Clara Reportedly Launches Cross-Border Payments in Mexico
The media reported that the fintech company Clara in Mexico began to provide local consumers services for making cross-border payment transactions.
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Canadian Prime Minister Criticizes Facebook for Blocking News
Canadian Prime Minister Justin Trudeau has criticized Facebook negatively, saying that this virtual platform has a system of priorities in which corporate profits are much more valuable compared to the safety of people.
Microchip Giant Arm Files for IPO
Arm Holdings, which is part of the ownership structure of SoftBank Group, has taken the first step toward initial public offerings of shares.
China Fines US Firm Mintz Group
China has fined the American company Mintz Group, which specializes in corporate legal expertise.
S&P Global Ratings Downgrades Five Regional US Banks
S&P Global Ratings has revised down the ratings of five regional banks in the United States.
MiCA: Is This Crypto Regulation Needed?
29 June, 2023 — MiCA, the ‘exhaustive’ regulatory framework erected around the crypto industry within the EU came into effect. Its purpose? To “regulate something that’s borderless, open-source, decentralised and constantly evolving”. Innovation regulation does not purport great expectations, is MiCA any different? Are innovative and autonomous financial instruments supported by the voting outcome of […]
Meta Reportedly to Launch Web Version of Threads
The media reports that Meta is currently working on creating a web version of Threads, a virtual platform competing with Twitter.
Huawei Improves Railway With AI
Huawei Pangu Railway Model leverages AI to automate railway fault-identification processes
Tourism to Become $15.5 Trillion Industry by 2033
The volume of the travel industry by 2033 may reach a significant landmark of $15.5 trillion.
Citigroup CEO Reportedly Weighs Plan to Break Up Corporation’s Biggest Unit
The media reports that currently, the chief executive officer of Citigroup Jane Fraser is considering the possibility of creating a plan to break up the largest unit of this corporation as part of a restructuring strategy.
UK Promotes Cyber Skills With Free School Training
UK government encourages schools to take advantage of free resources to help secondary school children boost cyber skills and pursue careers in the field later in life
Amazon Launches In-House Shipping Service After Hiatus
Amazon announced the resumption of the process of functioning of the shipping service, which was suspended during the coronavirus pandemic.
Central Bank of Colombia Backs Partial Restrictions on Use of CBDC
Last week, the central bank of Colombia released a report suggesting that limiting CBDC with a high degree of probability may be the right strategy for a financial institution.
Infor Nexus and DBS Bank to Offer New Pre-Shipment Financing Solution for Businesses in India
Infor Nexus Supply Chain Network and DBS Bank reported on collaboration to create a pre-shipment financing solution for small and medium-sized businesses in India.
China Aims to Expand Government Control To Metaverse
China is reportedly looking to implement a system with digital IDs and real-world punishments for actions in the Metaverse
Net Zero Challenge Launches in Vietnam
Touchstone Partners and Temasek Foundation have launched a climate technology innovations competition for startups in Vietnam
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