Report - page 7

Finance & Economics

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 […]

News

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.

News

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.

Science & Technology

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.

News

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.

News

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.

News

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.

News

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.

News

Meta Expects AI Characters to Generate Content

Meta expects to see artificial intelligence characters that will generate content on social media platforms that are part of its digital ecosystem.

Science & Technology

OpenAI Outlines New For-Profit Structure

OpenAI on Friday, December 27, outlined plans to revamp its structure.

Finance & Economics

HomeStreet Agrees to Sell $990 Million in Loans to Bank of America

The parent company of HomeStreet Bank, which is based in Seattle, has agreed to sell to Bank of America loans for a multifamily commercial property worth $990 million.

Finance & Economics

US Airlines Say Goodbye to Difficult Year

The current year turned out to be a busy period in terms of the number of events that occurred in the United States aviation sector, but the string of news from the relevant sphere activities was clearly not unambiguously positive and contained a lot of negative information that has sensitive consequences for companies in the […]

News

India Sees Economic Growth at 6.5%

The Indian government partially blamed the central bank of this South Asian country for the tight monetary policy, saying that the corresponding strategy of the financial regulator is the reason for the weak performance of the local economy, and stating expectations that growth in the second half of fiscal year is likely to accelerate amid […]