Report - page 26

Canadian Banks Reportedly to Build Reserves to Cushion Tariff Uncertainty
News

Canadian Banks Reportedly to Build Reserves to Cushion Tariff Uncertainty

Currently, analysts expect Canada’s six largest banks to build more credit loss provisions, as these financial institutions are nowadays bracing for uncertainty related to the tariff threat from the United States, which could impact earnings in the first quarter of 2025 and beyond.

Prosus Plans to Buy Just Eat Takeaway
News

Prosus Plans to Buy Just Eat Takeaway

Just Eat Takeaway.com, a European giant in the area of food delivery, is poised to be acquired by Prosus, a Dutch technology investor.

Stablecoins to Cut Business Costs by $26 Billion Worldwide by 2028
Blockchain & Crypto

Stablecoins to Cut Business Costs by $26 Billion Worldwide by 2028

Business savings achieved through stablecoin use will increase by 73% compared to 2025, according to a recent forecast. 

Highly Fragile Countries Depend on Remittances the Most
News

Highly Fragile Countries Depend on Remittances the Most

Recent data suggests a strong correlation between economic vulnerability and dependence on financial support from citizens living abroad received via remittances.

Ant Group Enters AI Robotics Sector
Science & Technology

Ant Group Enters AI Robotics Sector

Chinese fintech giant Ant Group has ventured into the Asian country’s humanoid robotics sector, which is currently in the condition of active development.

PagBank Reports Record Net Profit of R$2.3 Billion for 2024
News

PagBank Reports Record Net Profit of R$2.3 Billion for 2024

Brazilian digital bank PagBank, known for its innovation in financial services, has revealed record financial results in its annual report for 2024.

Apple’s Vision Pro Faces Problem
News

Apple’s Vision Pro Faces Problem

Apple revealed the Vision Pro in 2023, describing this headset worth $3,500 as the next major platform, and a year later this product from the technology giant emerged on the market, and already in 2025, it was unequivocally confirmed that the device received a small number of apps, which rather corresponds to such definition as […]

Hackers Steal $1.5 Billion From Exchange Bybit
Blockchain & Crypto

Hackers Steal $1.5 Billion From Exchange Bybit

Bybit, a major cryptocurrency exchange, has been subjected to a hacker attack that affected $1.5 billion worth of digital assets.

China’s Tech Stocks Demonstrate Growth
Finance & Economics

China’s Tech Stocks Demonstrate Growth

Shares of Chinese technology companies listed in Hong Kong on Friday, February 21, showed their best weekly winning streak since 2020, as earnings surpassing preliminary expectations and optimism about the artificial intelligence sector gained global investors who made financial injections into the relevant area.

Chinese Universities Launch DeepSeek Courses
Science & Technology

Chinese Universities Launch DeepSeek Courses

This month, local universities in China launched artificial intelligence courses based on the Chinese AI startup DeepSeek, which breakthrough in the global digital intelligence industry has been described by some experts as a kind of so-called Sputnik moment for an Asian country and has become one of the most discussed topics in the world’s information […]

AWS to End Support for Amazon Chime
News

AWS to End Support for Amazon Chime

Amazon Web Services (AWS) last Wednesday, February 19, informed clients that it will no longer accept new customers for its Amazon Chime collaboration solution and will stop supporting this service after a year.

Apple Unveils iPhone 16e
Science & Technology

Apple Unveils iPhone 16e

Last Wednesday, February 19, Apple announced the debut of a new iPhone model, which differs in lower price from other smartphones of the corresponding line, traditionally debuting in September.

LexisNexis Finalizes Its Acquisition of IDVerse
Science & Technology

LexisNexis Finalizes Its Acquisition of IDVerse

LexisNexis Risk Solutions has finalized the acquisition of IDVerse, a company that specializes in document authentication and fraud detection.

Oppo Launches $1,870 Folding Phone
Science & Technology

Oppo Launches $1,870 Folding Phone

The Chinese company Oppo, which specializes in the development and manufacture of consumer electronics, including smartphones, on Thursday, February 20, presented its new flagship folding phone model Find N5.

Alibaba Demonstrates Growth
Finance & Economics

Alibaba Demonstrates Growth

Alibaba Group Holding Ltd. has published information about its earnings for the fourth quarter of 2024, according to which the revenue of this Chinese Internet pioneer for the mentioned period demonstrated growth at an upward dynamic pace, which is the fastest in more than a year, and this is another signal in favor of the […]

Rise in AI Search Engine Use Ushers New Marketing Era
Fintech & Ecommerce

Rise in AI Search Engine Use Ushers New Marketing Era

Bain & Company reveals that 80% of search engine users rely on AI summaries at least 40% of the time, forcing brands to rethink their marketing strategies or lose visibility.