banner

Technology

With its headquarters in Shenzhen, Guangdong province, Huawei Technologies Co., Ltd. is a Chinese mu
  • by Huawei achieves advancements in design devices for 14nm processors
  • Mar 24, 2023
Huawei achieves advancements in design devices for 14nm processors

According to a speech given by a senior executive, Huawei Technologies Co Ltd (HWT.UL) has made advancements in electronic design automation (EDA) tools for chips produced at and above 14-nanometer technology.

read more
TikTok, is a short-form video hosting service owned by the Chinese company ByteDance.
  • by TikTok CEO: The app has never given the Chinese authorities access to US data.
  • Mar 22, 2023
TikTok CEO: The app has never given the Chinese authorities access to US data.

The top executive of TikTok will inform lawmakers that despite growing U.S. national security concerns, the Chinese-owned short video app with more than 150 million American users has never shared user data with China and never will.

read more

Latest NEWS

Banking

Sources say that the ECB is pressuring the Austrian Raiffeisen bank to leave Russia.

Five individuals with knowledge of the situation claim that the European Central Bank is pressuring Austria's Raiffeisen Bank International (RBIV.VI) to wind down its extremely lucrative business in Russia.

Russia claims it is contemplating opposing the United States' choice to lead the World Bank.

The World Bank's senior representative for Moscow said on Tuesday that Russia is talking to its allies about challenging the U.S. candidate for the position, which could scuttle what had been anticipated to be a straightforward succession process.

The share buyback scheme at Julius Baer has been completed.

The 400 million Swiss franc ($425.35 million) share buy-back program that Julius Baer (BAER.S) started in March 2022 has now been finished, according to the company.

Nexi will purchase Sabadell's finance division for up to $370 million.

The Italian payments company Nexi and the Spanish bank Sabadell have agreed to a 10-year partnership in exchange for the sale of Nexi's retail payments operation, which could fetch up to 350 million euros ($370 million).

Due to an increase in net interest revenue, Piraeus Bank reports higher fourth-quarter profit.

Piraeus Bank, the fourth-largest lender in Greece by market capitalization, announced higher quarterly net profits on Friday, aided by reduced costs and an increase in net interest income and fees.