In response to soaring fuel costs brought on by the war in Iran, five European Union finance ministers are advocating for a tax on windfall
Category: WORLD NEWS
Microsoft commits $10 billion to expand cyber defence and AI in Japan.
Microsoft announced on Friday that it will invest 1.6 trillion yen ($10 billion) in Japan between 2026 and 2029 to bolster cybersecurity cooperation with the
Goldman Sachs acquires Innovator Capital with 240 ETFs globally valued at $90 billion.
Goldman Sachs announced on Thursday that it had successfully acquired Innovator Capital Management, an active exchange-traded fund provider, increasing the Wall Street bank’s footprint in
Sysco acquires Restaurant Depot in a $29 billion deal to enter the high-margin restaurant business.
In a deal valued at over $29 billion, Sysco, the biggest food distributor in the country, will purchase supplier Restaurant Depot. Through the acquisition, Sysco
Global awareness for renewable energy came to the fore with the energy impact of the Iran War.
Calls for accelerating the transition to renewable energy are becoming more urgent as the war in Iran highlights the world’s dependence on precarious fossil fuel
SoftBank obtains a $40 billion loan to increase its investments in OpenAI.
SoftBank Group said on Friday that it has obtained a $40 billion bridge loan to support investments in OpenAI, the company that makes ChatGPT, as
Equitable and Corebridge are negotiating a merger to establish a $22 billion insurer.
Equitable and Corebridge are in talks to merge in an all-stock merger that would create a $22 billion retirement, asset management, and wealth management juggernaut.
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
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
