In a lawsuit filed Thursday, the FDIC sought billions of dollars from 17 former Silicon Valley Bank executives and directors for alleged gross negligence and
Category: WORLD NEWS
German airline Lufthansa acquires 41% of Italian airline ITA Airways and full ownership by 2033.
A protracted period of uncertainty for Italy’s erstwhile flagship carrier ended on Friday when the German Lufthansa Group completed its acquisition of Italian airline ITA
Taiwan to combine AI development with robotics using an advanced new plant.
On Thursday, Siliconware Precision Industries Co. opened a new plant, strengthening Taiwan’s crucial position in manufacturing cutting-edge semiconductor chips used in artificial intelligence. Jensen Huang,
TikTok ban, US users embrace Chinese app Xiaohongshu in protest.
The Chinese social networking app Xiaohongshu is the most downloaded in the United States as a result of TikTok users moving to it in large
A US watchdog sues Capital One, alleging the bank cheated customers out of $2 billion.
A U.S. watchdog is suing Capital One for allegedly deceiving customers about its high-interest savings account options and “cheating” them out of almost $2 billion
US passes regulations to support large-scale AI infrastructure expansion.
On Tuesday, President Joe Biden issued an ambitious executive order on artificial intelligence that aims to guarantee that the United States can swiftly and efficiently
Apple’s board advises shareholders to reject the plan to terminate diversity initiatives.
Apple’s new board of directors suggested that investors reject a shareholder request to discontinue the business’s DEI (Diversity, Equity, and Inclusion) initiatives, the company said
Meta axes diversity and inclusion program as it prepares for Trump 2.0
The parent company of Facebook and Instagram, Meta Platforms Inc. is eliminating its diversity, equality, and inclusion program, which covers hiring, training, and selecting partners,
UN predicts world economic growth will stagnate at 2.8% in 2025, held back by the US and China.
The U.S. and China, the world’s two largest economies, are expected to restrain global economic growth, which is expected to stay at 2.8% in 2025,
EBRD investments rose by 26% to a record $17.1 billion in 2024.
More projects in Ukraine and green finance helped the European Bank for Reconstruction and Development increase its investments by 26% in 2024 to a record
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