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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.
New digital regulations introduced by the European Union on Wednesday target businesses like Apple, Amazon, Microsoft, Alphabet, the parent company of Google, Facebook’s owner Meta,
China is getting ready to launch a new state-backed investment fund with the goal of raising approximately $40 billion for its semiconductor industry as the
PZ Cussons, a soap manufacturer, announced on Tuesday that it has offered to buy out PZ Cussons Nigeria’s minority owners and plans to delist the
Following their summer break, British parliamentarians returned to the House of Commons on Monday. However, because of the danger posed by collapsing concrete, thousands of
A report released Monday by a platform that analyses multinational corporations and by two organizations advocating for a transition to renewable energy, the Dutch government
The tolerance of American industry was “wearing thin,” warned U.S. Commerce Secretary Gina Raimondo in interviews that were televised on Sunday, adding that American businesses
In an interview that was published on Sunday, Indian Prime Minister Narendra Modi urged the United Nations to modernize in order to secure the participation
In extended trading on Friday, shares of Blackstone and Airbnb rose after S&P Dow Jones Indices announced that the two businesses would enter the S&P
Several of Arm Holdings Ltd.’s clients have agreed to invest in the chip designer’s initial public offering, including Apple Inc., Nvidia Corp., Alphabet Inc., and
A senior banker involved in the industry warned on Friday that a bill being proposed by the Italian prime minister’s party to assist those in
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