Report - page 8

Finance & Economics

Donald Trump Vows Tariffs on China, Mexico, Canada Over Border

Donald Trump, who won the United States presidential election this month, said he would impose additional tariffs of 10% on goods imported from China and 25% tariffs on products shipped from Mexico and Canada.

Fintech & Ecommerce

Klarna Reports SEK 216 Million Profit, Opens Hub in Warsaw

Klarna sees its profits grow 57% YoY, as it establishes a tech hub in Warsaw and looks forward to a strong holiday season driven by tech innovations.

Finance & Economics

UniCredit Offers to Buy Banco BPM

On Monday, November 25, Italian UniCredit announced an unexpected 10 billion euros ($11 billion) bid for domestic peer Banco BPM.

News

Barclays Raises 2025 S&P 500 Index Forecast

On Monday, November 25, Barclays raised its forecast for the S&P 500 index from 6,500 to 6,600.

News

Lenovo Adds Klarna’s Flexible Payment Methods in Europe

Global technology company Lenovo offers shoppers in 15 European countries the opportunity to use flexible payment methods from fintech firm Klarna.

News

Intuit Adds AI-Powered Financial Assistant to QuickBooks

Intuit has added a virtual financial assistant powered by artificial intelligence to QuickBooks.

News

Lightning AI Raises $50 Million

The artificial intelligence development platform Lightning AI was able to raise equity investments worth $50 million.

Fintech & Ecommerce

US Bank and One Inc to Accelerate Instant Insurance Payments

Insurance industry payments network One Inc has launched a partnership with US Bank.

News

Mastercard and Fundbot to Speed B2B Payment Flows

Mastercard will implement partnerships with Fundbot, a fintech company based in the United Arab Emirates that finances supply chains.

News

US Business Activity Gauge Demonstrates Growth

In the United States, in November, the measure of business activity reached a mark corresponding to a 31-month high.

News

UK Consumer Confidence Demonstrates Growth

In November, the United Kingdom recorded an increase in consumer confidence.

News

Japan’s October Headline Inflation Rate Falls

In Japan, headline inflation was recorded at 2.3% in October.

News

China Announces Policy Measures to Boost Trade

The ministry of commerce of China on Thursday, November 21, announced policy measures aimed at stimulating the foreign trade activities of this Asian country.

Science & Technology

Elon Musk’s xAI Reportedly Raises $5 Billion

The media reported that Elon Musk’s startup xAI, which operates in the space of the artificial intelligence industry, was able to raise investment funds for $5 billion as part of a financing round.

Finance & Economics

ECB Representatives Say About Prospects of Cutting Interest Rates

European Central Bank (ECB) Governing Council member Yannis Stournaras on Thursday, November 21, during a conversation with media representatives, said that this financial regulator should decide on cutting interest rates at each regular meeting on monetary policy issues until the cost of borrowing is fixed at such a mark, which will neither restrict nor stimulate […]

News

Canadian Holiday Sales to Increase 2.2% This Season

Mastercard SpendingPulse reveals encouraging signs for Canadian holiday retail sales, with several factors enhancing consumers’ purchasing power.