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Judge awards Anthropic a $1.5 billion settlement for the largest copyright infringement in history, utilized to train the Claude chatbot.
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.
United Nations report released on Sunday shows that the demand and supply of cocaine are rising globally, and the trafficking of methamphetamine is reaching new
In order to lessen the sector’s problematic exposure to foreign exchange, food giant Nestle’s operations in Nigeria and other African nations are increasing their sourcing
Law enforcement officials and merchants are looking into a recent spate of bomb threats that have been made against grocery chains and other businesses around
The Bank for International Settlements (BIS), the organization that unites all of the world’s central banks, called for additional interest rate increases on Sunday, warning
IBM is close to reaching an agreement to buy software developer Apptio for roughly $5 billion. The deal between the corporations might be finalized over
Aramco and TotalEnergies announced in a joint statement on Saturday that they had signed a $11 billion contract to begin construction on a new petrochemicals
The Paris Summit on Finance and Climate came up short of reaching an agreement to impose a charge on greenhouse gas emissions from international shipping.
In the midst of an outpouring of condolences for the five people on board who perished, authorities turned their attention to figuring out why submarine
Following the Bank of England’s surprise increase in borrowing costs on Thursday—a move intended to combat persistently high inflation but which will have a significant
U.S. banks are attempting to soften a significant regulatory plan to increase bank capital requirements because they fear it will be too burdensome, especially for
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