World Bank Says About Rapid Growth of East Asian Economy
World Bank data indicate that economic growth rates in developing countries in East Asia and the Pacific are currently exceeding similar results in the rest of the world.
Explained - page 40
Amazon to Spend $148 Billion on Data Centers
Amazon.com Inc. intends to spend almost $150 billion on data centers over the next 15 years.
Experts Forecast Rebound of Global Smartphone Market in 2024
The report of experts from Counterpoint Research, which was published on Thursday, March 28, contains a forecast that in the current year, the volume of global smartphone shipments will show an increase of 3%.
China Aims to Be Driving Force for World Economic Recovery
China is currently striving to become a powerful driving force in the process of recovery of the global economic system.
Google and Pinterest Reportedly Test Ad Partnership in US
The media reports that Google and Pinterest are currently testing collaboration in the sphere of advertising.
Robinhood Launches Credit Card for Its Gold Members
Robinhood launched the credit card as part of a continuing effort to expand the sphere of financial services.
Expert Says About India’s Mistake in Economy
The former governor of the central bank of India, Raghuram Rajan, says that this South Asian country is making a mistake by giving excessive importance to expectations of economic growth since there are significant structural problems, the elimination of which is a prerequisite for realizing potential.
UK Retail Sales Demonstrate Positive Dynamic
In the United Kingdom, retail sales in the first two months of the current year turned out to be higher than preliminary expectations.
German Business Outlook Improves
In Germany, an improvement in business outlook was recorded, which turned out to be higher than preliminary expectations and gave rise to cautious hopes that the country’s economic system would leave the downturn zone, which turned it into a kind of outsider of the eurozone.
Fintech Akulaku Secures HSBC Financing
Online lending platform Akulaku, which operates in Southeast Asia and is backed by Alibaba, secured $100 million in debt financing from HSBC, based in London.
Nvidia Unveils Humanoid Robot Project
Nvidia begins the history of its presence in the humanoid robotics area.
Swiss National Bank Unexpectedly Cuts Its Key Interest Rate
The Swiss National Bank (SNB) has made an unexpected decision to cut its key interest rate by 25 basis points.
Intel Plans to Spend $100 Billion on Chip Plants
Intel intends to spend $100 billion in four US states to build and expand chip manufacturing plants.
Galileo Expands BNPL Offering
Galileo Financial Technologies is expanding its Buy Now, Pay Later (BNPL) offer.
India Seeks to Be Global Chip Powerhouse
Ashwini Vaishnaw, India’s minister of electronics and information technology, railways, and communications, during a conversation with media representatives, said that this country is striving to be on the list of the world’s five largest semiconductor manufacturers within the next five years.
Adobe Faces Its Biggest Downturn in More Than 20 Years
On Friday, March 15, a decrease in the price of Adobe shares was recorded after the company released its sales outlook for the current quarter, which turned out to be disappointing compared to preliminary expectations regarding what commercial goals the firm sets for itself.
Breaking News
