News - page 16

Finance & Economics

Joe Biden Administration Forgives $4.5 Billion in Student Debt

The administration of the President of the United States Joe Biden on Thursday, October 17, announced that it was forgiving another $4.5 billion in student debt to more than 60,000 borrowers.

Finance & Economics

ECB Cuts Rates Again

The European Central Bank on Thursday, October 17, decided to cut interest rates again.

Fintech & Ecommerce

Mastercard Expands Tech Hub Ecosystem With New Campus in India

Mastercard Pune tech hub in India will focus on areas like cybersecurity, data analytics, and AI-driven solutions and play a key role in supporting Mastercard’s global operations and enhancing its digital infrastructure.

Fintech & Ecommerce

Swift Introduces AI Fraud Detection for Cross-Border Payments

SWIFT network is to launch an AI-powered solution to bolster fraud detection in cross-border payments, analyze vast amounts of real-time payment data, and mitigate risks.

Fintech & Ecommerce

Robinhood Launches Desktop Platform

Robinhood launched the long-awaited desktop platform on Wednesday, October 16.

Science & Technology

Amazon Announces Its First Color Kindle E-Reader

Amazon on Wednesday, October 16, announced a new version of the Kindle e-book reader.

Finance & Economics

UK Inflation Drops

In September, the United Kingdom recorded a sharp decrease in the inflation rate.

Finance & Economics

Morgan Stanley Earnings Exceed Estimates

Morgan Stanley on Wednesday, October 16, published information about its earnings for the third quarter of the current year.

Science & Technology

ASML Shares Demonstrate Decline

The value of shares of ASML Holding NV showed a decrease, which turned out to be the largest in the last 26 years, after it became known this Dutch company specializing in the production of equipment necessary for making chips, including advanced categories, booked only half of the orders from the indicator predicted by analysts.

Fintech & Ecommerce

Amazon Uses Legal Action and Other Methods to Combat Fake Reviews

Amazon on Monday, October 14, said that it uses legal action and other methods to combat fake reviews and prevent customers from seeing relevant materials.

Science & Technology

Adobe Rolls Out New AI Model to Generate Video

Adobe has presented an artificial intelligence model that can use text prompts to generate videos.

Finance & Economics

Citigroup Reports Earnings

Citigroup on Tuesday, October 15, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of Wall Street analysts.

Society & Lifestyle

Starbucks Reportedly Scales Back Discounts and Promotions

It is expected that Starbucks will soon have fewer promotions, which will be the result of new solutions from this company.

Society & Lifestyle

Walgreens Closes 1,200 stores

Walgreens is closing about 1,200 locations, which is a decision made against the background of circumstances such as the competition of this pharmacy chain with similar virtual platforms and a decrease in payment for prescription drugs.

Finance & Economics

Goldman Sachs Earnings Exceed Forecasts

Goldman Sachs has published data on the financial results of its activity in the third quarter of the current year, according to which the revenue and profit of this bank with headquarters in New York City for the mentioned period exceeded preliminary expectations for the corresponding dynamic.

Science & Technology

AI-Powered Robotics Startup Perceptyne Gets $3 Million Funding to Promote Electronic Manufacturing in India

Indian startup Perceptyne secured $3 million in seed funding round led by Endiya Partners and Yali Capital.