Chinese Authorities to Discuss Economic Growth Goals
The annual legislative meeting will be held in Beijing next week, during which the goal of China’s economic growth and plans to achieve it will be discussed.
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France’s Inflation Rate Falls
In February, the inflation rate in France showed a slowdown to a level that is the lowest since September 2021.
Swiss Economy Demonstrates Growth
As the results of last year, the Swiss economic system unexpectedly maintained a positive dynamic, even though the manufacturing sector in this country continues to be a factor of negative impact on the corresponding growth prospects.
Swiss National Bank Fixes High Demand on Cash
Swiss residents continue to opt for banknotes and coins, despite the scaling of mobile payment apps and predictions that the era of the so-called cashless society will come in the future.
US Manufacturing Activity Demonstrates Growth
It was fixed the increase in manufacturing activity in the United States.
World Bank Declares Importance of Much Faster Growth of Emerging Economies
The World Bank, which is based in Washington, D.C., warns that the high cost of borrowing has become a factor that has dramatically changed the need of developing countries to stimulate economic growth that demonstrates such features that can be described as sluggishness and weakness within the framework of the simplified formulation method.
Capital One to Acquire Discover Financial Services
Capital One has announced the acquisition of Discover Financial Services.
Airlines to Scan People’s Faces Instead of IDs
Experts believe that in the foreseeable future, the practice may become a reality, in which aircraft passengers will show their faces during boarding instead of presenting an identity card.
U.S. Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
U.S. Bank on Thursday, February 15, reported that over the past few months, more than 200 of its clients have received approval to get personal loans using technology and a credit intelligence network, which was enabled as part of the implementation of the partnership between this financial institution and Pagaya Technologies.
OpenAI Launches Text-to-Video Model
OpenAI, which became world-famous after launching its artificial intelligence-based chatbot called ChatGPT, presented a new Sora product.
UK Falls Into Recession
The recession has become an economic reality in the United Kingdom, as evidenced by official data published by the Office for National Statistics (ONS) on Thursday, February 15.
Lyft Reports Q4 2023 Earnings
Last Tuesday, February 13, Lyft’s share price showed growth in extended trading but then began to move along a downward trajectory after the company’s CFO reported an error in the brand’s earnings release.
UK Inflation Holds at 4%
In the United Kingdom, inflation remained at 4% in January, demonstrating what corresponds to such a concept as stability.
Ripple Acquires Digital Asset Platform
The blockchain and crypto company Ripple will become the owner of the regulated platform for digital assets Standard Custody & Trust Co.
OpenAI CEO Reportedly Pitches $7 Trillion AI Funding Project
The media reports that Sam Altman, CEO of OpenAI, is currently pitching an artificial intelligence project to investors, the cost of which is several trillion dollars.
Taiwan Expects AI Investments of $7.3 Billion in 2024
Taiwan, which has become a global technology giant in recent years, expects that the volume of investments in the local artificial intelligence industry in the current year will amount to $7.3 billion, as the manufacturing industry of this country develops in the context of a global trend, demonstrating an increase in exports as part of […]
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