News

Science & Technology

Ideogram Raises $80 Million for AI Image Generation

Ideogram, a startup that specializes in developing artificial intelligence technology that generates images, has announced its intention to raise $80 million in investment funds.

Fintech & Ecommerce

Klarna Posts Narrower Full-Year Losses

Klarna shrank its net losses by 73% last year.

Finance & Economics

Goldman Sachs CEO Says About Uncertainty to Soft-Landing Expectations

Chief Executive Officer of Goldman Sachs Group Inc. David Solomon said that the downward trend in consumer spending in the United States creates reason to doubt that the economic system of this country will be able to avoid the implementation of a negative recession scenario.

Finance & Economics

Chinese Developer Country Garden Faces Liquidation Petition

The Chinese developer Country Garden, which defaulted on its debts in 2023, announced that it had received a petition for liquidation from the creditor after non-payment of the loan.

Finance & Economics

Hong Kong Property Stocks Demonstrate Growth

In Hong Kong, an increase in the share price of local developers was recorded after Financial Secretary Paul Chan announced the cancellation of measures to cool property as part of efforts to normalize the state of affairs in the real estate sector, which found itself in a difficult situation amid the impact of negative factors […]

Finance & Economics

China Reportedly Aims to Shrink Scale of Quantitative Trading Strategy

The media, citing anonymous insiders, report that local regulators in China are currently taking measures aimed at gradually reducing the scale of implementation of the popular quantitative trading strategy.

Fintech & Ecommerce

CarGurus Rolls Out New AI Features

CarGurus is launching new artificial intelligence features to provide dealers and consumers with the necessary information about vehicles in full.

Science & Technology

EU Watchdog Examines Microsoft’s Mistral AI Investment

Microsoft Corp. investments in Mistral AI will be analyzed by the antimonopoly authority of the European Union.

Fintech & Ecommerce

Brazil’s Instant-Payment System Pix Expands Activity

The Brazilian instant payment system Pix may start operating globally in the foreseeable future.

Finance & Economics

Goldman Sachs Predicts Pharmacy’s Impact on US Economy

Goldman Sachs experts in their research report have suggested that the economic system of the United States will be able to significantly strengthen as a result of Americans taking popular weight loss medications, including Ozempic and Wegovy.

Finance & Economics

JPMorgan Chase CEO Says About Prospects of Commercial Real Estate Sector

JPMorgan Chase CEO Jamie Dimon on Monday, February 26, during a conversation with media representatives, stated his confidence that most owners of commercial real estate in the United States are able to successfully overcome the circumstances of the current state of affairs in the economic system of this country.

Finance & Economics

Standard Chartered CEO Says About Significance of Environmentally Conscious Investing

Bill Winters, Executive Director of Standard Chartered, believes that environmentally conscious investment will benefit from the term of business interests in the context of the prospects for developing players in this sector.

Science & Technology

India Chip Manufacturing Strategy Makes Progress

India has been an observer of the process that can be called the chip race for several years, but gradually this country changed its status, becoming an active participant in the large-scale development of the microcircuits production system.

Finance & Economics

Real Estate Loans Provoke Doubts in Canadian Banks’ Profits

The access of most of Canada’s largest banks to the commercial property market in the United States may cause unpleasant surprises for these financial institutions against the background of deterioration in the quality of some real estate loans.

Science & Technology

Xiaomi Launches New 14 Series Smartphone

Chinese consumer electronics manufacturer Xiaomi has presented its new 14-series smartphone with artificial intelligence on international markets.

Science & Technology

Figure AI Reportedly to Raise $675 Million

The media reports that the startup Figure AI, which carries out activities for the development of humanoid robots, is currently in the process of raising funding for $675 million with a preliminary valuation of about $2 billion.