China’s Aviation Sector Reports Profit
In China, the local civil aviation sector has reported making a profit.
Report - page 26
China’s Central Bank Halts Bond Buying
The People’s Bank of China on Friday, January 10, announced that it had suspended the purchase of treasury bonds, against which a jump in yields was recorded and rumors began to actively circulate that this decision by the Asian country’s financial regulator was aimed at protecting the yuan, which is currently on a trajectory of […]
US Job Growth Beats Expectations
In the United States, an unexpected acceleration in job growth was recorded in December.
Bank of America Bonuses for Investment Bankers Reportedly to Rise About 10%
Bank of America’s bonus pool for investment bankers is likely to increase by 10% for last year.
SoftBank and Arm Reportedly Weigh Acquiring Ampere Computing
Japanese technology investor SoftBank Group and its majority-owned Arm Holdings are currently considering the possibility of concluding the deal with semiconductor company Ampere Computing backed by Oracle.
Country Garden Proposes Deal to Reduce Offshore Debt by $11.6 Billion
The Chinese property development company Country Garden has proposed to its offshore creditors the deal, which will reduce the debt of this firm by $11.6 billion.
China Orders Miners to Report More of Their Overseas Reserves
Beijing has ordered Chinese investors in foreign mining projects to report on their proven and prospective reserves of crucial minerals.
Fed’s Susan Collins Supports Gradual Approach to Rate Cuts
Federal Reserve Bank of Boston President Susan Collins said on Thursday, January 9, that significant uncertainty about the outlook requires the United States financial regulator to take a cautious approach in the context of making decisions about cutting interest rates.
Fed’s Christopher Waller Supports Further Cuts
Federal Reserve Governor Christopher Waller said he believes inflation will continue to cool towards the United States central bank’s 2% target.
Micron to Expand Its Manufacturing Footprint in Singapore
Micron Technology Inc. intends to invest $7 billion to expand its manufacturing footprint in Singapore over the next few years.
Whatnot Raises Funds at $5 Billion Valuation
Whatnot Inc., a livestream shopping platform that competes with TikTok Shop, raised $265 million at a valuation of $4.97 billion.
Intel Says New Laptop Chips to Extend Computer Battery Life
Intel Corp., which is currently symbolically and practically fighting for its place in the sun in the global technology sector and in the notebook processor market particularly, where its position in terms of competitiveness has faced the prospect of a significant weakening in recent years amid increased competition, said that the new range of chips […]
Qualcomm’s New Chips to Bring AI to $600 Personal Computers
Qualcomm Technologies Inc. announced the Snapdragon X Platform, the fourth platform in its portfolio of Snapdragon X computing systems designed to deliver performance, multi-day battery life, and Copilot+PC experiences for even more users worldwide.
Anthropic Reportedly to Raise $2 Billion
The media published information that the startup Anthropic, which is currently one of the largest players in the global artificial intelligence industry, is close to concluding the deal to raise an additional $2 billion.
Donald Trump Announces $20 Billion Plan to Build New Data Centers
President-elect Donald Trump, who will return to the White House this month, announced that Hussain Sajwani, the Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in building data centers across the United States.
US Trade Deficit Increases
In November, an increase in the trade deficit was recorded in the United States.
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