Fifth Third acquires Comerica in $10.9 billion all-stock deal to create the 9th largest U.S. bank.
In an all-stock deal, Fifth Third Bancorp is linking up two major regional banks by purchasing Comerica for $10.9 billion. With assets of about $288
Africa’s biggest oil producer, Nigeria’s NNPC, records a $4.2 billion after-tax profit in 2025.
With Africa's largest oil producer recording an average daily production of 1.62 million barrels of crude and condensate, Nigeria's state oil company, NNPC, reported after-tax
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
U.S. government shutdown drives Bitcoin above $125,000, deflating the dollar.
The biggest cryptocurrency in the world by market value, Bitcoin, reached a record high on Sunday and was up about 2.7% at $125,245.57 at 0512
EU risk watchdog warns that failure of stablecoins could trigger a run on reserves.
Echoing a warning from the European Central Bank that their failure may trigger a run on reserves, the European Union’s financial risk watchdog demanded urgent
OpenAI at $500 billion becomes the most valuable startup in the world.
Following a secondary equity sale intended to retain staff at the ChatGPT maker, OpenAI may now surpass Elon Musk’s SpaceX and TikTok’s parent firm, ByteDance,
U.S. government shuts down putting 750,000 jobs at risk and airports to close.
Deep party differences stopped Congress and the White House from striking a financial agreement, forcing the U.S. government to shut down most of its activities
Electronic Arts’ $55 billion deal is the largest public company buyout ever.
The largest leveraged buyout in history, Electronic Arts will go private in a $55 billion all-cash deal spearheaded by Silver Lake, Jared Kushner’s Affinity Partners,
China’s new K visa attracts global tech talent as the U.S. hikes H-1B visa fee.
This week marks the launch of China’s new visa program designed to attract foreign IT talent. The move is seen as helping Beijing in its
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South Korea defies Trump’s US$350 billion tariff deal amid concerns over financial meltdown.
Seoul’s presidential adviser said on Saturday that South Korea is seeking for an alternative solution because it cannot afford to pay $350 billion in upfront
Trump imposes steep US tariffs on furniture, drugs, and heavy trucks, citing national security.
Following a period of relative peace, U.S. President Donald Trump on Thursday announced sweeping new import tariffs, including 25% levies on heavy-duty vehicles and 100%
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