Report - page 110

News

Analysts Predict Rebound in PC Sales in 2024

Analysts at Canalys said that next year, the decline in sales in the personal computer market is highly likely to end, since, according to their observations of the mood and plans in the consumer environment, there is currently a trend towards a gradual restoration of interest to the purchase of relevant devices.

Fintech & Ecommerce

US Holiday Retail Sales Grow 3.1%

Mastercard SpendingPulse estimated that this year’s holiday in-store and online retail sales grew 3.1% year over year.

News

Morgan Stanley Expects Record Japan Revenue

Morgan Stanley expects that shortly its income generated as a result of operating in Japan will be fixed at the level that is the highest in the history of its presence in this country.

News

Swiss Finance Minister Says About Need for New Rules After Credit Suisse Crisis

Swiss Finance Minister Karin Keller-Sutter said that the purchase of Credit Suisse by the UBS Group was a less risky step, noting the need for the government of this country to take measures capable of providing a high level of protection to taxpayers in the event of a crisis in the banking sector.

News

US Home Prices Hit Another Record High

In October, housing costs continued to rise in the United States.

Science & Technology

Apple to Fight Watch Ban in Court

The White House did not lift the ban on the sale of Apple smartwatches in the United States market.

Science & Technology

Intel to Invest $25 Billion in Israel

Intel has confirmed its intention to invest $25 billion in Israel.

Science & Technology

Samsung Reportedly Delays Production at New US Factory

Media reports that South Korean company Samsung Electronics Co. has postponed plans to launch mass production at its new chip manufacturing plant in Taylor, Texas.

Finance & Economics

Singapore November Core Inflation Demonstrates Subdued Demand

In Singapore, core inflation showed a dynamic of the decline in November.

News

China Stimulates Asia-Pacific Demand for Sustainable Finance

Analysts and fund managers predict that next year, investing in companies and industrial sectors to create a kind of economic base for their transition to a low-carbon future will become the dominant trend in China and the Asia-Pacific region, as demand for sustainable financial products continues to remain high here, despite the current interest rate […]

News

Four Chinese AI Models Pass Official Assessment

In China, the first group of four large generative artificial intelligence models has passed an official assessment of compliance with standards.

Fintech & Ecommerce

Alibaba Promotes Millennials to E-Commerce Leadership Roles

Alibaba Group Holding is pushing millennials, who are representatives of the generation born in the early 1980s – mid-1990s, to take leading roles in the Chinese online market, since currently this e-commerce giant, based in Huangzhou, is going through a kind of transformation period to resist the pressure of competitors such as PDD Holdings.

Finance & Economics

UK Ethnic Minority Businesses Are Twice More Ambitious Than SMEs Overall

Recent UK research showed that almost 6 in 10 ethnic minority-owned businesses (EMBs) have ambitions to both grow and take risks, significantly higher than the overall percentage of SMEs nationwide (27%).

Science & Technology

China’s Instagram Rival Xiaohongshu Approaches for 2023 Net Profit

The Chinese social network Xiaohongshu Technology Co., which in terms of functional content resembles Instagram in many ways, plans to make a profit this year.

News

OpenAI Reportedly Plans to Raise New Funding

Media outlets, citing insiders, report that OpenAI is currently discussing the possible holding of a new round of fundraising for at least $100 billion.

News

South Korea Fines Global Banks for Illegal Naked Short Selling

South Korea has decided to impose a total fine of 26.5 billion won ($20.4 million) on two global investment banks and a local unit of an international company for involvement in naked short selling.