Reported about 1 month ago
US Treasury Secretary Scott Bessent announced that President Trump is prioritizing issues related to mortgages, cars, and real wage growth, as part of a broader strategy to improve American affordability. Following a significant reduction in tariffs on China, Bessent emphasized that the aim is to support strategic necessities in the manufacturing sector while addressing skyrocketing housing and car ownership costs that are burdening American families.
Source: YAHOO
Reported about 1 month ago
Meta is negotiating a potential multibillion-dollar investment in Scale AI, a company specializing in data tagging for AI models. Founded by 28-year-old Alexandr Wang, Scale AI plays a crucial role in developing large language models and is expected to generate $2 billion in revenue this year. Wang advocates for a national AI data reserve to enhance U.S. competitiveness in AI as the company further engages with the government and moves towards advanced AI systems.
Source: YAHOO
Reported about 1 month ago
Northern Accountants, based in Leeds, has formed a new strategic advisory board comprising three non-executive directors to guide the firm towards a revenue target of £7.8 million as part of its five-year plan to become one of the UK's top 100 accounting firms. The board includes Anna Masheter, who will enhance talent capabilities; Katie Mallinson, focusing on marketing strategy; and Nick Washbourne, who aims to develop the business. Their collective expertise is expected to play a crucial role in achieving the company's ambitious growth objectives.
Source: YAHOO
Reported about 1 month ago
The UAE is experiencing significant growth in power capacity, driven by mega projects and increasing electricity demand spurred by population growth and urban development. By 2035, the country's power capacity is projected to reach 79.1GW, primarily through gas-based thermal power. This expansion is fostering investment opportunities and necessitating the modernization of energy infrastructure, alongside a strategic shift towards renewable and nuclear energy to diversify energy sources.
Source: YAHOO
Reported about 1 month ago
Fiserv has agreed to acquire the remaining 49.9% stake in AIB Merchant Services (AIBMS), a joint venture with AIB Group established in 2007, which provides payment solutions and e-commerce services in Ireland and Europe. Post-acquisition, AIB Group will continue referring clients to AIBMS, which will operate under its existing brand for a transitional period. The deal is expected to finalize in the third quarter of this year, pending regulatory approval.
Source: YAHOO
Reported about 1 month ago
BNP Paribas has announced plans to close 200 retail branches in France by 2027 as part of a strategy to boost profitability. The bank will shut about 80 branches this year and an additional 120 next year, potentially leading to a 5% annual reduction in branch staff. The move aims to shift focus towards online and telephone banking services, with alternatives offered to affected employees. The restructuring is part of a broader initiative to enhance the bank's retail banking division under new leadership.
Source: YAHOO
Reported about 1 month ago
Flipkart已從印度中央銀行(RBI)獲得貸款許可，將能夠直接向客戶和賣家提供貸款，這是印度首個授予電子商務實體的非銀行金融公司(NBFC)牌照。Flipkart計劃通過其電子商務平台和金融科技應用程序提供貸款，並可能為平台上的賣家提供融資選擇。目前，Flipkart與多家銀行合作，提供個人貸款。
Source: YAHOO
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
TGS与Oseberg合作推出新产品，为勘探与生产（E&P）公司提供丰富的租赁和法规数据，旨在提升TGS的井数据分析平台。这一集成允许用户访问美国德克萨斯州、新墨西哥州和俄克拉荷马州的租赁所有权信息，有助于简化井计划、降低法律和运营风险。该合作还将支持并购分析、项目规划和资源管理，使E&P公司能够快速验证土地所有权，并优化发展策略。
Source: YAHOO
Reported about 1 month ago
不盈利的消费者组织Which?日前针对英国零售商Sports Direct的定价策略展开调查，质疑其网站上所使用的参考价格（如推荐零售价）可能并不真实。研究发现，Sports Direct所宣称的节省并未在其他在线零售商中得到证实，促使人们呼吁英国竞争与市场管理局对此展开调查。这一事件再次引发消费者对Sports Direct定价透明度的担忧。
Source: YAHOO
Reported about 1 month ago
IonQ has announced its acquisition of UK-based Oxford Ionics for $1.08 billion, aiming to strengthen its research capabilities in quantum computing. The deal, which is anticipated to close this year, aligns with the growing interest and investment in quantum technology. Oxford Ionics specializes in innovative qubit control methods, vital to quantum computing advancements. The acquisition is expected to further establish IonQ's position in the evolving landscape of quantum technologies, which hold significant potential for various industries.
Source: YAHOO
Reported about 1 month ago
Sunnova Energy has filed for Chapter 11 bankruptcy in the U.S. due to overwhelming debt and declining demand for residential solar panels. The company reported assets and liabilities between $10 billion to $50 billion, alongside a total debt of $10.67 billion. The filing follows significant layoffs and is part of broader challenges facing the U.S. solar energy sector, compounded by rising interest rates and reduced government incentives.
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: YAHOO
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: WSJ
Reported about 1 month ago
Source: YAHOO