Swisscom, a telecom company, announced on Wednesday that it is in discussions with Vodafone Group to acquire its Italian business for a potential 8 billion
Category: WORLD NEWS
Barclays leverages credit risk transfer with the sale of $1.1b US credit card debt to Blackstone.
Barclays has agreed to sell Blackstone around $1.1 billion in credit card debt in the US. The British bank claimed that this transaction would free
SK Telecom partners with Perplexity AI search firm to oust Google in Korea.
The largest telecom company in South Korea, SK Telecom, has partnered with the American artificial intelligence startup Perplexity to provide its consumers with an AI-powered
Broadcom is set to announce the sale of an end-user computing unit to KKR for $3.8b this week.
Chipmaker Broadcom is closing on a $3.8 billion deal to sell its business, which enables customers to access desktops and applications from any device to
US judge rules that Barclays must answer to the shareholders’ lawsuit on the $17.7b debt sale blunder.
On Friday, an American judge said that Barclays would have to deal with a proposed class action from investors who claimed the British bank had
Nvidia’s near $2tr market capitalization rattles the US stock market.
Nvidia Corp has personified the artificial intelligence fervor of the U.S. market more than any other stock, leaving Wall Street vulnerable to the swings of
World Bank warns that low-income countries are locked in a debt trap with high-interest loans.
The World Bank issued a warning, stating that the requirement for poor countries to accelerate slowing economic growth has “changed dramatically” due to high borrowing
Capital One will acquire Discover for $35b, in a deal that will upset the US payments industry.
In a deal that would combine two of the country’s credit card businesses and perhaps upend the payments sector, which is primarily controlled by Visa
Tech giants see generative AI as a threat to democracy, sign accord to stop deepfakes.
Leading tech firms agreed on Friday to voluntarily take “reasonable precautions” to stop the use of artificial intelligence tools to rig national and international elections.
US to give Intel $10b in subsidies to build the world’s largest chip plant in Ohio.
The Biden administration is considering giving Intel Corp more than $10 billion in subsidies. A combination of loans and direct grants are probably part of
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