Report - page 95

Federal Reserve Bank of Atlanta President Expects One Rate Cut in 2024
Finance & Economics

Federal Reserve Bank of Atlanta President Expects One Rate Cut in 2024

The President of the Federal Reserve Bank of Atlanta, Raphael Bostic, said that it would probably be advisable for the United States financial regulator to lower interest rates in the fourth quarter of the current year.

Amazon Offers Free Credits for Startups
Science & Technology

Amazon Offers Free Credits for Startups

Amazon Web Service has announced the expansion of its free credits program.

US Reportedly Urges South Korea to Tough Export Controls on Chinese Chips
Science & Technology

US Reportedly Urges South Korea to Tough Export Controls on Chinese Chips

The media reported that the United States appealed to South Korea to decide on restrictions on the export of semiconductor technologies to China.

China’s Banks Cut Salaries
Finance & Economics

China’s Banks Cut Salaries

In China, the banks that demonstrate the most intensive dynamic of development have reported the largest wage cuts.

China Allocates $70 Billion to Low-Altitude Economy
News

China Allocates $70 Billion to Low-Altitude Economy

The Chinese authorities have decided to scale up the process of using unmanned and other aircraft, which has caused a sharp increase in enthusiasm about the prospects for realizing the significant potential of relevant technologies that are necessary to stimulate and revitalize the low-altitude economy, which is already at a high level of development in […]

Chinese Authorities Signal Possibility of Starting Trading Government Bonds
Finance & Economics

Chinese Authorities Signal Possibility of Starting Trading Government Bonds

The speech by the head of the People’s Republic of China, Xi Jinping, signals that the authorities of this Asian country may start trading government bonds in the foreseeable future to regulate liquidity in the market.

OpenAI, Microsoft Work on Data Center Project
Science & Technology

OpenAI, Microsoft Work on Data Center Project

The media reports that OpenAI and Microsoft are currently working on a project involving the construction of a data center.

US Manufacturing Sector Demonstrates Growth
Finance & Economics

US Manufacturing Sector Demonstrates Growth

In March, the United States recorded an increase in industrial production for the first time in 1-1/2 years.

DeepMind Co-Founder Says About Negative Aspect of AI Hype
News

DeepMind Co-Founder Says About Negative Aspect of AI Hype

Demis Hassabis, one of the co-founders of DeepMind, said that excessive hype around artificial intelligence is a barrier to making progress in the AI industry.

China’s Manufacturing Activity Demonstrates Growth
Finance & Economics

China’s Manufacturing Activity Demonstrates Growth

In China, manufacturing activity grew at the fastest pace in the last 13 months in March.

World Bank Says About Rapid Growth of East Asian Economy
Finance & Economics

World Bank Says About Rapid Growth of East Asian Economy

World Bank data indicate that economic growth rates in developing countries in East Asia and the Pacific are currently exceeding similar results in the rest of the world.

Coro Raises $100 Million
News

Coro Raises $100 Million

Coro raised $100 million following a Series D funding round to develop its cybersecurity platform designed for small and medium-sized businesses.

Westpac Announces Tech Upgrade
Finance & Economics

Westpac Announces Tech Upgrade

Australian bank Westpac has announced its intention to invest billions of dollars in simplifying its technology infrastructure over the next four years.

Chinese Property Giant Country Garden Delays Earnings
Finance & Economics

Chinese Property Giant Country Garden Delays Earnings

The troubled Chinese property giant Country Garden last Thursday, March 28, announced its decision to delay the publication of data on its financial results for the past year.

OpenAI Previews New Audio Tool
Science & Technology

OpenAI Previews New Audio Tool

OpenAI has released information about the early test results of its new artificial intelligence feature, which can read text materials aloud in the most realistic human voice.

US Reportedly to Unveil List of Chinese Chip Factories Barred From Receiving Tech
News

US Reportedly to Unveil List of Chinese Chip Factories Barred From Receiving Tech

The media reports that the United States is currently drawing up a list of advanced chip manufacturing plants in China to subsequently ban the receipt of key tools by these factories.