IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
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
European banks seek simpler regulatory framework as investment gap reaches $1.62 trillion.
The European Banking Federation stated on Tuesday that Europe confronts a growing €1.4 trillion ($1.62 trillion) yearly investment deficit that could impede its economic goals,
Intel secures a multi-billion-dollar contract for three million Google in-house AI chips.
Alphabet’s Google has placed an order with Intel to construct more than three million tensor processing units in 2028. Although it hasn’t yet placed an
Banco BPM-MPS $58 billion merger deal to form Italy’s second-biggest bank.
Italy’s Banco BPM, announced on Sunday that it will invite Banca Monte dei Paschi di Siena, to talk about a possible merger that would make
US chipmakers suffer $1.3 trillion in stock market losses
The market value of U.S.-traded chipmakers fell by roughly $1.3 trillion on Friday. AI heavyweights like Nvidia, Micron Technology, and Advanced Micro Devices saw significant
Vanguard’s index fund achieves the milestone of the first $1 trillion ETF.
The flagship exchange-traded vehicle of the index investing pioneer, the Vanguard S&P 500 ETF, became the first ETF in history to achieve and surpass $1
Broadcom to suffer $315 billion loss in market value as AI results fall short of lofty expectations.
After the company’s earnings fell short of high expectations over demand for its bespoke AI chips business, Broadcom’s shares plummeted more than 14% on Thursday,
SpaceX to raise a record $75 billion, with an IPO price of $135 per share.
Elon Musk’s SpaceX intends to fix its IPO price at $135 per share in an unexpected move ahead of its investor roadshow to raise a
Cisco releases software tools to defend IT infrastructure against cybersecurity threats.
Cisco Systems on Tuesday revealed a new set of software tools that companies can use to create their own AI agents, or armies of bots,
Berkshire Hathaway to acquire Taylor Morrison for $6.8 billion in cash to grow its housing business.
To expand its housing business, Berkshire Hathaway agreed on Sunday to purchase Taylor Morrison Home Corp for $6.8 billion in cash. The deal is Berkshire’s
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