Thanks to the surge in artificial intelligence, China’s Alibaba Group reported a 34% increase in revenue from its cloud division in its most recent quarter.
Category: WORLD NEWS
Alphabet’s market cap to hit $4 trillion as AI develops traction.
With a remarkable year-long run driven by the Google parent company’s increased emphasis on artificial intelligence capabilities, Alphabet was on track to reach a milestone
The Geneva-based Global Fund to Combat AIDS, Malaria, and Tuberculosis gets $11 billion from world leaders.
At an event in Johannesburg on Friday, a global health program that fights AIDS, TB, and malaria raised $11.34 billion, falling short of its goal
Japan approves a $135 billion stimulus plan to boost its faltering economy.
A stimulus package worth 21.3 trillion yen ($135.4 billion) was adopted by the Japanese Cabinet on Friday to alleviate the effects of rising prices and
The G20 watchdog warns leaders that private credit markets and stablecoins need close monitoring.
The Group of 20’s financial risk watchdog informed leaders ahead of their summit in South Africa that the surge in private credit markets and stablecoins
The EU names 19 tech giants as critical third-party computing providers for the finance industry.
19 technology companies, including Amazon Web Services, Google Cloud, and Microsoft, were named by European Union regulators on Tuesday as critical third-party computing providers for
China lent $2 trillion globally, with the US as the biggest recipient, despite warning others to avoid the loans.
Washington has been cautioning nations for years not to rely on loans from Chinese state banks that are driving the country’s ascent to superpower status.
Hyundai Motor endorses the US-South Korea trade deal with an $86 billion investment.
Hyundai Motor Group announced on Sunday that it will invest 125.2 trillion won ($86.47 billion) in South Korea between 2026 and 2030 following Seoul’s finalization
Google agrees to ad-tech changes to avoid a breakup in the EU’s $3 billion antitrust case.
Two months after Brussels slammed the US behemoth with a hefty fine, Google on Friday announced adjustments to its advertising services to reduce the possibility
US-South Korea trade deals unveil $350 billion for shipbuilding, industries, and nuclear subs.
A $150 billion Korean investment in the American shipbuilding industry and an additional $200 billion designated for industrial sectors are among the terms of a
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