In the United Kingdom, the executives of local companies appealed to the Bank of England to lower interest rates shortly, arguing that this decision by the financial regulator would be able to support the country’s weakening economic system after the so-called depressed confidence turned out to be at a four-month low.
HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France.
Meta has reduced the cost of the Quest 2 virtual reality headset.
A private gauge of factory activity in China showed an increase in December.
Last month, the People’s Bank of China injected almost $50 billion into policy-oriented lenders.
The Dutch company ASML, which specializes in the manufacture of equipment for the production of chips, announced an order received from the Netherlands government to stop supplying some of its products to China.
Nokia Oyj said it will not be able to meet its annual forecast for sales, operating margin, and free cash flow.
Ridesharing giants Uber and Lyft achieved good results in 2023, the main one being revenue growth, but 2024 will be a period of difficulties for them.
B2B Payment Platform OnlineCheckWriter.com expanded the geography of using its cloud banking service.
GitHub has made its Copilot Chat generally available to organizations and individuals.
In December, shipments of goods produced by South Korean companies to the United States exceeded exports to China.
Zoomcar, an Indian peer-to-peer carsharing platform that targets emerging markets, has gone public.
Binance was able to demonstrate the growth of its business, despite numerous litigation with regulators.
It is reported that several publishers of news media met with representatives of OpenAI to discuss licensing their content for the subsequent use of these materials in the training of artificial intelligence models.
In China, local officials have released information on their priorities for next year, which includes, among other things, promises from some of the country’s most financially secure provinces to become a driving force in stimulating the growth of the state’s economy.
In 2023, Huawei Technologies Co.’s preliminary total revenue showed growth of 9% year-on-year.
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