A sharp slowdown in the pace of the dynamic of the growth in the labor market in the United States has provoked rumors that the Federal Reserve may begin to soften its monetary policy strategy, providing for cutting interest rates, even before its September policy meeting.
Shipping giant Maersk, which has the status of a kind of barometer of the state of affairs in the world trade system, is convinced that currently there are no signs of a recession scenario in the global economy since the level of demand for services related to freight transportation continues to remain at high levels.
US crypto company BitGo can now expand its operations in Singapore with regulated digital payment token services.
Apple may begin to implement the practice of charging its users up to $20 for using advanced artificial intelligence features.
The media reports that Klarna is currently assessing the interest of investors in buying existing shares of the company on the secondary market.
JPMorgan Chase & Co. chief executive officer Jamie Dimon said he was skeptical about the prospects that the inflation rate in the United States would return to the Federal Reserve’s 2% target.
SoftBank Group Corporation announced a share buyback worth up to 500 billion yen ($3.4 billion).
Amazon has unveiled a new version of its own image generation model, the Titan Image Generator.
In July, China recorded an increase in imports, which exceeded preliminary expectations for the dynamic of this indicator, while the pace of export activity turned out to be less optimistic compared to forecasts.
The startup Riverlane, which specializes in the development of semiconductors to reduce errors in quantum computing, announced that it managed to raise $75 million in the latest funding round.
South Korean SK Hynix Inc. is set to receive initial grants for $ 450 million and loans for $500 million for the implementation of a project to build an advanced chip packaging plant and a research facility in the US state of Indiana.
Digital bank Monzo, which is based in the United Kingdom, reported that the number of its customer base exceeded the 10 million mark.
Morningstar DBRS analysts warn that a prolonged downturn in the market after a global sell-off could become what they called a self-fulfilling prophecy.
On Tuesday, August 6, in Japan, local stock indexes showed significant growth, partially offsetting the drop a day earlier that became a historical negative record.
Rohit Dhawan was appointed by Lloyds Banking Group as Director of AI (artificial intelligence) at the Group’s new AI Centre of Excellence, bringing together experts in Data Science, Behavioral Science, ML Engineering, Advanced Analytics and AI Ethics.
French startup Next Generation partners with an Irish financial institution Decta to restore the euro-pegged stablecoin, EURT, project after a seven-year suspension.
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