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Gold prices are to hit $6,300/oz by the end of 2026 as buying sprees from central banks and investors mount.
Taiwan’s economy grows at the fastest pace of 8.6% in 15 years on the AI boom.
Meta faces trial in New Mexico for alleged child exploitation on its platforms and profiting from it.
Nvidia, Amazon, and Microsoft are to issue term sheets for a $60 billion investment in OpenAI.
US banks may lose $500 billion to stablecoins within 24 months, posing a threat to financial stability.
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
Nvidia invests $2 billion in CoreWeave to accelerate the construction of data centers.
Autodesk sheds 7% of its global workforce to redirect investments to AI and cloud.
Netflix’s $72 billion offer for Warner Bros. is all cash as it steps up its proposal.
Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.
Following concerns from some legislators, the Nigerian Senate on Wednesday increased the country’s 2023 budget by 6.4% to 21.83 trillion naira ($49 billion) and postponed
Businesses applauded China’s move to lift travel quarantines for international tourists as a crucial step toward reviving the country’s flagging economic activity, while Japan on
On Christmas morning, three electricity substation facilities in Pierce County, Washington, were vandalized, authorities said. As a result, more than 14,000 customers lost power. According
In connection with the fatal shooting of a 19-year-old man Friday night inside a Nordstrom shop at the Mall of America in Bloomington, Minnesota, five
Police reported that a young woman was killed and three men were injured in a shooting on Christmas Eve at a bar in northwest England.
The Biden administration announced on Friday that it has ordered Mastercard Inc. to stop preventing the processing of debit payments through competitor networks. The Federal
President Muhammadu Buhari said in a letter to parliament that Nigeria will convert a total of 23.7 trillion naira ($53 billion) in short-term loans owed
The parent company of Facebook, Meta, has agreed to pay $725 million to resolve a class action lawsuit alleging that the social media behemoth provided
Several unethical medical experiments, including applying pesticides and herbicides to the men’s skin and injecting them with them, were carried out on at least 2,600
The chief executive of Facebook’s parent company Meta, Mark Zuckerberg, testified in court on Tuesday in a case involving attempts by American antitrust authorities to
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