News - page 254

Standard Chartered Reduces Its Investments in Government Securities of Kenya
Finance & Economics

Standard Chartered Reduces Its Investments in Government Securities of Kenya

Standard Chartered Bank Kenya Ltd. has reduced the volume of its financial injections in government securities of this East African country by 52% during the period when investment activity allows for significant profits.

Jeremy Hunt Says About Downgrade of UK Growth Forecast
Finance & Economics

Jeremy Hunt Says About Downgrade of UK Growth Forecast

The chancellor of the exchequer Jeremy Hunt announced a deterioration in the forecast of economic growth in the UK.

Nvidia’s Revenue Demonstrates Growth
Science & Technology

Nvidia’s Revenue Demonstrates Growth

Nvidia has released its financial results for the quarter ended October 29.

HP Posts Revenue Decline
Science & Technology

HP Posts Revenue Decline

HP has published a report on its quarterly sales, which did not meet analysts’ expectations because the projected recovery of the personal computer market is still a hypothetical vision of the future and is not in the space of objective reality that cannot be denied.

China Fines Foxconn
Science & Technology

China Fines Foxconn

In China, local tax authorities fined a subsidiary of Foxconn Technology Group.

X Sues Watchdog Group Media Matters
Science & Technology

X Sues Watchdog Group Media Matters

Social network X, formerly known as Twitter, sued the watchdog Media Matters.

German Budget Crisis Worsens
Finance & Economics

German Budget Crisis Worsens

The German leadership decided on an emergency spending freeze against the background of the decision of the country’s top court, which aggravated the already existing budget crisis, which became a kind of shock factor for Europe’s largest economy.

Remittance Inflows Surge in Kenya
Fintech & Ecommerce

Remittance Inflows Surge in Kenya

In October, Kenyans who work and live abroad sent home Sh2.3 billion more than Sh51.89 billion ($340.4 million) in remittance registered in Kenya in September.

Baidu Posts Revenue Rise
Science & Technology

Baidu Posts Revenue Rise

Chinese technology giant Baidu on Tuesday, November 21, announced the financial results of its activities for the third quarter of 2023.

Citigroup Launches Restructuring
Finance & Economics

Citigroup Launches Restructuring

Citigroup has started operations as part of the next stage of its organizational change plan.

TSMC Reportedly Considers Building Third Plant in Japan
Science & Technology

TSMC Reportedly Considers Building Third Plant in Japan

The media, citing insiders, report that Taiwan Semiconductor Manufacturing Co. is currently studying the possibility of building a third plant in Japan.

Mastercard JV to Process Domestic Payments in China
Fintech & Ecommerce

Mastercard JV to Process Domestic Payments in China

Mastercard joint entity in China received formal approval from the People’s Bank of China and the National Administration of Financial Regulation to start processing domestic payments in the country.

Yellow Card Introduces PayPalUSD Stablecoin First in Africa
Blockchain & Crypto

Yellow Card Introduces PayPalUSD Stablecoin First in Africa

Yellow Card fintech has launched PayPalUSD paving new ways for digital financial transactions between Africa and the United States.

Mastercard to Use AI for Crypto Fraud Monitoring
Fintech & Ecommerce

Mastercard to Use AI for Crypto Fraud Monitoring

Mastercard has partnered with the Feedzai technology platform to improve the monitoring and blocking of fraud activities across transactions from over 6,000 crypto exchanges with the help of AI.

DFINITY & SingularityNET Join Efforts to Bring AI to dApps
Blockchain & Crypto

DFINITY & SingularityNET Join Efforts to Bring AI to dApps

The partnership between DFINITY and SingularityNET will integrate the Internet Computer blockchain with SingularityNET marketplace to advance decentralised AI infrastructure and bring AI-based services to dApps

Janet Yellen Says About US Considerable Progress in Reducing Inflation
Finance & Economics

Janet Yellen Says About US Considerable Progress in Reducing Inflation

Treasury Secretary Janet Yellen said on Monday, November 20, that the United States is making significant progress as part of efforts to reduce the inflation rate in this country.