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UK’s Metro Bank is considering a merger with rival Aldermore in a $2.7 billion deal.
Google is to introduce a new server chip to run Gemini models more effectively.
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.
To compete with Microsoft and Google in a crucial field of artificial intelligence, Amazon.com’s cloud division has attracted thousands of customers to try out its
On Wednesday, the main banks in Europe, notably Deutsche Bank and Lloyds Banking Group, warned that the possibility of default was rising as the world
Since there are few, if any, indicators that their salary dispute with the government will be resolved, tens of thousands of doctors in Britain’s publicly
The $2.3 billion new underground operations at the Venetia mine in South Africa have begun production; according to global diamond giant De Beers, who released
The European Union’s master plan to increase semiconductor production received final approval from its member states on Tuesday, paving the way for a mammoth drive
Sam Altman, the CEO of OpenAI, unveiled the cryptocurrency Worldcoin on Monday. The project’s main product is its World ID, which the business refers to
The ECB supervision chief announced on Saturday that starting in September; the ECB will want weekly liquidity data from banks in order to conduct more
The biggest significant alteration after Elon Musk paid $44 billion for the social media network last year would be to replace the bird-shaped Twitter logo
Managing the “enormous” promise and risks posed by the technology, according to President Joe Biden will require new commitments from companies like Amazon, Google, Meta,
Companies are rushing to recycle electric vehicle batteries in North America due to a little-known provision in the U.S. Inflation Reduction Act, putting the continent
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