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UK Consumer Confidence Demonstrates Growth

Thu, 21 Nov 2024 23:59:57 +0300

In November, the United Kingdom recorded an increase in consumer confidence. The mentioned dynamic was fixed after the budget ended uncertainty over the tax and spending plans of the new Labour government of the UK. Research company GfK said its key sentiment gauge rose by three points to minus 18. The corresponding result is that […]

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Japan’s October Headline Inflation Rate Falls

Thu, 21 Nov 2024 23:58:12 +0300

In Japan, headline inflation was recorded at 2.3% in October. It is worth noting that the mentioned indicator is the lowest since January. In September, headline inflation in Japan was fixed at 2.5%. The core inflation rate in the Asian country was 2.3% in October. In September, this indicator was fixed at 2.4%. It is […]

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China Announces Policy Measures to Boost Trade

Thu, 21 Nov 2024 23:56:00 +0300

The ministry of commerce of China on Thursday, November 21, announced policy measures aimed at stimulating the foreign trade activities of this Asian country. The mentioned measures include a pledge to strengthen financial support for companies and expand agricultural products exports. It is worth noting that there is currently concern about the likelihood that Donald […]

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Elon Musk’s xAI Reportedly Raises $5 Billion

Thu, 21 Nov 2024 23:15:20 +0300

The media reported that Elon Musk’s startup xAI, which operates in the space of the artificial intelligence industry, was able to raise investment funds for $5 billion as part of a financing round. Currently, the mentioned startup is valued at $50 billion. According to media reports, the total amount of investments that were raised by […]

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ECB Representatives Say About Prospects of Cutting Interest Rates

Thu, 21 Nov 2024 22:00:03 +0300

European Central Bank (ECB) Governing Council member Yannis Stournaras on Thursday, November 21, during a conversation with media representatives, said that this financial regulator should decide on cutting interest rates at each regular meeting on monetary policy issues until the cost of borrowing is fixed at such a mark, which will neither restrict nor stimulate […]

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Web3 Developer Salaries in 2024: Trends, Insights, and Opportunities

Thu, 21 Nov 2024 19:00:02 +0300

The digital economy is undergoing a seismic shift, with Web3 technologies reshaping how we interact, transact, and create value online. At the heart of this evolution are Web3 developers—engineers who specialize in blockchain, decentralized applications (dApps), smart contracts, and other decentralized technologies. As demand for Web3 talent soars, salaries in this field are becoming a […]

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The Evolving Landscape of Banking: Digital Transformation and Its Impact on the Future of Financial Services

Thu, 21 Nov 2024 17:54:58 +0300

Banking has undergone a dramatic transformation in the last few decades, evolving from traditional in-person interactions to digital-first services. This shift has been largely driven by technological advances, changing consumer expectations, and the increasing demand for convenience, security, and accessibility. The future of banking will likely be defined by further technological integration, the adoption of […]

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The Booming THC Vape Industry: Trends and Opportunities in 2024

Thu, 21 Nov 2024 17:52:47 +0300

With each passing day in 2024, there seems to never be a slow day in the expansion of the THC vape business. This particular niche segment that initially seemed to lag behind the traditional cannabis products ecosystem has now transformed into an innovative and consumer-driven segment of the industry brimming with endless possibilities. With a […]

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Comparative Analysis: Digital Signage vs. Traditional Advertising ROI

Thu, 21 Nov 2024 17:47:21 +0300

As technology advances, the effectiveness of older advertising has been in decline. One area, that of digital signage, is replacing legacy methods because of the excellent benefits and higher ROI (return on investment). Digital signage for enterprise from providers like Kitcast, work in real time making it more effective than static billboards , flyers, press […]

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Argentex Expands to UAE

Thu, 21 Nov 2024 17:27:05 +0300

Argentex innovative currency risk management and payment solutions are now available in the UAE Argentex, a UK-based foreign exchange and financial services provider, has expanded its operations to the United Arab Emirates (UAE) by establishing an office in the Dubai International Financial District (DIFC). The company will operate in the region as Argentex (DIFC) Ltd, […]

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Canadian Holiday Sales to Increase 2.2% This Season

Thu, 21 Nov 2024 17:07:45 +0300

Mastercard SpendingPulse reveals encouraging signs for Canadian holiday retail sales, with several factors enhancing consumers’ purchasing power. Mastercard’s annual SpendingPulse report, which measures in-store and online retail sales indicators, estimated?that Canadian total retail sales are expected to increase 2.2% year-over-year (YoY) this holiday season, which covers the period between ?November 1 and December 24. Consumers […]

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Robinhood to Acquire TradePMR Portfolio Management Platform

Thu, 21 Nov 2024 16:14:06 +0300

Robinhood acquisition of TradePMR will help it offer better investment advisory services by integrating a well-established platform that serves around 350 firms and manages over $40 billion in assets. Robinhood, the crypto-friendly financial services company, has announced its intention to acquire TradePMR, a custodial and portfolio management platform for Registered Investment Advisors (RIAs). The two […]

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Over Half of U.S. Consumers to Tap Credit for Holiday Shopping

Thu, 21 Nov 2024 00:39:00 +0300

The impact of rising costs and limited budgets is evident in consumer sentiment in the U.S. this holiday season, as about 68% are worried about affording gifts and more than half will be forced to use credit solutions for holiday shopping. November survey by U.S. News and World Report revealed that 68% of Americans are […]

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Nvidia Reports Earnings

Wed, 20 Nov 2024 23:59:52 +0300

Nvidia on Wednesday, November 20, released information about its earnings for the quarter ended October 27. The mentioned figures exceeded preliminary expectations. Also, the information that was published by Nvidia on Wednesday was evidence that the company continues to move along a growth trajectory, and demand for its powerful artificial intelligence chips remains high. Moreover, […]

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Fed’s Michelle Bowman Calls for Cautious Approach on Interest Rates

Wed, 20 Nov 2024 23:58:50 +0300

Federal Reserve Governor Michelle Bowman, one of the most hawkish policymakers of the central bank of the United States, on Wednesday, November 20, called for a more cautious approach in the context of actions on cutting interest rates, noting that the dynamic of inflation still contains reasons for concern, and the labor market is strong. […]

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Goldman Sachs CEO Sees Robust Capital Markets Next Year

Wed, 20 Nov 2024 23:57:44 +0300

Goldman Sachs chief executive officer David Solomon expects capital markets to be more robust next year. The mentioned statement was made by the head of the specified financial institution during a conversation with media representatives on Wednesday, November 20. It is worth noting that the point of view of David Solomon is part of a […]

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KPMG Launches AI Partnership With Google Cloud

Wed, 20 Nov 2024 23:30:55 +0300

KPMG will spend $100 million on its enterprise services in the artificial intelligence area over the next four years. The mentioned intention is part of a partnership in the machine intelligence sector between the specified professional services giant and Google Cloud. The corresponding statement was made by Steve Chase, vice chair of artificial intelligence and […]

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BioCatch Launches Financial Crime Intelligence Network

Wed, 20 Nov 2024 23:00:23 +0300

BioCatch, which specializes in developing fraud prevention solutions, announced the launch of what it described as the world’s first interbank network for the sharing of information on financial crimes. It is worth noting that in this case, data based on behavior is implied. The press release, which was published on Wednesday, November 20, contains information […]

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Tarabut & Geidea to Explore SME Financing

Wed, 20 Nov 2024 22:22:03 +0300

Tarabut Gateway and Geidea partnered to improve financing access for small and medium-sized enterprises (SME) in Saudi Arabia. The prominent MENA open banking platform Tarabut joined efforts with Saudi Arabian payment solutions provider Geidea to address the financing gap faced by over 1.3 million SMEs in Saudi Arabia, which collectively lack access to more than […]

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Payhawk Collaborates With JPMorgan Payments

Wed, 20 Nov 2024 21:22:31 +0300

Payhawk, a company specializing in functional solutions for expense management, has started cooperating with JPMorgan Payments. As part of the mentioned partnership, Payhawk will use the JPMorgan Payment API. In this case, customers will be allowed to store, exchange, and send money in more than 30 currencies. The relevant information is contained in a press […]

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