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Housing Demand Remains Strong Despite Planning Permission Drop

Banks Expect 30,000 Housing Units to be Completed in 2023 According to a study by the Banking and Payments Federation Ireland (BPFI), there could be 30,000 housing unit completions in Ireland this year if current building rates are maintained. The study compared the number of housing units completed in the year leading up to the end of the second quarter on a rolling 12-month basis. The BPFI found that some…

Spanish banks lose appeal to halt extra tax payments

High Court upholds the validity of the banking tax Spain’s High Court has rejected appeals by lenders Bankinter, Sabadell and Cajasur to suspend payments of the extraordinary banking tax while it reviews the levy’s validity, El Economista newspaper reported on Monday. The court reasoned that the banks would be able to recover the amount paid plus interest were the tax found to be unlawful, while suspending payments would be illegal…

Bank of America expects to outperform industry in Q3 investment banking fees

Bank of America, one of the largest U.S. banks, said on Monday that it expects to do slightly better than the industry average in terms of investment banking fees for the third quarter of 2023. The bank’s chief financial officer, Alastair Borthwick, made the remarks at the Barclays Financial Services Conference. Industry fee pool down 30%-35% year-on-year Borthwick said that the investment banking fee pool for the industry is down…

How Tech PR Agencies Are Helping Brands Reach New Heights

The ever-shifting realm of technology is a competitive and challenging field for many brands that want to stand out and make an impact. To achieve this, they need the help of public relations (PR) agencies that can craft compelling stories, build trust and credibility, and connect with the right audiences. In this article, we will look at some of the top tech PR agencies that are elevating brands to new…

China’s sci-tech museums draw over a billion visitors in a decade

A unique role in science popularization and education China’s modern science and technology museum system has attracted over 1 billion offline visits since 2012, playing a unique role in promoting fair and inclusive science popularization and improving scientific literacy in the country, according to the China Association for Science and Technology (CAST). The CAST started to build a modern sci-tech museum system in 2012. After more than a decade, the…

AI company claims to predict crime with social media analysis, faces lawsuit from Meta

A tech company that claims to have the ability to use artificial intelligence (AI) to predict crime by analyzing social media data is facing a legal battle with Meta, the company formerly known as Facebook. Meta accuses the company, Voyager Labs, of creating thousands of fake accounts on its platforms to harvest personal information from users and use it for its predictive analytics. Voyager Labs denies any wrongdoing and says…

Microchip Technology to Showcase Its Smart and Secure Embedded Solutions at Piper Sandler Growth Frontiers Conference

Microchip Technology, a leading provider of smart, connected and secure embedded control solutions, will present its latest products and innovations at the Piper Sandler Growth Frontiers Conference on Tuesday, September 12, 2023. The conference is a virtual event that brings together technology leaders, investors and analysts to discuss the trends and opportunities in the global technology sector. Microchip Technology: A Leader in Embedded Control Solutions Microchip Technology is a company…

Infinix unveils new 3D Lighting Leather technology for smartphones

Infinix, a smartphone brand known for its innovative designs and features, has announced a new 3D Lighting Leather technology that will debut with the Note 30 VIP special edition later this month. The new technology combines colourful LEDs with translucent TPU leather on the edges of the back cover, creating a dynamic and futuristic effect. What is 3D Lighting Leather technology? According to Infinix, the 3D Lighting Leather technology has…

Hyperloop Technology Still in Progress Despite Challenges

What is Hyperloop? Hyperloop is a futuristic transportation system that aims to move people and cargo at speeds of up to 700 miles per hour (1,120 kilometers per hour) through near-vacuum tubes. The concept was proposed by Tesla and SpaceX founder Elon Musk in 2013, who envisioned it as a “fifth mode” of transport, after cars, planes, boats, and trains. Hyperloop works by propelling specially designed pods or capsules using…

Tech stocks defy bond yield pressure and surge ahead

Nasdaq leads the market rally with a bounce in tech stocks The U.S. stock market traded higher on Monday, September 11, 2023, as technology stocks staged a comeback after a recent slump. The Nasdaq Composite, which is heavily weighted with tech stocks, rallied 1.14% to close at 18,234.65 points, outperforming the other major indexes. The S&P 500 rose 0.67% to 5,321.78 points, while the Dow Jones Industrial Average added 0.25%…