Explained - page 17

Bank Insiders Leaks Data on Client Accounts
Finance & Economics

Bank Insiders Leaks Data on Client Accounts

Toronto-Dominion Bank expected that the new employee would increase the efficiency of this financial institution in detecting cases of money laundering from the outpost in New York, but the final result turned out to be another example of how optimistic hopes do not match the pessimistic reality.

Goodman Group Shines Among Australian Property Companies
Finance & Economics

Goodman Group Shines Among Australian Property Companies

Goodman Group’s shares have been on an upward trajectory over the current year, performing better than other similar companies in the Australian real estate area, as the so-called artificial intelligence boom has triggered a high-intensity increase in demand for data centers.

Experts Predict China’s December Manufacturing Activity to Expand
Finance & Economics

Experts Predict China’s December Manufacturing Activity to Expand

Experts interviewed by the media are of the opinion that factory activity in China was probably on an upward trajectory in the current month, generating hopes and reasons to be optimistic about the prospects of the future for local officials, who are making efforts to stabilize the situation in the economic system of this Asian […]

South Korea Factory Output Falls
Finance & Economics

South Korea Factory Output Falls

In South Korea, factory output in November showed a decline at a rate that exceeded preliminary expectations regarding the intensity of the relevant process.

Siemens Reviews Healthineers Majority Stake
Finance & Economics

Siemens Reviews Healthineers Majority Stake

Siemens AG is currently reviewing its majority stake in the medical technology subsidiary of Siemens Healthineers.

Japan’s Factory Activity Shrinks
Finance & Economics

Japan’s Factory Activity Shrinks

In Japan, factory activity remained in the zone of a decrease in December, but at the same time, the pace of the corresponding process slowed down.

Ransomware Transforms to Billion-Dollar Industry
Science & Technology

Ransomware Transforms to Billion-Dollar Industry

Ransomware is currently what can be called an industry since the financial volume of the relevant space for illegal activities in a virtual environment already amounts to billions of dollars.

Nidec Makes $1.6 Billion Unsolicited Bid for Makino
Finance & Economics

Nidec Makes $1.6 Billion Unsolicited Bid for Makino

Nidec Corp. offers 257.3 billion yen ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company.

Foxconn Invests in AI Data Center Firm
Science & Technology

Foxconn Invests in AI Data Center Firm

Foxconn, a giant in the global electronics manufacturing sector, is partnering with Zettabyte, a company specializing in artificial intelligence infrastructure.

HomeStreet Agrees to Sell $990 Million in Loans to Bank of America
Finance & Economics

HomeStreet Agrees to Sell $990 Million in Loans to Bank of America

The parent company of HomeStreet Bank, which is based in Seattle, has agreed to sell to Bank of America loans for a multifamily commercial property worth $990 million.

US Airlines Say Goodbye to Difficult Year
Finance & Economics

US Airlines Say Goodbye to Difficult Year

The current year turned out to be a busy period in terms of the number of events that occurred in the United States aviation sector, but the string of news from the relevant sphere activities was clearly not unambiguously positive and contained a lot of negative information that has sensitive consequences for companies in the […]

China Revises Up 2023 GDP
Finance & Economics

China Revises Up 2023 GDP

On Thursday, December 26, China revised upward the size of its economy by 2.7%.

US Weekly Jobless Claims Demonstrate Decline
Finance & Economics

US Weekly Jobless Claims Demonstrate Decline

Last week in the United States, the number of locals applying for jobless benefits decreased to the lowest level in the current month.

TSMC Shares Reach Record High
Science & Technology

TSMC Shares Reach Record High

The value of shares of Taiwan Semiconductor Manufacturing Co. (TSMC) has reached an all-time high, as this contract manufacturer of chips, being the largest in the world, is ready to demonstrate the best financial performance of its activities over the past 25 years.

Taiwan Blocks Uber’s $950 Million Foodpanda Deal
Finance & Economics

Taiwan Blocks Uber’s $950 Million Foodpanda Deal

Taiwan has blocked Uber Technologies’ purchase of Delivery Hero’s Foodpanda business on the island.

Japan’s Budget to Hit Record
Finance & Economics

Japan’s Budget to Hit Record

The Japanese government is set to compile a record $735 billion budget for the fiscal year from April due to increased social security and debt-servicing costs, adding to the industrial world’s heaviest debt.