Report - page 97

Finance & Economics

SoftBank Poises for Best Quarter in Years

After a period of setbacks, when prospects are shrouded in fog or completely disappear into impenetrable darkness, Masayoshi Son seems to have received a reason for positive news about the activities of the SoftBank Group Corp. headed by him, which is that this business structure plunged into one of the best quarters in recent years […]

Fintech & Ecommerce

Nubank Approaches $1 Billion in Revenue

Brazilian neobank Nubank is confident that it will be able to become the largest financial services company in Latin America.

News

SMIC’s Profit Exceeds Estimates

The quarterly profit of Semiconductor Manufacturing International Corp. (SMIC) exceeded preliminary expectations.

News

Meta to Detect and Label More AI-Created Posts

Meta Platforms Inc. will expand the scope of labeling publications that were created using artificial intelligence technology on social media platforms.

News

TSMC to Open Second Japan Chip Factory

Taiwan Semiconductor Manufacturing Co., one of the world’s largest chip makers, is expanding its presence in Japan.

News

Xi Jinping Reportedly to Discuss China Stocks With Regulators

The media reported that regulators intend to inform the head of the People’s Republic of China Xi Jinping about the stock market situation.

Finance & Economics

UBS Restarts Buybacks

UBS Group AG has announced its intention to resume share buyback in the current year.

Science & Technology

Microsoft Forms AI Partnership With Startup Semafor

Microsoft has launched a partnership in the artificial intelligence industry with a news startup called Semafor.

Finance & Economics

Sri Lanka Eyes $5 Billion in Foreign Funds

Sri Lanka expects to raise about $5 billion in foreign funds over the next two years.

Finance & Economics

China’s Services Activity Expands at Slow Pace

In China, an increase in the level of activity in the local sphere of services was recorded last month, the intensity of which turned out to be lower than the indicator of preliminary expectations regarding this parameter of the functioning of the corresponding area.

News

Jeff Bezos Plans to Sell Up to 50 Million Amazon Shares

Jeff Bezos intends to sell up to 50 million shares of Amazon.com Inc. over the next 12 months.

Finance & Economics

India to Review Tax on Online Gaming

India intends to review the national sales tax regime for companies that operate in the sphere of online gaming after March of the current year.

Finance & Economics

UniCredit Shares Demonstrate Growth

UniCredit SpA Bank reported revenue, which turned out to be the highest in more than eight years.

Fintech & Ecommerce

B2B Payments to Reach $124 Trillion Globally by 2028

A new study from Juniper Research, revealed that the value of B2B payments will grow 40% by 2028, up from $89 trillion in 2024, largely due to digital payment adoption in developing markets.

Finance & Economics

IMF Chief Says About Advantage of Late Fed Rate Cuts

The head of the International Monetary Fund, Kristalina Georgieva, said that the Federal Reserve and other major central banks face great risks if they decide to ease monetary policy too early.

News

Apple Starts Vision Pro Headset Sales

Apple on Friday, February 2, launched sales of its new product, which is an augmented reality headset called Vision Pro, in the United States market.