Explained - page 47

Chinese Consumer Price Index Shows Decline
News

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
Finance & Economics

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
Science & Technology

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
Science & Technology

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
News

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
News

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
Science & Technology

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
Science & Technology

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
Finance & Economics

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
Fintech & Ecommerce

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
Finance & Economics

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
News

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
News

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.

White House Gives $50 Million to Small Businesses
News

White House Gives $50 Million to Small Businesses

The Administration of the President of the United States Joe Biden announced the provision of new financial assistance to those representatives of the small business sector who are in an underserved area.

Nvidia’s Revenue Demonstrates Growth
Science & Technology

Nvidia’s Revenue Demonstrates Growth

Nvidia has released its financial results for the quarter ended October 29.

HP Posts Revenue Decline
Science & Technology

HP Posts Revenue Decline

HP has published a report on its quarterly sales, which did not meet analysts’ expectations because the projected recovery of the personal computer market is still a hypothetical vision of the future and is not in the space of objective reality that cannot be denied.