Chinese Export Declines Most in Last Three Years
By the end of July, China recorded a sharper reduction in import and export indicators compared to initial expectations.
Finance & Economics - page 65
Sony Expects Smartphone Market Recovery to 2024
Sony Group, the largest supplier of camera sensors for smartphones, has changed its forecasts regarding the expected timing of the recovery of consumer demand in the market of mobile phones.
Moody’s Revises Credit Ratings of Six Major US Banks
The international rating agency Moody’s has reviewed the credit ratings of six major US banks, including Bank of New York Mellon, State Street, and Northern Trust, for possible downgrades.
KeyBank Improves Cashback Service
KeyBank has added new ways to get favorable rates, access to deposits, and cash refunds.
Palantir Improves Profit Forecast
Palantir Technologies has changed its forecast of adjusted earnings in 2023 to improve.
SoftBank Vision Fund Makes First Profit
Vision Fund, which is part of the ownership structure of the Japanese corporation SoftBank Group, announced its first profit.
British Finance Sector Reportedly Seeks to Delay on New Capital Requirements
The media reports that the central bank of England is currently under pressure, the purpose of which is to postpone the date of entry into force of the new capital requirements.
Bank of America Says About Importance of Transcontinental Transparency for Cross-Border Payments
Isabel Baransky, director of Global transactional services at Bank of America and head of automatic conversion products in transactional currency payments, said that the lack of transparency is the most characteristic feature of the current state of cross-border payments.
Deposits Reportedly Disappear From Wells Fargo Bank Accounts
Wells Fargo is currently solving a technical problem, as a result of which, according to reports in social media, direct deposits began to disappear from the bank accounts of customers of this financial institution.
Bank of England Raises Interest Rates
The Bank of England on Thursday, August 3, announced an increase in interest rates.
Fitch Downgrades US Debt Rating From AAA to AA+
Fitch Ratings has downgraded the US debt rating from the highest level of AAA to AA+.
Why Sustainability and Ethical Marketing Is Important
In today’s rapidly evolving business landscape, sustainability and ethical marketing have emerged as critical drivers for companies aiming to make a positive impact on society and the environment. As consumers become more conscious of the consequences of their purchasing decisions, businesses are recognizing the significance of adopting sustainable practices and promoting their products and services […]
SoFi Publishes Earnings Results
SoFi’s results concerning the company’s revenues have become evidence of the effectiveness and justification of the firm’s concept of activity, which provides for the unification of savings, lending, and expenses within a single financial vector characterized by continuity.
Swiss National Bank Reports $15 Billion Loss
The Swiss National Bank on Monday, July 31, reported that following the results of the second quarter, this financial institution recorded a loss of 13.2 billion Swiss francs ($15.14 billion).
Top 5 accountig firms in the US
Small and new business owners may wonder why they need the services of an accounting firm. However, managing business finances alone can be overwhelming, and it could lead to costly mistakes.
MAS to Eliminate Corporate Cheques in Singapore: Timeline Revealed
The Monetary Authority of Singapore (MAS) quotes the rising cost of cheque processing as the main reason for abolishing corporate cheques as a payment instrument altogether
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