US SEC considers new rules in years for the $20 trillion private fund sector.
In a triumph for the industry, the U.S. Securities and Exchange Commission decided against outright prohibiting some fees and making it simpler for investors to
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
Western powers are on the brink of losing the confidence and trust of developing nations. – EIB chief.
The head of the powerful financing arm of the European Union has warned that unless the West rapidly steps up its support efforts, it runs
Egypt reports new oil discoveries in the Geisum and Tawila West Concession area.
The Geisum and Tawila West Concession in the Gulf of Suez was the site of a fresh oil discovery, according to the petroleum ministry of
US Broadcom cleared by UK regulator to acquire VMware in $69b deal.
Following an extensive phase-2 investigation, the UK’s competition watchdog announced on Monday that it had approved the $69 billion acquisition of VMware by American tech
Global hunger worsens as India’s ban on export and climate change puts rice price at a 15-year high.
Francis Ndege is unsure if his customers in the biggest slum in Africa can continue to afford to purchase rice from him. Because of higher
Warren Buffett gifts Berkshire Hathaway stock worth $27m to a charity, making a total giveaway of $50b.
Warren Buffett, an investor, has given an unidentified charity $27 million worth of Berkshire Hathaway stock. Buffett revealed in a filing with the Securities and
Nigeria’s NNPC borrows $3b from Afrexim bank to salvage the free-falling naira.
Nigeria’s state-owned oil company NNPC announced on Wednesday that it has obtained a $3 billion crude oil repayment loan from the Afrexim Bank in Cairo.
China scuttles a $5.4b Intel-Tower international chip deal.
The cancellation of Intel’s $5.4 billion acquisition of an Israeli chip company is the result of China’s refusal to approve the transaction in the face
Bank of Ireland’s technical glitch that gave customers an extra $1,090 payment is now resolved.
Bank of Ireland announced on Wednesday morning that technical issues that permitted some customers to withdraw or transfer more money than was in their accounts
Nigeria’s inflation rose to 24.08% in July, the highest in 20 years, worsening the cost of living crisis.
Nigeria’s annual inflation rate increased to 24.08% in July from 22.79% in June, which worsened the continent’s largest economy’s cost-of-living crisis as President Bola Tinubu’s
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