Indonesia Reportedly Wants Apple to Increase Investments in Country
Indonesian state media reported that the government of that country currently expects Apple to increase local investment.
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Intuit Adds AI-Powered Financial Assistant to QuickBooks
Intuit has added a virtual financial assistant powered by artificial intelligence to QuickBooks.
Lightning AI Raises $50 Million
The artificial intelligence development platform Lightning AI was able to raise equity investments worth $50 million.
US Bank and One Inc to Accelerate Instant Insurance Payments
Insurance industry payments network One Inc has launched a partnership with US Bank.
Mastercard and Fundbot to Speed B2B Payment Flows
Mastercard will implement partnerships with Fundbot, a fintech company based in the United Arab Emirates that finances supply chains.
US Business Activity Gauge Demonstrates Growth
In the United States, in November, the measure of business activity reached a mark corresponding to a 31-month high.
Amazon to Invest Another $4 Billion in Anthropic
Amazon on Friday, November 22, announced that it will invest an additional $4 billion in Anthropic, a startup operating in the space of the artificial intelligence industry.
China Announces Policy Measures to Boost Trade
The ministry of commerce of China on Thursday, November 21, announced policy measures aimed at stimulating the foreign trade activities of this Asian country.
ECB Representatives Say About Prospects of Cutting Interest Rates
European Central Bank (ECB) Governing Council member Yannis Stournaras on Thursday, November 21, during a conversation with media representatives, said that this financial regulator should decide on cutting interest rates at each regular meeting on monetary policy issues until the cost of borrowing is fixed at such a mark, which will neither restrict nor stimulate […]
Argentex Expands to UAE
Argentex innovative currency risk management and payment solutions are now available in the UAE
Canadian Holiday Sales to Increase 2.2% This Season
Mastercard SpendingPulse reveals encouraging signs for Canadian holiday retail sales, with several factors enhancing consumers’ purchasing power.
Robinhood to Acquire TradePMR Portfolio Management Platform
Robinhood acquisition of TradePMR will help it offer better investment advisory services by integrating a well-established platform that serves around 350 firms and manages over $40 billion in assets.
Over Half of U.S. Consumers to Tap Credit for Holiday Shopping
The impact of rising costs and limited budgets is evident in consumer sentiment in the U.S. this holiday season, as about 68% are worried about affording gifts and more than half will be forced to use credit solutions for holiday shopping.
Nvidia Reports Earnings
Nvidia on Wednesday, November 20, released information about its earnings for the quarter ended October 27.
Fed’s Michelle Bowman Calls for Cautious Approach on Interest Rates
Federal Reserve Governor Michelle Bowman, one of the most hawkish policymakers of the central bank of the United States, on Wednesday, November 20, called for a more cautious approach in the context of actions on cutting interest rates, noting that the dynamic of inflation still contains reasons for concern, and the labor market is strong.
Goldman Sachs CEO Sees Robust Capital Markets Next Year
Goldman Sachs chief executive officer David Solomon expects capital markets to be more robust next year.
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