Report - page 53

90% Payment Cards to Be Sustainable by 2029
Fintech & Ecommerce

90% Payment Cards to Be Sustainable by 2029

It is expected that in mere five years, most of the payment cards issued by global payment providers will be made of sustainable materials such as recycled or bio-sourced PVC, recycled metal, and sustainably sourced wood.

LightOn to Become Europe’s First Listed GenAI Startup
Science & Technology

LightOn to Become Europe’s First Listed GenAI Startup

The French startup LightOn, which operates in the area of generative artificial intelligence, has launched an initial public offering (IPO) of shares on the Euronext Growth market in Paris.

Chipmaker Kioxia Files for IPO
Science & Technology

Chipmaker Kioxia Files for IPO

Bain Capital-backed Kioxia filed for an initial public offering (IPO) of shares last Friday, November 8th.

PNC Bank Increases Investment in New Branch Locations
Finance & Economics

PNC Bank Increases Investment in New Branch Locations

PNC Bank has increased the number of new branch locations and renovations that this financial institution intends to complete over the next five years.

China Announces $1.4 Trillion Debt Package
Finance & Economics

China Announces $1.4 Trillion Debt Package

China on Friday, November 8, announced a five-year package of measures totaling 10 trillion yuan ($1.4 trillion), designed to solve the debt problems of local governments.

Tesla Hits $1 Trillion Market Value
Science & Technology

Tesla Hits $1 Trillion Market Value

Tesla’s market capitalization indicator on Friday, November 8, breached the $1 trillion mark amid a sharp increase in the value of the company’s shares, which is due to the fact that its chief executive officer Elon Musk supported Donald Trump, who became the winner of the United States presidential election.

UK Fintech Firm Wise Posts Jump in Profit
Fintech & Ecommerce

UK Fintech Firm Wise Posts Jump in Profit

The United Kingdom-based fintech company Wise, which specializes in providing digital payment services to consumers, reported profit growth in the first half of the 2025 fiscal year.

Rohlik Partners With Amazon in Germany
Fintech & Ecommerce

Rohlik Partners With Amazon in Germany

Czech Republic-based online grocer Rohlik Group will partner with Amazon for e-grocery services in Germany.

Arm Reports Earnings Forecast
Science & Technology

Arm Reports Earnings Forecast

Chip developer Arm Holdings last Wednesday, November 6, released a forecast for its revenue in line with Wall Street targets, against which the value of the brand’s shares fell by 4.5%.

Qualcomm Reports Earnings
Science & Technology

Qualcomm Reports Earnings

Qualcomm last Wednesday, November 6, released data on its earnings for the last quarter.

Fed Cuts Interest Rates Again
Finance & Economics

Fed Cuts Interest Rates Again

The Federal Reserve System on Thursday, November 7, decided to cut interest rates for the second time in the current year.

China’s Exports Demonstrate Growth
Finance & Economics

China’s Exports Demonstrate Growth

In October, Chinese exports showed growth rates, which turned out to be the most intense in more than two years.

US Stocks Rise to Record Highs
Finance & Economics

US Stocks Rise to Record Highs

The stock indexes of the United States on Wednesday, November 6, showed a sharp increase and closed at a record high amid the news that Donald Trump had won the presidential election.

Super Micro Shares Demonstrate Decline
Science & Technology

Super Micro Shares Demonstrate Decline

Super Micro, a server manufacturer that publishes annual financial statements later than scheduled and currently faces the risk of being excluded from the Nasdaq list, last Tuesday, November 5, shared with the public data on the results of its activities for the last fiscal quarter.

German Factory Orders Demonstrate Growth
Finance & Economics

German Factory Orders Demonstrate Growth

In Germany, an increase in factory orders was recorded in September.

Perplexity AI Reportedly Nears $500 Million Funding Round
Science & Technology

Perplexity AI Reportedly Nears $500 Million Funding Round

Media reports that Perplexity AI, a startup that developed an artificial intelligence-based search engine, is currently in the final stages of the process of raising $500 million in funding with a valuation of $9 billion.