Global News, Breaking News, Economic, Business, Energy, Global Markets,
Ares Management logs record $30 billion fundraising, allaying private credit “doomsday” concerns.
Google Cloud’s blowout growth pushes Big Tech’s AI outlay to surpass $700 billion.
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
The United Arab Emirates quits OPEC on May 1, a major hit to the oil cartel.
Shell expands operations to Canada’s Montney basin with the acquisition of ARC Resources in a $16.4 billion deal.
Related Digital secures $16 billion in funding for a 1GW Oracle data center in Michigan.
The US boosts the $47 billion cannabis industry with less restrictive rules.
War in Iran worsens food insecurity, pushing 30 million people back into poverty. – UN.
Gaming business AI-driven cost reductions might release $22 billion in earnings, says Morgan Stanley.
War in Iran is creating the worst energy crisis ever faced by the world, IEA says.
One of the largest names in private credit, Ares Management, announced a record first-quarter fundraising of over $30 billion on Friday, indicating that investor interest
Major tech businesses’ expectations have been reset by Alphabet’s cloud growth, prompting investors to reevaluate which companies are producing the most obvious rewards. With combined
For the Standard Gauge Railway project in Tanzania, Standard Chartered Bank has successfully set up a $2.33 billion syndicated finance arrangement, the bank announced on
At a time when the Iran war has generated a historic energy shock and upset the world economy, the United Arab Emirates announced on Tuesday
To increase its portfolio with inexpensive shale gas and liquids in Canada’s Montney basin, Shell announced on Monday that it has reached an agreement to
Related Digital, a data center developer, announced on Friday that it has obtained funding for a $16 billion data center campus it is constructing for
In one of the largest changes to U.S. drug policy in decades, the U.S. Department of Justice announced on Thursday that it will swiftly reschedule
U.N. development head Alexander De Croo stated on Thursday that the effects of the Iran war, including disruptions to fuel and fertilizer supply just as
Morgan Stanley analysts stated that sophisticated artificial intelligence capabilities might help reduce the cost of creating video games by almost half, possibly opening up $22
The head of the International Energy Agency (IEA) stated on Tuesday that the war between Iran, the United States, and Israel is causing the world’s
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