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Google Cloud’s blowout growth pushes Big Tech’s AI outlay to surpass $700 billion.
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
The United Arab Emirates quits OPEC on May 1, a major hit to the oil cartel.
Shell expands operations to Canada’s Montney basin with the acquisition of ARC Resources in a $16.4 billion deal.
Related Digital secures $16 billion in funding for a 1GW Oracle data center in Michigan.
The US boosts the $47 billion cannabis industry with less restrictive rules.
War in Iran worsens food insecurity, pushing 30 million people back into poverty. – UN.
Gaming business AI-driven cost reductions might release $22 billion in earnings, says Morgan Stanley.
War in Iran is creating the worst energy crisis ever faced by the world, IEA says.
Global collaboration on stablecoins is crucial to prevent market fragmentation, BIS says.
In an effort to persuade foreigners to continue investing in the second-largest economy in the world despite its recent weakness and mounting geopolitical tensions, China’s
The multibillionaire businessman Elon Musk unveiled his long-rumored artificial intelligence startup xAI on Wednesday. He also introduced a team of engineers from the same major
The sale of patents by struggling Silicon Valley business zGlue in 2021 was unremarkable save for one detail: 13 months later, startup Chipuller in southern
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
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
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
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
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
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
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
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