Explained - page 3

Finance & Economics

Wall Street Reportedly Prepares to Private Equity-Fueled IPO Revival

The media reported that Wall Street banks are currently preparing for a rebound related to private equity companies turning to the equities markets to offload some of their high-profile holdings.

News

Global Chip Stocks Demonstrate Increase

Global semiconductor stocks on Monday, January 6, demonstrated growth after contract electronics giant Foxconn announced record fourth-quarter revenue, a testament that the so-called artificial intelligence boom has room to run.

Finance & Economics

German Inflation Demonstrates Growth

In Germany, inflation showed an increase in December which turned out to be higher compared to the initial expectations regarding the intensity of the dynamic of this indicator.

News

Fintechs Ramp Up Advertising Spending

Advertising has long ceased to be something unusual as a kind of social and, at the same time, in a sense, an economic phenomenon from the point of view of its own existence as a factor impacting the commercial performance of individual industries and brands, which means that people are accustomed to the fact that […]

News

Shipments to China of Foreign-Branded Smartphones Decline

Shipments to China of smartphones from foreign brands in November fell by 47.4% compared with a year ago, according to data published in the current week by the research company affiliated with the government of the Asian country.

News

China Proposes New Export Curbs on EV Technology

China is currently considering restricting exports of technologies used for extracting minerals, which are critical to the growth of the global electric vehicle industry.

News

DOT Fines JetBlue

The United States Department of Transportation has penalized JetBlue Airways for $2 million for flight delays.

News

Joe Biden Blocks Sale of U.S. Steel to Japan’s Nippon Steel

President of the United States Joe Biden on Friday, January 3, officially blocked Nippon Steel’s proposed purchase of U.S. Steel in the framework of the deal worth $14.9 million.

Fintech & Ecommerce

Infinant Raises $15 Million

Infinant raised $15 million in a Series A financing round.

News

Singapore’s Economic Growth Surpasses Estimates

Singapore has reported economic growth in the last three months of 2024, the pace of which exceeded preliminary expectations regarding the intensity of the dynamic of this indicator.

Science & Technology

Silicon Valley Stifles AI Doom Movement

Over the past few years, some experts in the technology area, with varying degrees of anxiety contained in their statements and assumptions, have been warning that advanced artificial intelligence systems could become a threat to humanity, but these are just hypothetical scenarios, the potential implementation of which does not exactly belong to the category of […]

Finance & Economics

China’s Factory Activity Growth Misses Expectations

The growth of factory activity in China in December showed a pace that turned out to be lower than the preliminary expectations of experts and became clear evidence that the stimulus measures imposed in the second half of 2024 are not enough to significantly boost the economic system of this Asian country.

News

South Korea Export Growth Rebounds

In December, South Korean exports showed an acceleration in growth, exceeding preliminary market expectations and ending 2024 with record indicators, as evidenced by trade data released on Wednesday, January 1, which does not negate the risks relevant for 2025.

Finance & Economics

Macau 2024 Casino Revenues Top Official Estimate

Casino revenues in Macau, the world’s largest gambling hub, grew by almost 25% last year, but at the same time remains below the levels seen before the coronavirus pandemic.

News

World’s 500 Richest People Surpass $10 Trillion in Wealth

In 2024, the overall wealth of 500 of the richest people in the world showed growth.

News

Boeing Shares Fall

The value of shares of Boeing is currently on a downward trajectory.