Apple noted that the A17 Pro chip delivers the most efficient and well-rounded graphics performance of all their mobile models so far, noting it as an “entirely new class of iPhone chip”. This self-hired cyber-attack comes after the company released Lockdown Mode, which aided the protection of devices against highly sophisticated, rare cyber security breaches.…
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This significant development, disclosed by MAS Managing Director Ravi Menon, marks a departure from previous simulations and aims to evaluate the practicality and efficiency of employing CBDCs for instantaneous settlements among commercial banks. ______________________________________________________________________ Don’t miss out the latest news, subscribe to LeapRate’s newsletter _______________________________________________________________________ Until now, MAS had only simulated the issuance of CBDCs…
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Focusing on offshore technical and digital equipment, Shorthills AI provides data engineering solutions, as well as end-to-end generative AI, for companies in data pre-processing and data pipeline servicing. Nvidia (NASDAQ: NVDA) specialised in creating integrated circuits, GPUs and CPUs that are used in gaming consoles and PCs. ______________________________________________________________________ Don’t miss out the latest news, subscribe…
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Surprisingly, gross domestic product growth (GDP) has been much stronger than expected. This did not, however, prevent labour market rebalances or a continued drop in inflation. Research experts at Goldman Sachs predict a 2.1% year-on-year GDP growth in 2024. Additionally, the company’s economists foresee a 2% consumption growth and a real disposable income increase of…
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Recently, fixed-income markets focused on who will buy government bonds as the supply increased to address debts that piled up during the pandemic and the energy dilemma following the Ukraine war. Globally, central banks have been increasing interest rates to tackle inflation. At the same time, these leading financial institutions withdrew from bond-buying programmes, directly…
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This means the application can be applied to any fiat currency pair. Reportedly, this on-chain solution offers real-time quotes and record trades on a blockchain, supporting fixed and cryptographically secured stores of relevant data. Only counterparties can access the details for quotes and trades, as per the compliance surrounding regulatory requirements. According to reports, Citi’s…
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Bestinvest’s finance analyst, Alice Haine, noted: Softening inflation is positive news for households as it means incomes might be less stretched than they have been, but a decline in the headline rate does not mean prices are reducing, just that they are rising less quickly compared to previous months. The figures were reduced after the…
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Reportedly, this is yet another attempt to keep the battling beauty retailer afloat. In April, Natura sold Aesop, another one of its subsidiaries, to L’Oreal (OR.PA) for just over $2.5bn. In its press release, the company stated: With the transaction, Natura &Co will strengthen and deleverage its balance sheet, freeing up resources to focus on…
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This move by the market-leading asset manager not only infused more confidence in crypto markets but also triggered discussions at the SEC level with the aim to diluting regulatory opposition to virtual currencies. As with the Bitcoin price in June when BlackRock applied for that spot ETF, the Ethereum (ETH-USD) price spiked to its highest…
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The US Dollar Index, a measure of the USD's performance against a basket of major currencies, showed marginal losses on Monday, and the 10-year US Treasury bond yield closed nearly unchanged, hovering just above 4.6%. In the Eurozone, the EUR/USD currency pair maintained stability around 1.0700, having recorded slight gains on the preceding day. Forecasts…
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