Business

An American bank that lends a lot of money to investors in commercial real estate, New York Community Bancorp (NYCB), has run into problems. The company has discovered that internal controls on credit risks are not in order. The…
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In February, Bitcoin is heading for the largest price increase in a month since October 2021. The value of the largest cryptocurrency in the world has risen by almost 40 percent this month and is at the highest level since the end of 2021.…
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Several major tech and telecom players are joining the AI-RAN Alliance, an interest group that wants to investigate how AI can improve telecom networks. Founding members include Nokia, Ericsson, Samsung, Microsoft, T-Mobile US,…
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TELS GLOBAL - International Logistics Solutions that offers a wide range of services within the transportation and logistics industry across all modes of transport. Our services include transportation, warehousing, insurance, financial…
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Tech company Uber has earned more from its apps for taxi rides and ordering meals. The number of taxi rides carried out in particular rose sharply in the fourth quarter of last year. The number of rides via Uber increased by almost…
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A South Korean court has acquitted Samsung CEO Jay Y. Lee in a drawn-out case involving allegations of price manipulation and accounting fraud. Public prosecutors demanded a five-year prison sentence and a fine of hundreds of…
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Netflix co-founder and chairman Reed Hastings has donated $1.1 billion in shares of that company to the Silicon Valley Community Foundation charity. This foundation provides money for, for example, affordable housing, help for poor…
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The US government will soon provide billions in new subsidies for chip makers such as Intel and the Taiwanese TSMC, reports the American business newspaper The Wall Street Journal (WSJ). According to chip industry executives, the…
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