Colombia Cuts Key Rate
The central bank of Colombia has ignored calls to intensify the process of cutting interest rates.
Report - page 15
US to Invest $825 Million in New York Semiconductor R&D Facility
The administration of the President of the United States Joe Biden on Thursday, October 31, announced investments in the amount of $825 million in the implementation of a project of a new semiconductor research and development facility in Albany, New York.
Microsoft Reports Earnings
Microsoft last Wednesday, October 30, released information about its earnings for the first fiscal quarter.
OpenAI Launches ChatGPT Search
OpenAI on Thursday, October 31, launched a search feature in its chatbot called ChatGPT.
Key Fed Inflation Rate Hits 2.1%
In the United States, inflation showed moderate growth in September and approached the Federal Reserve’s target of 2%.
Halloween Sales to Drop and Become Spread Out in 2024
Halloween consumer shopping patterns are changing, with holiday sales expected to fall by $600 million from the record-high figures of 2023.
Airwallex Reportedly Plans to Raise $200 Million
Media reports indicate that Airwallex, a payments platform, is currently in talks to raise $200 million in investment funds.
Booking.com Expands AI-Powered Features
Booking.com, a digital travel platform, expands its features, which are powered by artificial intelligence.
Siemens to Buy Altair
Siemens will buy Altair Engineering, a company specializing in software development.
Euro-Area Economy Growth Beats Expectations
In the eurozone, economic growth was recorded in the third quarter of the current year, the pace of which exceeded preliminary expectations for the dynamic of the corresponding indicator.
US Economy Demonstrates Solid Growth
In the third quarter of the current year, the United States economy maintained strong growth rates.
Indonesia Bans iPhone 16
Sales of the latest generation of the iPhone smartphone from the US technology giant Apple have been banned in Indonesia.
Citi Turns to Google to Use AI and Cloud Technology
Citi has teamed with Google to use artificial intelligence and cloud technology to bolster its digital strategy.
AMD Reports Quarterly Revenue
Advanced Micro Devices (AMD) on Tuesday, October 29, released information about its earnings for the quarter ended September 28, 2024.
Alphabet Reports Earnings
Alphabet, the parent company of Google, has published information about its earnings for the third quarter of the current year.
Larry Fink Says About Scales of Further Fed’s Monetary Easing
Blackrock chief executive officer Larry Fink said Tuesday, October 29, speaking at a CEO-studded panel in Riyadh, Saudi Arabia, that the Federal Reserve will not cut interest rates on the scale that markets expect, as currently embedded inflation is too high.
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