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Global political unrest: Dutch central bank moves billions in gold reserves to London.
Uber Quits Nigeria and Uganda to Pivot to London Autonomous Tech.
South Korean FX authorities scoop up $20 billion as SK Hynix repatriates $26.5 billion in listing proceeds.
Goldman Sachs, BofA, and 19 other banks to issue dollar stablecoins jointly in 2027.
Aon acquires rival insurance firm USI for $17 billion in a landmark industry deal.
ChatGPT Ads has achieved an annualized revenue run rate of $1 billion as global rollout takes off.
German insurer Allianz is evaluating a $6.77 billion buyout of AA, a roadside rescue giant.
Anthropic is exploring a deal with MatX, a chip startup, to boost its internal chipmaking capabilities.
Meta resolves multi-state teen social media addiction lawsuit with an $18 billion settlement.
MTN considers expansion into banking and AI data centres amid surging cash reserves.
In what it called “crisis preparedness” during a period of worldwide political turmoil, the Dutch central bank declared on Wednesday that it had transferred billions
Uber Technologies, a ride-hailing company, announced on Wednesday that it will discontinue its 12-year presence in Nigeria, Africa’s most populous country, on September 2. Uber
South Korean foreign exchange authorities purchased roughly $20 billion in US dollars that SK Hynix sold following its $26.5 billion US depositary receipt listing in
A group of twenty-one financial institutions, including Goldman Sachs, Bank of America, Citi, and Deutsche Bank, announced on Tuesday that they intend to establish a
In one of the largest insurance acquisitions in recent memory, Aon announced on Monday that it would purchase rival USI Insurance Services from private equity
OpenAI said on Monday that its advertising division, ChatGPT Ads, has achieved an annualized revenue run rate of $1 billion as adoption increases and the
Allianz, a financial services business located in Germany, is contemplating a £5 billion ($6.77 billion) takeover attempt for AA, the breakdown recovery group. Founded in
Anthropic proposed paying about $7 billion to acquire artificial intelligence chip firm MatX in order to expedite efforts to create specialized hardware for its rapidly
As part of a historic court settlement that ended a trial over teen social media addiction and resolved allegations made by almost every state, Meta
To increase lending from its own balance sheet, MTN Group, the biggest telecom provider in Africa, is looking for banking licenses in a few regions,
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