Chevron to acquire PDC Energy in a $7.6b deal to expand U.S. drilling inventory.
Chevron Corp announced on Monday that it will purchase PDC Energy Inc. for $7.6 billion, including debt, in an all-stock deal, expanding its U.S. drilling
AfDB raises $11 billion for poor nations with US funding still pending.
The African Development Bank (AfDB) said on Tuesday that it had raised $11 billion for its fund, which lends money to low-income nations on advantageous
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
Meta may cut-off European users over a record-breaking $1.3b fine for privacy violations.
The European Union issued Meta a record $1.3 billion privacy violation fine on Monday and told it to stop sending user data over the Atlantic
Mexico car show carnage: 12 dead, 9 injured.
The local administration of Baja California, in northern Mexico, stated that a shootout at a car show on Saturday resulted in at least 12 fatalities
Chip tech war: China bars U.S Micron’s products for constituting a national security risk.
China’s cyberspace authority declared on Sunday that Micron Technology products had failed its network security examination and that operators of crucial infrastructure would no longer
Wobbly grid: California grid operator signs off an energy mix of 40GW at a cost of $7.3 billion.
The electric grid operator in California has authorized a proposal for 45 new power transmission projects, estimated to cost $7.3 billion over the next ten
Brokerage Charles Schwab to raise $2.5b debt offering, as investors capitalize on a spike in yields.
In an effort to profit from investors hoping to take advantage of a rise in yields, Charles Schwab Corp announced on Thursday that it is
Twitter accuses Microsoft and OpenAI of “illegally” using its data to develop complex AI systems like ChatGPT.
A lawyer for Elon Musk, the owner of Twitter, accused Microsoft of exploiting the service’s data and he ordered an investigation. The letter mostly discusses
Britain supports the computer chip industry with $1.2b, dwarfed by U.S Chips Act’s $52b and E.U’s $46b.
In an effort to lessen reliance on Asian production of the computer chips that are crucial to contemporary living, the British government published its long-awaited
The UK taxpayers incurred $200 million on the funeral of Queen Elizabeth II.
According to the treasury, the cost of Queen Elizabeth II’s funeral and lying-in-state to the British government last year was estimated at 162 million pounds
China’s debt trap diplomacy leaves the poorest nations comatose at the mercy of the Chinese, IMF, and World Bank.
Under the weight of hundreds of billions of dollars in foreign loans, a large portion of which are from China, the largest and most forgiving
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