South Korean foreign exchange authorities purchased roughly $20 billion in US dollars that SK Hynix sold following its $26.5 billion US depositary receipt listing in
Category: WORLD NEWS
Goldman Sachs, BofA, and 19 other banks to issue dollar stablecoins jointly in 2027.
A group of twenty-one financial institutions, including Goldman Sachs, Bank of America, Citi, and Deutsche Bank, announced on Tuesday that they intend to establish a
Aon acquires rival insurance firm USI for $17 billion in a landmark industry deal.
In one of the largest insurance acquisitions in recent memory, Aon announced on Monday that it would purchase rival USI Insurance Services from private equity
ChatGPT Ads has achieved an annualized revenue run rate of $1 billion as global rollout takes off.
OpenAI said on Monday that its advertising division, ChatGPT Ads, has achieved an annualized revenue run rate of $1 billion as adoption increases and the
German insurer Allianz is evaluating a $6.77 billion buyout of AA, a roadside rescue giant.
Allianz, a financial services business located in Germany, is contemplating a £5 billion ($6.77 billion) takeover attempt for AA, the breakdown recovery group. Founded in
Anthropic is exploring a deal with MatX, a chip startup, to boost its internal chipmaking capabilities.
Anthropic proposed paying about $7 billion to acquire artificial intelligence chip firm MatX in order to expedite efforts to create specialized hardware for its rapidly
Meta resolves multi-state teen social media addiction lawsuit with an $18 billion settlement.
As part of a historic court settlement that ended a trial over teen social media addiction and resolved allegations made by almost every state, Meta
UK pushes forward with the first £10 billion low-cost housing spree.
With an emphasis on London, Britain announced intentions to spend £10 billion ($13.6 billion) on affordable housing for renters; nonetheless, its goal of providing social
Italy’s Monte dei Paschi offers $40 billion for BPM and Banca Generali to counter Intesa.
To thwart a hostile takeover by Intesa Sanpaolo, Italy’s Monte dei Paschi di Siena on Friday offered separate all-share bids totaling roughly €34 billion ($40
US plans to pay $725 million toward the $4 billion UN debt to prevent its imminent collapse.
The Trump administration has notified Congress of its plan to pay $725 million to the United Nations. Aid experts hailed this action as a positive
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