News - page 67

Finance & Economics

PNC Bank Increases Investment in New Branch Locations

PNC Bank has increased the number of new branch locations and renovations that this financial institution intends to complete over the next five years.

Fintech & Ecommerce

GenWise Teams Up With Axis Bank to Bring UPI Payments to Senior Citizens in India

GenWise aims to empower India’s elderly population with the speed and convenience of UPI digital payments in its app-based online club for senior citizens.

Finance & Economics

China Announces $1.4 Trillion Debt Package

China on Friday, November 8, announced a five-year package of measures totaling 10 trillion yuan ($1.4 trillion), designed to solve the debt problems of local governments.

Science & Technology

Tesla Hits $1 Trillion Market Value

Tesla’s market capitalization indicator on Friday, November 8, breached the $1 trillion mark amid a sharp increase in the value of the company’s shares, which is due to the fact that its chief executive officer Elon Musk supported Donald Trump, who became the winner of the United States presidential election.

Fintech & Ecommerce

Ecobank & Nium to Unlock Real-Time Cross-Border Payments for African Markets

Collaboration with Nium will allow Ecobank’s 32 million customers to access faster and more efficient international transactions without complex integrations.

Fintech & Ecommerce

Share Energy Customers Can Top Up Energy Bills at PayPoint

Northern Ireland electricity supplier Share Energy partnered with PayPoint – a business offering a system for paying energy bills at local convenience stores.

Fintech & Ecommerce

UK Fintech Firm Wise Posts Jump in Profit

The United Kingdom-based fintech company Wise, which specializes in providing digital payment services to consumers, reported profit growth in the first half of the 2025 fiscal year.

Fintech & Ecommerce

Rohlik Partners With Amazon in Germany

Czech Republic-based online grocer Rohlik Group will partner with Amazon for e-grocery services in Germany.

Science & Technology

Arm Reports Earnings Forecast

Chip developer Arm Holdings last Wednesday, November 6, released a forecast for its revenue in line with Wall Street targets, against which the value of the brand’s shares fell by 4.5%.

Science & Technology

Qualcomm Reports Earnings

Qualcomm last Wednesday, November 6, released data on its earnings for the last quarter.

Finance & Economics

Fed Cuts Interest Rates Again

The Federal Reserve System on Thursday, November 7, decided to cut interest rates for the second time in the current year.

Finance & Economics

China’s Exports Demonstrate Growth

In October, Chinese exports showed growth rates, which turned out to be the most intense in more than two years.

Science & Technology

Amazon to Invest $1.3 Billion in Italy

Amazon’s computing unit AWS on Thursday, November 7, announced its intention to invest 1.2 billion euros ($1.3 billion) in Italy over the next five years as part of efforts to expand its data center business in the country.

Fintech & Ecommerce

Mastercard Allies With Buna Cross-Border Arab Payment System

Mastercard has joined Buna, the Arab Regional Payment System, to enable faster, more affordable cross-border payments in and out of the MENA region.

Science & Technology

Prime Video’s X-Ray Recaps Use GenAI to Sum Up TV Shows

Amazon Prime Video’s new X-Ray Recaps feature uses GenAI to help viewers catch up on key plot points of their favourite shows without rewinding or risking spoilers.

Blockchain & Crypto

Bitcoin Reaches Record High of $75K Fueled by US Election

Bitcoin has hit an all-time high of $75,800, as the outcome of the US election gave crypto enthusiasts hope for legal clarity and government-backed promotion.