UK Retail Sales Demonstrate Positive Dynamic
In the United Kingdom, retail sales in the first two months of the current year turned out to be higher than preliminary expectations.
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German Business Outlook Improves
In Germany, an improvement in business outlook was recorded, which turned out to be higher than preliminary expectations and gave rise to cautious hopes that the country’s economic system would leave the downturn zone, which turned it into a kind of outsider of the eurozone.
Fintech Akulaku Secures HSBC Financing
Online lending platform Akulaku, which operates in Southeast Asia and is backed by Alibaba, secured $100 million in debt financing from HSBC, based in London.
Nvidia Unveils Humanoid Robot Project
Nvidia begins the history of its presence in the humanoid robotics area.
Swiss National Bank Unexpectedly Cuts Its Key Interest Rate
The Swiss National Bank (SNB) has made an unexpected decision to cut its key interest rate by 25 basis points.
Intel Plans to Spend $100 Billion on Chip Plants
Intel intends to spend $100 billion in four US states to build and expand chip manufacturing plants.
Galileo Expands BNPL Offering
Galileo Financial Technologies is expanding its Buy Now, Pay Later (BNPL) offer.
India Seeks to Be Global Chip Powerhouse
Ashwini Vaishnaw, India’s minister of electronics and information technology, railways, and communications, during a conversation with media representatives, said that this country is striving to be on the list of the world’s five largest semiconductor manufacturers within the next five years.
Adobe Faces Its Biggest Downturn in More Than 20 Years
On Friday, March 15, a decrease in the price of Adobe shares was recorded after the company released its sales outlook for the current quarter, which turned out to be disappointing compared to preliminary expectations regarding what commercial goals the firm sets for itself.
US Wants to Help Philippines Double Its Semiconductor Facilities
US Commerce Secretary Gina Raimondo on Tuesday, March 12, during a speech at a business forum in Manila, said that Washington wants to help the Philippines double its chip-making production capacity.
Airbnb Bans Indoor Security Cameras
The short-term rental housing platform Airbnb on Monday, March 11, announced that it prohibits the use of indoor security cameras on premises around the world.
Gold Prices Demonstrate Prospects for Continued Growth
In the foreseeable future, the record growth in gold prices may continue, as investors expect that shortly central banks will begin to implement monetary easing policies, within which interest rates will be lowered.
China to Establish $27 Billion Chip Fund
China is currently on its way to establishing the largest chip fund, which will become a kind of organization designed to counter the restrictions from the United States in the sphere of access to advanced microcircuits.
MoneyLion Adds AI to Personal Financial Management Platform
MoneyLion has added a premium membership offer and an artificial intelligence-based search feature to its personal finance management platform.
TSMC Reports Earnings
Taiwan Semiconductor Manufacturing Co. (TSMC) recorded revenue growth in the first two months of the current year.
China’s Exports Exceed Forecasts
In China, export and import figures for January and February exceeded preliminary expectations, which is evidence of the intensification in the sphere of world trade and at the same time a signal of positive prospects for Asian country politicians in the context of their efforts to improve the situation associated with the slowdown in the […]
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