AvtoVAZ renamed the Renault-Nissan alliance bank it bought 07/21/2023

2023-07-21 17:32:00 AvtoVAZ decided to rename RN Bank, which previously belonged to the Renault-Nissan alliance that left Russia. Now the credit institution will be called Auto Finance Bank. In addition, AvtoVAZ terminated the powers of all current members of the Board of Directors ahead of schedule and elected its new composition, reports Interfax with reference … Read more

DEAC and DLC attract EUR 30 million investment in data centers and network development in Baltics

2023-07-20 16:25:34 Riga, Latvia (OTS/PRNewswire) – DEAC in Latvia and Data Logistics Center (DLC) in Lithuania have received a EUR 30 million loan with a term of 10 years from SEB Bank to further expand the telecommunications infrastructure in the Baltics with a focus on data centers and fiber optic networks. “SEB Bank’s investment will … Read more

Pension funds with a positive trend in 2023

2023-07-20 10:57:07 After the first two quarters, positive performance of +3.28 percent – the turnaround after the difficult year 2022 was successful Vienna (OTS) – The Austrian pension funds report a result of +3.28 percent for the first half of the year. This continues the trend from the first quarter. Despite the persistently difficult market … Read more

TerraPay (Mobex) partners with Safaricom M-PESA to enable seamless cross-border transfers

2023-07-20 04:43:20 London (ots/PRNewswire) – TerraPay, a leading global payments infrastructure company, announced its partnership with Safaricom, Kenya’s leading telecommunications, IT and financial services provider. Together, both companies will usher in the benefits of financial inclusion by enabling instant cross-border payments. The partnership by TerraPay’s subsidiary Mobex (Kenya), a licensed money transfer provider, enables more … Read more

Shandong Energy and Huawei launch the world’s first commercial large-scale AI model for the energy sector

2023-07-19 15:58:05 Jinan, China (ots/PRNewswire) – On July 18, 2023, Shandong Energy Group (Shandong Energy), Huawei and Yunding Technology jointly launched the Pangu mining model, the world’s first commercial large-scale AI model for the energy sector. The aim of the model is to improve the application of artificial intelligence (AI) in the mining industry and … Read more

Lunch by the Ulu Pinar River: A Magical and Picturesque Dining Experience in Antalya

2023-07-19 21:04:39 Al-Marsad Newspaper: A citizen documented that he had lunch with his friends in a restaurant overlooking the Ulu Pinar River in the Turkish city of Antalya, in a magical and picturesque scene to the sound of water flowing from the running waterfalls. The place consists of restaurants and seating on both banks of … Read more

Goldman Sachs cuts odds of a U.S. recession in the next year

2023-07-18 08:28:00 Skyline of lower Manhattan and One World Trade Center in New York City and the Water’s Soul sculpture on July 11, 2023, in Jersey City, New Jersey. (Photo by Gary Hershorn/Getty Images) Gary Hershorn | Corbis News | Getty Images Goldman Sachs revised down the odds of a U.S. recession happening in the … Read more

The 16 emirates regionally in readiness for artificial intelligence

2023-07-17 11:21:24 Abu Dhabi – Mubasher: The UAE ranked 16th regionally on the Government Readiness Index for Artificial Intelligence 2020 of the Oxford Insights Foundation. A recent report prepared by the “Interregional Center for Strategic Analyzes” revealed that investment in artificial intelligence in the Middle East region amounted to about $320 billion, with the increasing … Read more