US Inflation Rate Tops Expectations
In September, in the United States, the rate of price growth demonstrated a level that exceeded preliminary expectations for the dynamic of the corresponding indicator.
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Mercury Secures $100 Million Credit Warehouse
Fintech company Mercury secured a credit warehouse with Natixis Corporate & Investment Banking for $100 million.
Hurricane Milton Reportedly to Cause Significant Economic Damage
Leading Wall Street analysts argue that Hurricane Milton, which bears down once a century, can cause more than $50 billion in material damage, under a scenario that can be conditionally characterized as moderate, but in the case of a more negative configuration of the situation associated with a natural disaster, the mentioned indicator may grow […]
European Investment Bank Seeks to Provide Greater Support to Startups
The European Investment Bank said on Monday, October 7, that the finance ministers of the European Union countries welcomed its Action Plan to deepen regional capital markets and provide more support to startups.
US Big Banks Lending Income Reportedly to Hit Two-Year Low
The media reports that new reports on the performance of the largest banks in the United States will contain data according to which these lenders have received income from lending which is the lowest for the last two years.
Samsung Reportedly to Fix Growth of Profit
Samsung Electronics is expected to release data on Tuesday, October 8, according to which its profit more than quadrupled last quarter amid increased demand for chips.
Foxconn’s Revenue Beats Estimates
Revenue of Foxconn, the world’s largest contract electronics manufacturer based in Taiwan, was the highest ever in the third quarter of the current year.
TrueLayer Raises $50 Million
TrueLayer raised $50 million as part of its $130 million Series E funding round.
Ubisoft Shares Demonstrate Growth
The value of shares of Ubisoft, the maker of video games, on Friday, October 4, showed an increase of more than 30%.
Global Supply Chain Pressure Demonstrates Weakening
An index tracked by the New York Federal Reserve on Friday, October 4, testified that the resolution of the strike at United States ports is likely to be a factor in reducing pressure on global supply chains.
Experian Buys Cyber Security Firm ClearSale
Credit data company Experian has agreed to buy firm ClearSale, which specializes in carrying out activities in the cybersecurity area.
US Hiring Tops Estimates
Job growth in the United States in September exceeded all preliminary forecasts for the dynamic of the corresponding indicator.
Experts Say US Jobs Report to Show Stable Growth in September
Economists surveyed by the media expect that the number of hiring in the United States will show an increase as a result of September.
OpenAI Secures $4 Billion Credit Line
OpenAI has secured a new revolving credit line worth $4 billion.
India to Fabricate Its First Chip in Two Years
India will fabricate its first chip in two years.
Nvidia and Accenture to Boost Corporate AI Adoption
Nvidia Corp. expands the scope of cooperation with technology consultant Accenture to drive the adoption of artificial intelligence in the business environment and boost orders for the chip manufacturer’s products.
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