ECB Cuts Interest Rates
The European Central Bank on Thursday, January 30, decided on another interest rates cut, which was the fifth since June.
News - page 39
Euro-Area Fails to Grow
At the end of 2024, the process of implementing a stagnation scenario suddenly began in the eurozone economic system.
German Economy Shrinks
The German economic system continues to face difficulties, and the dynamic of growth is not a reality for it, as evidenced by the fact that in the fourth quarter of 2024, the gross domestic product (GDP) of this country decreased by 0.2% compared to the previous three-month period of last year.
US Economy Slows
In the last three months of 2024, the upward dynamic of the United States economic system began to show a slowdown, but still, growth in this case was a steady process, and not a kind of symbolic alternation of ups and downs, forming a situation of sharp manifestations of multidirectional phenomena.
India Joins GenAI Race
India is planning a GenAI project tailored to the nation’s unique cultural and linguistic diversity.
PaySpace Magazine Tops FeedSpot’s Ranking of Best Payment Magazines
PaySpace Magazine topped the ranking of the best payment magazines compiled by FeedSpot.
Trump Media Plunges Into DeFi
Trump Media and Technology Group launches a fintech brand Truth.Fi aligned with the broader DeFi ecosystem through its planned investments in Bitcoin and other digital assets.
ServiceNow Expands Visa Alliance
ServiceNow, a cloud-based platform that automates organisational processes, expands its five-year strategic alliance with Visa to transform payment services, adding dispute management tools to the service package.
Amphitrite Optimizes Maritime Shipping and Ocean Cleanup With AI and NVIDIA Earth-2
Amphitrite, a French startup powered by NVIDIA technology, helps ships reduce travel time, fuel use, and emissions by predicting ocean currents and simulating different weather conditions.
Meta Reports Its Financial Results
On Wednesday, January 29, in after-hours trading Meta’s shares demonstrated slight growth against the background of the fact that this technology giant published its earnings for the fourth quarter of 2024 and the whole of last year.
IBM Shares Increase on Earnings Beat
IBM on Wednesday, January 29, released information about its earnings for the fourth quarter of 2024, which exceeded Wall Street’s preliminary expectations.
Microsoft Reports Earnings
On Wednesday, January 29, during the extended trading, the value of Microsoft shares fell by as much as 5% after the technology giant released its results for the second fiscal quarter, which showed the growth of Azure cloud computing services below preliminary expectations.
Donald Trump Accuses Fed of Creating Inflation
President of the United States Donald Trump on Wednesday, January 29, slammed Federal Reserve Chairman Jerome Powell and the US central bank for failing to stop the problem they created with inflation.
Fed Holds Interest Rates Steady
The Federal Reserve system on Wednesday, January 29, decided to keep its key interest rate at the same level.
Alibaba Releases New Version of Its AI Model
Chinese technology company Alibaba on Wednesday, January 29, released a new version of its artificial intelligence model Qwen 2.5.
Porter Airlines, BMO & Mastercard Unveil New Credit Card to Boost Travel Rewards for Canadians
Canadian customers of Porter Airlines will soon benefit from enhanced travel rewards via the new BMO VIPorter Mastercard service suite.
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