Report - page 70

UK Inflation Demonstrates Growth
Finance & Economics

UK Inflation Demonstrates Growth

In the United Kingdom, an increase in the inflation rate was recorded in July, which turned out to be lower than the preliminary expectations of experts interviewed by the media about the dynamic of this indicator and the forecast of the Bank of England.

UBS Profit Beats Forecasts
Finance & Economics

UBS Profit Beats Forecasts

UBS Group AG has released data on the financial results of its operations in the second quarter of the current year, according to which the profit of this bank for the specified period exceeded preliminary expectations regarding the dynamic of the corresponding indicator.

European Stocks Demonstrate Growth Amid US Inflation Data Expectations
News

European Stocks Demonstrate Growth Amid US Inflation Data Expectations

On Wednesday, August 14, European stock indexes demonstrated the dynamic of the growth at the beginning of trading.

Experian Expands Its Fraud Detection Capabilities
News

Experian Expands Its Fraud Detection Capabilities

Experian added behavioral analytics to its fraud detection capabilities after acquiring NeuroID.

Fed’s Raphael Bostic Says More Data Needed to Rate Cut
Finance & Economics

Fed’s Raphael Bostic Says More Data Needed to Rate Cut

Federal Reserve Bank of Atlanta President Raphael Bostic said that he needs a little more data to support the decision to ease the monetary policy of the United States financial regulator, which implies cutting interest rates.

Google Launches Pixel 9 Phones
News

Google Launches Pixel 9 Phones

Google has presented upgraded smartphones, watches, and earbuds.

US Producer Prices Demonstrate Growth
Finance & Economics

US Producer Prices Demonstrate Growth

In the United States, a slowdown in the dynamic of wholesale inflation was recorded in July, which was a relatively expected result.

Biggest Kenyan Bank to Boost Loans
Finance & Economics

Biggest Kenyan Bank to Boost Loans

Equity Group Holdings Plc, Kenya’s largest bank by market capitalization, intends to increase lending in the domestic market by 5% in the second half of the current year.

India Inflation Dips Below RBI Target
Finance & Economics

India Inflation Dips Below RBI Target

In India, the inflation rate fell below the target level of the central bank of this South Asian country for the first time in almost five years.

US July Federal Deficit Demonstrates Growth
News

US July Federal Deficit Demonstrates Growth

In July, the United States government recorded a budget deficit of $244 billion.

Economists Forecast UK Inflation to Rise
News

Economists Forecast UK Inflation to Rise

Experts interviewed by the media predict that statistical data will be released this week, indicating an acceleration in the growth of inflation in the United Kingdom.

BofA CEO Says About Impact of Interest Rates on Consumers
News

BofA CEO Says About Impact of Interest Rates on Consumers

Chief executive officer of Bank of America Brian Moynihan said last Sunday, August 11, during a conversation with media representatives that in the United States, the lack of a decision by the Federal Reserve System to soften the concept of monetary policy, providing for cutting interest rates, in the short term may become a factor […]

Fintech Leaders Anticipate Investment Rebound
Fintech & Ecommerce

Fintech Leaders Anticipate Investment Rebound

Over 90% of fintech leaders globally believe robust industry investment levels will return within the next 12 months.

DevRev Raises Over $100 Million
Science & Technology

DevRev Raises Over $100 Million

DevRev, a company that specializes in developing customer relationship software, has raised $100.8 million in a Series A funding round.

India Smartwatch Market Declines 30%
Science & Technology

India Smartwatch Market Declines 30%

Being the second-largest wearable market after China, India saw its wearable device market decline for the first time ever, by 10.0% year-over-year (YoY) to 29.5 million units in Q2 2024.

Innovation Readiness Gap Deepens, With Unclear Strategy as Main Concern
News

Innovation Readiness Gap Deepens, With Unclear Strategy as Main Concern

A recent study revealed an innovation readiness paradox: while the vast majority of modern businesses treat innovation as the highest priority, they have never been as unready to deliver on their innovative pledges.