Virgin Orbit files for bankruptcy after a failed mission.
Following a failed flight this year and increasing difficulty in securing finance for upcoming missions, Richard Branson’s Virgin Orbit has decided to seek Chapter 11
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
The U.S. commits $300m to build a database to research brain-wasting Alzheimer’s disease.
The U.S. National Institute on Aging (NIA) is supporting a 6-year, $300 million initiative to create a sizable Alzheimer’s research database that will allow scientists
StanChart’s redemption US$1b shock-absorbing bond provides reassurance to investors.
Prior to holders of comparable securities losing everything in last month’s Credit Suisse bailout, STANDARD Chartered redeemed a $1 billion so-called extra tier one (AT1)
UN WFP: $23b required to feed 350m people to avoid unrest and starvation.
The head of the Nobel Prize-winning U.N. World Food Program warned Friday that without additional billions of dollars to feed millions of hungry people, the
Verizon and AT&T to implement full C-band use and extend some 5G safety measures.
Late on Friday, four significant U.S. wireless carriers informed the Federal Communications Commission (FCC) that they have reached a voluntary agreement to address issues related
King Charles III captivated Germans with his roots and language skills.
On his three-day trip to Germany, King Charles III captivated the hearts of many people. This was his first overseas tour since taking the throne
Britain rattled post-Brexit seeks to join Trans-Pacific Trade pact.
In its largest trade agreement since Brexit, the UK has decided to join a significant trans-Pacific trade pact. Britain will join the Comprehensive and Progressive
China’s new offshore listing rules trigger a rush for U.S. listing.
The number of U.S. IPOs by Chinese companies increased in March as several of them hurried to set up offshore listings before rules that will
Microsoft’s cloud practices stifling competition. – Google
Google Cloud, a division of Alphabet, has criticized impending agreements with European cloud suppliers and accused Microsoft of engaging in anti-competitive cloud computing tactics, claiming
Nigeria’s overall debt reached $103b in 2022 and may top $171b in 2023. – DMO
The Debt Management Office (DMO) reported on Thursday that as the government increased borrowing to cover its budget deficit, Nigeria’s total public debt increased to
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