Xi Jinping Says China’s 2024 GDP Growth Set to Hit Target
The head of the People’s Republic of China, Xi Jinping, said that the economic system of this Asian country will show growth in 2024, which will amount to about 5%.
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Nvidia Reportedly Focuses on Robots
The media published information according to which Nvidia intends to pay active attention to the robotics sector against the background of the expected gradual increase in competition in the chip manufacturing sector.
Google CEO Tells Employees to Gear Up for Big 2025
Google chief executive officer Sundar Pichai told employees last week that the stakes are high in 2025 as the company faces increasing competition and regulatory hurdles.
Bank Insiders Leaks Data on Client Accounts
Toronto-Dominion Bank expected that the new employee would increase the efficiency of this financial institution in detecting cases of money laundering from the outpost in New York, but the final result turned out to be another example of how optimistic hopes do not match the pessimistic reality.
Goodman Group Shines Among Australian Property Companies
Goodman Group’s shares have been on an upward trajectory over the current year, performing better than other similar companies in the Australian real estate area, as the so-called artificial intelligence boom has triggered a high-intensity increase in demand for data centers.
Experts Predict China’s December Manufacturing Activity to Expand
Experts interviewed by the media are of the opinion that factory activity in China was probably on an upward trajectory in the current month, generating hopes and reasons to be optimistic about the prospects of the future for local officials, who are making efforts to stabilize the situation in the economic system of this Asian […]
South Korea Factory Output Falls
In South Korea, factory output in November showed a decline at a rate that exceeded preliminary expectations regarding the intensity of the relevant process.
Nvidia Closes Acquisition of Startup Run:ai
Nvidia Corp. closed the deal to acquire the Israeli startup Run:ai, gaining software, which helps owners of intelligence computing gear get the most out of their hardware.
Siemens Reviews Healthineers Majority Stake
Siemens AG is currently reviewing its majority stake in the medical technology subsidiary of Siemens Healthineers.
Japan’s Factory Activity Shrinks
In Japan, factory activity remained in the zone of a decrease in December, but at the same time, the pace of the corresponding process slowed down.
Ransomware Transforms to Billion-Dollar Industry
Ransomware is currently what can be called an industry since the financial volume of the relevant space for illegal activities in a virtual environment already amounts to billions of dollars.
Nidec Makes $1.6 Billion Unsolicited Bid for Makino
Nidec Corp. offers 257.3 billion yen ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company.
Foxconn Invests in AI Data Center Firm
Foxconn, a giant in the global electronics manufacturing sector, is partnering with Zettabyte, a company specializing in artificial intelligence infrastructure.
HomeStreet Agrees to Sell $990 Million in Loans to Bank of America
The parent company of HomeStreet Bank, which is based in Seattle, has agreed to sell to Bank of America loans for a multifamily commercial property worth $990 million.
US Airlines Say Goodbye to Difficult Year
The current year turned out to be a busy period in terms of the number of events that occurred in the United States aviation sector, but the string of news from the relevant sphere activities was clearly not unambiguously positive and contained a lot of negative information that has sensitive consequences for companies in the […]
China Revises Up 2023 GDP
On Thursday, December 26, China revised upward the size of its economy by 2.7%.
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