Klarna Reports SEK 216 Million Profit, Opens Hub in Warsaw
Klarna sees its profits grow 57% YoY, as it establishes a tech hub in Warsaw and looks forward to a strong holiday season driven by tech innovations.
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UniCredit Offers to Buy Banco BPM
On Monday, November 25, Italian UniCredit announced an unexpected 10 billion euros ($11 billion) bid for domestic peer Banco BPM.
Amazon Funds First Utility-Scale Wind Energy Projects in Greece
Amazon is developing three large wind farms in Greece, its biggest renewable energy initiative in the country.
Barclays Raises 2025 S&P 500 Index Forecast
On Monday, November 25, Barclays raised its forecast for the S&P 500 index from 6,500 to 6,600.
Mastercard Offers Immersive Shopping Experiences to Boost Canadian SMBs
Mastercard is launching a festive shopping initiative in Fort Langley, B.C., where immersive interactive experiences will amuse customers and support local small businesses (SMBs).
ZA Bank Launches Retail Crypto Services
Hong Kong’s ZA Bank enables retail cryptocurrency trading directly within its app.
Lenovo Adds Klarna’s Flexible Payment Methods in Europe
Global technology company Lenovo offers shoppers in 15 European countries the opportunity to use flexible payment methods from fintech firm Klarna.
Indonesia Reportedly Wants Apple to Increase Investments in Country
Indonesian state media reported that the government of that country currently expects Apple to increase local investment.
Intuit Adds AI-Powered Financial Assistant to QuickBooks
Intuit has added a virtual financial assistant powered by artificial intelligence to QuickBooks.
Lightning AI Raises $50 Million
The artificial intelligence development platform Lightning AI was able to raise equity investments worth $50 million.
US Bank and One Inc to Accelerate Instant Insurance Payments
Insurance industry payments network One Inc has launched a partnership with US Bank.
Mastercard and Fundbot to Speed B2B Payment Flows
Mastercard will implement partnerships with Fundbot, a fintech company based in the United Arab Emirates that finances supply chains.
US Business Activity Gauge Demonstrates Growth
In the United States, in November, the measure of business activity reached a mark corresponding to a 31-month high.
Amazon to Invest Another $4 Billion in Anthropic
Amazon on Friday, November 22, announced that it will invest an additional $4 billion in Anthropic, a startup operating in the space of the artificial intelligence industry.
China Announces Policy Measures to Boost Trade
The ministry of commerce of China on Thursday, November 21, announced policy measures aimed at stimulating the foreign trade activities of this Asian country.
ECB Representatives Say About Prospects of Cutting Interest Rates
European Central Bank (ECB) Governing Council member Yannis Stournaras on Thursday, November 21, during a conversation with media representatives, said that this financial regulator should decide on cutting interest rates at each regular meeting on monetary policy issues until the cost of borrowing is fixed at such a mark, which will neither restrict nor stimulate […]
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