Report - page 46

News

Deutsche Bank Shares Decline Amid Its Earnings

On Wednesday, October 23, the value of Deutsche Bank shares was on a downward trajectory, as the return of this financial institution to profit in the third quarter of the current year did not turn out to be something that impresses or could potentially impress.

Finance & Economics

IMF Warns of Increasing Risks for Global Growth

Experts from the International Monetary Fund (IMF) have revised down their forecast for the dynamic of global economic growth next year.

News

Amazon Reportedly to Shut Down Speedy Brick-and-Mortar Delivery Service

The media released information according to which Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers.

News

Bank of America Allows Companies to Lock in FX Rates

Bank of America began to allow companies to lock in foreign exchange (FX) rates for up to one year.

News

BNY and Mizuho Bank to Provide Trade Services in Asia

The Bank of New York Mellon Corp. (BNY) and Mizuho Bank cooperate to provide trade services to corporate clients in Asia.

Science & Technology

IBM Releases New AI Models for Businesses

IBM on Monday, October 21, presented the latest version of its artificial intelligence models aimed at businesses.

News

Chinese Banks Cut Lending Rates

In China, local financial institutions have cut their benchmark lending rates after the launch of the so-called easing strategy by the Asian country’s central bank last month.

News

Microsoft to Launch New Autonomous AI Agents

Microsoft will next month provide businesses with the opportunity to make their own autonomous artificial intelligence agents.

News

Binance Reaches $100T in Cumulative Trading Volume

Binance remains the top cryptocurrency exchange globally by cumulative trading volume after surpassing the threshold of $100 trillion.

Articles

Why Is Cash Still King in Most Parts of the World?

While some countries are consistently moving towards cashless economies, cash remains prevalent over other payment methods in several regions globally. What are the reasons for such persistence and what can be done to finally move cash from its pedestal?

Science & Technology

Netflix Earnings Exceed Expectations

On Friday, October 18, the value of Netflix shares rose by 11% after the streaming giant on Thursday, October 17, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of experts regarding the dynamic of the corresponding indicator.

Science & Technology

TSMC Reports Q3 Earnings

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chip maker, has bet on maintaining its steady growth against the background of the results of operations for the third quarter of the current year, which testified that this firm is one of the beneficiaries of the so-called artificial intelligence boom.

News

Mistral AI Releases New Products

The French startup Mistral AI presented its first models of generative artificial intelligence designed to function on such devices as laptops and smartphones.

News

US Retail Sales Demonstrate Growth

In September, the United States recorded an increase in consumer spending, which is evidence of the sustainability of the country’s economic system, which is currently getting a boost from the Federal Reserve System.

Finance & Economics

US Weekly Jobless Claims Demonstrate Decrease

In the United States, the number of residents who filed new applications for unemployment benefits unexpectedly decreased last week, but at the same time, this indicator may remain elevated in the short term due to the effects of hurricanes Helen and Milton, which had a negative impact on the US labor market picture.

Finance & Economics

ECB Cuts Rates Again

The European Central Bank on Thursday, October 17, decided to cut interest rates again.