Audi, hurt by tariffs, is building its first US plant for $4 billion.
The head of Audi, the German carmaker, defended the company’s proposed $4 billion investment in a new American factory on Sunday. President Donald Trump had
Tanzania eyes a $42 billion LNG deal and 8,000 MW of power to boost industrialization.
Finance Minister Khamis Mussa Omar said that Tanzania anticipates finalizing agreements on significant investment projects in the upcoming months, including a $42 billion LNG development
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
AI Boom: Amazon’s cloud is booked solid until 2028, CEO Jassy says.
On Friday, Amazon CEO Andy Jassy revealed that AWS has already committed most of its cloud computing capacity through 2027, with substantial bookings reaching into
Jio IPO: $77 billion in bids, a new Indian record.
Bids for billionaire Mukesh Ambani’s first initial public offering (IPO) in 20 years exceeded $77 billion on Friday, surpassing the 2008 issue of Reliance Power,
Europe-Wide Demonstrations Over Rising Prices Grow, With Hundreds of Troops Dispatched to Milan.
One week after looting and altercations with police, Italy sent troops to Milan as the country’s fashion and financial hub prepared for new demonstrations on
UK to provide £20 billion for two state-owned lenders to boost infrastructure and industry.
British Finance Minister John Healey is expected to announce £20.4 billion ($27.3 billion) in further support for the state’s infrastructure bank and commercial lender in
Apple’s $2,000 iPhone Duo hits shelves, set to transform the foldable phone market.
With a price tag of almost $2,000 and less excitement than previous iPhone introductions, Apple’s first folding phone, the iPhone Duo, debuted in stores worldwide
US banks find rogue AI agents inside customer accounts.
U.S. banks are finding third-party AI agents inside customer accounts that haven’t been authorized to be there. Some of these agents appear to be taking
Barclays to axe 5,000 jobs in an AI-led push to save money.
Barclays said that it is eliminating about 5,000 jobs, or 5% of its staff, this year in order to reduce fixed costs and increase returns
Private equity giants Blackstone and Warburg weigh $10B+ IntraFi offload.
Warburg Pincus and Blackstone Inc. are considering selling IntraFi, which could fetch the financial technology company more than $10 billion. The private equity firms have
Chinese tech giants ByteDance, Alibaba, and Tencent haul $35B+ in Nvidia chips despite curbs.
In a rush for a less potent but export-compliant chip amid US trade restrictions with China, ByteDance, Alibaba, and Tencent have ordered more than 3
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