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Finance & Economics

Sustainable Funds Outperform Traditional Ones in H1 2024

Sustainable funds saw inflows of $20 billion in the first half of 2024, with assets rising to $3.5 trillion.

Articles

Teemu Mattila: “Neteller is Facing Steep Competition, But Continues to be Popular Amongst British Bettors”

Neteller has long been one of the UK’s go-to payment methods for online betting. It is known for its ease of use, security, and widespread acceptance by many bookmakers. But how does this payment method stack up in today’s rapidly evolving market, and why has it become such a favourite among UK punters?

Fintech & Ecommerce

Mercury Secures $100 Million Credit Warehouse

Fintech company Mercury secured a credit warehouse with Natixis Corporate & Investment Banking for $100 million.

News

Amazon to Deploy AI-Powered Technology to Help Drivers Find Packages

Amazon is currently preparing to roll out technology that uses artificial intelligence and lighting to help delivery drivers find the packages they need in trucks at a particular moment.

Finance & Economics

JPMorgan Chase CEO Says Regulators Make It Difficult for Companies to Go Public

JPMorgan Chase chief executive officer Jamie Dimon said last Tuesday, October 8, during a conversation with media representatives that in the United States and the United Kingdom, local regulators made it difficult for companies to go public.

Fintech & Ecommerce

HSBC Exec Says About AI’s Impact on Finance Sector

Edward J Achtner, the head of generative AI for UK banking giant HSBC, said that many companies have still failed to achieve tangible results in the use of artificial intelligence in their activities, despite statements about significant progress in the relevant direction.

Fintech & Ecommerce

Mastercard to Launch Real-Time Card Payments in South Africa

Mastercard has stated that South Africa will be its first market to benefit from real-time card payments.

News

Hurricane Milton Reportedly to Cause Significant Economic Damage

Leading Wall Street analysts argue that Hurricane Milton, which bears down once a century, can cause more than $50 billion in material damage, under a scenario that can be conditionally characterized as moderate, but in the case of a more negative configuration of the situation associated with a natural disaster, the mentioned indicator may grow […]

News

World Bank Warns of Probable Slowdown in China’s Economic Growth

The World Bank warns that the growth rate of the Chinese economic system, which is currently the second largest in the world, is likely to continue on a downward trajectory next year.

Finance & Economics

European Investment Bank Seeks to Provide Greater Support to Startups

The European Investment Bank said on Monday, October 7, that the finance ministers of the European Union countries welcomed its Action Plan to deepen regional capital markets and provide more support to startups.

Finance & Economics

US Big Banks Lending Income Reportedly to Hit Two-Year Low

The media reports that new reports on the performance of the largest banks in the United States will contain data according to which these lenders have received income from lending which is the lowest for the last two years.

News

Vodafone and Google Deepen Strategic Partnership to Expand GenAI Services Across Europe and Africa

Vodafone will expand access to Google’s AI-powered Pixel devices with its fast 5G network and offer Google One AI Premium subscription plans, which include Gemini Advanced, in select territories by 2025.

Society & Lifestyle

Appeals Centre to Rule Over Social Media Disputes in EU

A new appeals body Appeals Centre Europe has been established to review policy violation complaints related to major social media platforms such as Facebook, TikTok, and YouTube.

News

Sam’s Club Reportedly Prepares to Open First All-Digital Store

The media reports that Sam’s Club is currently preparing to launch its first store without checkout lanes.

News

US Judge Orders Google to Open Up App Store

On Monday, October 7, a US judge ordered Google to overhaul its mobile app business to provide users of devices powered by the Android operating system with more options to download the mentioned digital products and pay for transactions within them.

Science & Technology

Samsung Reportedly to Fix Growth of Profit

Samsung Electronics is expected to release data on Tuesday, October 8, according to which its profit more than quadrupled last quarter amid increased demand for chips.