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AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
EU fines Google $1 billion for favoring its own services in the Play app store and search results.
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.
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
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
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
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
A distressed debt cycle, in which the number of businesses with excessive debt loads or refinancing issues increases, is already in effect and is expected
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
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
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)
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
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
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