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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.
During a conference in New Zealand on Sunday, Britain formally joined an Asia-Pacific trade alliance that also consists of Japan and ten other countries. More
Following an air transport union planned work stoppage two days after a train strike that crippled rail service, hundreds of flights across Italy were canceled
As Japan pushes for zero-carbon energy, Nikkei reported on Saturday that Japanese company Toshiba and American company General Electric intend to create a local supply
As part of a plan to divest such companies, Standard Chartered stated on Friday that it has struck a deal to sell its subsidiaries in
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
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