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Peruvian Wynwood, between its sights on Central America and a new round of investment

Peruvian Wynwood, between its sights on Central America and a new round of investment

In 2023, the accommodation subsector grew 4.86% compared to 2022, thus showing some recovery after a beginning of the year marked by social protests that played against the arrival of tourists. In that situation, The Peruvian temporary apartment rental startup, Wynwood House, doubled its income during that period, supported by its diversification in five countries. ...

Falabella ended 2023 with an 8.5% drop in its income in Chile, but reduced debt

Falabella ended 2023 with an 8.5% drop in its income in Chile, but reduced debt

Financial Diary – Santiago Falabella published its consolidated financial statements for 2023, which closed with an 8.5% drop in revenue, in a year that, for the firm linked to the Solari and Del Río, was marked by a complex consumer environment and spending cuts and asset sales to reduce debt. However, in a statement, The ...

World economy with possibilities of a soft landing according to the G-20 draft

World economy with possibilities of a soft landing according to the G-20 draft

The global economy has a growing chance of achieving a soft landing, finance chiefs said in a draft of the final declaration of the G-20 At this week’s meeting in Brazil, citing faster-than-expected disinflation as one of the risks. “We note that the probability of a soft landing in the global economy has increased,” said ...

The Economist anticipates investment growth in artificial intelligence by 2024

The Economist anticipates investment growth in artificial intelligence by 2024

Due to the growth in the valuation of Nvidiaone of the main manufacturers of semiconductors used for the development of artificial intelligence applications and software, The Economist published its forecast report on the technology and telecommunications sectors and anticipated that during this year, Investment in AI will continue its growth trend alongside an increase in ...

Artificial intelligence investment frenzy will reach US$200 billion in 2024

Artificial intelligence investment frenzy will reach US$200 billion in 2024

Due to the growth in the valuation of Nvidia, one of the main manufacturers of semiconductors in the world, used for the development of artificial intelligence applications and software, The Economist published its forecast report on the technology and telecommunications sectors and anticipated that during this year, Investment in AI will represent a frenzy for ...

Investments in Nvidia shares 20 years ago are worth 12 times more today

Investments in Nvidia shares 20 years ago are worth 12 times more today

The talk of Wall Street these days is Nvidiaafter appreciating approximately 65% ​​since the beginning of the year, with a market capitalization that is only behind those of Microsoft, Apple and Saudi Aramco and even more than Amazon. The chip manufacturing company managed to reach a valuation of US$2 billion thanks to this behavior, which ...

The world's largest solar power plants are located in China and India.

The world’s largest solar power plants are located in China and India.

As the need for an energy transition advances in the world, projects related to solar energy generation are becoming more and more frequent. In fact, In Colombia Enel completed the construction of the La Loma Solar Park, the largest in the country and the photovoltaic project that supplies the most energy to the National Interconnected ...

Nvidia, fourth most valuable company in the world after valuation close to US$2 billion

Nvidia, fourth most valuable company in the world after valuation close to US$2 billion

Nvidia was on the path to becoming the first semiconductor company with a valuation of US$2 trillion, another milestone in its rise as the biggest beneficiary of the AI-related stock craze over the past year. The chipmaker’s shares rose again yesterday, following Thursday’s 16% rally that touched $1.96 trillion. Thus Nvidia arrives as the fourth ...

US jobless claims hit lowest level in a month

US jobless claims hit lowest level in a month

Initial claims for U.S. unemployment insurance benefits fell last week to their lowest level in a month, easing continued strength in the labor market despite a growing number of high-profile job cuts. profile in large companies. Initial claims decreased by 12,000 to 201,000 in the week ending February 17, according to data released by the ...