Nvidia doubles down on software tools for crafting virtual worlds

Nvidia Corp (NVDA.O) on Tuesday released a set of tools for software developers aimed at helping them create a “metaverse” of three-dimensional virtual worlds – and use a lot more computing power from Nvidia’s chips in the process. At the Santa Clara, California, company’s annual technology conference, Nvidia released Omniverse Enterprise, which will start at […]

Continue Reading

Polish e-commerce company Allegro flags ‘softer’ margins amid growth drive

Poland’s e-commerce platform Allegro on Tuesday reported forecast-beating third-quarter net profit, but stuck to its guidance and flagged “softer” margins next year as it pushes on with investments, sending its shares down. Allegro, which has become the go-to online marketplace in Poland and is enjoying a sales boom accelerated by the pandemic, has been investing […]

Continue Reading

Primark well stocked for Christmas and won’t raise prices -finance chief

Associated British Foods’ (ABF.L) Primark fashion business has good stock availability for the Christmas trading period and will not be raising prices despite supply chain disruption and inflationary pressures, its finance chief said on Tuesday. “We’re basically saying that we’ve got good stock cover for Christmas, our stores will be full,” John Bason said after […]

Continue Reading

German exports fall for second consecutive month in September

German exports fell for a second consecutive month in September while imports nearly stagnated, the statistics office said on Tuesday, in a further sign that supply chain disruptions are complicating the recovery of Europe’s largest economy. Seasonally adjusted exports dropped 0.7% on the month to 112.3 billion euros ($129.75 billion), compared to economists’ expectations for […]

Continue Reading