Explained - page 24

Siemens to Buy Altair
Science & Technology

Siemens to Buy Altair

Siemens will buy Altair Engineering, a company specializing in software development.

Euro-Area Economy Growth Beats Expectations
News

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
Finance & Economics

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
News

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
News

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
News

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
News

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.

Boeing Launches Share Sale
Finance & Economics

Boeing Launches Share Sale

Boeing Co. has launched a share sale worth almost $19 billion.

Perplexity AI Says Its Search Engine Serves 100 Million Queries Per Week
Science & Technology

Perplexity AI Says Its Search Engine Serves 100 Million Queries Per Week

Perplexity AI chief executive officer Aravind Srinivas on Friday, October 25, said that this artificial intelligence search company serves more than 100 million queries weekly.

US Consumer Sentiment Demonstrates Improvement
Finance & Economics

US Consumer Sentiment Demonstrates Improvement

In October, local consumer sentiment in the United States showed an increase, reaching a mark that corresponds to a six-month high.

Identity Startup Socure to Acquire Effectiv
News

Identity Startup Socure to Acquire Effectiv

Socure Inc., an identity verification service provider whose functional solutions are used by companies such as Chime Financial Inc. and Robinhood Markets Inc., has agreed to acquire Effectiv, a fraud prevention platform.

MoneyLion Launches Financial Products Marketplace
Fintech & Ecommerce

MoneyLion Launches Financial Products Marketplace

MoneyLion has launched a new marketplace that allows consumers to search, apply for, and make transactions on third-party financial products, including loans, credit cards, and savings accounts.

IMF Warns of Increasing Risks for Global Growth
Finance & Economics

IMF Warns of Increasing Risks for Global Growth

Experts from the International Monetary Fund (IMF) have revised down their forecast for the dynamic of global economic growth next year.

BNY and Mizuho Bank to Provide Trade Services in Asia
Finance & Economics

BNY and Mizuho Bank to Provide Trade Services in Asia

The Bank of New York Mellon Corp. (BNY) and Mizuho Bank cooperate to provide trade services to corporate clients in Asia.

Chinese Banks Cut Lending Rates
News

Chinese Banks Cut Lending Rates

In China, local financial institutions have cut their benchmark lending rates after the launch of the so-called easing strategy by the Asian country’s central bank last month.

TSMC Reports Q3 Earnings
News

TSMC Reports Q3 Earnings

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chip maker, has bet on maintaining its steady growth against the background of the results of operations for the third quarter of the current year, which testified that this firm is one of the beneficiaries of the so-called artificial intelligence boom.