Explained - page 2

News

China’s Economy Demonstrates Growth

In the first quarter of the current year, China’s economy showed growth that exceeded preliminary expectations, turning out to be a steady process, mainly as a result of the positive state of affairs in the high-tech segment of the manufacturing sector.

News

Adobe Releases Acrobat AI Assistant

Adobe released its artificial intelligence-based digital assistant on Monday, April 15.

Science & Technology

Salesforce Reportedly Considers Acquiring Informatica

The media reports that Salesforce is currently in active negotiations to acquire data management software provider Informatica.

News

Cisco’s AI Chief Says Technologies to Enhance Workplace Productivity

Artificial intelligence, which has already been called by many experts as the main driving force of progress and global development at the current historical stage of human civilization existence, can change the state of affairs in the labor sector and significantly transform the commercial environment in terms of aspects such as productivity, efficiency and quality […]

Science & Technology

Elon Musk Predicts AI to Surpass Human Intelligence

Elon Musk, in an interview on X with Norges Bank CEO Nicolai Tangen, stated that artificial intelligence is already on the verge of surpassing the capabilities of the human mind.

Finance & Economics

Official Says About Impact of China’s Policy to Boost Demand

China’s new political strategy, which is aimed at stimulating domestic demand in this Asian country, will become a significant factor in impacting the growth of the local economy in the foreseeable future.

Finance & Economics

UK Economy Demonstrates Growth

In the United Kingdom, gross domestic product (GDP) showed an increase of 0.1% in February compared with the result for January.

News

Key US Price Gauge Exceeds Forecasts

A key US price gauge has exceeded forecasts for rent and transportation costs growth.

News

Fitch Downgrades China’s Outlook

Last Tuesday, April 9, Fitch downgraded the outlook on China’s credit rating, explaining the corresponding decision by the fact that currently, this Asian country is facing such negative circumstances as growing financial risks that have arisen against the background of significant problems in the local economic system.

News

Intel Unveils Latest AI Chip

Intel on Tuesday, April 9, presented its newest artificial intelligence chip called Gaudi 3.

News

China’s Premier Li Qiang Assembles Economic Experts to Discuss Current Challenges

Last Monday, April 8, Chinese Prime Minister Li Qiang held a meeting with economic experts and representatives of the business community.

News

Global Companies With China Units Choose Cheaper Renminbi Funding

Global companies that have business in China are increasingly issuing debt obligations in renminbi to finance activities in the Asian country, as for the first time in six years such a solution has become more cost-effective compared to the practice of raising funds in US dollars.

News

Moody’s Expert Warns About Threat to US Economy

Currently, the United States economic system is on a growth trajectory, being backed by favorable circumstances such as high consumer spending and a positive labor market situation, but this does not mean that there are no risks to the positive dynamic nowadays.

News

TSMC Wins $6.6 Billion Subsidy for Arizona Chip Production

The US Commerce Department on Monday, April 8, announced that it would award the local unit Taiwan Semiconductor Manufacturing Co (TSMC) a $6.6 billion subsidy.

Finance & Economics

US Job Growth Blows Past Expectations

In the United States, employers hired many more workers last month than initially expected and continued to steadily raise salaries.

News

Swiss Inflation Slows

An unexpected decrease in the inflation rate was recorded in Switzerland.