Report - page 73

News

Credit Suisse Bondholders Sue Switzerland

A group of Credit Suisse bondholders has filed a lawsuit against the Swiss government in an effort to obtain compensation for the controversial decision to write down the debt of an Additional Tier 1 (AT1) financial institution.

News

China’s Exports Demonstrate Growth

In May, China recorded an increase in exports, which exceeded preliminary expectations.

Blockchain & Crypto

Robinhood Markets to Acquire Cryptocurrency Exchange Bitstamp

Robinhood Markets plans to acquire the Bitstamp cryptocurrency exchange.

News

Janet Yellen Warns AI Risks in Finance

The United States Treasury Department on Thursday, June 6, announced that it is seeking public comments on the assessment of the practice of using artificial intelligence technologies in the financial services industry.

Finance & Economics

ECB Cuts Rates

On Thursday, June 6, the European Central Bank decided to cut interest rates for the first time in five years.

News

Nvidia Hits $3 Trillion in Market Value

Nvidia has become one of the main beneficiaries of the so-called artificial intelligence boom, as evidenced by the financial performance of its activities, which continue to set new records.

News

ASML to Ship Its $380 Million Machine to TSMC and Samsung

In the current year, ASML Holding NV will ship its latest chipmaking machine to companies such as Taiwan Semiconductor Manufacturing Co (TSMC) and Samsung Electronics.

Science & Technology

Kneron Launches New AI Chips

Kneron startup, which specializes in the development of artificial intelligence chips, launched its next-generation products on Wednesday, June 5.

Finance & Economics

ECB’s Inflation Challenge Resembles Similar US Problem

In the eurozone, the inflationary process has still not returned to the territory of acceptable and favorable indicators, which is why there is currently an increase in fears that the European Central Bank, as part of its movement towards easing monetary policy by cutting interest rates, may face the same problems and obstacles that have […]

News

Intel Agrees to Sell 49% of Irish Venture to Apollo

Intel has agreed to implement the deal to sell a stake in a venture that controls a factory located in Ireland.

Finance & Economics

US Job Openings Fall

The number of job openings in the United States in April showed a decrease, which turned out to be more significant than the preliminary expectations for the dynamic of the corresponding indicator.

News

Deutsche Bank to Cooperate With Bitpanda

According to media reports, Deutsche Bank will cooperate with Bitpanda to process customer deposits and withdrawals from clients of the Austrian crypto broker.

Finance & Economics

China’s Factory Activity Growth Reaches 2-Year High

In China, the level of factory activity was recorded in May, which demonstrated the fastest rising pace in about the last two years.

Finance & Economics

Mainland China Rolls Out New Crackdown on Macau’s Illegal Money Exchanges

Mainland Chinese officials have called for measures to curb the illegal money exchange business at the casino hub in Macau.

News

Intel Announces New AI Chips

Intel on Tuesday, June 4, announced new artificial intelligence chips designed for use in data centers.

News

Indian Stocks Demonstrate Record Highs

Indian stock markets on Monday, June 3, reached record highs amid news that experts predict the victory of the current Prime Minister of this South Asian country, Narendra Modi, in national elections.