Tag: innovation

Mexico's central bank chief says the country's inflation slowdown allows for further interest rate cuts, but tariffs pose a risk.

Published on: February 10, 2025, 12:04 PM UTC

Shopify's AI-powered e-commerce platform, Shopify Magic, empowers small businesses to automate tasks, enhance customization, and grow their online stores amidst challenging retail conditions.

Published on: February 10, 2025, 12:01 PM UTC

Itau Unibanco, Latin America's largest bank, has outperformed its competitors due to its predictable and steady approach in a challenging economic environment. Its competitive advantages, such as a large client base, strong brand, and profitability, have attracted investors, making it the only Brazilian bank with no "sell" recommendations. Itau has strategically ceded ground in some markets to fintechs while reshaping its business, maintaining profitability and expansion. However, challenges remain, including potential impacts from a slowing Brazilian economy and rising interest rates, which could affect its loan book growth and return on equity.

Published on: February 10, 2025, 12:00 PM UTC

Jiangsu Lopal Tech and Contemporary Amperex Technology are restarting their lithium refinery in China after a five-month halt, potentially further suppressing lithium prices.

Published on: February 10, 2025, 12:00 PM UTC

Tech stocks take a hit on concerns over lackluster guidance and plans for record capital investment. AI network stocks emerge as potential beneficiaries, with Ciena, Coherent, Celestica, and Arista Networks poised for growth.

Published on: February 10, 2025, 11:02 AM UTC

Artificial intelligence's role in the workplace has been debated at the World Economic Forum. Experts from Morgan Stanley, Nasdaq, and more share their perspectives on AI's impact on jobs and productivity.

Published on: February 10, 2025, 11:02 AM UTC

China's retaliation after US imposes tariffs on steel and aluminum, escalating trade tensions between the countries over the years. Key moments in the trade spat include Trump's initial tariffs in 2017, China's response, and subsequent tit-for-tat duties, leading to a partial trade deal in 2020 and ongoing restrictions.

Published on: February 10, 2025, 11:00 AM UTC

The increasing use of generative artificial intelligence (GenAI) could boost the productivity of India's $254 billion software industry by 43%-45% over the next five years, according to a survey by consulting firm EY India.

Published on: February 10, 2025, 10:01 AM UTC

India's largest LNG importers are in talks for long-term supply deals with US companies including Cheniere Energy and discussing investment in US LNG projects.

Published on: February 10, 2025, 10:01 AM UTC

US equity futures rose as markets processed President Trump's tariffs on steel and aluminum. The S&P 500 and Nasdaq 100 gained at least 0.3%, while aluminum and steel companies rose in premarket trading. BP Plc surged 6.7% after an activist investor revealed a stake. Trump's tariffs may boost inflation, potentially limiting the Federal Reserve's ability to cut interest rates. Gold advanced to a record high, while 10-year Treasury yields remained steady.

Published on: February 10, 2025, 10:00 AM UTC