AMD’s Market Value Tops $300 Billion
Shares of Advanced Micro Devices (AMD) Inc. last Thursday, February 29, showed a rapid increase in cost.
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Equifax Launches Fraud Prevention KYB Tool
Equifax is launching the Know Your Business (KYB) solution, with which American lenders and businesses will be able to make more informed decisions about gaining new accounts or vendors.
Chinese Authorities to Discuss Economic Growth Goals
The annual legislative meeting will be held in Beijing next week, during which the goal of China’s economic growth and plans to achieve it will be discussed.
France’s Inflation Rate Falls
In February, the inflation rate in France showed a slowdown to a level that is the lowest since September 2021.
Swiss Economy Demonstrates Growth
As the results of last year, the Swiss economic system unexpectedly maintained a positive dynamic, even though the manufacturing sector in this country continues to be a factor of negative impact on the corresponding growth prospects.
China Reportedly Aims to Shrink Scale of Quantitative Trading Strategy
The media, citing anonymous insiders, report that local regulators in China are currently taking measures aimed at gradually reducing the scale of implementation of the popular quantitative trading strategy.
Standard Chartered CEO Says About Significance of Environmentally Conscious Investing
Bill Winters, Executive Director of Standard Chartered, believes that environmentally conscious investment will benefit from the term of business interests in the context of the prospects for developing players in this sector.
Swiss National Bank Fixes High Demand on Cash
Swiss residents continue to opt for banknotes and coins, despite the scaling of mobile payment apps and predictions that the era of the so-called cashless society will come in the future.
Nvidia Nears to Top $2 Trillion Valuation
Nvidia Corporation is currently approaching becoming the first semiconductor company with a market value of $2 trillion.
US Manufacturing Activity Demonstrates Growth
It was fixed the increase in manufacturing activity in the United States.
World Bank Declares Importance of Much Faster Growth of Emerging Economies
The World Bank, which is based in Washington, D.C., warns that the high cost of borrowing has become a factor that has dramatically changed the need of developing countries to stimulate economic growth that demonstrates such features that can be described as sluggishness and weakness within the framework of the simplified formulation method.
Capital One to Acquire Discover Financial Services
Capital One has announced the acquisition of Discover Financial Services.
Airlines to Scan People’s Faces Instead of IDs
Experts believe that in the foreseeable future, the practice may become a reality, in which aircraft passengers will show their faces during boarding instead of presenting an identity card.
U.S. Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
U.S. Bank on Thursday, February 15, reported that over the past few months, more than 200 of its clients have received approval to get personal loans using technology and a credit intelligence network, which was enabled as part of the implementation of the partnership between this financial institution and Pagaya Technologies.
OpenAI Launches Text-to-Video Model
OpenAI, which became world-famous after launching its artificial intelligence-based chatbot called ChatGPT, presented a new Sora product.
UK Falls Into Recession
The recession has become an economic reality in the United Kingdom, as evidenced by official data published by the Office for National Statistics (ONS) on Thursday, February 15.
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