Piero Cipollone, a member of the European Central Bank board, stated on Friday that eurozone banks require a digital euro to react to U.S. President
Category: WORLD NEWS
Emerging economies to suffer net capital outflows as Trump’s policies pump up the US economy, JPMorgan warns.
Investment bank JPMorgan warned Thursday that emerging markets may be witnessing a dreaded “sudden stop” of capital flows as President Donald Trump’s “America First” policies
Saudi Arabia pledges to invest $600 billion in the US in return for Trump’s first foreign trip.
Saudi Arabia’s crown prince said on Thursday that the kingdom intends to spend $600 billion in the United States over the next four years. This
Trump announces Stargate, a $500 billion AI infrastructure by OpenAI, SoftBank, and Oracle.
On Tuesday, U.S. President Donald Trump announced that the private sector would contribute up to $500 billion to finance artificial intelligence infrastructure, aiming to surpass
FDIC sues 17 former directors and officers of the failed Silicon Valley Bank for billions of dollars.
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
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
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