Grayscale Refiles Spot Bitcoin ETF Application
Grayscale submitted an amended S-3 filing that includes a cash-only creation model with the U.S. securities regulator.
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Anthropic Reportedly Forecasts $1 Billion 2024 Revenue
The media reports that the startup Anthropic, working in the sphere of artificial intelligence, predicts revenue of more than $850 million in the next year, but there is also information about the company’s more impressive financial prospects.
Goldman Rethinks Emerging Markets Strategy Due to China Lesson
Kamakshya Trivedi, head of global currencies, interest rates, and Emerging Markets Strategy at Goldman Sachs Group, said that he had learned two lessons from one of the largest and most common unsuccessful forecasts of this year, which envisaged a rapid recovery of China’s economic system after the end of the country’s policy of severe restrictions […]
Analysts Predict Rebound in PC Sales in 2024
Analysts at Canalys said that next year, the decline in sales in the personal computer market is highly likely to end, since, according to their observations of the mood and plans in the consumer environment, there is currently a trend towards a gradual restoration of interest to the purchase of relevant devices.
Adani Green Energy Raises $1.13B to Boost Renewable Energy Transition in India
India’s largest renewable energy developer, Adani Green Energy, said its shareholders will invest INR 9,350 crore ($1.13 billion) in the company to boost its capacity, achieving its stated target of 45 GW by 2030.
US Holiday Retail Sales Grow 3.1%
Mastercard SpendingPulse estimated that this year’s holiday in-store and online retail sales grew 3.1% year over year.
Morgan Stanley Expects Record Japan Revenue
Morgan Stanley expects that shortly its income generated as a result of operating in Japan will be fixed at the level that is the highest in the history of its presence in this country.
French Prosecutor’s Office Investigates BNP Paribas
In France, the prosecutor’s office is currently investigating alleged aggravated money laundering related to financial transfers made by a Cypriot brokerage company that interacted with the custodial unit BNP Paribas.
Swiss Finance Minister Says About Need for New Rules After Credit Suisse Crisis
Swiss Finance Minister Karin Keller-Sutter said that the purchase of Credit Suisse by the UBS Group was a less risky step, noting the need for the government of this country to take measures capable of providing a high level of protection to taxpayers in the event of a crisis in the banking sector.
US Home Prices Hit Another Record High
In October, housing costs continued to rise in the United States.
Intel to Invest $25 Billion in Israel
Intel has confirmed its intention to invest $25 billion in Israel.
Samsung Reportedly Delays Production at New US Factory
Media reports that South Korean company Samsung Electronics Co. has postponed plans to launch mass production at its new chip manufacturing plant in Taylor, Texas.
Singapore November Core Inflation Demonstrates Subdued Demand
In Singapore, core inflation showed a dynamic of the decline in November.
China Stimulates Asia-Pacific Demand for Sustainable Finance
Analysts and fund managers predict that next year, investing in companies and industrial sectors to create a kind of economic base for their transition to a low-carbon future will become the dominant trend in China and the Asia-Pacific region, as demand for sustainable financial products continues to remain high here, despite the current interest rate […]
Four Chinese AI Models Pass Official Assessment
In China, the first group of four large generative artificial intelligence models has passed an official assessment of compliance with standards.
Alibaba Promotes Millennials to E-Commerce Leadership Roles
Alibaba Group Holding is pushing millennials, who are representatives of the generation born in the early 1980s – mid-1990s, to take leading roles in the Chinese online market, since currently this e-commerce giant, based in Huangzhou, is going through a kind of transformation period to resist the pressure of competitors such as PDD Holdings.
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