Netflix to Stream WWE Raw
Netflix Inc. has become the owner of the exclusive rights to Raw and other programming from World Wrestling Entertainment (WWE), which is the first major step by the media industry giant towards live streaming of events.
News - page 29
Goldman’s Jan Hatzius Sees US Soft Landing
Chief Economist at Goldman Sachs Group Inc. Jan Hatzius on Tuesday, January 23, during a conversation with media representatives in Hong Kong, said that the Federal Reserve System is currently on track to achieve a soft landing of the United States economy.
China Strategist Shaun Rein Warns of Deflation
In the foreseeable future, deflation may become a factor influencing the dynamic of the process of growth of the Chinese economy.
Top Citi Strategist Says About Prospects of Healthy Economic Growth
Steven Wieting, chief investment strategist and chief economist at Citi Global Wealth, says that the global economic system does not need a collapse situation for the inflation rate to return to the target level.
Nvidia CEO Makes China Tour
Co-founder of Nvidia Corp. Jensen Huang went on his first trip to China in four years.
Crypto’s Terraform Files for Bankruptcy
Terraform Labs Pte., a company specializing in digital assets and co-founded by Do Kwon, has filed for Chapter 11 bankruptcy protection in the United States.
ElevenLabs Raises $80 Million for AI Projects
The startup ElevenLabs, which uses artificial intelligence software to replicate voices in more than 20 languages, has conducted a new round of funding.
World Bank Aims to Surpass $40 Billion Climate Funding Goal Next Year
The World Bank Group – the biggest provider of climate finance to developing countries – is now aiming for 45% of all financing to go toward climate projects by 2025.
South African Fintech Ukheshe Acquires EFTCorp
Ukheshe International, a South African fintech enablement partner and EFT Corporation (EFTCorp) will continue to operate as separate entities and maintain their respective brand identities after the acquisition.
Goldman Sachs Increases Loan Facility to Hong Kong Fintech Firm FundPark
Hong Kong-based fintech startup FundPark, which specializes in providing trade finance to small and medium-sized enterprises, announced that it managed to raise $500 million from Goldman Sachs.
China Actively Buys Chip Gear to Beat US Curbs
In 2023, there was a significant increase in the volume of imports of equipment necessary for the production of microcircuits to China.
Moody’s Negatively Characterizes Asia’s Sovereign Creditworthiness
Moody’s Investors Service has made a negative outlook on the sovereign creditworthiness of the Asia-Pacific region, citing factors such as the slowdown in China’s economic growth, risks associated with the current state of affairs in the sphere of geopolitics, and tight funding as the reasons for this point of view.
Microfinance Startup FinAGG Raises $11M From Tata Capital, BlueOrchard
Indian fintech FinAGG has raised $11 million in a Series A funding round led by BlueOrchard and Tata Capital to improve financing access for millions of Indian MSMEs.
N26 Rolls Out Stock & ETF Trading
German online bank N26 has launched the long-anticipated Stock and ETF trading product that will allow its customers to buy and sell stocks and ETFs in-app for 0.90 EUR per trade.
India Is Among Top Fintech Cluster Hubs Globally
The World Economic Forum emphasised the role of thriving fintech hubs hosting clusters of fintech corporate headquarters and providing significant operating markets such as Singapore, the UK, the US, Mexico and India for the global growth of the fintech industry.
Credit Agricole Acquires 7% Stake in Worldline
Credit Agricole announces a minority stake acquisition in Worldline expanding on their exclusive strategic long-term partnership.
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