Japan Manages to Avoid Recession
The Japanese economy in the last quarter of 2023 showed a positive result, which exceeded the preliminary forecasts of analysts.
News - page 22
China’s Consumer Prices Rise for First Time in Half-Year
Positive consumer inflation has been recorded in China for the first time in the last six months.
Bitcoin Hits All-Time High of $71,4K
Bitcoin continues its impressive rally, having risen by 2.62% in the last 24 hours, reaching a new all-time high of $71,415 on March 11, just 36 days before the much anticipated Bitcoin halving event.
AWS Introduces Anthropic AI Models on Amazon Bedrock
The new Anthropic Claude 3 models now available on Amazon Bedrock can help global businesses automate tasks, create new user-facing applications, and accelerate research and development across various sectors.
Italy Privacy Watchdog Fines Unicredit
In Italy, the local data protection authority fined the bank UniCredit.
NatWest to End BNPL Product
NatWest has announced its intention to stop the Buy Now, Pay Later (BNPL) product.
Intel-Backed Astera Seeks $534 Million in IPO
Astera Labs Inc. intends to raise as much as $534 million in an initial public offering (IPO).
China to Establish $27 Billion Chip Fund
China is currently on its way to establishing the largest chip fund, which will become a kind of organization designed to counter the restrictions from the United States in the sphere of access to advanced microcircuits.
MoneyLion Adds AI to Personal Financial Management Platform
MoneyLion has added a premium membership offer and an artificial intelligence-based search feature to its personal finance management platform.
Hong Kong Launches Wholesale CBDC Project
In Hong Kong, the local financial regulator announced the launch of the wholesale Central Bank Digital Currency (CBDC) project.
Nationwide Building Society to Acquire Virgin Money
The bank Nationwide Building Society, which is based in the United Kingdom, plans to acquire retail lender Virgin Money.
TSMC Reports Earnings
Taiwan Semiconductor Manufacturing Co. (TSMC) recorded revenue growth in the first two months of the current year.
Uber Eats Launches Live Location Sharing
Uber Eats has announced the launch of a real-time location-sharing feature for delivery to hard-to-reach spaces.
NYCB’s New CEO Mulls Business Plan
The new CEO of New York Community Bancorp (NYCB), Joseph Otting, said that he is currently working on creating a new business plan for this financial institution.
Salesforce Announces New AI Solutions for Doctors
Salesforce on Thursday, March 7, announced new solutions for data processing and artificial intelligence.
ECB Keeps Borrowing Costs Steady
The European Central Bank kept the cost of borrowing at the current level during its fourth meeting, but at the same time, new economic forecasts could become a kind of base of argument to justify the expediency of the financial regulator’s decision to start lowering interest rates in 2024.
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