In what CEO Mark Zuckerberg dubbed the “year of efficiency,” Meta Platforms Inc. tripled its earnings and reported significantly greater revenue in the last quarter
Category: WORLD NEWS
The World Bank tackles the climate crisis with emergency funds and catastrophe bonds.
To better assist member nations affected by natural disasters and other shocks in responding to a world that is becoming more and more prone to
Farmers’ rage grows throughout Europe over taxes, green rules, and cheaper imports.
In protest of increased taxes and growing expenses, farmers set off fireworks, ignited fires close to the European Parliament in Brussels, and flung eggs and
China’s Country Garden puts a $570m London residential building up for sale after defaulting on offshore payments.
Chinese real estate developer Country Garden is moving forward with asset sales both domestically and internationally following its offshore loan default by listing its 450
China has lost Teradyne’s $1b semiconductor manufacturing contract to U.S. export controls.
A Teradyne representative stated on Monday that the company, Teradyne, a provider of semiconductor testing equipment, withdrew manufacturing worth around $1 billion from China last
Nippon Steel to acquire U.S. Steel with $16b in loans to be funded by 3 megabanks in Japan.
Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group, and Mizuho Financial Group, plan to lend Nippon Steel a combined $16 billion for its planned acquisition
China Evergrande was forced into liquidation with over $300b in liabilities, compounding the housing crisis.
China Evergrande, the most indebted real estate developer in the world, was forced into liquidation by a Hong Kong court after an unsuccessful attempt to
The COVID-era employee retention tax credit program was 95% fraud, and Congress is anxious to shut it down.
During a recent private meeting between senators and IRS Commissioner Danny Werfel, the chairman of the Senate Finance Committee requested his opinion on an astonishing
The private credit market has reached $2 trillion as banks are reluctant to make high-risk loans.
The asset management subsidiary of Morgan Stanley collects money from big investors to lend to businesses, to double its private credit portfolio to $50 billion
US to award billions of dollars in subsidies to semiconductor companies to build new factories.
To assist in the construction of new factories in the United States, the Biden administration is expected to grant billions of dollars in subsidies to
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