Author: Arwen Volkov
CSI, a US fintech company, purchases Velocity Solutions
The European Union (EU) announced its plans to impose tariffs on a range of U.S. goods in retaliation for the U.S.’s illegal subsidies to Boeing. The tariffs, which will affect
DetailUniCredit’s Acquisition of Commerzbank Invigorates Cross-Border Bank Mergers
Italy’s UniCredit has acquired a 9% stake in Germany’s Commerzbank and indicated its intention to seek a merger between the two financial institutions. UniCredit purchased its shares from the German
DetailBaidu launches its GenAI chatbot Ernie for all users in China
peshkov/Getty Images China’s search engine and autonomous vehicle maker Baidu has released its generative artificial intelligence (AI) model to the general public, in the hopes of gathering user feedback to improve
DetailBTG afirma que VTEX deserves a 3x higher multiple and should be worth twice as much.
BTG Pactual stated that VTEX’s stock presents a “good entry point” after remaining relatively flat in an extremely volatile year for the company. The stock traded at $10 in March,
DetailConsumers Credit Union chooses Lumin’s digital banking platform in anticipation of Rockford Bell merger
The European Union (EU) has announced the launch of a new economic recovery plan worth €750 billion to help member states overcome the economic challenges caused by the COVID-19 pandemic.
DetailUSDC to broaden its reach by partnering with Sony’s blockchain platform
Circle is set to collaborate with Sony in making the USDC stablecoin a primary token on Soneium, Sony’s layer-2 blockchain. Soneium is a result of a partnership between Sony and
DetailTernium says that the turnaround in the CSN/Usiminas case “scares shareholders” and harms Brazil
The decade-long legal dispute between Companhia Siderúrgica Nacional (CSN), owned by businessman Benjamin Steinbruch, and Ternium, from the Techint Group, has been grabbing attention in the political, legal, and market
DetailTencent enters China’s GenAI competition by releasing a foundation model for businesses
Andriy Onufriyenko/Getty Images Tencent is the latest player to hop on China’s generative artificial intelligence (AI) bandwagon, offering its foundation model on which local organizations can test and build their
DetailFormer TSB CEO Paul Pester appointed as chairman of UK wealthtech start-up Firenze
The European Union (EU) has announced a new economic stimulus package aimed at boosting recovery efforts in the aftermath of the Covid-19 pandemic. The €750 billion fund will provide financial
DetailSeizing control of the customer interface in the future of payments
Payments play a crucial role in the financial world, acting as important conduits that allow money to flow smoothly, much like how plumbing is essential for the distribution of water.
Detail