Explained - page 21

US Finalizes Chips Manufacturing Award for Intel
Science & Technology

US Finalizes Chips Manufacturing Award for Intel

On Tuesday, November 26, the US Commerce Department said it was finalizing a $7.86 billion government subsidy for Intel.

WEX Launches AI-Powered Enhancements to Benefits Admin Tool
Science & Technology

WEX Launches AI-Powered Enhancements to Benefits Admin Tool

Commerce platform WEX has launched new artificial intelligence enhancements to its benefits administration offering.

Donald Trump Vows Tariffs on China, Mexico, Canada Over Border
Finance & Economics

Donald Trump Vows Tariffs on China, Mexico, Canada Over Border

Donald Trump, who won the United States presidential election this month, said he would impose additional tariffs of 10% on goods imported from China and 25% tariffs on products shipped from Mexico and Canada.

UniCredit Offers to Buy Banco BPM
Finance & Economics

UniCredit Offers to Buy Banco BPM

On Monday, November 25, Italian UniCredit announced an unexpected 10 billion euros ($11 billion) bid for domestic peer Banco BPM.

Intuit Adds AI-Powered Financial Assistant to QuickBooks
Fintech & Ecommerce

Intuit Adds AI-Powered Financial Assistant to QuickBooks

Intuit has added a virtual financial assistant powered by artificial intelligence to QuickBooks.

US Business Activity Gauge Demonstrates Growth
Finance & Economics

US Business Activity Gauge Demonstrates Growth

In the United States, in November, the measure of business activity reached a mark corresponding to a 31-month high.

China Announces Policy Measures to Boost Trade
Finance & Economics

China Announces Policy Measures to Boost Trade

The ministry of commerce of China on Thursday, November 21, announced policy measures aimed at stimulating the foreign trade activities of this Asian country.

Nvidia Reports Earnings
Science & Technology

Nvidia Reports Earnings

Nvidia on Wednesday, November 20, released information about its earnings for the quarter ended October 27.

Goldman Sachs CEO Sees Robust Capital Markets Next Year
Finance & Economics

Goldman Sachs CEO Sees Robust Capital Markets Next Year

Goldman Sachs chief executive officer David Solomon expects capital markets to be more robust next year.

KPMG Launches AI Partnership With Google Cloud
Science & Technology

KPMG Launches AI Partnership With Google Cloud

KPMG will spend $100 million on its enterprise services in the artificial intelligence area over the next four years.

BioCatch Launches Financial Crime Intelligence Network
Science & Technology

BioCatch Launches Financial Crime Intelligence Network

BioCatch, which specializes in developing fraud prevention solutions, announced the launch of what it described as the world’s first interbank network for the sharing of information on financial crimes.

Payhawk Collaborates With JPMorgan Payments
Fintech & Ecommerce

Payhawk Collaborates With JPMorgan Payments

Payhawk, a company specializing in functional solutions for expense management, has started cooperating with JPMorgan Payments.

New Nvidia AI Chips Reportedly Overheat in Servers
Science & Technology

New Nvidia AI Chips Reportedly Overheat in Servers

Media reports that Nvidia’s new Blackwell AI chips have encountered problems with accompanying servers that overheat.

Nomura Expects Fed to Pause Rate-Cut Cycle
Finance & Economics

Nomura Expects Fed to Pause Rate-Cut Cycle

Experts at the Japanese financial company Nomura expect that the Federal Reserve will not decide on cutting interest rates at its monetary policy meeting next month.

QR Codes Take 20% of All Online Scams
Science & Technology

QR Codes Take 20% of All Online Scams

QR codes have recently become one of the most common tools for committing crimes among scammers who operate in the virtual space.

Discover and Telered Partner to Improve Payment Experience in Panama
Fintech & Ecommerce

Discover and Telered Partner to Improve Payment Experience in Panama

Discover Financial Services and Telered, the main operator of electronic transactions and payment methods in Panama, have entered into a partnership aimed at improving the quality of payment operations for residents of the mentioned country, local merchants, and visitors.