News - page 134

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.

Science & Technology

TSMC Reports First-Quarter Revenue and Profit

Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 18, released earnings data for the first quarter of 2024.

Fintech & Ecommerce

JPMorgan CEO Says About Money in AI World

Chief Executive Officer of JPMorgan Chase & Co. Jamie Dimon, during a conversation with media representatives, outlined his vision regarding the question of what configuration of the future will become a reality for money in a world where artificial intelligence is the main technology.

Fintech & Ecommerce

BNPL Users to Top 670 Million Globally by 2028

The 107% growth of the BNPL (Buy Now, Pay Later) users is expected to be fueled by the increasing efforts of superapps and banks to develop their own flexible loan offerings.

Finance & Economics

Fed Chair Signals Rate-Cut Delay

The Chairman of the Federal Reserve, Jerome Powell, signaled that policymakers will wait longer to cut interest rates longer than originally expected.