BlackRock CEO Fink raises alarm of a “global recession” if oil hits the $150 benchmark.
BlackRock CEO Larry Fink said oil prices might hit $150 per barrel and trigger a “global recession” if Iran “remains a threat” even after the
African nations to borrow $155 billion in long-term commercial debt this year, S&P says.
A survey by S&P Global Ratings shows African countries are anticipated to borrow $155 billion in long-term commercial debt this year, a 10% increase over
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
International Energy Agency head claims that the Iran War poses a “major, major threat” to the world economy.
The head of the International Energy Agency stated on Monday that the war in Iran poses a “major, major threat” to the world economy. Fatih
U.S. jury found Musk liable to Twitter shareholders in a fraud action involving the $44 billion buyout.
Elon Musk was held responsible by a U.S. federal jury on Friday for allegedly defrauding Twitter shareholders by attempting to lower the company’s stock price
China’s Alibaba targets $100 billion in AI and cloud over demand boom.
Alibaba Group, the largest technology company in China, announced on Thursday that it will use the surge in AI demand to drive its aim of
African nations to borrow $155 billion in long-term commercial debt this year, S&P says.
A survey by S&P Global Ratings shows African countries are anticipated to borrow $155 billion in long-term commercial debt this year, a 10% increase over
Nvidia’s CEO anchors the next phase of the AI boom on “inference inflection” with $1 trillion in orders.
On Monday, Jensen Huang, CEO of Nvidia, expounded on his strategy for maintaining his company’s leadership in the artificial intelligence boom, which he projected will
Poland becomes the world’s 20th largest economy with over $1 trillion in annual output.
Poland’s residents were paid a tenth of what West Germans made, and the country rationed grain and sugar a generation ago. With an annual production
Trump aims to close the $1.6 trillion revenue shortfall with a plethora of new tariffs.
The Supreme Court’s ruling to overturn some of the president’s import taxes destroyed almost $1.6 trillion in lost tariff income, and this week the Trump
Trump adminstration is to receive a $10 billion fee from investors for brokering the TikTok deal.
Investors in the recently concluded transaction to take over TikTok’s U.S. business will pay a fee of almost $10 billion to President Donald Trump’s government.
Swiss wealth managers expect the Middle East crisis to boost the inflow of Gulf assets.
Wealthy people are trying to move their assets from the Gulf region to Switzerland due to the intensifying turmoil in the Middle East after the
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