News - page 137

Blackstone Reportedly Targets New European Markets
Finance & Economics

Blackstone Reportedly Targets New European Markets

Blackstone’s private wealth business plans to enter at least two new European markets next year.

Gulf IPOs See Growing Demand
Finance & Economics

Gulf IPOs See Growing Demand

Investors began to pay more active attention to initial public offerings (IPOs) of shares in the Persian Gulf countries, where recently companies from various areas of activity, including healthcare, beauty industry, and retail, were preparing to list their stocks against the background that the economy of this region is undergoing a process of diversification, gradually […]

Affirm Rolls Out BNPL Services in UK
Fintech & Ecommerce

Affirm Rolls Out BNPL Services in UK

Flexible payment network Affirm introduced its BNPL services to customers in the UK marking its first European expansion.

AliExpress Welcomes U.S. Retailers to Its Direct Platform
Fintech & Ecommerce

AliExpress Welcomes U.S. Retailers to Its Direct Platform

AliExpress invited U.S.-based retailers to join the AliExpressDirect initiative and reach a global audience through the Chinese leading e-commerce platform.

Shopify Finance Launches as Centralized Hub for All Financial Solutions
Fintech & Ecommerce

Shopify Finance Launches as Centralized Hub for All Financial Solutions

A unified administrative portal, Shopify Finance, helps merchants focus on their business growth, alleviating the complexity and administrative burden of managing multiple financial tools.

Apple Plans ChatGPT Integration
Science & Technology

Apple Plans ChatGPT Integration

Apple announced the December integration of OpenAI’s ChatGPT chatbot.

Huawei Integrates Chinese CBDC Into HarmonyOS NEXT
Blockchain & Crypto

Huawei Integrates Chinese CBDC Into HarmonyOS NEXT

Huawei is embedding Chinese CBDC, digital yuan, directly into its HarmonyOS NEXT operating system, potentially reaching up to a billion users.

Enterprise Cloud Infrastructure Spending Surges to $84B
Science & Technology

Enterprise Cloud Infrastructure Spending Surges to $84B

In Q3 2024, global enterprise spending on cloud infrastructure services was $84 billion, up 23% from the same period in 2023, with generative AI driving the market acceleration.

US Manufacturing Demonstrates Decline
Finance & Economics

US Manufacturing Demonstrates Decline

In October, the United States recorded a decrease in the level of manufacturing activity to a reading that is a 15-month low.

Visa Reportedly Uses More Than 500 Gen AI Apps
Fintech & Ecommerce

Visa Reportedly Uses More Than 500 Gen AI Apps

The media published information according to which the payment industry giant Visa currently uses more than 500 apps based on generative artificial intelligence.

US Unemployment Rate Demonstrates Resilience
Finance & Economics

US Unemployment Rate Demonstrates Resilience

In the United States, job growth almost stalled last month.

Amazon Reports Q3 Earnings
Finance & Economics

Amazon Reports Q3 Earnings

Amazon on last Thursday, October 31, released information about its earnings in the third quarter of the current year, which exceeded analysts’ preliminary expectations in large part due to the growth of the company’s business in the areas of cloud computing and advertising.

South Korean Export Growth Slows
Finance & Economics

South Korean Export Growth Slows

In South Korea, a slowdown in the export dynamic was recorded last month.

Amazon Introduces New Virtual Holiday Shop
Fintech & Ecommerce

Amazon Introduces New Virtual Holiday Shop

Holiday shopping has just become easier and more fun with a new virtual holiday shop by Amazon.

Klarna and Zoom Launch Flexible Payments in 16 Markets
Fintech & Ecommerce

Klarna and Zoom Launch Flexible Payments in 16 Markets

Klarna and Zoom have launched flexible payment options for Zoom Workplace subscriptions to make digital collaboration more accessible.

Financial Institutions Increasingly Use Alternative Credit Data to Assess Consumer Creditworthiness
Fintech & Ecommerce

Financial Institutions Increasingly Use Alternative Credit Data to Assess Consumer Creditworthiness

LexisNexis Risk Solutions research reveals that as traditional credit data provides less visibility into consumer risk, financial institutions worldwide increasingly leverage alternative data in the consumer lending process.