US regulators to issue new rules compelling banks to raise $70b in debt to mitigate against failures.
A new rule was put forth by US banking regulators on Tuesday that would require large regional banks to issue around $70 billion in new
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
For the Standard Gauge Railway project in Tanzania, Standard Chartered Bank has successfully set up a $2.33 billion syndicated finance arrangement, the bank announced on
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Qakbot, a global malware network infecting 700,000 computers over 15 years, was taken down by the FBI and partners.
Officials from the United States revealed on Tuesday that the FBI and its European allies broke into and took control of a massive worldwide malware
Vinfast with a $160b valuation becomes 3rd most valuable car company in the world, after Tesla and Toyota.
Vinfast, a Vietnamese manufacturer of electric vehicles, saw a 21% increase in share price on Monday, continuing a rise that had increased the company’s market
Climate change: Private Aircraft in Europe produce CO2 emissions equivalent to over half a million EU residents.
This summer, as part of an expanding campaign against the emissions-producing lifestyles of the ultra-wealthy, climate activists spray-painted a super yacht, stopped private aircraft from
Nigeria’s four state oil refineries are to resume operations in 2024 after a series of fruitless plans.
Nigeria’s new oil minister stated on Friday that the country expects its four oil refineries to be ready by the end of 2024, with the
Apple-1 computer built in Steve Jobs’s garage in 1976 that created a $3t company sold for $233,000.
More than $223,000 was paid at auction for one of the original Apple personal computers that was inscribed with Steve Wozniak’s signature. According to Boston-based
Lebanon’s new central bank chief calls for economic and financial reforms and condemns the printing of money.
The interim governor of Lebanon’s central bank urged the ruling class to enact economic and financial reforms right away, warning that the bank would not
Heineken sells Russian assets, including 7 breweries for $1.08 at a loss of $325m.
The Russian arm of the Dutch brewer Heineken has been sold for just one euro; the company said on Friday, 18 months after Moscow began
Swiss regulator’s review of over 30 banks reveals that Switzerland remains a haven for money laundering.
Switzerland’s financial markets regulator stated on Thursday that a thorough investigation of more than 30 banks this spring revealed that “a large number” did not
UK hospital services to collapse as thousands of senior doctors join their juniors on another 5-day strike.
In the midst of an ongoing salary dispute between doctors and the British government, senior doctors in England are expected to go on another 48-hour
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