Explained - page 8

News

Euro-Area Inflation Climbs to 2.3%

In the eurozone, in November the inflation figure exceeded the European Central Bank’s target of 2%, although this circumstance, as experts suggest, is unlikely to become a deterrent in the context of the implementation of the intention of the financial authorities of the region to further cut interest rates next month and later.

Finance & Economics

India’s Quarterly Economic Growth Slumps to Near Two-Year Low

In the second fiscal quarter, which ended in September, the Indian economy showed growth of 5.4% year-on-year.

Science & Technology

HP Forecasts Profit Below Estimates

Last Tuesday, November 26, HP released a forecast for its profit in the first quarter of fiscal year 2025, which turned out to be lower than Wall Street’s preliminary expectations and is evidence of unstable consumer demand in the personal computer market and caused the value of the company’s shares to fall by 8% during […]

Science & Technology

Dell Reports Earnings

Dell Technologies on Tuesday, November 26, released information about its earnings for the third quarter of fiscal year 2025 and a forecast for financial indicators for the next quarter, which turned out to be below Wall Street’s preliminary expectations, despite the optimistic statements of this company regarding the growth of artificial intelligence sales.

News

Cardless Raises $30 Million

Cardless raised investments worth $30 million as part of the funding round.

News

SoftBank Reportedly Seeks to Buy $1.5 Billion OpenAI Shares

The media, citing insiders, reported that SoftBank Group Corp. seeks to increase its stake in OpenAI by acquiring shares worth up to $1.5 billion from employees of this startup.

News

DoorDash Adds New Chains to Grocery Partner List

DoorDash adds new grocers to the list of supermarket delivery partners.

News

Orange Partners With OpenAI and Meta

French telecommunications giant Orange announced on Tuesday, November 26, that it is collaborating with OpenAI and Meta to develop custom artificial intelligence models designed to better understand regional African languages.

News

US Finalizes Chips Manufacturing Award for Intel

On Tuesday, November 26, the US Commerce Department said it was finalizing a $7.86 billion government subsidy for Intel.

Science & Technology

WEX Launches AI-Powered Enhancements to Benefits Admin Tool

Commerce platform WEX has launched new artificial intelligence enhancements to its benefits administration offering.

News

Donald Trump Vows Tariffs on China, Mexico, Canada Over Border

Donald Trump, who won the United States presidential election this month, said he would impose additional tariffs of 10% on goods imported from China and 25% tariffs on products shipped from Mexico and Canada.

Finance & Economics

UniCredit Offers to Buy Banco BPM

On Monday, November 25, Italian UniCredit announced an unexpected 10 billion euros ($11 billion) bid for domestic peer Banco BPM.

News

Intuit Adds AI-Powered Financial Assistant to QuickBooks

Intuit has added a virtual financial assistant powered by artificial intelligence to QuickBooks.

Finance & Economics

US Business Activity Gauge Demonstrates Growth

In the United States, in November, the measure of business activity reached a mark corresponding to a 31-month high.

News

UK Consumer Confidence Demonstrates Growth

In November, the United Kingdom recorded an increase in consumer confidence.

News

Japan’s October Headline Inflation Rate Falls

In Japan, headline inflation was recorded at 2.3% in October.