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SA banks to issue new loss-absorbing debt to prevent bailouts

South Africa’s largest banks will start issuing a new class of loss-absorbing debt, known as financial loss absorbing capacity (flac) instruments, from January, Moody’s Ratings reports. Designed to enable the orderly resolution of struggling banks, these instruments can convert to equity in a “bail-in” scenario, avoiding taxpayer bailouts. The central bank estimates that the top

Trump’s tariff plan could drive up prices, experts warn

In the upcoming November election, Donald Trump’s proposed tariff hikes could mirror the inflationary effects seen during his previous term, experts warn. If re-elected, Trump’s plan for blanket tariffs could drive up cargo rates and consumer prices, echoing past disruptions in shipping and retail sectors. Critics, including Democratic Vice President Kamala Harris, argue these tariffs

Salesforce unveils Agentforce to help create autonomous AI bots

The CRM giant’s new low-code suite enables enterprises to build AI agents that can reason for themselves when completing sales, service, marketing, and commerce tasks. Salesforce today released Agentforce, a new suite of low-code tools aimed at helping enterprises build autonomous AI agents for sales, service, marketing, and commerce use cases. Agentforce, which has been

Zoho adds AI and ML capabilities in Zoho Analytics 6.0

News Sep 12, 2024 5 mins Business Intelligence and Analytics Software Generative AI The new version offers a custom ML model-building studio, OpenAI integration, and more data connectors. Zoho has updated Zoho Analytics to add artificial intelligence to the product and enables customers create custom machine-learning models using its new Data Science and Machine Learning

Research: For Influencers, Showing Your Inner Circle Can Boost Engagement

Observations from three experiments and a review of more than 55,000 Instagram posts. September 12, 2024 Xavier Lorenzo/Getty Images Post Post Share Annotate Save Print Influencer marketing is a billion-dollar industry, and its recent meteoric rise has sparked curiosity about which factors makes some influencer posts more popular than others. In a new paper, researchers

To Build Resilience, CEOs Need to Become Supply-Chain Experts

ollo/Getty Images In the past, awareness and engagement of the supply-chain function was the key expectation for CEOs. But in the wake of a series of global events, including the Covid-19 pandemic, Russia’s invasion of Ukraine, and disruptions in the Middle East and the Panama Canal, is it now time for CEOs to be supply-chain-management

EToro Settles With the SEC: Industry Lawyers React

Trading platform eToro agreed Thursday to settle charges with the U.S. Securities and Exchange Commission that it operated as an unregistered broker and clearing agency and that it facilitated trading in some crypto assets that are securities. The agreement sees eToro paying a $1.5 million fine and means the company will be limited to trading

Analyst Predicts Cosmos (ATOM) and Solana (SOL) Will Trail Behind RCO Finance, RCOF Targets 100x Returns

An analyst’s recent assertion that Cosmos (ATOM) and Solana (SOL) will not be able to match RCO Finance’s (RCOF) market performance has sparked intense discussion within the crypto community.  With significant interest in its presale, this new DeFi crypto is positioned to deliver extraordinary returns of 100x potentially. Let’s explore the rationale behind this confident