Explained - page 16

Science & Technology

Donald Trump Announces $20 Billion Plan to Build New Data Centers

President-elect Donald Trump, who will return to the White House this month, announced that Hussain Sajwani, the Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in building data centers across the United States.

News

US Trade Deficit Increases

In November, an increase in the trade deficit was recorded in the United States.

News

UK’s Long-Term Borrowing Costs Demonstrate Growth

On Tuesday, January 7, in the United Kingdom, the cost of borrowing showed an increase after the auction of 30-year Treasury gilts brought yields on the long-term bonds reached the highest level in almost three decades.

Science & Technology

Dell Unveils Apple-Like Rebrand

Dell Technologies Inc. is rebranding its personal computers in a manner reminiscent of Apple Inc. naming conventions in an effort to boost consumer demand.

News

UK Companies Plan Price Rises

The results of a survey by the British Chambers of Commerce showed that companies in the United Kingdom are currently planning to raise prices to cover higher tax payouts as business confidence has fallen to its lowest level since the fall of 2022 when the market was faced with a shock factor such as a […]

Finance & Economics

Wall Street Reportedly Prepares to Private Equity-Fueled IPO Revival

The media reported that Wall Street banks are currently preparing for a rebound related to private equity companies turning to the equities markets to offload some of their high-profile holdings.

Science & Technology

Global Chip Stocks Demonstrate Increase

Global semiconductor stocks on Monday, January 6, demonstrated growth after contract electronics giant Foxconn announced record fourth-quarter revenue, a testament that the so-called artificial intelligence boom has room to run.

Finance & Economics

German Inflation Demonstrates Growth

In Germany, inflation showed an increase in December which turned out to be higher compared to the initial expectations regarding the intensity of the dynamic of this indicator.

News

Fintechs Ramp Up Advertising Spending

Advertising has long ceased to be something unusual as a kind of social and, at the same time, in a sense, an economic phenomenon from the point of view of its own existence as a factor impacting the commercial performance of individual industries and brands, which means that people are accustomed to the fact that […]

News

Shipments to China of Foreign-Branded Smartphones Decline

Shipments to China of smartphones from foreign brands in November fell by 47.4% compared with a year ago, according to data published in the current week by the research company affiliated with the government of the Asian country.

Science & Technology

China Proposes New Export Curbs on EV Technology

China is currently considering restricting exports of technologies used for extracting minerals, which are critical to the growth of the global electric vehicle industry.

News

DOT Fines JetBlue

The United States Department of Transportation has penalized JetBlue Airways for $2 million for flight delays.

Finance & Economics

Joe Biden Blocks Sale of U.S. Steel to Japan’s Nippon Steel

President of the United States Joe Biden on Friday, January 3, officially blocked Nippon Steel’s proposed purchase of U.S. Steel in the framework of the deal worth $14.9 million.

News

Infinant Raises $15 Million

Infinant raised $15 million in a Series A financing round.

Finance & Economics

Singapore’s Economic Growth Surpasses Estimates

Singapore has reported economic growth in the last three months of 2024, the pace of which exceeded preliminary expectations regarding the intensity of the dynamic of this indicator.

Science & Technology

Silicon Valley Stifles AI Doom Movement

Over the past few years, some experts in the technology area, with varying degrees of anxiety contained in their statements and assumptions, have been warning that advanced artificial intelligence systems could become a threat to humanity, but these are just hypothetical scenarios, the potential implementation of which does not exactly belong to the category of […]