Deutsche Bank Reportedly to File Liquidation Suit Against Chinese Developer Shimao
The media, citing insiders, reported that Deutsche Bank is preparing a liquidation lawsuit against the Chinese developer Shimao Group.
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Sales of Apple’s Smartphones Fall in China
In the Chinese smartphone market, there continues to be a trend of restrained consumer demand for the iPhone.
Elon Musk Sues OpenAI
Elon Musk has sued OpenAI and the chief executive officer of this startup, Sam Altman.
Equifax Launches Fraud Prevention KYB Tool
Equifax is launching the Know Your Business (KYB) solution, with which American lenders and businesses will be able to make more informed decisions about gaining new accounts or vendors.
Microsoft to Launch Copilot AI Chatbot for Finance Workers
Microsoft on Thursday, February 29, announced its intention to release a version of Copilot, a chatbot based on artificial intelligence, which will be able to perform key tasks for people who work in the sphere of finance.
India Approves $15 Billion of Chip Plant Investments
In India, the local government has decided to allocate $15.2 billion in government funding for the construction of chip manufacturing plants.
Chinese Authorities to Discuss Economic Growth Goals
The annual legislative meeting will be held in Beijing next week, during which the goal of China’s economic growth and plans to achieve it will be discussed.
Klarna Sees Tremendous Improvements Brought By AI Bot
Klarna has had its new AI bot conducting 2.3 million conversations, two-thirds of Klarna’s total customer service chats, within the last month.
France’s Inflation Rate Falls
In February, the inflation rate in France showed a slowdown to a level that is the lowest since September 2021.
Swiss Economy Demonstrates Growth
As the results of last year, the Swiss economic system unexpectedly maintained a positive dynamic, even though the manufacturing sector in this country continues to be a factor of negative impact on the corresponding growth prospects.
Ideogram Raises $80 Million for AI Image Generation
Ideogram, a startup that specializes in developing artificial intelligence technology that generates images, has announced its intention to raise $80 million in investment funds.
Goldman Sachs CEO Says About Uncertainty to Soft-Landing Expectations
Chief Executive Officer of Goldman Sachs Group Inc. David Solomon said that the downward trend in consumer spending in the United States creates reason to doubt that the economic system of this country will be able to avoid the implementation of a negative recession scenario.
Chinese Developer Country Garden Faces Liquidation Petition
The Chinese developer Country Garden, which defaulted on its debts in 2023, announced that it had received a petition for liquidation from the creditor after non-payment of the loan.
Hong Kong Property Stocks Demonstrate Growth
In Hong Kong, an increase in the share price of local developers was recorded after Financial Secretary Paul Chan announced the cancellation of measures to cool property as part of efforts to normalize the state of affairs in the real estate sector, which found itself in a difficult situation amid the impact of negative factors […]
CarGurus Rolls Out New AI Features
CarGurus is launching new artificial intelligence features to provide dealers and consumers with the necessary information about vehicles in full.
India Chip Manufacturing Strategy Makes Progress
India has been an observer of the process that can be called the chip race for several years, but gradually this country changed its status, becoming an active participant in the large-scale development of the microcircuits production system.
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