News - page 119

Science & Technology

Gina Raimondo Downplays Huawei’s Latest Microchip Breakthrough

Last weekend, US Commerce Secretary Gina Raimondo, while talking to reporters, downplayed the importance of the latest achievements of the Chinese company Huawei Technologies in the microchip area, stating in an appropriate context that Washington is significantly ahead of Beijing in the mentioned segment of the technology sector.

Science & Technology

ComfortDelGro Gets Green Loan From DBS to Accelerate Decarbonization of its UK Bus Fleet

SGD 100 million loan facility provided by DBS will be used to make the global operator ComfortDelGro’s bus fleet greener in the UK.

Fintech & Ecommerce

Mastercard Introduces Mobile Virtual Card App for Businesses

The new In Control Pay app from Mastercard enables virtual commercial cards to be added to digital wallets, simplifying business expense reports and reconciliation processes.

Finance & Economics

Economists Boost US GDP Outlook

Economists have raised their outlooks on the growth of the gross domestic product (GDP) of the United States.

Finance & Economics

Bank of Canada Governor Sees Little Impact of Country Budget on Fiscal Track

Bank of Canada Governor Tiff Macklem said that the draft budget of Prime Minister Justin Trudeau did not become a factor of impact that led to changes in the concept of fiscal policy that the financial regulator formed back in November last year.

Finance & Economics

Wagestream Raises $21.8 Million

Wagestream, a financial well-being app focused on frontline workers, was able to raise investment funds for 17.5 million pounds (about $21.8 million) as part of the financing round.

Finance & Economics

S&P Says About Loosening of China’s Fiscal Stimulus

Yunbang Xu, senior analyst at S&P Global Ratings, said that China’s fiscal stimulus program is gradually weakening.

Science & Technology

Lenovo and Alibaba Cooperate to Build AI Computers

Lenovo Group, one of the world’s largest manufacturers of personal computers, has partnered with Alibaba Group Holding, a giant in the sphere of Internet business, to create a series of products based on artificial intelligence.

Science & Technology

Micron Intends to Get $6.1 Billion in Grants From US

The company Micron Technology, which specializes in the implementation of activities for the production of memory chips, will receive $6.1 billion in grants from the Commerce Department of the United States.

Science & Technology

Cisco Unveils AI-Focused Security System

Cisco Systems last Thursday, April 18, presented a new product for the security architecture, which is designed to provide a high level of cyber defense through the use of artificial intelligence technologies.

Finance & Economics

MAS to Invest S$35 million to Upskill Sustainable Finance Specialists

The Sustainable Finance Jobs Transformation Map (JTM) laid out by MAS aims to support upskilling and reskilling in the financial sector and develop a new range of specialists in sustainable finance over the next three years.

Fintech & Ecommerce

SingSaver Introduces Tailored Travel Insurance by Allianz

Allianz Travel Hero insurance solution enables customers to tailor their insurance plans depending on the distance of their travel, or the length of their stay overseas.

Science & Technology

Zuckerberg Announces Meta Wearables That Read Brain Signals

Mark Zuckerberg hinted that the new neural technology Meta is currently developing will be “pretty wild,” able to interpret brain signals in order to control computers and other smart devices.

Science & Technology

Meta Releases Llama 3

Meta Platforms Inc. on Thursday, April 18, presented a new version of its Llama artificial intelligence model.

Science & Technology

Huawei Releases New Phone Lineup

Huawei Technologies Co. on Thursday, April 18, presented a new series of smartphones.

Finance & Economics

Morgan Stanley Predicts Bank of England to Cut Rates in May

Morgan Stanley experts say that there is still a possibility that next month the Bank of England will begin implementing a monetary policy easing strategy, under which interest rates will be cut.