News - page 38

Science & Technology

US Tightens Its Grip on AI Chip Shipments

Last Monday, January 13, the United States government announced the continuation of its efforts to expand restrictions on the export of artificial intelligence chips and technologies.

Science & Technology

Chainalysis Acquires Alterya

Blockchain data platform Chainalysis acquired Alterya, an artificial intelligence-powered fraud detection solution that works with cryptocurrency exchanges and fintech companies to identify fraudsters and protect end users of firms from authorized swindle.

Finance & Economics

JPMorgan Chase Reportedly Eyes Commercial Banking Expansion in Germany

The media on Tuesday, January 14, published information according to which JPMorgan Chase has plans related to the expansion of its presence in Germany.

Finance & Economics

Apollo to Buy Argo Infrastructure

Apollo Global Management Inc. has agreed to buy Argo Infrastructure Partners in a cash and stock deal that will add about $6 billion to the company’s assets.

Finance & Economics

China’s Central Bank Makes It Easier for Companies to Borrow More Foreign Debt

The People’s Bank of China has strengthened the defense of the yuan and the domestic foreign exchange market.

Finance & Economics

China’s Central Bank Chief Says About Confidence in 2025 Economic Rebound

The Chinese authorities are convinced that the Asian country has the capacity and tools sufficient to ensure the recovery and growth of its economy this year.

Finance & Economics

China’s Trade Surplus Reaches Record

China, on Monday, January 13, announced that its trade surplus in 2024 reached almost $1 trillion.

Fintech & Ecommerce

Trading Platform Groww Considers 2025 IPO

India’s largest retail stock trading platform Groww is eyeing an initial public offering (IPO) this year.

Science & Technology

HPE Reportedly Wins $1 Billion AI Server Deal

Hewlett Packard Enterprise Co. won a deal worth more than $1 billion to provide servers optimized for artificial intelligence, to social media platform X, owned by Elon Musk.

Science & Technology

TSMC Posts Revenue

Taiwan Semiconductor Manufacturing Co. (TSMC) has released information on its revenue for the quarter ended in December.

Finance & Economics

US Plans to Ban on Chinese Connected Vehicles

The administration of the President of the United States Joe Biden plans to finalize rules next week aimed at cracking down on Chinese vehicle software and hardware.

Finance & Economics

Goldman Sachs Estimates Likely Impact of Donald Trump’s Tariffs on China

Goldman Sachs chief economist Jan Hatzius said last Thursday, January 9, during a speech at the Atlantic Council in Washington, that despite the election promise of Donald Trump, who will return to the White House this month, to impose 60% tariffs on absolutely all goods imported from China, in reality, the US president-elect is likely […]

Finance & Economics

China’s Aviation Sector Reports Profit

In China, the local civil aviation sector has reported making a profit.

Finance & Economics

China’s Central Bank Halts Bond Buying

The People’s Bank of China on Friday, January 10, announced that it had suspended the purchase of treasury bonds, against which a jump in yields was recorded and rumors began to actively circulate that this decision by the Asian country’s financial regulator was aimed at protecting the yuan, which is currently on a trajectory of […]

Finance & Economics

US Job Growth Beats Expectations

In the United States, an unexpected acceleration in job growth was recorded in December.

Finance & Economics

Bank of America Bonuses for Investment Bankers Reportedly to Rise About 10%

Bank of America’s bonus pool for investment bankers is likely to increase by 10% for last year.