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U.S. bank regulators are rattled by the speed and extent of AI use at financial companies.
Elon Musk becomes the first trillionaire in history as SpaceX goes public.
The U.K.’s Frasers Group offers to buy struggling German fashion brand Hugo Boss for $2.31 billion.
Japan’s three top banks to jointly issue stablecoins by March 2027.
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
European banks seek simpler regulatory framework as investment gap reaches $1.62 trillion.
Intel secures a multi-billion-dollar contract for three million Google in-house AI chips.
Banco BPM-MPS $58 billion merger deal to form Italy’s second-biggest bank.
US chipmakers suffer $1.3 trillion in stock market losses
Vanguard’s index fund achieves the milestone of the first $1 trillion ETF.
U.S. banking regulators are increasing their scrutiny of how lenders use artificial intelligence as the emerging technology spreads throughout the sector. They are pressing companies
Even though Elon Musk may never populate Mars as he has claimed, enough investors view the inventor of SpaceX as a kind of miracle worker
The British billionaire Mike Ashley’s shop, Frasers Group, made a €2 billion ($2.31 billion) acquisition offer for the faltering German fashion brand Hugo Boss on
In an indication of the growing popularity of digital payments in a nation where cash and credit cards are still widely used, Japan’s three biggest
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
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,
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
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
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
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
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