Bank of Canada halts rate at a 15-year high of 4.5%, as the economy picks up.
At its meeting on Wednesday, the Bank of Canada is anticipated to accept the unexpected recent economic strength and hold interest rates steady, betting on
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
Tesla’s cameras recorded videos and images shared by staff; hit with a lawsuit for alleged privacy intrusion.
A California Tesla owner filed a potential class action lawsuit against the electric vehicle manufacturer on Friday, accusing it of violating its clients’ privacy. The
Baidu files lawsuit against Apple, App Developers over fake Ernie Bot Apps.
Due to phony versions of its Ernie bot software being offered on Apple’s app store, Chinese search engine giant Baidu has launched lawsuits against “relevant”
IRS to spend $80b largesse on improved operations, audits of wealthy, not armed agents with guns.
The IRS provided information on how it intends to use the $80 billion injection for better operations on Thursday, promising to invest in new technology,
Tesla cuts prices on all models for the 5th time this year as sales growth falls short.
For the fifth time this year, Tesla slashed prices across the board for all of its U.S. electric vehicle models in an apparent bid to
U.S. – China Tech war triggers $500m Chinese subsea internet cable.
A $500 million undersea fiber-optic internet cable network connecting Asia, the Middle East, and Europe is being developed by state-owned Chinese telecom companies to compete
Nigeria gets $800m World Bank funding to cushion the suffering of 100m poor people ahead of fuel subsidy removal.
According to Finance Minister Zainab Ahmed on Wednesday, Nigeria received $800 million from the World Bank to expand its national social program before the withdrawal
The multi-trillion dollar decarbonization industry may surpass the oil industry in 10 years. – Exxon.
According to CEO Darren Woods, Exxon Mobil Corp.’s Low Carbon division could surpass the company’s regular oil and gas operations within ten years and provide
AI supercomputer is faster and greener than the Nvidia A100 chip. – Google.
Google, a subsidiary of Alphabet Inc., provided fresh information on its supercomputers on Tuesday, claiming that they are quicker and more energy-efficient than equivalent systems
The banking crisis highlights capital and liquidity concerns in view of rising interest rates. – EU watchdog.
Following recent industry instability, banks in the European Union must be “cautious” with dividends and other payouts and concentrate on maintaining healthy cash reserves, the
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