News - page 216

BOJ Сhief Stops Short of Declaring 2% Price Goal Met
Finance & Economics

BOJ Сhief Stops Short of Declaring 2% Price Goal Met

Kazuo Ueda, Governor of the Bank of Japan, said that it is currently too early to conclude that the inflation process in this country is on a trajectory of steady approach to the financial regulator’s target of 2%.

Walmart and Amazon Focus on AI
Fintech & Ecommerce

Walmart and Amazon Focus on AI

This week, Amazon decided to increase its investment in artificial intelligence, as the e-commerce giant and its competitor Walmart seek to introduce advanced technologies into their services on a large scale so that their market positions remain stable.

Dell Reports Earnings
Science & Technology

Dell Reports Earnings

Dell Technologies Inc. has reported the highest sales and earnings figures for its products over the past six months.

AMD’s Market Value Tops $300 Billion
Science & Technology

AMD’s Market Value Tops $300 Billion

Shares of Advanced Micro Devices (AMD) Inc. last Thursday, February 29, showed a rapid increase in cost.

Deutsche Bank Reportedly to File Liquidation Suit Against Chinese Developer Shimao
Finance & Economics

Deutsche Bank Reportedly to File Liquidation Suit Against Chinese Developer Shimao

The media, citing insiders, reported that Deutsche Bank is preparing a liquidation lawsuit against the Chinese developer Shimao Group.

Sales of Apple’s Smartphones Fall in China
Science & Technology

Sales of Apple’s Smartphones Fall in China

In the Chinese smartphone market, there continues to be a trend of restrained consumer demand for the iPhone.

Elon Musk Sues OpenAI
Science & Technology

Elon Musk Sues OpenAI

Elon Musk has sued OpenAI and the chief executive officer of this startup, Sam Altman.

Equifax Launches Fraud Prevention KYB Tool
Fintech & Ecommerce

Equifax Launches Fraud Prevention KYB Tool

Equifax is launching the Know Your Business (KYB) solution, with which American lenders and businesses will be able to make more informed decisions about gaining new accounts or vendors.

Microsoft to Launch Copilot AI Chatbot for Finance Workers
Science & Technology

Microsoft to Launch Copilot AI Chatbot for Finance Workers

Microsoft on Thursday, February 29, announced its intention to release a version of Copilot, a chatbot based on artificial intelligence, which will be able to perform key tasks for people who work in the sphere of finance.

India Approves $15 Billion of Chip Plant Investments
Science & Technology

India Approves $15 Billion of Chip Plant Investments

In India, the local government has decided to allocate $15.2 billion in government funding for the construction of chip manufacturing plants.

Mastercard Introduces Open Banking for Account Opening Program
Fintech & Ecommerce

Mastercard Introduces Open Banking for Account Opening Program

The new core benefit program from Mastercard is aimed at select U.S. debit and prepaid products, designed to streamline and secure account opening with open banking capabilities.

Chinese Authorities to Discuss Economic Growth Goals
Finance & Economics

Chinese Authorities to Discuss Economic Growth Goals

The annual legislative meeting will be held in Beijing next week, during which the goal of China’s economic growth and plans to achieve it will be discussed.

Klarna Sees Tremendous Improvements Brought By AI Bot
Fintech & Ecommerce

Klarna Sees Tremendous Improvements Brought By AI Bot

Klarna has had its new AI bot conducting 2.3 million conversations, two-thirds of Klarna’s total customer service chats, within the last month.

France’s Inflation Rate Falls
Finance & Economics

France’s Inflation Rate Falls

In February, the inflation rate in France showed a slowdown to a level that is the lowest since September 2021.

Swiss Economy Demonstrates Growth
Finance & Economics

Swiss Economy Demonstrates Growth

As the results of last year, the Swiss economic system unexpectedly maintained a positive dynamic, even though the manufacturing sector in this country continues to be a factor of negative impact on the corresponding growth prospects.

Sustainable Miners to Suffer Less From Bitcoin Halving
Blockchain & Crypto

Sustainable Miners to Suffer Less From Bitcoin Halving

Bitcoin halving event is typically a challenging period for the miners, yet those who operate based on energy-efficient models are more likely to keep operations profitable during that time, explain U.S. mining firms.