Report - page 45

Wells Fargo Reportedly Sells San Francisco HQ
Finance & Economics

Wells Fargo Reportedly Sells San Francisco HQ

The media reported that Wells Fargo is selling its headquarters in San Francisco, as the leadership of this financial institution, which is the fourth largest by total assets in the United States banking system, heads east.

Stackfix Raises $3 Million
News

Stackfix Raises $3 Million

The startup Stackfix, which was founded by pioneers in the area of artificial intelligence, raised $3 million in seed funding.

Salesforce Reports Earnings
Finance & Economics

Salesforce Reports Earnings

On Tuesday, December 3, the value of Salesforce shares increased by 9% after this company published information about its earnings for the third fiscal quarter and guidance for the next fiscal quarter, which exceeded analysts’ preliminary expectations.

Amazon Presents New Slate of AI Models
News

Amazon Presents New Slate of AI Models

Amazon has announced a new slate of artificial intelligence platforms, known as foundation models, which, among other things, allow users to generate text materials, images, and videos.

China Bans Export of Key Minerals to US
News

China Bans Export of Key Minerals to US

China has banned the export to the United States of items related to the minerals gallium, germanium, and antimony, which can be used for military purposes.

US Imposes New Restrictions China’s Chips
News

US Imposes New Restrictions China’s Chips

The United States on Monday, December 2, launched the third restrictive measures against China’s semiconductor industry in the last three years, reducing the scope of export opportunities to this Asian country.

Amazon Debuts AWS Data Transfer Terminals
News

Amazon Debuts AWS Data Transfer Terminals

Amazon Web Services (AWS) has announced that its data transfer terminal offering has become available online.

Kioxia Sets Price Range for IPO
Science & Technology

Kioxia Sets Price Range for IPO

Bain Capital-backed chip manufacturer Kioxia has set a tentative price in the range of 1,390 to 1,520 yen ($9.22 to $10.09) per equity for its initial public offering (IPO) of shares.

Czech Online Grocer Rohlik Reaches Nearly $2 Billion Valuation
Fintech & Ecommerce

Czech Online Grocer Rohlik Reaches Nearly $2 Billion Valuation

The valuation of Czech online grocer Rohlik Group has reached 1.85 billion euros ($1.95 billion), which is almost twice the figure observed three years ago.

European Manufacturing Activity Demonstrates Decline
News

European Manufacturing Activity Demonstrates Decline

Last month, a sharp decrease in the level of manufacturing activity was recorded in Europe, and a further downward dynamic of demand became an obstacle to any hopes for an early recovery of the indicator.

Revolut Faces UK Fraud Lawsuit
Fintech & Ecommerce

Revolut Faces UK Fraud Lawsuit

Revolut Ltd. is facing a lawsuit in the United Kingdom, as a result of which this fintech brand can pay 700,000 euros ($735,880) to a Serbian energy company as part of a fraud claim.

US Raises Cap on Small Business Loans
Finance & Economics

US Raises Cap on Small Business Loans

The White House has raised the cap on small business loans.

Foreign Investments in China Demonstrate Decline
News

Foreign Investments in China Demonstrate Decline

Analysts say that the outlook for the growth of foreign direct investment in China is facing a new challenge amid the return of Donald Trump, who won the United States presidential election last month, to the White House.

Chinese Economist Calls for 5% GDP Target in 2025
News

Chinese Economist Calls for 5% GDP Target in 2025

China should set an economic growth target of about 5% for 2025, an indicator similar to the analogous goal for the current year.

Online Black Friday Spending Rises 10%
Fintech & Ecommerce

Online Black Friday Spending Rises 10%

U.S. shoppers made online purchases worth nearly $10.8 billion on Black Friday using their mobile phones, laptops, desktops and other portable devices.

Norway Joins Eurosystem’s Payment Service
News

Norway Joins Eurosystem’s Payment Service

Norway has concluded the deal to add the krone to the Eurosystem’s Target Instant Payment Settlement (Tips) service.