News - page 90

Science & Technology

Foxconn Launches iPhone 15 Production in India

Foxconn Launches iPhone 15 Production in India.

Blockchain & Crypto

Binance’s Paytech Arm Binance Connect Shuts Down

Binance Connect (former Bifinity) has been functioning for about a year before the company decided to shut down its operations: what are the reasons for such a decision?

Science & Technology

Intel Abandons Its Attempt to Acquire Tower Semiconductor

Intel Corporation announced the termination of attempts to acquire the Israeli company Tower Semiconductor.

Finance & Economics

JPMorgan Сhanges Default Forecast for Emerging Markets

JPMorgan has made changes to the forecast for high-yield corporate default in global emerging markets, increasing the level of probability of this scenario.

Finance & Economics

US Retail Spending Shows Growth

American retail chains reported that by the end of July, an increase in consumer spending in this trading sector was recorded.

Finance & Economics

El Salvador’s Dollar Bond Yields 70% Annual Return

El Salvador’s bond market has witnessed a strong rebound, despite the scepticism about the government’s decision to adopt Bitcoin as legal tender

Finance & Economics

Fitch Warns of Possible Downgrade of Dozens of Banks

An analyst at Fitch Ratings warned that the US banking sector is currently on the way to a new downgrade, which could potentially affect dozens of lenders, including industry giants such as JPMorgan Chase.

Fintech & Ecommerce

Matera to Boost Instant Payments With AI via Cinnecta Acquisition

Matera acquired Cinnecta for an undisclosed amount to enhance its instant payments and QR-code payments solutions with AI capabilities

Fintech & Ecommerce

Monos CEO Says About Impact of Inflation on Costs of D2C Buyers

Victor Tam, CEO of Monos, a company that creates premium travel products, said that during the difficult macroeconomic situation, which so far shows no signs of improvement in the foreseeable future, many consumers refuse to make large purchases in the e-commerce space, preferring shopping during holiday sales.

Finance & Economics

Brazilian Digital Bank Inter Reports Record Profit

The Brazilian digital bank Inter has published a report on the financial results of this virtual lender in the second quarter of this year.

Fintech & Ecommerce

Expert Says Banks Need Data Providers

Charles Zhu, Enigma’s vice president of products, said during a conversation with the media that the Know Your Business (KYB) requirements can become a heavy burden for financial institutions that form the internal process of meeting the criteria.

Finance & Economics

UBS to Pay Over $1 Billion to Settle Fraud Claims

It became known that the Swiss bank UBS agreed to pay $ 1.4 billion as part of the settlement of claims of involvement in fraudulent activities in the United States, which became a kind of premise of the financial crisis that broke out in 2008.

Society & Lifestyle

Netflix Tests Its Games on TVs and Computers

Netflix on Monday, August 14, announced the start of testing its video games on more devices, including televisions and computers, in addition to smartphones on which games are already running.

Society & Lifestyle

Google’s Ad Revenue Model Faces Challenges in India

The Delhi High Court ruled that Google’s advertising program falls within the legal scope of the Indian Trademark Law.

Fintech & Ecommerce

Brex Spend Platform Expands to Enable Corporate Event Management

Brex, a global spend platform, launched a group events feature within its Brex travel solution that enables businesses to create and manage corporate events for employees.

Blockchain & Crypto

Coinbase Launches Stand With Crypto Alliance

The crypto exchange Coinbase has launched Stand with Crypto initiative that unites global crypto advocates