Explained - page 36

Dell Reports First-Quarter Earnings
Science & Technology

Dell Reports First-Quarter Earnings

Dell has released information on its financial results for the first quarter of fiscal year 2025.

Nvidia Approaches to Overtake Apple as World’s Second-Most Valuable Company
Science & Technology

Nvidia Approaches to Overtake Apple as World’s Second-Most Valuable Company

In the foreseeable future, Nvidia may surpass Apple and become the second most valuable company in the world.

India’s Economy Demonstrates Growth
Finance & Economics

India’s Economy Demonstrates Growth

India’s economy grew by more than 8% in the fiscal year that ended in March.

Euro-Area Inflation Accelerates
Finance & Economics

Euro-Area Inflation Accelerates

In the eurozone, an acceleration in the rate of inflation was recorded, which exceeded preliminary expectations regarding the dynamic of this process.

Rows Raises $8.7 Million
Science & Technology

Rows Raises $8.7 Million

Rows reported that it managed to raise 8 million euros (about $8.7 million).

China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds
Finance & Economics

China’s Wary Investors Demonstrate Interest in Ultra-Long-Term Special Government Bonds

The surge in interest in China’s ultra-long-term special government bonds, which are extremely rarely offered, has become evidence that investors are interested in the so-called safe-haven assets since they need at least some guarantees and some protection during a period of significant economic instability.

China’s Middle Class Concerns About Spending
Finance & Economics

China’s Middle Class Concerns About Spending

According to the results of a study conducted by employees of the Southwestern University of Finance and Economics in Chengdu, Sichuan Province, Chinese families who belong to the middle-class category continue to take a cautious approach in the context of their spending issues.

China Creates $47.5 Billion Chip Fund
Science & Technology

China Creates $47.5 Billion Chip Fund

China has set up the largest investment fund in the history of this Asian country dedicated to the development of homegrown chips, which is especially important for Beijing at the current historical moment characterized by a high level of geopolitical tension.

Spreedly Launches Partnership With NuORDER
Fintech & Ecommerce

Spreedly Launches Partnership With NuORDER

The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.

Lenovo Reports Quarterly Earnings
Science & Technology

Lenovo Reports Quarterly Earnings

For the third quarter in a row, Lenovo has published information on financial performance that exceeds preliminary expectations.

UK Inflation Slows
Finance & Economics

UK Inflation Slows

In the United Kingdom, the inflation rate in April was the lowest in almost three years.

Wall Street Provides Financing Deals Backed by AI Chips
Finance & Economics

Wall Street Provides Financing Deals Backed by AI Chips

Wall Street investment companies are striving to take advantage of the artificial intelligence industry, which is currently demonstrating a high intensity of development and scaling.

DoorDash Scales Ulta Partnership to All 50 States
Fintech & Ecommerce

DoorDash Scales Ulta Partnership to All 50 States

DoorDash announced the expansion of its partnership with Ulta Beauty, which is already three years old.

China’s Capital Outflow Demonstrates Growth
Finance & Economics

China’s Capital Outflow Demonstrates Growth

In April, China recorded an increase in the tendency of capital outflows.

China Consumers Face Growing Utility Costs
Finance & Economics

China Consumers Face Growing Utility Costs

In China, the local consumer community has recently been facing very unfavorable circumstances in the economic environment of this Asian country in the form of a prolonged and deep downturn in the real estate market and a weak labor market, but this negative period still shows no signs of an early end and at the […]

Tassat and Glasstower Collaborate on B2B Payments for Multinational Corporations
Fintech & Ecommerce

Tassat and Glasstower Collaborate on B2B Payments for Multinational Corporations

Tassat Group and Glasstower Digital announced the beginning of cooperation to facilitate the procedure for making cross-border digital B2B payments.