US 10-year Treasury yields are the sharpest since 1994, but not unprecedented, BNY CEO says.
The CEO of the oldest US bank said that the benchmark 10-year US Treasury yield had reached previously unheard-of levels this year as a sharp
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
US Tech at Risk from Green-Card Restrictions, Warns Microsoft
Microsoft President Brad Smith cautioned that the Trump administration’s decision to limit qualified foreign workers’ access to green cards could undermine US technical competitiveness and
Japan is to invest $21 billion in two US GlobalFoundries chip plants.
Japan is pouring up to $21 billion into two new New York semiconductor factories co-owned by the US government and Japanese entities, with GlobalFoundries managing
IMF chief: Rich nations must cut debt to ease global economic strain.
The head of the International Monetary Fund stated on Wednesday that the United States and other wealthier countries must act quickly to address the rising
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
LSEG is working on a $3.5 billion takeover of financial data firm Octus.
LSEG announced on Tuesday that it was in negotiations with Permira, a private equity firm, to acquire Octus, a financial data supplier based in New
IMF says AI anchors global growth at 3% amid widespread economic chaos.
IMF Chief Kristalina Georgieva warns that while booming AI infrastructure funding anchors global growth at 3% and fuels Asian economies, it signals a “slow-moving tsunami”
EnergyX clinches $2 billion lithium supply deal with Trafigura.
In one of the biggest agreements ever linked to direct lithium extraction technologies, lithium startup EnergyX announced on Monday that it has signed a $2
The World Bank unlocks a $100 billion crisis fund for 40 struggling economies, Banga says.
The World Bank’s president, Ajay Banga, said that the organization is in talks with 30 to 40 nations regarding possible crisis assistance to help them
SoftBank-backed OPay files for a US IPO, posting major revenue growth.
In its US IPO filing on Friday, Africa-focused digital payments startup OPay disclosed that its revenue more than doubled in the first half of the
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