursday, March 20, decided to keep interest rates at the same level, as the United Kingdom is currently facing uncertainty in the context of the prospects for the further dynamic of the global trade situation and is approaching a recession scenario in the country’s economic system.
As more and more kids get payment cards, Google Wallet updates its functionality to enable in-store cashless payments for those youngest generation representatives who received parental consent.
Fast-growing Chinese fintech company LianLian DigiTech has successfully finished the 2024 financial year, witnessing a strong total payment volume (TPV) increase.
The Federal Reserve on Wednesday, March 19, decided to leave interest rates unchanged, although at the same time underlined that the cost of borrowing is likely to be lowered later in the current year.
Countries affected by both climate change-induced hazards and military conflicts that cause humanitarian crises have joined their efforts to urge global leaders to accelerate targeted climate financing.
Advanced Micro Devices (AMD) chief executive officer Lisa Su began her visit to China, where she touted the company’s role in supporting the development of artificial intelligence in the Asian country through the lens of interaction with leading players in the local corresponding industry, including DeepSeek and Alibaba Group Holding.
Samsung Electronics Co. pledged to strengthen its position in the high-bandwidth memory chip market in the current year.
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.
