Report - page 54

News

BurgerFi Files for Bankruptcy

Fast casual chain BurgerFi filed for Chapter 11 bankruptcy and announced it on Wednesday, September 11.

Finance & Economics

Economists Improve Singapore 2024 Growth Forecast

Experts have revised their forecasts for the growth of Singapore’s economy in the current year to improve.

News

Hong Kong Demonstrates Readiness to Push Forward Belt and Road Initiative

Hong Kong’s financial secretary Paul Chan said that the city has all the capabilities necessary to facilitate the implementation of the Belt and Road Initiative.

Science & Technology

Huawei Unveils Mate XT Tri-Fold Handset

Huawei Technologies on Tuesday, September 10, presented the world’s first commercial tri-fold smartphone called Mate XT.

News

Oracle Earnings Beat Estimates

During the extended trading, the value of Oracle shares, a provider of database software, showed an increase of 9%, against the background of earnings data from this company for the first quarter of fiscal year 2025, which exceeded Wall Street’s preliminary expectations.

News

Audible to Start Generating AI Voice Replicas of Audiobook Narrators

Amazon.com Inc.’s Audible will begin inviting select a group of audiobook narrators from the United States to train artificial intelligence in their voices.

News

China Faces Growth of Deflation Risk

In China, core inflation has fallen to a level that is the lowest in more than three years, amid which calls have begun to spread for increased efforts to boost household spending.

News

Consumer Spending Activity Threats ECB’s Economic Hopes

Currently, in the eurozone, local consumers are not demonstrating a high level of activity in the context of their spending and have not yet signaled a willingness to expand the scale and scope of appropriate financial actions, against which fears are spreading about the prospects for economic recovery in this region, which is now characterized […]

Fintech & Ecommerce

Does Payment Card Co-Branding Influence Retail Decisions?

Did you know that every third American citizen owns a co-branded credit card from their favourite retailer, warehouse club or airline? Brands eagerly enter partnerships with payment providers to issue their own credit solutions. Today, we wonder if this practice still makes sense amid the abundance of multi-purpose payment products. Do co-branded cards fulfil their […]

Science & Technology

Palantir and Dell to Join S&P 500

The value of Dell and Palantir shares on Friday, September 6, during extended trading, showed an increase of about 7% in both cases amid reports that these companies will join the S&P 500 index.

Science & Technology

Apple Reportedly Approves WeChat Update

Media reports that Apple has approved an update to the WeChat app from Tencent Holdings ahead of the iPhone 16 debut.

News

Broadcom’s Shares Demonstrate Decline Amid Weak Earnings Forecast

On Friday, September 6, the value of Broadcom shares fell by more than 7% because this company specializing in the production of chips and based in San Jose, California, released a revenue forecast that disappointed investors who have high expectations about the commercial aspect of artificial intelligence microcircuits making activities.

News

Washington Releases New Chip-Related Export Controls

The administration of the President of the United States Joe Biden is presenting a draft of new export control measures for the supply of critical technologies.

Science & Technology

Roblox to Roll Out Paid Video Games on Its Virtual Platform

Roblox announced its intention to launch paid video games on its virtual platform and also stated a plan to provide developers with the opportunity to sell physical merchandise through video games they have created.

News

US Unemployment Rate Demonstrates Decline

In the United States, in August, the local labor market demonstrated what can be described as the dynamic of recovery.

News

Raphael Bostic Signals His Readiness to Cut Interest Rates

Atlanta Federal Reserve President Raphael Bostic last Wednesday, September 4, announced his readiness to cut interest rates and separately noted that he does not perceive as an obstacle to appropriate action the fact that currently, the inflation gauge is higher than the target of the central bank of the United States.