The companies that offer plans “buy now and pay later” must provide consumers with the same legal rights and protections as credit lenders. Credit cardsrecently indicated the Consumer Financial Protection Bureau of USA in a new regulation. That includes the right to demand a refund and dispute transactions. Two years ago, the agency launched an […]
Tag: Companies
This is the type of savings that is growing the most in Peru, according to the BCRP: it allows you to have your money immediately
The liquidity of the financial system remains at comfortable levels, especially in national currency, thanks to a constant growth in deposits and a low rate of loans, according to the Central Reserve Bank of Peru (BCRP). This means that there is enough money available in the financial system to meet the needs of loans and […]
Xiaomi doubles net profit by almost US$ 900 million in the first quarter of 2024
Xiaomithe electronic consumer and smart manufacturing company whose main line of business is smartphones and the smart hardwareannounced its unaudited Q1 results ended March 31, 2024. In the said period, the Group’s total revenue amounted to RMB 75.5 billion (US$10.421 million), an increase of 27% year-on-year. Likewise, andNet profit reached an all-time high, increasing 100.8% […]
Chancay megaport will have a million-dollar economic impact: how to acquire shares or invest?
The Chancay megaport promises to transform the Peruvian economy, given that it will generate a million-dollar impact and create thousands of direct jobs. This ambitious project, in which Volcan and Cosco Shipping Ports have participation, is presented as a key pillar for the country’s logistical and commercial development. It should be noted that Volcan decided […]
Nvidia greatly exceeds market expectations in the first quarter thanks to AI
US semiconductor giant Nvidia once again exceeded expectations by a wide margin for the first quarter of its fiscal year, confirming that the momentum in generative artificial intelligence (AI) continues. The Santa Clara (California) group obtained a net profit of US$ 14.9 billion, 628% above the profit for the same period of the previous year, […]
Amazon announces investment of more than US$ 17,000 million in Spain
The American online sales company Amazon announced this Wednesday a new investment of 15.7 billion euros (more than US$ 17 billion) to expand its data centers in the Spanish region of Aragon. “Amazon Web Services (AWS) today announced its plans to invest 15.7 billion euros” in that northeastern region, likely to create “17,500 jobs” indirect […]
New “exceptional” year for Chanel sales in 2023
The luxury group Chanel announced on Tuesday that it made record sales in 2023, “exceptional new year”, with an increase of 14.6% to US$ 19,700 million, while the net profit was US$ 4,700 million, with a progress of 3%. “Chanel again achieved a solid financial result in 2023, with double-digit growth in all categories” declared […]
The US sanctions dozens of Nicaraguan officials and companies for attacking human rights.
USA launched this Wednesday a round of sanctions against the Government of the Nicaraguan president, Daniel Ortega that affect dozens of officials and companies, for attacking human rights and being “complicit in the exploitation of migrants.” Senior White House officials reported in a call with the press that the State Department has imposed visa restrictions […]
TikTok will label content generated by artificial intelligence
TikTok announced that it will begin automatically tagging content generated with technology from Artificial intelligence (AI) from several platforms, including Dall-E from OpenAI as well as the company’s own tools and generators. “AI-generated content is an incredible creative outlet, but transparency for users is essential“, said this Thursday Adam Presser, director of Trust and Security […]
FTX, in bankruptcy, estimates that it will return all the money to most of its creditors
The platform of cryptocurrencies In bankruptcy, FTX estimates that it will return all the money to most of its creditors, according to a new restructuring plan with which it seeks to resolve government and former client lawsuits.without costly and lengthy litigation”. FTX managers have submitted their proposed plan to Delaware bankruptcy court, according to a […]