Trump announces Apple-Intel partnership for design and production of “Made in US Chips.”
In a Truth Social post on Thursday, U.S. President Donald Trump stated that Apple has decided to collaborate with Intel to design and produce its
Tanzania eyes a $42 billion LNG deal and 8,000 MW of power to boost industrialization.
Finance Minister Khamis Mussa Omar said that Tanzania anticipates finalizing agreements on significant investment projects in the upcoming months, including a $42 billion LNG development
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
Goldman Sachs’ $1 trillion first-half M&A volume creates a new benchmark for dealmaking.
The Wall Street giant stated in a LinkedIn post using Dealogic statistics that it has overseen over $1 trillion worth of announced mergers and acquisitions
SpaceX acquires AI coding startup Cursor for $60 billion to surpass Anthropic and OpenAI.
Following its Wall Street debut last week, SpaceX will proceed with its $60 billion acquisition of artificial intelligence firm Cursor as Elon Musk’s space exploration
Fox Corp. and Roku’s $22 billion merger deal is to produce the third-largest US television network by share of viewing.
The streaming pioneer Roku will be acquired by Fox Corp. in a cash-and-stock deal worth around $22 billion, including debt. In addition to the Roku
U.S. bank regulators are rattled by the speed and extent of AI use at financial companies.
U.S. banking regulators are increasing their scrutiny of how lenders use artificial intelligence as the emerging technology spreads throughout the sector. They are pressing companies
Elon Musk becomes the first trillionaire in history as SpaceX goes public.
Even though Elon Musk may never populate Mars as he has claimed, enough investors view the inventor of SpaceX as a kind of miracle worker
The U.K.’s Frasers Group offers to buy struggling German fashion brand Hugo Boss for $2.31 billion.
The British billionaire Mike Ashley’s shop, Frasers Group, made a €2 billion ($2.31 billion) acquisition offer for the faltering German fashion brand Hugo Boss on
Japan’s three top banks to jointly issue stablecoins by March 2027.
In an indication of the growing popularity of digital payments in a nation where cash and credit cards are still widely used, Japan’s three biggest
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
European banks seek simpler regulatory framework as investment gap reaches $1.62 trillion.
The European Banking Federation stated on Tuesday that Europe confronts a growing €1.4 trillion ($1.62 trillion) yearly investment deficit that could impede its economic goals,
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