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Italy’s UniCredit resumes talks to take over Germany’s Commerzbank, the CEO says.
Nigeria’s Dangote Refinery IPO: Africa’s largest market listing to raise $5 billion in October.
JPMorgan to boost US housing with $750 billion investment.
Surging global demand for critical minerals triggered violence and poverty in Africa, the WTO says.
Ares Management, a leading firm in private credit, garners a record $36 billion in Q2.
Amazon jerks up AI and other technology spending by $20 billion from the windfall of Q2.
EU has allocated $11.4 billion for 7 AI gigafactories to compete with the US and China.
Elon Musk launches X Money, offering 6% interest, 3% cashback, and real-time transfers.
China’s CXMT, the largest chip memory maker, soars 472% with debut.
Britain’s NatWest loaned NBFI Amplifi Capital £250 million before it collapsed, posing risks to the wider financial system.
Following better-than-expected quarterly results on Thursday, Germany’s Commerzbank announced that it has started negotiations with UniCredit on a potential purchase by the Italian lender, saying
Market listing plans for Dangote refinery Nigeria’s Dangote refinery plans Africa’s largest-ever market listing. Additionally, the Dangote refinery listing aims to raise about $5 billion
To boost supply and encourage homeownership in the United States, JPMorgan announced on Monday that it intended to invest more than $750 billion in housing
The head of the World Trade Organization stated on Wednesday that rising global demand for essential minerals should be “a once-in-a-lifetime chance” for resource-rich nations
As institutions continued to allocate to the asset class, Ares Management, one of the biggest names in private credit, reported a record fundraising of $36
Amazon announced that it will increase its capital expenditures on technology, primarily artificial intelligence, by an extra 10% this year. The tech and e-commerce giant
The executive of the 27-nation bloc announced on Thursday that the European Union is providing 10 billion euros ($11.4 billion) in funding for companies to
Elon Musk’s social media firm X has introduced a tool similar to a bank account that allows users to transmit money to each other. X
China’s largest memory chip manufacturer, CXMT, saw its shares soar on Monday as it started trading in Shanghai in the country’s largest IPO in recent
In the years before its collapse last month, London-based consumer credit company Amplifi Capital received up to £250 million ($333 million) in funding from Britain’s
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