China Stresses Plans to Boost Economic Growth
China has confirmed the recent shift in its policy and stressed plans to accelerate economic growth, which is currently facing a clear lack of upward momentum in this Asian country.
Report - page 12
ECB Cuts Interest Rates by Quarter Point
The European Central Bank on Thursday, December 12, adopted the fourth decision since the beginning of the current year on cutting interest rates, which corresponds to the preliminary expectations of experts regarding the actions of this financial regulator in the context of the dynamic of monetary policy.
Adobe to Boost Firefly AI Platform With Video Generation
Adobe plans to leverage new AI video generation technology to create new pricing tiers in its Creative Cloud offerings.
Mynt Raises $23 Million
Mynt, a spend management solution focused on small and medium-sized businesses in Nordic countries, raised investments worth 22 million euros (about $23 million) as part of the Series B funding round.
Google Launches First of Its Gemini 2.0 AI Models
Google on Wednesday, December 11, released the first version of its Gemini 2.0 line of artificial intelligence models.
China’s Monetary Shift Signals Economic Issues
Earlier this week, China’s top leadership surprised the market by signaling a shift in monetary policy stance after 14 years, which is unequivocal evidence that the economic problems faced by this Asian country are significant and require certain actions to ensure that the current situation does not gradually transform into a catastrophic crisis.
China Prepares for New Trade Tensions With US
Recently, the condition of relations between China and the United States has been on a trajectory of consistent deterioration, being a kind of process containing the risk of crossing the point of no return, beyond which the fundamental degradation of cooperation practices begins, and the future in this case does not have bright colors of […]
US Inflation Demonstrates Growth
In November, an increase in inflation was recorded in the United States.
Revolut Seeks to Become New Zealand’s First Global Digital Bank
The fintech company Revolut, headquartered in London, is focused on New Zealand as part of its ongoing international expansion.
Reddit Tests AI-Powered Answers Feature
Reddit rolls out a new artificial intelligence feature designed to help people quickly find answers to their questions based on user posts.
OpenAI Launches Sora
OpenAI has launched an artificial intelligence system called Sora, which can generate realistic videos based on text prompts from users.
Google Unveils New Chip
Google has presented a new chip, which, according to the statement of this technology giant, is what can be called a major breakthrough in the area of quantum computing, which is currently considered by many companies as the next frontier.
BofA’s CashPro App Reaches $1 Trillion Milestone
Bank of America announced that by the end of the current year, corporate clients of this financial institution will have made more than $1 trillion in approvals for payments through the CashPro App.
Long-Term Prospects of Fed’s Monetary Policy Easing Face Uncertainty
The jobs report published last week was interpreted by many experts as a kind of signal of the inevitability that in the current month, the Federal Reserve System will make another decision on cutting interest rates, but this answer to the question of what happens next faces a symbolic twilight of uncertainty.
China Consumer Inflation Drops to Five-Month Low
In China, November consumer inflation was recorded at a level that is a five-month low.
Gallagher Agrees to Buy AssuredPartners
Arthur J. Gallagher & Co has agreed to acquire insurance broker AssuredPartners.
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