Rows Raises $8.7 Million
Rows reported that it managed to raise 8 million euros (about $8.7 million).
Explained - page 36
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
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
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
The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.
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
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
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
DoorDash announced the expansion of its partnership with Ulta Beauty, which is already three years old.
China’s Capital Outflow Demonstrates Growth
In April, China recorded an increase in the tendency of capital outflows.
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
Tassat Group and Glasstower Digital announced the beginning of cooperation to facilitate the procedure for making cross-border digital B2B payments.
Avidbank Taps CorServ to Roll Out New Commercial Credit Card Program
Avidbank, based in California, has asked CorServ, which is located in Georgia, for assistance in launching a new credit card program for commercial customers of a financial institution.
Baidu Revenue Grows
Baidu Inc.’s revenue for the first quarter of 2024 showed the slowest growth rate in more than a year.
Dow Crosses 40,000
On the morning of Thursday, May 16, the Dow Jones index crossed the 40,000-point mark for the first time in its history.
Japan’s Economy Contracts
During the first quarter of the current year, Japan’s economy contracted.
Breaking News
