Report - page 12

News

Meta Tests Experiential Retail to Sell Smart Glasses

Meta is currently promoting its Ray-Ban Meta smart glasses at a Meta Lab pop-up store in Los Angeles, where visitors have the opportunity to personally test this product.

Finance & Economics

Intesa Partners With BlackRock in Private Banking

Intesa Sanpaolo, the largest Italian bank, announced that it will cooperate with BlackRock, the world’s biggest asset manager and the leading shareholder of this financial institution.

Finance & Economics

SoftBank Reportedly to Book $1.87 Billion Profit on IPOs

Japanese technology investor SoftBank Group is expected to report a quarterly profit of 287 billion yen ($1.87 billion) on Tuesday, November 12.

News

Washington Reportedly Orders TSMC to Halt Shipments to China of Some Chips

The media, citing an insider, reported that the United States ordered Taiwan Semiconductor Manufacturing Co (TSMC) to halt shipments of advanced chips to Chinese customers.

News

China’s Consumer Prices Growth Demonstrates Slowdown

In October, China recorded an increase in consumer prices, which demonstrated the pace of upward dynamic, which is the slowest in the last four months.

News

General Catalyst Makes First Investment Into Saudi Arabia

General Catalyst, a Silicon Valley venture capital company, has made its first investment in Saudi Arabia.

News

Wealth Management Firms in US to Double AI Budgets

Projections indicate that AI will account for 37% of US wealth management firms’ IT spending in the next 3-5 years, up from 16%.

Fintech & Ecommerce

90% Payment Cards to Be Sustainable by 2029

It is expected that in mere five years, most of the payment cards issued by global payment providers will be made of sustainable materials such as recycled or bio-sourced PVC, recycled metal, and sustainably sourced wood.

News

LightOn to Become Europe’s First Listed GenAI Startup

The French startup LightOn, which operates in the area of generative artificial intelligence, has launched an initial public offering (IPO) of shares on the Euronext Growth market in Paris.

News

Chipmaker Kioxia Files for IPO

Bain Capital-backed Kioxia filed for an initial public offering (IPO) of shares last Friday, November 8th.

News

PNC Bank Increases Investment in New Branch Locations

PNC Bank has increased the number of new branch locations and renovations that this financial institution intends to complete over the next five years.

Finance & Economics

China Announces $1.4 Trillion Debt Package

China on Friday, November 8, announced a five-year package of measures totaling 10 trillion yuan ($1.4 trillion), designed to solve the debt problems of local governments.

Science & Technology

Tesla Hits $1 Trillion Market Value

Tesla’s market capitalization indicator on Friday, November 8, breached the $1 trillion mark amid a sharp increase in the value of the company’s shares, which is due to the fact that its chief executive officer Elon Musk supported Donald Trump, who became the winner of the United States presidential election.

Fintech & Ecommerce

UK Fintech Firm Wise Posts Jump in Profit

The United Kingdom-based fintech company Wise, which specializes in providing digital payment services to consumers, reported profit growth in the first half of the 2025 fiscal year.

News

Rohlik Partners With Amazon in Germany

Czech Republic-based online grocer Rohlik Group will partner with Amazon for e-grocery services in Germany.

News

Arm Reports Earnings Forecast

Chip developer Arm Holdings last Wednesday, November 6, released a forecast for its revenue in line with Wall Street targets, against which the value of the brand’s shares fell by 4.5%.