Tue, May 07, 2024

News

Adobe: Adobe Systems Logo.

Adobe Elements 2022 Will Use AI to Reframe Photos

The Adobe Max 2021 conference will be held in October, which means that, as always, we should expect product updates. Adobe Elements tops the list with Adobe’s Sensei AI-based modification, making it easy to enlarge the background, capture photos or videos, add animations, and more. First of all, Adobe Photoshop Elements 2022 offers some new …

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Weekly Jobless Claims, unemployment

U.S. Unemployment Claims Declined to 326,000

The Labor Department reported on Thursday, the number of Americans filing first-time claims for jobless claims declined to 326,000 last week. The number was below anticipations of 350,000 and compared with a revised 364,000 in the prior week. The four-week moving average was 344,000, an increase of 3,500 from the previous week’s revised 340,500. Unemployment …

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inflation, Wibest Broker — Monetary Policy: BoE with flag on the top and blue sky background.

BoE’s Pill says inflation’s spike is bigger than expected

According to Huw Pill, new Bank of England Chief Economist, the size and duration of a recent rise in inflation is proving greater than expected. However, Pill says that interest rates will likely remain relatively low in the coming years. On October7, he announced that as the coronavirus pandemic recedes and the level and composition …

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stock markets

Asian shares rose, with Hong Kong stocks leading gains

Asian shares increased in Thursday trade, with Hong Kong stocks leading gains. As of its close, the Hang Sang Index in Hong Kong was up 2.82%. The surge came as shares of Chinese tech giants Alibaba and Tencent witnessed gains. Alibaba increased by 6.77%, while Tencent boosted by 4.7%. Furthermore, Hong Kong-listed shares of Chinese …

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Guangxi’s New Perspectives for Cooperation with ASEAN

Guangxi’s New Perspectives for Cooperation with ASEAN

The 9th China-ASEAN Technology Transfer and Cooperation Innovation Forum opened in Nanning in September.  Guangxi’s Technology Department has taken full advantage of its geographical advantage in recent years. A technology, innovation, and science action plan has been implemented around ASEAN countries. Specifically, strengthened China construction – ASEAN Technology Transfer Center in collaboration sought to open …

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New Technology in Post-Pandemic British Rail Travel

New Technology in Post-Pandemic British Rail Travel

On July 2, Grant Shapps, the UK’s Secretary of Transport, announced the winners of FOAK, which funds innovative technologies that can revolutionize the rail industry. As part of a partnership between the UK Department of Transportation and Innovate UK, FOAK has allocated 9 million for 30 winning projects. These are the projects that will make …

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Australian and New Zealand dollars hit 10-week highs

A Combination of Factors Helped to Boost the U.S. Dollar 

The world’s most famous currency the U.S. dollar rose on Wednesday amid uneasiness that bursting energy prices could trigger inflation and interest rate hikes, and as traders awaited U.S. jobs data for clues on the timing of the central bank’s policy tightening. New Zealand’s central bank lifted its official cash rate for the first time …

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Stocks and ongoing situation

Stock futures fell, with Dow Jones declining 222 points

On Wednesday, stock futures dipped in early morning trading after the markets recovered from a tech-led sell-off a day before. Notably, the Dow Jones Industrial Average (DJIA) futures fell 222 points. S&P 500 futures and Nasdaq 100 futures witnessed slumps. The market witnessed a broad improvement during Tuesday’s session, with 9 out of 11 S&P …

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General Motors, CBO and gross domestic product

New Wallace Battery Cell Innovation Center

General Motors has announced the construction of a new Wallace Battery Cell Innovation Center. The facility will significantly accelerate the commercialization and development of more affordable batteries for electric vehicles and expand the company’s battery technology operations. The Center will be founded on the campus of GM Global Technology Center in Michigan. The facility will …

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facebook

Facebook shares fell after the worst site outage in 13 years

On Monday, Facebook shares declined by around 5% after the firm experienced its worst service outage in about 13 years. The outage came a day after “60 Minutes” aired an interview with a whistleblower, who blamed Facebook for betraying democracy. Remarkably, the market was broadly down Monday, with the tech-heavy Nasdaq Composite sinking by more …

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