Tag: NORTH AMERICA
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WestWay Developments to Invest £15 Billion in West Cairo Real Estate Projects
WestWay Developments plans to invest 15 billion pounds in the Egyptian market in 2025 through major projects in West Cairo. Following a merger of key real estate companies, the new entity aims to leverage extensive experience and promote urban development to attract local and foreign investments. WestWay Developments, under the leadership of Dr. Mohamed Farouk,…
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Tech Council of Australia Urges Increased Investment in Technology for Economic Growth
A report by the Tech Council of Australia urges businesses to enhance technology investments to drive economic growth and productivity. It proposes increasing total tech investment from 3.7% to 4.6% of GDP, potentially unlocking AUD $39 billion in productivity gains by 2035. The Council emphasizes the need for better technology adoption, especially in comparison to…
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Growth Companies Insiders Are Confident In, Attracting Investor Attention
As markets react to recent election outcomes, growth companies with high insider ownership are attracting investor interest. Attendo (OM:ATT), Shenzhen Lihexing (SZSE:301013), and GuangDong Suqun (SZSE:301489) are highlighted for their strong earnings growth forecasts and substantial insider investments, signaling confidence in future performance. As global financial markets react to recent U.S. election outcomes, growth companies…
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IT Engineering Firms Pursue Strategic Acquisitions to Enhance BFSI Expertise
IT engineering companies are on an acquisition drive to solidify their foothold in the BFSI sector. Notable acquisitions include Intelliswift for $110 million and asset purchase from SoHo Dragon by Persistent Systems. Furthermore, EPAM Systems’ acquisition of First Derivative and various other mergers underscore the sector’s vitality as BFSI engineering experiences a resurgence, aided by…
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China Criticizes U.S. Order on TSMC as Detrimental to Taiwan’s Interests
The Taiwan Affairs Office of China criticized a U.S. order for TSMC to stop shipping advanced chips to China, arguing it harms Taiwanese businesses and escalates tensions in the Taiwan Strait. On Wednesday, the Taiwan Affairs Office of China expressed concerns regarding a U.S. directive aimed at Taiwan Semiconductor Manufacturing Company (TSMC), instructing it to…
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Seventeen Companies Commit to Expand Operations in Hong Kong’s Tech Sector
Seventeen companies, including sanctioned iFLYTEK, have signed agreements to establish or expand operations in Hong Kong as part of the government’s push to enhance the tech sector. This initiative aims to attract investment and create jobs in the city, with projections of HK$42 billion in investments and 17,000 new jobs. The efforts are part of…
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WorkWave Discusses Fintech Innovations to Boost Growth at Money20/20 USA 2024
Jacob Olins, VP of Fintech at WorkWave, shared insights at the Money20/20 USA 2024 conference on utilizing fintech innovations to help field service companies grow. His discussion focused on integrating advanced payment technologies and service solutions to drive business expansion. At the Money20/20 USA 2024 conference, Jacob Olins, the Vice President of Fintech at WorkWave,…
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India Must Focus on Revenue-Driven Tech Companies, Says Zoho CEO Sridhar Vembu
Sridhar Vembu, CEO of Zoho, advocates for the establishment of technology companies in India with a focus on achieving $100 billion in revenue, rather than emphasizing valuation. In his recent comments, he highlights the need for visionary leaders dedicated to long-term success, warning against the distractions posed by stock market valuations. Sridhar Vembu, the CEO…
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Global Companies Collaborate with China for Future Investments
The seventh China International Import Expo (CIIE) showcased 3,500 global exhibitors and reached about 80.01 billion U.S. dollars in tentative deals. The event highlighted innovative technologies and emphasized the collaborative future between China and international companies, underscoring growth opportunities amidst China’s commitment to modernization and sustainability. The seventh China International Import Expo (CIIE) recently concluded…
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Orange County’s Majors Report 6.5% Job Growth Despite National Trends
Orange County’s largest companies are experiencing a 6.5% increase in employment despite national job losses. Disneyland Resort and UC Irvine lead with significant workforce growth. However, companies like Kaiser Permanente and Rivian see reductions. Amidst national concerns regarding job losses, Orange County’s largest companies are reporting substantial employment growth. Leading the charge is Disneyland Resort,…