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Nigeria’s Dangote Refinery raises $2.5 billion in a private placement ahead of a planned IPO.
Meta to diversify beyond advertising with a $10 billion Anthropic compute lease deal.
Apple overtakes Nvidia to become the world’s most valuable company as investors reassess AI’s impact.
JPMorgan, led by Dimon, is poised to become the first bank globally to surpass $1 trillion in assets.
BlackRock’s assets reached a record $15 trillion thanks to ETF inflows and strong markets.
Stripe, Advent bid to acquire PayPal for over $53 billion.
Hungary’s Magyar Fejlesztési Bank gets a €2 billion capital injection with the EU’s approval.
SoftBank, PayPay to rescue Seven & I with $2 billion investment.
UK to regulate BigTech firms to safeguard financial stability.
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
In an effort to encourage developing climate-tech businesses globally and to contribute in the reduction of carbon emissions, HSBC Holdings announced on Wednesday that it
In order to strengthen its defenses against potential security vulnerabilities that may be exacerbated by the widespread use of artificial intelligence, Cisco has agreed to
The family of a man from North Carolina who died after following Google Maps directions and driving his car off a collapsed bridge is suing
In order to move closer to its objective of raising hourly pay to $25 by 2025, Bank of America announced in a statement on Wednesday
A subsidiary of Huawei Technologies is exporting new Chinese-made processors for security cameras, which is a new indication that the Chinese tech giant is figuring
A representative for the U.S. Agency for International Development (USAID) announced that the United States and Norway will each donate a total of $70 million
Although legal claims are complicated by the passage of time and the difficulties in identifying perpetrators and victims,the United Nations said on Tuesday that governments
Diego Labat, the head of Uruguay’s central bank, is content. The country is spearheading a regional pivot towards interest rate relaxation, the inflation rate is
The chairman of the Global Fund to Fight AIDS, Tuberculosis, and Malaria has warned that climate change and violence are hampering efforts to combat three
Heavyweights in the banking industry, including Goldman Sachs and Morgan Stanley, have made a number of layoff announcements this year as part of a cost-cutting
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