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UK financial regulators examine potential vulnerabilities highlighted by Anthropic’s latest AI model.
The gap between affluent and poor countries is widening, says a UN report.
IMF chief warns that the Iran war is darkening the outlook of the world economy.
US banks to release $320 billion in capital with revised Basel rules.
Developing nations in Europe and Central Asia face a downturn from the Middle East crisis, the World Bank says.
Ackman’s Pershing Square bids $64 billion for Universal Music Group, the Taylor Swift label.
Afreximbank approves a $10 billion Gulf Crisis Response Programme to help African and Caribbean economies.
The EU is considering reviving crisis measures in response to the war in Iran, says the energy chief.
Microsoft commits $10 billion to expand cyber defence and AI in Japan.
Goldman Sachs acquires Innovator Capital with 240 ETFs globally valued at $90 billion.
UK financial regulators are in urgent discussions with big banks and the government’s cybersecurity agency to evaluate the risks associated with Anthropic’s latest artificial intelligence
U.N. research shows that the gap between rich and poor countries is widening even more as many governments’ agreements from last year—such as reforming the
The chief of the International Monetary Fund cautioned on Thursday that the Iran war is worsening the prospects for the global economy, regardless of how
Morgan Stanley analysts calculated on Wednesday that large U.S. banks might be able to release up to $320 billion in capital under updated draft regulations
The World Bank on Wednesday said emerging and developing economies in Europe and Central Asia could see a severe slowdown this year due to a
In a cash-and-stock deal worth over $64 billion, activist investor Bill Ackman’s Pershing Square Capital Management is proposing to buy Taylor Swift and Bad Bunny’s
The African Export-Import Bank announced on Tuesday that it has authorized a $10 billion Gulf Crisis Response Programme to assist the economies of Africa and
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
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 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
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