China Big Tech crackdown: Market value of $1.1tr lost.
Since the government’s regulatory crackdown on the sector started more than two years ago, China’s largest tech businesses have lost more than $1 trillion in
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
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
Egypt to sell state assets worth $1.9b as part of economic reforms under a $3b IMF loan program.
As part of a drive to strengthen the private sector and raise scarce hard currency, Egypt has inked contracts to sell stakes in state assets
UN raises alarm that development goals for 2030 are in jeopardy, as 575m people will live in extreme poverty.
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
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
Egypt’s annual inflation hits a record high of 36.8% with the collapse of the currency throwing 30% of the population into poverty.
As the most populous Arab nation struggles with price increases and a weakening currency, Egypt’s annual inflation rate reached a record high in June, according
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
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