Report - page 4

News

Meta Reports First-Quarter Earnings

Last Wednesday, April 30, the value of Meta Platforms shares showed growth of as much as 5% after the company released information about its earnings for the first quarter of 2025, which exceeded analysts’ preliminary expectations, and provided guidance for the present quarter, which coincided with Wall Street forecasts.

News

Sovereign Debt Servicing Costs Low-Income Countries Over $2.6B Extra Due to Currency Fluctuations and Climate Impact

A fresh report shows that the international financial system is being unfair to low-income countries, which suffer from currency fluctuations and the heightened impact of climate change.

News

ASM International Expects Sales Growth

ASM International, a Netherlands-based manufacturer of equipment for making chips, said last Tuesday, April 29, that it expects annual sales to grow in a double-digit percentage range at constant currencies, despite increasing macroeconomic uncertainty amid global trade tensions.

Finance & Economics

Euro-Area Economic Growth Quickens

At the beginning of the current year, the eurozone economy demonstrated growth, the pace of which exceeded preliminary expectations regarding the dynamic of the relevant process, but this system has yet to face the impact of tariffs imposed by the President of the United States Donald Trump, in the plane of practical consequences.

Finance & Economics

US Economy Shrinks

At the beginning of the current year, the United States economic system showed a decline for the first time since 2022, amid a significant increase in imports ahead of the announcement of tariffs on goods shipped to the US from other countries, and moderate consumer activity in the context of spending.

News

OpenAI Turns ChatGPT Into Shopping Assistant

OpenAI announced last Monday, April 28, that it has started to roll out its ChatGPT chatbot features that make it easier and faster to find, compare, and buy products.

Finance & Economics

HSBC Reports Earnings

One of the largest European lenders, HSBC, on Tuesday, April 29, published information on the financial results of its operations for the first quarter of the current year, which exceeded preliminary expectations due to the robust performance of its wealth business, and strength in its corporate and institutional banking segment.

News

Donald Trump Eases Auto Tariffs

President of the United States Donald Trump on Tuesday, April 29, signed an executive order and a proclamation on easing auto tariffs.

News

UPS Reportedly Considers Partnership With Robotics Startup Figure AI

The media published information according to which United Parcel Service (UPS) and Figure AI are currently considering the possibility of cooperation.

Fintech & Ecommerce

Velera to Provide Card Processing Support to 802 Credit Union

Vermont-based 802 Credit Union (802CU) has selected Velera credit union service organization (CUSO) to provide credit and debit card processing support.

Fintech & Ecommerce

PayPal Reports First-Quarter Earnings

PayPal has published information about its earnings for the first quarter of the current year, which exceeded preliminary expectations, but at the same time, this company missed on revenue and reaffirmed its guidance for 2025 due to macro uncertainty.

Fintech & Ecommerce

Amazon Denies Tariff Label Plans

Amazon.com Inc. on Tuesday, April 29, stated that it had never had plans involving widely displaying the cost of tariffs imposed by the President of the United States Donald Trump on goods.

News

China to Support Exporters

Chinese officials vowed to provide greater support to exporters affected by tariffs from United States President Donald Trump. thus demonstrating the desire to strengthen one of the most important sectors of the Asian country’s economic system.

Finance & Economics

IMF’s Europe Head Says About Impact of German Fiscal Boost on Euro Area

Alfred Kammer, director of the European Department at the International Monetary Fund (IMF), said that an increase in German spending on infrastructure will boost European economic growth, but at the same time will not be a factor that can outweigh the expected impact of tariffs from the United States.

Finance & Economics

China’s Industrial Profits Return to Growth

Chinese industrial profits in the first quarter of the current year showed readings indicating a return to growth.

News

Real Estate Worth $4T to Be Tokenized by 2035: Deloitte

Deloitte envisions the surge of tokenized real estate assets up from $300 billion in 2024 to about $4 trillion over the ten-year time.