EU to invest $47b in computer chip production and wean itself off reliance on Asia.
In an effort to reduce its reliance on Asia for the small computer chips that run everything from vehicles to washing machines, the European Union
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
For the Standard Gauge Railway project in Tanzania, Standard Chartered Bank has successfully set up a $2.33 billion syndicated finance arrangement, the bank announced on
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. Treasury excludes BMW, Rivian, Hyundai, and Volvo from access to EV tax credits.
According to new guidelines for battery procurement, the US Treasury changed its list of electric vehicles qualifying for a $7,500 EV tax credit, and BMW,
J&J Talc Unit maneuvers to halt 38,000 lawsuits alleging its baby powder and other talc products cause cancer.
A Johnson & Johnson subsidiary is once more requesting that a U.S. judge halt the tens of thousands of lawsuits that have been filed against
Nigeria’s crude export is at risk as Exxon declares force majeure.
Following industrial action by the firm’s internal workers union, Exxon Mobil Corp. in Nigeria declared force majeure on oil liftings from several terminals in the
U.S clean energy law leaves EU leaders fuming.
In a rural village close to the Arctic Circle, Norwegian firm Freyr will initially construct batteries to power electric vehicles and store sustainable energy. What
Merck diversifies into immunology with the acquisition of Prometheus Biosciences for $11b.
Prometheus Biosciences Inc. has agreed to be acquired by Merck & Co. for approximately $10.8 billion in order to strengthen the company’s position in immunology,
Alabama dance hall mass shooting leaves 4 dead and over 20 others hurt.
The Alabama Law Enforcement Agency reported that a shooting occurred Saturday night in Dadeville that resulted in four fatalities and numerous injuries. According to the
7 Global Banks to Pay $651.5m in a rate-rigging settlement.
To resolve a lawsuit brought by American investors who claimed Societe Generale SA had broken the law by colluding with rivals to fix the important
Nigerians get poorer as the inflation rate accelerated in March to 22.04%.
Nigeria’s Bureau of Statistics reported on Saturday that the country’s annual inflation rate increased to 22.04% in March from 21.91% the previous month. The greatest
Cash machine crime wave hits Germany with over 53,000 ATMs.
Exploding ATMs is a contentious issue in the German town of Ratingen. Last month, two were detonated at dawn at Santander and Deutsche Bank locations
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