News - page 199

Hong Kong Growth Beats Expectations
Finance & Economics

Hong Kong Growth Beats Expectations

The Hong Kong economy in the first quarter of the current year demonstrated growth rates that significantly exceeded preliminary expectations for the dynamic of the corresponding indicator.

Jerome Powell Keeps Hopes Alive for Interest-Rate Cut
Finance & Economics

Jerome Powell Keeps Hopes Alive for Interest-Rate Cut

Federal Reserve Chairman Jerome Powell, still at the level of hypothetical assumptions, does not deny the likelihood that at some point during the current year, a decision will be made on cutting interest rates, but at the same time recognizes the fact that the circumstances of the external environment are not absolutely favorable for lowering […]

Walmart Launches New Grocery Brand
Finance & Economics

Walmart Launches New Grocery Brand

Walmart has unveiled a new grocery brand as part of its drive to retain the customers the company gained during a period of high inflation.

Microsoft to Open Data Centre in Thailand
Science & Technology

Microsoft to Open Data Centre in Thailand

Microsoft will open its first regional data center in Thailand.

AMD Reports First-Quarter Earnings
Science & Technology

AMD Reports First-Quarter Earnings

Advanced Micro Devices (AMD) on Tuesday, April 30, released information about the financial results of its operations in the first quarter of the current year.

PsiQuantum to Build First Commercial Quantum Computer
Science & Technology

PsiQuantum to Build First Commercial Quantum Computer

PsiQuantum aims to build a utility-scale fault-tolerant quantum computer capable of error correction in Brisbane, Australia.

Pinterest Shares Increase on Earnings Beat
Science & Technology

Pinterest Shares Increase on Earnings Beat

The share price of Pinterest on Tuesday, April 30, increased by 18% during extended trading.

Amazon Profit Beats Estimates
Finance & Economics

Amazon Profit Beats Estimates

Amazon has released its earnings data for the first quarter of 2024, which exceeded preliminary expectations.

Bank of England Urges UK Payment Companies to Upgrade Operational Resilience
Fintech & Ecommerce

Bank of England Urges UK Payment Companies to Upgrade Operational Resilience

Sasha Mills, executive director of Financial Market Infrastructure (FMI) at the Bank of England, said that much more needs to be done in the context of increasing cyberattack preparedness for companies that provide payment transaction services in the United Kingdom.

AWS Launches New GenAI-Powered Assistants
Science & Technology

AWS Launches New GenAI-Powered Assistants

Amazon Web Services (AWS) on Tuesday, April 30, announced the universal availability of its virtual assistants based on generative artificial intelligence, which are designed to solve business-related tasks and software development.

Huawei Reports Quarterly Earnings
Science & Technology

Huawei Reports Quarterly Earnings

Huawei Technologies on Tuesday, April 30, released information on the financial performance of its activities in the first quarter of the current year.

Microsoft to Invest $1.7 Billion in Indonesia
Science & Technology

Microsoft to Invest $1.7 Billion in Indonesia

On Tuesday, April 30, Microsoft announced its intention to invest $1.7 billion in Indonesia over the next four years.

Samsung Reports Jump in Profit
Science & Technology

Samsung Reports Jump in Profit

Samsung Electronics on Tuesday, April 30, released information on its financial results for the first quarter of the current year, which showed significant growth, largely due to an increase in prices for memory chips amid increased optimism about the prospects for the development and scaling of the artificial intelligence industry.

NatWest Issues First IP-Backed Loan to Sci-Net
Fintech & Ecommerce

NatWest Issues First IP-Backed Loan to Sci-Net

The new High Growth IP Loan that Sci-Net secured from NatWest has been developed in cooperation with specialist IP evaluation company Inngot to help unlock the funding gap for high-growth firms.

Hong Kong Crypto ETFs Begin Trading
Blockchain & Crypto

Hong Kong Crypto ETFs Begin Trading

Spot Bitcoin and Ethereum exchange-traded funds (ETFs), the first crypto ETFs in Asia, have officially gone live in the Hong Kong stock market today.

Amazon Says Prime Delivery Speed Increases
Fintech & Ecommerce

Amazon Says Prime Delivery Speed Increases

Amazon has reported that its Prime deliveries are showing record-high speeds.