UK’s Economy Shrinks
The economy of the United Kingdom in October this year showed a contraction that turned out to be stronger than expected.
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Nokia Cuts 2026 Profitability Goal
Nokia Oyj has worsened its long-term profitability target.
Apple Reportedly Plans Overhaul to iPad Family
The media reports that Apple is planning to overhaul its family of iPad tablets.
Chinese Consumer Price Index Shows Decline
In China, local financial authorities are struggling with falling prices, while in many other countries, central banks are taking measures aimed at curbing the process of increasing the cost of goods and services.
China to Realize Proactive Fiscal Policy to Boost Economy
The Chinese authorities have promised to take measures to strengthen fiscal policy next year to maintain the economic system of this country, the situation within which tends to become synonymous with weakness, but has not yet reached a catastrophic level and there are chances to remedy the situation.
TSMC November Sales Show Decline
According to the results of November, sales volumes of Taiwan Semiconductor Manufacturing Co.(TSMC) demonstrated a negative dynamic of decline.
Foxconn Reports Rise in November Revenue
Foxconn, the main smartphone manufacturer of the iPhone line, which is part of the Apple product range, reported an improvement in dynamic sales in November.
Jeremy Hunt Blames Brexit for Instability
British Chancellor of the Exchequer Jeremy Hunt blamed Brexit for a period of political instability that lasts for more than five years and is a factor that caused a decrease in investor confidence in the United Kingdom.
Eurozone Inflation Shows Decline
In November, the dynamic of the decline in inflation in the eurozone turned out to be more intense than expected.
AWS and Nvidia to Deliver Generative AI Infrastructure
Amazon Web Services (AWS) and Nvidia have announced the expansion of cooperation to provide consumers with advanced infrastructure, software, and services for innovation in the sphere of artificial intelligence.
Neuralink Raises $43 Million
Neuralink, a company founded by Elon Musk that specializes in the development of implantable chips capable of reading brain waves, was able to attract additional venture capital for $43 million.
White House Reportedly to Redouble Measures to Strengthen Supply Chains
The media reports that this week the administration of the President of the United States Joe Biden will double measures aimed at strengthening the supply chain.
Berkshire Hathaway Exits India’s Paytm
American Berkshire Hathaway Inc. has withdrawn from the Indian Paytm, as evidenced by information on the local stock exchange.
Chinese Zhongzhi Enterprise Group Says About Its Huge Debt
The largest Chinese asset management company Zhongzhi Enterprise Group (ZEG) has informed investors that it is no longer able to pay its bills.
Global Smartphone Sales Show Growth
In October, for the first time in 27 months, the global smartphone market recorded an increase in sales volumes on an annualized basis.
AI Startup Cohere CEO Criticizes Movement for Self-Righteousness
Aidan Gomez, CEO of the startup Cohere, which operates in the sphere of artificial intelligence, in his letter addressed to the employees of this company, in negative terms criticized the movement for effective altruism.
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