Explained - page 3

Finance & Economics

China to Support Exporters

Chinese officials vowed to provide greater support to exporters affected by tariffs from United States President Donald Trump. thus demonstrating the desire to strengthen one of the most important sectors of the Asian country’s economic system.

Finance & Economics

US Wealthy Consumers Raise Their Spending

The situation in the consumer environment of the United States currently does not demonstrate a solidity and is a space in which people’s behavior depends on their financial capabilities, which is generally not something special or extremely rarely observed, but now the corresponding difference has become more obvious, noticeable and indicative.

Finance & Economics

IMF’s Europe Head Says About Impact of German Fiscal Boost on Euro Area

Alfred Kammer, director of the European Department at the International Monetary Fund (IMF), said that an increase in German spending on infrastructure will boost European economic growth, but at the same time will not be a factor that can outweigh the expected impact of tariffs from the United States.

Finance & Economics

China’s Industrial Profits Return to Growth

Chinese industrial profits in the first quarter of the current year showed readings indicating a return to growth.

News

Alphabet Reports Earnings

Alphabet, the parent company of Google and YouTube, last Thursday, April 24, published financial results of its activities in the first quarter of 2025, which exceeded analysts’ preliminary expectations regarding the dynamic of the relevant indicators and became a factor of favorable impact on the shares of the technology giant.

News

Chatbot Gemini Reaches 350 Million Monthly Active Users

Gemini, a chatbot from Google, reached a significant milestone in March, which is that the monthly number of active users of this virtual product has reached 350 million.

Science & Technology

Intel Reports Disappointing Forecast

Intel Corp., formerly an advanced chip manufacturer currently is trying to rise from the darkness of the problems of recent years and return to the shining heights of leadership in the microcircuits industry, which is more vital than ever at the present stage of global technological progress, has published a weak forecast for the expected […]

News

Revolut Tops $1 Billion in Profit

Revolut, a United Kingdom-based fintech company, announced on Thursday, April 24, that its annual profit exceeded the $1 billion mark for the first time.

Fintech & Ecommerce

Mastercard CEO Denies Consumer Spending Slowdown

Mastercard chief executive officer Michael Miebach stated that this company, which is one of the giants of the payment industry, currently does not observe any signs of a decrease in consumer spending, despite the fact that the results of surveys on consumer sentiment indicate a high level of concern among people about the state of […]

Finance & Economics

FBI Says Cybercrime Costs Increase

Last year, cybercrime of all kinds caused more than $16 billion in total damage to victims around the world, according to data published on Wednesday, April 23, in a report from the United States Federal Bureau of Investigation (FBI).

News

CompoSecure Launches Wallet Integration With MoneyGram

CompoSecure, a payment card and security solutions provider, has announced the integration of its Arculus Cold Storage Wallet with MoneyGram Access.

Finance & Economics

Gold Surges to New Record High

The price of gold on Tuesday, April 22, reached a new record high amid scaling and increasing concerns related to the intention of the President of the United States Donald Trump to oust Federal Reserve Chairman Jerome Powell.

Finance & Economics

IMF Cuts Economic Growth Forecasts for Most Countries

The International Monetary Fund (IMF) on Tuesday, April 22, published updated forecasts for economic growth in the United States, China, and many other countries, demonstrating in this case a more pessimistic outlook compared to previous expectations.

News

Netflix Reports Earnings

Netflix has released information about its earnings for the first quarter of 2025.

Fintech & Ecommerce

SoFi Adds Funds in Commitments to Loan Platform Business

SoFi secured agreements worth $3.2 billion for expansion to its Loan Platform Business.

Finance & Economics

KeyCorp’s Commercial Payments Business Demonstrates Growth

KeyCorp released data on its earnings, which showed growth in deposits, while the bank’s management pointed to the momentum in payments, including commercial transactions of the relevant category, which should prove resilient even amid macroeconomic difficulties related to the tariff-driven trade war.