News - page 160

Fed Governor Christopher Waller Says About Fast Inflation Softening
Finance & Economics

Fed Governor Christopher Waller Says About Fast Inflation Softening

Federal Reserve Governor Christopher Waller on Friday, September 20, during a conversation with media representatives, said that this week at a meeting of the central bank of the United States on monetary policy, he supported the decision to cut interest rates by a half percentage point rate, since the currently observed rate of decline in […]

Abu Dhabi Seeks to Expand Partnership With Washington Through AI
Finance & Economics

Abu Dhabi Seeks to Expand Partnership With Washington Through AI

Emirati President Sheikh Mohammed bin Zayed Al Nahyan’s first official trip to the United States, as reported by the media, is aimed at reaching agreements on a higher level of cooperation between Abu Dhabi and Washington in the context of preparing for the continuation of partnership relations between the two capitals within the framework of […]

Amazon Launches AI Assistant for Third-Party Sellers
Fintech & Ecommerce

Amazon Launches AI Assistant for Third-Party Sellers

Amazon has announced the launch of an artificial intelligence tool that is designed to help third-party sellers quickly fix problems related to their accounts and obtain inventory and sales data.

Capmont Reportedly Launches $111 Million Fund
Finance & Economics

Capmont Reportedly Launches $111 Million Fund

The media reports that the venture capital company Capmont Technology, which is based in Munich, has launched a fund worth $111 million.

EU Court Confirms Qualcomm’s Fine
Science & Technology

EU Court Confirms Qualcomm’s Fine

The European second-top court on Wednesday, September 18, basically confirmed the EU antitrust fine against the US chip manufacturer Qualcomm.

Google Buys Carbon Removal Credits From Brazil Startup
Society & Lifestyle

Google Buys Carbon Removal Credits From Brazil Startup

Google has agreed to buy carbon removal credits for the first time in history.

Alibaba Rolls Out Over 100 New AI Models
Science & Technology

Alibaba Rolls Out Over 100 New AI Models

The Chinese company Alibaba on Thursday, September 19, presented more than 100 new models of artificial intelligence with open-source code.

Bank of England Keeps Interest Rates Steady
Finance & Economics

Bank of England Keeps Interest Rates Steady

The Bank of England on Thursday, September 19, decided to keep interest rates at the same level.

Fed Cuts Interest Rates
Finance & Economics

Fed Cuts Interest Rates

The Federal Reserve System on Wednesday, September 18, decided to cut its benchmark interest rate by a half percentage point.

Wells Fargo Presents New APIs for Commercial Banking Clients
Fintech & Ecommerce

Wells Fargo Presents New APIs for Commercial Banking Clients

Wells Fargo presented specialized application programming interfaces (APIs) designed for clients of this financial institution who belong to the category of consumers of commercial banking services.

JPMorgan Reportedly Negotiates to Become Apple Credit Card Issuer
Fintech & Ecommerce

JPMorgan Reportedly Negotiates to Become Apple Credit Card Issuer

The media reports that JPMorgan Chase which is currently the largest financial institution in the banking sector of the United States is in talks with Apple to become the technology giant’s new credit card issuer.

JPMorgan Seeks to Expand in Africa and Scandinavia
Finance & Economics

JPMorgan Seeks to Expand in Africa and Scandinavia

JPMorgan Chase, the largest bank in the United States, is currently stepping up efforts to expand its business globally, intending to form an enhanced presence outside the domestic market.

Institutions Drive Crypto Adoption in South Korea and Hong Kong: Report
Blockchain & Crypto

Institutions Drive Crypto Adoption in South Korea and Hong Kong: Report

Eastern Asia is the sixth largest cryptocurrency economy in the world this year, accounting for 8.9% of global crypto value received between July 2023 and June 2024. South Korea and Hong Kong stand out as the most crypto-active countries in the region, with institutions driving increased adoption.

USDC Integrates With Real-Time Payment Systems of Mexico and Brazil
Blockchain & Crypto

USDC Integrates With Real-Time Payment Systems of Mexico and Brazil

Circle has partnered with leading banks in Mexico and Brazil to integrate its stablecoin, USDC, into the national real-time payment systems of these two countries.

Microsoft Approves New Share Buyback Program
Science & Technology

Microsoft Approves New Share Buyback Program

Microsoft announced that the company’s board of directors has approved a new share buyback program worth up to $60 billion.

Microsoft and BlackRock to Launch Fund for AI Infrastructure
Science & Technology

Microsoft and BlackRock to Launch Fund for AI Infrastructure

BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.