Report - page 111

Finance & Economics

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.

News

Mario Centeno Says About Significance of European Job Market for EU Economy

Mario Centeno, a member of the Governing Council of the European Central Bank (ECB), told colleagues that it was highly likely that the consequences of excessive tightening for the European labor market could be rapid during the recovery of the economic system of the region.

News

Chinese Borrowers Reportedly Face Ban on Mobile Payments

Media reports that in China, millions of local consumers are faced with the problem of blocking access to mobile payment apps.

News

Meta’s Chief Scientist Doubts Imminent Appearance of Artificial Super Intelligence

Yann LeCun, chief researcher at Meta and a pioneer of deep learning, believes that current artificial intelligence systems will have to go through a development path lasting several decades before these AI configurations will get some semblance of sentience, having a core in the form of the common sense, expanding their capabilities beyond the creative […]

News

Credit Agricole Reportedly Considers Acquiring Stake in Worldline

The media reports that the French bank Credit Agricole is currently considering the possibility of acquiring a stake in a local payment processing company Worldline.

Finance & Economics

McKinsey Says About Absence of Signs of Recovery in Consumer Activity in China

Experts from the international consulting company McKinsey said that in the foreseeable future, Chinese consumers do not intend to spend large amounts of money on buying goods, which is why local companies should focus more on strategic planning within their business concepts to master the market, which remains huge, despite various problems.

Science & Technology

Morgan Stanley Says Smartphone Sales to Rebound Due to AI

Analysts at Goldman Sachs and Morgan Stanley predict that sales volumes will recover in the smartphone market next year, despite numerous warnings that the current downturn in this commercial space will be long-term and so far has no signs of ending soon.

Finance & Economics

Eurozone Inflation Shows Decline

In November, the dynamic of the decline in inflation in the eurozone turned out to be more intense than expected.

News

Nvidia CEO Says About Prospects of AI Competitiveness

Nvidia CEO Jensen Huang last Wednesday, November 29, during a speech at the annual DealBook summit in New York, said that artificial intelligence is gaining on humans.

Science & Technology

Amazon Presents AI-Powered Image Generator

Amazon Web Services (AWS) has presented its new development based on artificial intelligence, which is capable of generating images.

News

China’s Manufacturing Activity Shrinks

In November, China recorded a decrease in the level of activity in the manufacturing sector and sphere of services.

News

Research: Americans Embrace Cryptocurrency While Brits Remain Sceptical

A new report by Mintel reveals that Americans have much more positive attitudes towards cryptocurrency than UK consumers. Meanwhile, Brits are far more cautious about their investments due to the recent cost of living crisis.

News

UK’s Nottingham Files for Bankruptcy

Nottingham City Council has become another victim of the financial crisis in the UK in the sphere of local government.

News

Amazon Announces AI Chatbot for Businesses

Amazon last Tuesday, November 28, announced a new chatbot called Q, which consumers will be able to use at work.

News

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.

Society & Lifestyle

US Home Prices Hit Record High

In September, the dynamic of housing prices in the United States continued to move within the growth trend.