Austan Goolsbee Sees Transitory Inflation From One-Time Tariffs
Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.
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Perplexity AI Reportedly Plans to Raise Up to $1 Billion
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.
China’s Central Bank Keeps Interest Rates Steady
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.
Bank of England Holds Interest Rates
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.
Google Wallet Now Enables Supervised Payments for Kids
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.
LianLian DigiTech Sees 64.7% Surge in Digital Payment TPV
Fast-growing Chinese fintech company LianLian DigiTech has successfully finished the 2024 financial year, witnessing a strong total payment volume (TPV) increase.
Fed Holds Interest Rates Steady
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.
Fragile States Urge for Climate Financing
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.
AMD CEO Visits China
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 Seeks to Reclaim Ground in AI Memory Market
Samsung Electronics Co. pledged to strengthen its position in the high-bandwidth memory chip market in the current year.
Tencent Accelerates AI Spending
Tencent Holdings Ltd. outlined plans to dramatically increase spending on artificial intelligence infrastructure after the Chinese company recorded the highest revenue growth rates since 2023, indicating that the most valuable firm in the Asian country intends to keep pace with competitors in the so-called post-DeepSeek era.
Google Launches Redesigned Pixel 9a
Google has launched a redesigned version of its budget Pixel phone, updating the chip and battery life.
Nvidia Announces New AI Chips
Nvidia last Tuesday, March 18, at its annual GTC conference, announced new chips that are designed for the development and subsequent deployment of artificial intelligence models.
The Business Show US Returns to Miami
After the resounding success of The Business Show Miami and The Business Show Los Angeles 2024, we are thrilled to announce the return of The Business Show US to Miami! Mark your calendars for May 7th and 8th, 2025, as we bring the region’s largest business event to the Miami Beach Convention Center. Following a […]
16th Africa Bank 4.0 Summit – Pan Africa
Event Link: www.biiafricabanksummit.com/16summit Event Registration: www.biiafricabanksummit.com/register Download Event Agenda: www.biiafricabanksummit.com/download-agenda The 16th Edition of Africa Bank 4.0 Summit, will draw a Pan African focus on “Innovation for a Sustainable Future: Building Africa’s Inclusive and Resilient Banking Ecosystem”. ? Conference and Exhibit: 13th – 15th May, 2025 ? Africa Bank 4.0 Awards (Pan Africa): 14th May […]
EOS Network Propels Web3 Banking With Vaulta Rebranding
In a transformative move, EOS Network does not only change its name to Vaulta but also accelerates its Web3 banking initiatives, focused on wealth management, consumer payments, tokenisation, and insurance.
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