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
Category: WORLD NEWS
JPMorgan to boost US housing with $750 billion investment.
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
Ares Management, a leading firm in private credit, garners a record $36 billion in Q2.
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 jerks up AI and other technology spending by $20 billion from the windfall of Q2.
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
EU has allocated $11.4 billion for 7 AI gigafactories to compete with the US and China.
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 launches X Money, offering 6% interest, 3% cashback, and real-time transfers.
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 CXMT, the largest chip memory maker, soars 472% with debut.
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
Britain’s NatWest loaned NBFI Amplifi Capital £250 million before it collapsed, posing risks to the wider financial system.
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
Kuwait Petroleum Corporation signs a $16 billion oil pipeline network lease and leaseback, the largest FDI ever.
Kuwait Petroleum Corporation (KPC), a state-owned Gulf company, announced on Saturday that it has reached a $16 billion agreement with a group of international funds,
EU fines Google $1 billion for favoring its own services in the Play app store and search results.
The European Union fined Google 890 million euros ($1 billion) on Thursday for allegedly violating digital antitrust laws by using Google Play and its widely
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