Tag: algorithms

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Indonesia Opens Domestic Carbon Market to Foreign Buyers

Indonesia's domestic carbon exchange opens trading to foreign participants, aiming to restore its position as a major hub for offsets and attract more investment for local climate action.

Paytm Sales Slide Again as Recovery Effort Continues

Paytm's revenue declines for the fourth quarter as it recovers from regulatory challenges. The Indian fintech company saw a 36% drop in revenue to $211 million, but net loss narrowed to $24 million. Paytm is seeking regulatory approval to become a payments aggregator and has sold non-core businesses to cut expenses.

Rakuten's AI Gamble: Telecom Arm Key to Future Growth

Rakuten's mobile business, despite losses, is crucial for future AI-driven growth, says the company's chief, who sees an opportunity in Japan's digital and AI adoption lag.

Cyclone Delays Australia's Major Iron Ore Exports

Cyclone Sean strengthens, shuts major iron ore ports in northwest Australia