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.
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UBS Restarts Buybacks
UBS Group AG has announced its intention to resume share buyback in the current year.
Microsoft Forms AI Partnership With Startup Semafor
Microsoft has launched a partnership in the artificial intelligence industry with a news startup called Semafor.
Sri Lanka Eyes $5 Billion in Foreign Funds
Sri Lanka expects to raise about $5 billion in foreign funds over the next two years.
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.
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.
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.
UniCredit Shares Demonstrate Growth
UniCredit SpA Bank reported revenue, which turned out to be the highest in more than eight years.
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.
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.
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.
Google Maps to Add AI-Powered Recommendations
Google Maps will soon help customers discover new places by launching a new feature powered by generative artificial intelligence technology.
Lenovo’s Bad Week Highlights Fear Over US Sanctions
Lenovo Group spent last year in high spirits, influenced by a sense of unshakeable optimism about the prospects for artificial intelligence, but 2024 began for the company in a negative scenario, showing more reasons for pessimism against the background of geopolitical tensions, including in the context of a marked deterioration in relations between the United […]
Apple Sales Boost Profits
Apple’s sales figures for the fourth quarter of 2023 signal that this giant of the technology industry, under the management of Tim Cook, is finally starting to take steps along roads of success, which was something like a natural environment for this company for a long time, but has recently become an inaccessible or hard-to-reach […]
Meta, Amazon Surge by $272 Billion
The e-commerce giant Amazon and one of the largest players in the global technological industry Meta have been focused over the past year on implementing measures aimed at reducing costs and reorienting their business.
Bank of England Opens Prospect of Rate Cuts in 2024
For the first time since the beginning of the coronavirus pandemic, the Bank of England opened the door to cut interest rates, confirming forecasts that the inflation rate will reach the target level in the coming spring, and warning of the likelihood of renewed price pressure.
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