News - page 24

Finance & Economics

US Inflation Declines

In the United States in February, consumer prices showed growth, the pace of which turned out to be the slowest in the last four months, against which a kind of respite is forming in anticipation of the impact of tariffs, characterized by many experts as a factor in increasing the cost of goods and services.

Science & Technology

AWS to Offer DeepSeek-R1 LLM

AWS becomes the first cloud service provider to deliver the fully managed DeepSeek-R1 LLM model as generally available within its Amazon Bedrock offering.

Fintech & Ecommerce

Global Digital ID Verification Checks to Grow 15% Over Next Year

The projected 15% increase in digital ID verification checks continues the growth trend seen in the previous year, when verification checks expanded by 16%, fueled by surging e-commerce transactions.

Fintech & Ecommerce

Smarsh Launches AI Assistant for Professional Archives

Previously used only by major global banks, advanced AI technology for professional archives is now available to small and mid-sized businesses through Smarsh AI Assistant.

Finance & Economics

Female Entrepreneurs Strive in Middle Income Nations Focusing on Domestic Markets

The majority of the countries where male early-stage entrepreneurial activity rates exceed that of females by five percentage points or more belong to the high-income group.

Fintech & Ecommerce

Fintech Zolve Raises $251 Million

Neobank Zolve on Tuesday, March 11, announced that it raised $251 million in the latest round of debt and equity financing.

Fintech & Ecommerce

Alibaba.com Targets 100% AI Adoption by Merchants

Alibaba Group Holding’s international wholesale marketplace, Alibaba.com, expects all sellers on this virtual platform to adopt its artificial intelligence tools by the end of the current year.

Science & Technology

Founder of Startup Butterfly Effect Says Chinese AI Agent Manus Transcends Chatbots

The Chinese startup Butterfly Effect, which has developed the general-purpose artificial intelligence agent dubbed Manus, appears to become a significant change factor in the market of large language models in the Asian country, as this virtual product focuses on apps beyond chatbots similar to ChatGPT from OpenAI.

Finance & Economics

Donald Trump Doubles Tariffs on Canadian Steel and Aluminum

President of the United States Donald Trump on Tuesday, March 11, announced that he would raise tariffs on steel and aluminum imported from Canada to 50% in response to the decision of the province of Ontario to increase taxes on electricity sent to the US.

Finance & Economics

China Seeks to Boost Consumption

China’s latest action as part of efforts to increase consumption is not aimed at dramatically raising all types of spending.

Fintech & Ecommerce

Nubank Partners With OpenAI to Boost Customer Experience

Brazil’s digital challenger Nubank enhances customer service for its 114 million customers in Brazil, Mexico, and Colombia by expanding its partnership with ChatGPT creator – OpenAI.

Finance & Economics

Riksbank Prioritises Offline Payments in Contingency Planning

Swedish Riksbank wants to strengthen the resilience of the national payment system, developing solutions that enable offline payments with cards, amidst the global geopolitical turmoil.

Blockchain & Crypto

BBVA to Offer Bitcoin and Ether Services in Spain

One of Spain’s largest banks, BBVA, got approval from the local financial regulator to handle crypto trading orders. The bank is now preparing to offer these services to retail customers, initially focusing on Bitcoin and Ether.

Finance & Economics

Gender Pay Gap Still an Issue in U.S.

As Women’s History Month progresses in the U.S., the same cannot be said about the gender pay gap, which hasn’t been shrinking much in the last few years.

Science & Technology

China Announces High-Tech Fund

After the artificial intelligence reasoning model, a product of the Chinese company DeepSeek, became popular globally in the current year, the top economic officials of the Asian country promised to form a state-backed fund to support technological innovation.

Finance & Economics

Wall Street Ends Sharply Lower

On Monday, March 10, the stock indexes of the United States showed a significant drop.