US Manufacturing Demonstrates Decline
In October, the United States recorded a decrease in the level of manufacturing activity to a reading that is a 15-month low.
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US Unemployment Rate Demonstrates Resilience
In the United States, job growth almost stalled last month.
Amazon Reports Q3 Earnings
Amazon on last Thursday, October 31, released information about its earnings in the third quarter of the current year, which exceeded analysts’ preliminary expectations in large part due to the growth of the company’s business in the areas of cloud computing and advertising.
South Korean Export Growth Slows
In South Korea, a slowdown in the export dynamic was recorded last month.
Colombia Cuts Key Rate
The central bank of Colombia has ignored calls to intensify the process of cutting interest rates.
Microsoft Reports Earnings
Microsoft last Wednesday, October 30, released information about its earnings for the first fiscal quarter.
OpenAI Launches ChatGPT Search
OpenAI on Thursday, October 31, launched a search feature in its chatbot called ChatGPT.
Key Fed Inflation Rate Hits 2.1%
In the United States, inflation showed moderate growth in September and approached the Federal Reserve’s target of 2%.
Airwallex Reportedly Plans to Raise $200 Million
Media reports indicate that Airwallex, a payments platform, is currently in talks to raise $200 million in investment funds.
Siemens to Buy Altair
Siemens will buy Altair Engineering, a company specializing in software development.
Euro-Area Economy Growth Beats Expectations
In the eurozone, economic growth was recorded in the third quarter of the current year, the pace of which exceeded preliminary expectations for the dynamic of the corresponding indicator.
US Economy Demonstrates Solid Growth
In the third quarter of the current year, the United States economy maintained strong growth rates.
AMD Reports Quarterly Revenue
Advanced Micro Devices (AMD) on Tuesday, October 29, released information about its earnings for the quarter ended September 28, 2024.
Alphabet Reports Earnings
Alphabet, the parent company of Google, has published information about its earnings for the third quarter of the current year.
Morgan Stanley CEO Says About End of Era of Zero Interest Rates and Inflation
Morgan Stanley chief executive officer Ted Pick on Tuesday, October 29, during a speech at a panel of finance CEOs in Riyadh, Saudi Arabia, said that the days of easy money and zero interest rates are firmly in the past.
Citi Launches Integrated Digital Bill Discounting Solution
Citi has launched an integrated digital bill discounting solution, which, as stated by this financial institution, will help customers monetize accounts receivable in less than an hour.
