Report - page 93

Finance & Economics

BOJ Сhief Stops Short of Declaring 2% Price Goal Met

Kazuo Ueda, Governor of the Bank of Japan, said that it is currently too early to conclude that the inflation process in this country is on a trajectory of steady approach to the financial regulator’s target of 2%.

News

Dell Reports Earnings

Dell Technologies Inc. has reported the highest sales and earnings figures for its products over the past six months.

Science & Technology

AMD’s Market Value Tops $300 Billion

Shares of Advanced Micro Devices (AMD) Inc. last Thursday, February 29, showed a rapid increase in cost.

News

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.

Science & Technology

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.

Science & Technology

Elon Musk Sues OpenAI

Elon Musk has sued OpenAI and the chief executive officer of this startup, Sam Altman.

Fintech & Ecommerce

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.

News

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.

Science & Technology

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.

Finance & Economics

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.

News

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.

Finance & Economics

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.

News

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.

News

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.

News

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.

News

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.