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Explorer DECODED

Latest edition: 10 May 2024
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Spotlight

Customer satisfaction with US online-only banks declines

Driven by the prospect of higher interest rates and lower fees, new customers continue to flock to online-only direct banks. For the most part, the direct banks delivered on their end of the bargain. However, struggles with customer service and timely problem resolution dragged down overall satisfaction scores in the 8th annual JD Power US Direct Banking Satisfaction Study.

Latest news

Australia invests A$566m to map mineral deposits, energy sources

The investment will help generate data, maps and tools that will guide new discoveries and sustain the economy.

Shopify Q1 beats estimates but Q2 forecast raises concerns

The company's tempered Q2 forecast has led to a drop in its stock price.

Aurora partners AXA to launch new management liability policy

UK-based digital commercial insurance platform Aurora has partnered with insurance major AXA to launch a new MLP.

Analysis: will US export curbs on proprietary AI models be effective?

The Biden administration is set to enforce curbs on China’s access to the core pre-trained software of AI systems like ChatGPT in the latest of its continued efforts to block US AI from China and Russia.

Delphi's 500 bar GDi and Changan Auto

PHINIA’s Delphi brand has announced a first 500 bar GDi fuel system, to be installed within a Chagna Auto hybrid vehicle launching later this year

Thyssenkrupp protest Netherlands attack submarine contract award

Following considerable debate over Naval Group’s contract to deliver four attack submarines to the Netherlands, Thyssenkrupp Marine Systems now protests the decision.

Rice University breaks ground on Texas business school building

The new building will feature classrooms, office spaces, and amenities, among other features.

Paraguay pushes for $1.5bn gas pipeline with Argentina and Brazil

Paraguay is looking to develop a $1.5bn gas pipeline that will connect with Argentina and Brazil, with energy companies and high-ranking government officials engaging in talks on the matter.