The largest restructuring of China’s market leader in online commerce since its founding more than 20 years ago, Alibaba wants to divide its $US220 billion
Category: WORLD NEWS
Nashville mass school shooting was carried out by an ex-student with a detailed plan to kill.
Before carrying out the massacre, the former pupil had sketched out a detailed map of the school, including potential entry points, and conducted surveillance of
First Citizens buys troubled Silicon Valley Bank in bid to stem global banking crisis.
The computer industry-focused financial institution Silicon Valley Bank, whose collapse earlier this month rattled the banking sector and sent shockwaves throughout the world, will be
IMF says, global economic recession looms from the banking crisis, calls for caution.
Kristalina Georgieva, the head of the International Monetary Fund, urged ongoing vigilance in a speech given on Sunday in Beijing, warning that risks to financial
Elon Musk values Twitter at $20b, giving over 50% loss on a $44b purchase price in 2022.
Elon Musk, the CEO of Twitter Inc., has offered stock grants to the workers of the social media business valued at close to $20 billion,
Microsoft Threatens To Cut Off Rival AI Search Engines From Bing Internet Data.
According to sources familiar with the situation, Microsoft Corp. has threatened to stop granting rival search engines access to its internet search data if they
Banking Crisis Opens Up the Fast-Growing Aerospace Industry to Private Equity.
Due to suppliers’ need for finance to keep up with the surge in demand for planes and parts, executives claimed that financial sector headwinds are
ECB calls for EU deposit insurance in a bid to reassure EU leaders over bank stability.
Following market turbulence brought on by Swiss and American banks, the European Central Bank is likely to reassure European Union leaders on Friday that banks
Bitcoin mining boom threatens electric grid in Texas.
According to a leading trade group, the surge in the power requirements for the miners has prevented cryptocurrency bankruptcy cases and concerns about electric power
Japan Industrial Partners to take Toshiba private in a $15b deal.
The board of Toshiba Corp. has approved a purchase bid from a group led by private equity firm Japan Industrial Partners, the company announced on
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