Report - page 109

UBS Restarts Buybacks
Finance & Economics

UBS Restarts Buybacks

UBS Group AG has announced its intention to resume share buyback in the current year.

Microsoft Forms AI Partnership With Startup Semafor
Science & Technology

Microsoft Forms AI Partnership With Startup Semafor

Microsoft has launched a partnership in the artificial intelligence industry with a news startup called Semafor.

Sri Lanka Eyes $5 Billion in Foreign Funds
Finance & Economics

Sri Lanka Eyes $5 Billion in Foreign Funds

Sri Lanka expects to raise about $5 billion in foreign funds over the next two years.

China’s Services Activity Expands at Slow Pace
Finance & Economics

China’s Services Activity Expands at Slow Pace

In China, an increase in the level of activity in the local sphere of services was recorded last month, the intensity of which turned out to be lower than the indicator of preliminary expectations regarding this parameter of the functioning of the corresponding area.

Jeff Bezos Plans to Sell Up to 50 Million Amazon Shares
Finance & Economics

Jeff Bezos Plans to Sell Up to 50 Million Amazon Shares

Jeff Bezos intends to sell up to 50 million shares of Amazon.com Inc. over the next 12 months.

India to Review Tax on Online Gaming
Finance & Economics

India to Review Tax on Online Gaming

India intends to review the national sales tax regime for companies that operate in the sphere of online gaming after March of the current year.

UniCredit Shares Demonstrate Growth
Finance & Economics

UniCredit Shares Demonstrate Growth

UniCredit SpA Bank reported revenue, which turned out to be the highest in more than eight years.

B2B Payments to Reach $124 Trillion Globally by 2028
Fintech & Ecommerce

B2B Payments to Reach $124 Trillion Globally by 2028

A new study from Juniper Research, revealed that the value of B2B payments will grow 40% by 2028, up from $89 trillion in 2024, largely due to digital payment adoption in developing markets.

IMF Chief Says About Advantage of Late Fed Rate Cuts
Finance & Economics

IMF Chief Says About Advantage of Late Fed Rate Cuts

The head of the International Monetary Fund, Kristalina Georgieva, said that the Federal Reserve and other major central banks face great risks if they decide to ease monetary policy too early.

Apple Starts Vision Pro Headset Sales
Science & Technology

Apple Starts Vision Pro Headset Sales

Apple on Friday, February 2, launched sales of its new product, which is an augmented reality headset called Vision Pro, in the United States market.

Google Maps to Add AI-Powered Recommendations
Science & Technology

Google Maps to Add AI-Powered Recommendations

Google Maps will soon help customers discover new places by launching a new feature powered by generative artificial intelligence technology.

Lenovo’s Bad Week Highlights Fear Over US Sanctions
Science & Technology

Lenovo’s Bad Week Highlights Fear Over US Sanctions

Lenovo Group spent last year in high spirits, influenced by a sense of unshakeable optimism about the prospects for artificial intelligence, but 2024 began for the company in a negative scenario, showing more reasons for pessimism against the background of geopolitical tensions, including in the context of a marked deterioration in relations between the United […]

Apple Sales Boost Profits
Science & Technology

Apple Sales Boost Profits

Apple’s sales figures for the fourth quarter of 2023 signal that this giant of the technology industry, under the management of Tim Cook, is finally starting to take steps along roads of success, which was something like a natural environment for this company for a long time, but has recently become an inaccessible or hard-to-reach […]

Meta, Amazon Surge by $272 Billion
Finance & Economics

Meta, Amazon Surge by $272 Billion

The e-commerce giant Amazon and one of the largest players in the global technological industry Meta have been focused over the past year on implementing measures aimed at reducing costs and reorienting their business.

Bank of England Opens Prospect of Rate Cuts in 2024
Finance & Economics

Bank of England Opens Prospect of Rate Cuts in 2024

For the first time since the beginning of the coronavirus pandemic, the Bank of England opened the door to cut interest rates, confirming forecasts that the inflation rate will reach the target level in the coming spring, and warning of the likelihood of renewed price pressure.

Qualcomm Reports Earnings
Science & Technology

Qualcomm Reports Earnings

Qualcomm last Wednesday, January 31, published its financial results for the quarter ended December 24, 2023.