The EU is considering reviving crisis measures in response to the war in Iran, says the energy chief.
In response to soaring fuel costs brought on by the war in Iran, five European Union finance ministers are advocating for a tax on windfall
The Coca-Cola group commits $1 billion to developing its value chain in South Africa.
To support increased production capacity, Coca-Cola (KO.N) announced that its two authorized bottlers, Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages, will invest 17.6 billion
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Microsoft commits $10 billion to expand cyber defence and AI in Japan.
Microsoft announced on Friday that it will invest 1.6 trillion yen ($10 billion) in Japan between 2026 and 2029 to bolster cybersecurity cooperation with the
Goldman Sachs acquires Innovator Capital with 240 ETFs globally valued at $90 billion.
Goldman Sachs announced on Thursday that it had successfully acquired Innovator Capital Management, an active exchange-traded fund provider, increasing the Wall Street bank’s footprint in
The Coca-Cola group commits $1 billion to developing its value chain in South Africa.
To support increased production capacity, Coca-Cola (KO.N) announced that its two authorized bottlers, Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages, will invest 17.6 billion
Sysco acquires Restaurant Depot in a $29 billion deal to enter the high-margin restaurant business.
In a deal valued at over $29 billion, Sysco, the biggest food distributor in the country, will purchase supplier Restaurant Depot. Through the acquisition, Sysco
Ethiopia strikes a $13b boom at an investment forum, with China’s Mingyang investing $10b.
Following a conference to draw capital into various economic sectors, Ethiopia has obtained $13 billion worth of investment deals, according to the official investment commission.
Global awareness for renewable energy came to the fore with the energy impact of the Iran War.
Calls for accelerating the transition to renewable energy are becoming more urgent as the war in Iran highlights the world’s dependence on precarious fossil fuel
SoftBank obtains a $40 billion loan to increase its investments in OpenAI.
SoftBank Group said on Friday that it has obtained a $40 billion bridge loan to support investments in OpenAI, the company that makes ChatGPT, as
Equitable and Corebridge are negotiating a merger to establish a $22 billion insurer.
Equitable and Corebridge are in talks to merge in an all-stock merger that would create a $22 billion retirement, asset management, and wealth management juggernaut.
BlackRock CEO Fink raises alarm of a “global recession” if oil hits the $150 benchmark.
BlackRock CEO Larry Fink said oil prices might hit $150 per barrel and trigger a “global recession” if Iran “remains a threat” even after the
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