During its initial public offering (IPO), Anthropic intends to warn prospective investors that developing AI could pose “catastrophic or existential risks to humanity,” an unprecedented
Category: WORLD NEWS
AmEx global network hits 190M+ merchant locations
American Express has expanded its global network to over 190 million merchant locations, more than doubling its international acceptance over the last four years. This
Trump-Xi Summit: US and China trade $30B in mutual tariff cuts.
In an agreement anticipated to increase bilateral commerce, the United States and China on Monday revealed reciprocal lists of goods worth around $30 billion each
Brazilian giant Nubank targets a blockbuster £10B takeover of British digital bank Monzo.
Brazil’s Nubank is in early talks with British digital bank Monzo about a possible merger, with Monzo valued between £8 billion and £10 billion ($10.60
Azerbaijan signs historic $10B+ investment deals.
At an international symposium in Baku, Azerbaijan unveiled several energy projects and signed agreements worth over $10 billion in prospective investment, according to a presidential
Europe deploys subsidies, tax cuts, and policy pauses to fight soaring fuel costs.
Governments throughout Europe are creating subsidies, tariffs, and policy changes to protect their economies, businesses, and increasingly resentful populations from record gasoline and diesel costs
UK banks hit a milestone with the world’s first tokenized deposit transfers.
In a world-first, Britain’s top banks have used tokenized deposits to transfer money among themselves. This milestone advances blockchain-backed commercial bank money as a safer
SoftBank raises $11.1 billion via the largest high-yield corporate bond sale globally.
As the digital investment giant looks to finance its massive bet on OpenAI, SoftBank Group has raised $11.1 billion in notes denominated in dollars and
Banking alert: AI shopping bots drive up scams, fraud, and data-privacy risks.
Banks like NatWest and Bank of America stated on Tuesday that using AI agents for online shopping might raise the risk of fraud, scams, and
Qatar Wealth Fund and JPMorgan Strike $20 Billion Investment Deal.
Qatar’s sovereign wealth fund QIA and JPMorgan Asset Management on Monday said there are plans to begin a $20 billion strategic relationship spanning public and
Load More
