Amazon commits $10 billion to a data center and AI campus in North Carolina.
In an enormous boost to an area where much textile and garment employment vanished a generation ago, Amazon intends to invest $10 billion to construct
Swiss-based bottler Coca-Cola HBC acquires control of the African bottling business for $2.6 billion.
Coca-Cola HBC, a Swiss-based bottler, announced on Tuesday that it has agreed to pay $2.6 billion to acquire a 75% ownership in its African counterpart.
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
Toyota will take forklift-maker private in a $33 billion landmark unwinding of cross-shareholding deal.
The companies announced on Tuesday that Toyota Motor will take forklift maker Toyota Industries, private in a $33 billion deal. The companies said that going
US life insurers moved $800 billion in reserves to private equity firms between 2019 and 2024
A recent Moody’s Ratings research states that between 2019 and 2024, U.S. life insurers transferred close to $800 billion in reserves to overseas affiliates as
HSBC shuts down US business to focus on Asian and Middle Eastern markets.
As part of its ongoing efforts to streamline operations and concentrate on the markets in Asia and the Middle East, HSBC is withdrawing its business
Nigeria is set to process lithium with four Chinese-funded plants by year-end.
A $600 million lithium processing plant near the Kaduna-Niger border is scheduled for commissioning this quarter, while a $200 million lithium refinery on the outskirts
Global markets tumbled as Trump hit the EU with 50% tariff and Apple 25%.
On Friday, U.S. President Donald Trump issued another threat to escalate his trade battle. He imposed a 50% tariff on goods from the European Union
Kraken launches trading in digital tokens of Apple, Tesla, and Nvidia shares.
Cryptocurrency exchange Kraken intends to introduce tokenized versions of over 50 stocks and exchange-traded funds, including shares of Apple, Tesla, and Nvidia. The move will
Google launches “AI Mode” in the next phase of its search revolution.
In a bid to speed up a year-long transformation of its search engine that is altering how people obtain information and reducing the amount of
Tariffs and world economic unrest threaten the AI growth.
Fears of slow returns and skepticism stoked by AI models manufactured at a low cost by China’s DeepSeek have been dismissed by corporate America’s AI
The US antitrust agency sues Meta to force the spinoff of WhatsApp and Instagram.
The internet giant may be forced to separate Instagram and WhatsApp, businesses it acquired more than ten years ago and which have now developed into
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