Report - page 25

News

Xi Jinping Says China’s 2024 GDP Growth Set to Hit Target

The head of the People’s Republic of China, Xi Jinping, said that the economic system of this Asian country will show growth in 2024, which will amount to about 5%.

News

Nvidia Reportedly Focuses on Robots

The media published information according to which Nvidia intends to pay active attention to the robotics sector against the background of the expected gradual increase in competition in the chip manufacturing sector.

Science & Technology

Google CEO Tells Employees to Gear Up for Big 2025

Google chief executive officer Sundar Pichai told employees last week that the stakes are high in 2025 as the company faces increasing competition and regulatory hurdles.

Finance & Economics

Bank Insiders Leaks Data on Client Accounts

Toronto-Dominion Bank expected that the new employee would increase the efficiency of this financial institution in detecting cases of money laundering from the outpost in New York, but the final result turned out to be another example of how optimistic hopes do not match the pessimistic reality.

News

Goodman Group Shines Among Australian Property Companies

Goodman Group’s shares have been on an upward trajectory over the current year, performing better than other similar companies in the Australian real estate area, as the so-called artificial intelligence boom has triggered a high-intensity increase in demand for data centers.

News

Experts Predict China’s December Manufacturing Activity to Expand

Experts interviewed by the media are of the opinion that factory activity in China was probably on an upward trajectory in the current month, generating hopes and reasons to be optimistic about the prospects of the future for local officials, who are making efforts to stabilize the situation in the economic system of this Asian […]

Finance & Economics

South Korea Factory Output Falls

In South Korea, factory output in November showed a decline at a rate that exceeded preliminary expectations regarding the intensity of the relevant process.

Finance & Economics

UBS Boss Warns Against Excessive Banking Regulation

UBS chief executive officer Sergio Ermotti said on Monday, December 30, that Switzerland should not set such rules for the country’s banking sector that would put it in a disadvantageous position.

News

Nvidia Closes Acquisition of Startup Run:ai

Nvidia Corp. closed the deal to acquire the Israeli startup Run:ai, gaining software, which helps owners of intelligence computing gear get the most out of their hardware.

Finance & Economics

Siemens Reviews Healthineers Majority Stake

Siemens AG is currently reviewing its majority stake in the medical technology subsidiary of Siemens Healthineers.

Finance & Economics

Japan’s Factory Activity Shrinks

In Japan, factory activity remained in the zone of a decrease in December, but at the same time, the pace of the corresponding process slowed down.

News

Ransomware Transforms to Billion-Dollar Industry

Ransomware is currently what can be called an industry since the financial volume of the relevant space for illegal activities in a virtual environment already amounts to billions of dollars.

Fintech & Ecommerce

One-Click Checkout Is Most Desired Feature for U.S. Merchants

A recent report indicates that 45% of U.S. online merchants have requested one-click checkout solutions from their payment service providers (PSPs) in an effort to enhance conversion rates.

News

Bitcoin Falls Below $94K

Bitcoin’s price fell to $93,700, a significant drop from its all-time high of about $108,000 registered on December 17.

Finance & Economics

Nidec Makes $1.6 Billion Unsolicited Bid for Makino

Nidec Corp. offers 257.3 billion yen ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company.

Science & Technology

Foxconn Invests in AI Data Center Firm

Foxconn, a giant in the global electronics manufacturing sector, is partnering with Zettabyte, a company specializing in artificial intelligence infrastructure.