Explained - page 37

Finance & Economics

International Grocery Chain Aldi Invests in Bigger Stores

The business of the international grocery store chain Aldi is in a state of growth in several directions.

Fintech & Ecommerce

HDFC Bank and Marriott Bonvoy Launch Travel Card

Indian HDFC Bank announced the beginning of cooperation with Marriott Bonvoy, the Marriott International travel program, in order to launch a co-branded hotel credit card.

Fintech & Ecommerce

Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product

Cross River Bank has reached an agreement with the Current fintech platform on cooperation within the framework of the project to launch a new loan product.

News

Microchip Giant Arm Files for IPO

Arm Holdings, which is part of the ownership structure of SoftBank Group, has taken the first step toward initial public offerings of shares.

News

Tourism to Become $15.5 Trillion Industry by 2033

The volume of the travel industry by 2033 may reach a significant landmark of $15.5 trillion.

Finance & Economics

US Retail Spending Shows Growth

American retail chains reported that by the end of July, an increase in consumer spending in this trading sector was recorded.

News

Expert Says Banks Need Data Providers

Charles Zhu, Enigma’s vice president of products, said during a conversation with the media that the Know Your Business (KYB) requirements can become a heavy burden for financial institutions that form the internal process of meeting the criteria.

News

AI Reduces Burden on Supply Chains

Shipping has become one of the areas of use of artificial intelligence, where advanced technology has become a valuable tool.

Society & Lifestyle

Disney Introduces New Subscription Solutions

Experts say that changes in Disney’s policy regarding subscription decisions may signal that the company has decided to follow the path of Netflix.

Science & Technology

Futurist Says About Exaggerated Fears of Humanlike AI

Theoretical physicist Michio Kaku believes that the concern of many people about the prospects for the development of artificial intelligence and the consequences of the implementation of this process is excessive and reflect fears that have no rational justification.

News

British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects

The UK Government announced that the British High Commission (BHC) in Suva, Fiji, has established a partnership system under which climate finance projects will be implemented in the Pacific island States.

News

Federal Reserve Bank of New York Reports Record Americans’ Credit Card Debt

The indicator of the debt of residents of the United States on credit cards has reached a historical level of more than $1 trillion.

Finance & Economics

Chinese Export Declines Most in Last Three Years

By the end of July, China recorded a sharper reduction in import and export indicators compared to initial expectations.

News

India Postpones Laptop Import Restrictions

India has postponed the start date of restrictive measures against the import of laptops, tablets, and servers to this country.

News

Petal to Expand Credit Card Program

Petal announced intention to expand its credit card program.

News

Robinhood Reports First-Ever Profit

The second quarter of 2023 was the first profitable period for Robinhood Markets since the platform became public, which happened in July 2021.