Wednesday, February 2, 2022

Financial Post

Financial Post


India’s growth budget sparks concerns on inflation, tighter rates

Posted: 02 Feb 2022 12:11 AM PST

NEW DELHI -- India's growth-focused budget for the upcoming fiscal year, on the back of record market borrowing, has fueled worries among bond traders who fear the central bank may now be forced to act on the inflationary risks, despite its dovish policy stance. Read More

Saudi Aramco buys 7.4% stake in Norwegian software firm Cognite

Posted: 02 Feb 2022 12:02 AM PST

OSLO -- Saudi Aramco has bought a 7.4% stake in Norwegian industrial software group Cognite from oil firm Aker BP, Cognite said on Wednesday. Read More

Wellbeing Digital Sciences Reveals Recent Achievements by Its KGK Science Subsidiary

Posted: 02 Feb 2022 12:02 AM PST

VANCOUVER, British Columbia, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Wellbeing Digital Sciences Inc. ("Wellbeing" or the "Company") (NEO: MEDI) (OTC: KONEF) (Frankfurt: MY0), an evidence-based healthcare company focused on innovative clinical solutions, artificial intelligence-powered digital therapeutics and contract research, is pleased to provide a corporate update highlighting the various achievements of its wholly owned subsidiary, KGK Science Inc., ("KGK" or the "CRO"). Read More

Ricoh Launches the RICOH THETA X 360-Degree Camera – a 60 Megapixel All-in-One Camera for Customer Focused Real Estate Property Businesses and Capture of Professional Quality Virtual Tours

Posted: 02 Feb 2022 12:01 AM PST

CAMPBELL, Calif., Feb. 02, 2022 (GLOBE NEWSWIRE) -- RICOH360 Tours, a service of RICOH Company Ltd, the only truly complete all-in-one and affordable 360-degree virtual tour solution under one global brand, today announced the launch of RICOH THETA X, an advanced model of the RICOH THETA series of one-shot 360-degree cameras. Equipped with a large touch screen display, this new model achieves higher resolution 2D images and 360-degree virtual tours, and significantly higher zoom-in capabilities. The all-in-one camera, together with the RICOH360 Tours platform, offers an end-to-end solution for capturing, sharing, and visualizing properties, in 2D and 360-degree virtual reality. Read More

Chip designer mimicking brain, backed by Sam Altman, gets $25 mln funding  

Posted: 02 Feb 2022 12:00 AM PST

Rain Neuromorphics Inc., a startup designing chips that mimic the way the brain works and aims to serve companies using artificial intelligence (AI) algorithms, said on Wednesday it raised $25 million. Read More

Gupshup Acquires AI-Powered Voice Leader, Knowlarity, Strengthens Conversational Engagement Portfolio

Posted: 02 Feb 2022 12:00 AM PST

Gupshup augments its messaging solutions with Knowlarity's market-leading voice solutions to consolidate its leadership in conversational engagement. Read More

Amazon to create 1,500 apprenticeships in UK in 2022

Posted: 01 Feb 2022 11:56 PM PST

LONDON -- Amazon will create 1,500 new apprenticeships in the United Kingdom in 2022, it said on Wednesday. Read More

South Africa’s Eskom to start planned power cuts from Wednesday

Posted: 01 Feb 2022 11:53 PM PST

JOHANNESBURG -- South African utility Eskom will make scheduled power cuts from Wednesday until Monday after generating units failed at some coal plants and a return to service was delayed for other units. Read More

Peak inflation? We can only hope

Posted: 01 Feb 2022 11:53 PM PST

Feb 2 - A look at the day ahead in markets from Dhara Ranasinghe. Read More

Oil climbs toward 7-year highs on U.S. stock draw, eyes on OPEC+ move

Posted: 01 Feb 2022 11:51 PM PST

TOKYO -- Oil prices climbed on Wednesday toward last week's seven-year highs as a draw in U.S. crude stocks confirmed strong demand and tight supplies, but investors remained cautious ahead of an OPEC+ meeting later in the day. Read More

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