News - page 134

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.

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.

Fintech & Ecommerce

SumUp Reportedly Aims to Raise $1.1 Billion to Refinance Debt

The media reports that the SumUp payment company, which is based in London, intends to raise €1 billion ($1.1 billion) from private creditors.

Science & Technology

Amazon Bedrock to Add Mistral AI Models to Its Lineup

Amazon Bedrock has announced that it will add Mistral AI models to its lineup, which will expand the range of capabilities to meet the needs of customers in generative artificial intelligence.

Fintech & Ecommerce

Swiss National Bank Fixes High Demand on Cash

Swiss residents continue to opt for banknotes and coins, despite the scaling of mobile payment apps and predictions that the era of the so-called cashless society will come in the future.

Society & Lifestyle

FTC Fines Avast

Avast, a company specializing in developing cybersecurity software, has been fined $16.5 million by the US Federal Trade Commission (FTC).

Science & Technology

Google CEO Says About Specificity of AI as Cybersecurity Tool

Google CEO Sundar Pichai said that the rapid development of artificial intelligence can enhance security protection in cyberspace.

Finance & Economics

Golden Ventures Secures $100 Million to Invest in Canada’s Tech Ecosystem

Golden Ventures, a Canadian-based venture capital firm, has closed over its fifth fund of more than $100 million.

Fintech & Ecommerce

Grab Reports First Ever Quarterly Profit

Grab, a Malaysian company specializing in logistics and delivery services has reported its first profitable quarter.

Blockchain & Crypto

Kraken Aims to Dismiss SEC Suit to Avoid Dangerous Precedent

Kraken has filed to dismiss an SEC lawsuit that would grant the regulator “boundless authority over commerce and potentially open up the floodgates to private securities law claims,” in the crypto exchange’s opinion.

Finance & Economics

US Manufacturing Activity Demonstrates Growth

It was fixed the increase in manufacturing activity in the United States.

Blockchain & Crypto

South Africa to Start to Work on Stablecoin Regime

South Africa’s Intergovernmental Fintech Working Group will conduct analytical research on the use cases of stablecoins and will pay attention to the consideration of appropriate policy measures and regulation of the digital currency during 2024.