In a report released on Monday, the U.N. cautioned that if global progress continues at the current rate, 575 million people will still be living
Category: WORLD NEWS
Bank of America was fined $100m for illegal transactions and undermining customer trust.
Customers are entitled to more than $100 million in compensation from Bank of America for double-dipping on some fees, withholding bonus points, and creating accounts
India’s chip making ambitions collapse as Foxconn pulls out of the $19.5b Vedanta deal.
In a setback to Prime Minister Narendra Modi’s intentions for Indian chip manufacturing, Taiwan’s Foxconn has pulled out of a $19.5 billion semiconductor joint venture
Swiss government blocked Saudi National Bank from acquiring a stake of 40% in Credit Suisse.
The Swiss regulator FINMA forbade Saudi National Bank from increasing its ownership in Credit Suisse from 9.88% to around 40%, according to a story in
China sets new rules to protect investors and promote innovation for the $2.9tr private investment fund sector.
To better protect investors and foster innovation, China announced regulations for the $2.9 trillion private investment fund industry on Sunday. According to a statement from
Brexit fallout: Britain anxious to use pension funds for infrastructure, venture capital, and green technology.
In its next phase of post-Brexit reforms, Britain will attempt to persuade pension plans to spend billions of pounds on infrastructure and start-ups, despite the
UN tech agency deploys robots that resemble humans for roles and questions at the Geneva press conference.
In an effort to start a conversation on the future of artificial intelligence, a United Nations technology agency gathered a group of robots that physically
China Tech crackdown: Securities regulator fines Ant Group almost $1b.
China’s securities regulator announced Friday that Chinese fintech company Ant Group has been fined nearly $1 billion for “illegal acts.” The China Securities Regulatory Commission
Twitter to sue Meta over “copycat” app, as Threads gather over 55m users.
Tens of millions of people have downloaded Meta’s new text-based program, Threads since it launched last week as a competitor to Elon Musk’s social networking
AI robots may help in achieving global goals, such as health.
A professor who worked on the creation of Nadine, a social robot driven by artificial intelligence (AI) and equipped with human-like movements and expressions, believes
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