Tag Archives: Business/Finance

04Jun/20

Reuters Virtual Newsmaker with Dr. William Haseltine

As nations around the world begin to wind down restrictions imposed to slow the spread of the coronavirus outbreak, Reuters will be joined by scientist, businessman and philanthropist Dr. William A. Haseltine—a pioneer in the fights against HIV/AIDS and cancer—for a Newsmaker discussion on COVID-19, the race for a vaccine and the pandemic’s impact on the future of public health. Continue reading

26May/20

CRU: Multi Commodity Outlook

Over Q1 2020, COVID-19 has developed from an emerging threat to a transformational reality with potentially long-lasting effects on economic growth. All optimism for commodity markets at the start of the year was quickly extinguished as the coronavirus emerged in Wuhan, China. Prices have been dragged down further by dire market fundamentals which were a result of government-imposed lockdowns in the major global economies. Both supply and demand have been lowered across the board, but demand has been harder hit and will be slower to make a recovery. Most commodities have further to fall from here. There has been a profound human cost to the pandemic and the economic fallout of governments’ responses is just starting to be counted. Read more

26May/20

Finastra Global Survey Shows Appetite for Open Banking Picking up Pace Worldwide

Finastra research reveals that 86% of global banks are looking to use open APIs to enable Open Banking capabilities in the next 12 months. In addition, 30% of banks surveyed believe Open Banking is already making a tangible impact in delivering improved overall customer experience. This is against a backdrop where regulation is perceived to be tighter than a year ago and close to half (48%) of those audited believe that regulators are holding back innovation. Read more

26May/20

NJHA Charts Rise and Fall of COVID Hospitalizations; Peak Occurred April 14

A new bulletin from the New Jersey Hospital Association reviews the “rise and fall” of COVID-19 in New Jersey hospitals, charting the peak day of hospital activity on April 14 and the steady decline that is bringing the state’s hospitals close to pre-COVID capacity levels. Read more

25May/20

Sogou Introduces World’s First 3D AI News Anchor

Sogou Inc. (NYSE: SOGO) (“Sogou” or “the Company”), an innovator in search and a leader in China’s internet industry, today jointly launched the world’s first 3D AI News Anchor with Xinhua News Agency, a national news agency in China. The 3D AI News Anchor features the latest generation of the Sogou AI Vocational Avatar technology, which employs 3D modeling and cutting-edge AI technologies to create true-to-life avatars of human beings. The breakthrough demonstrates comprehensive improvements in movement and flexibility, interaction capability, and applications, which will further drive innovation in the news industry. Read more

25May/20

Flirtey’s New Granted Patent is Instrumental for Drone Delivery

Flirtey, the pioneer of the commercial drone delivery industry, announced today it has been granted a critical patent for the safe and precise drone delivery of packages. This key patent describes a combination of hardware and software that enables the delivery of packages by a drone, potentially lifting the package to pick it up, holding it securely and lowering it once at the point of delivery. Read more

24May/20

CRU: China to Announce More Than RMB 5tn of Stimulus

China will set out its major economic objectives and policy goals for 2020 at the National People’s Congress. We expect fiscal stimulus of 5-8% of nominal GDP to be announced, half the size of the stimulus that followed the GFC. Most of this stimulus will come in the form of bond issuance (e.g. special treasury bonds and local government special bonds). The biggest beneficiary of this stimulus will be the transport and infrastructure sectors. On monetary policy, we do not expect aggressive interest rate cuts or QE; but efforts will continue to ensure financial markets remain liquid, through lending targets and RRR cuts. Read more

24May/20

Mobvista Publishes 2020 Mobile Ad Anti-Fraud White Paper 2.0 to Expand the Toolkit for Fighting Ad Fraud

Ad fraud has become one of the greatest threats facing the fast-growing global mobile ad market. The Ad Anti-Fraud White Paper 2.0, published by Mobvista, takes a close look at the current state of mobile ad fraud, fraud types, and anti-fraud strategies, intending to improve the transparency and health of the mobile ad industry. Read more

23May/20

Michelle Obama’s When We All Vote Announces Bipartisan Program with Mayors Across the Country to Increase Voter Participation

When We All Vote, a national nonpartisan organization, launched Civic Cities, a new initiative that encourages mayors to use their voices, governing authority and convening power to mobilize civic leaders, business leaders and community members to increase voter participation in their communities. The initiative launched with a bipartisan group of 31 founding mayors from across the country with the goal of recruiting more of our nation’s mayors. Read more