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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.
A technical problem that hindered the opening auctions in several listed equities was caused by a manual error, the New York Stock Exchange reported on
On Wednesday, Microsoft Corp. experienced a network outage that rendered its Azure cloud platform, as well as applications like Teams and Outlook, unavailable, potentially impacting
President Muhammadu Buhari of Nigeria has celebrated the completion of a $1.5 billion deep seaport built by China in the commercial center of Lagos, which
The world’s oldest society, according to Japanese Prime Minister Fumio Kishida, must act “now or never” if it is to reverse its plummeting birthrate. During
The ground personnel started an indefinite strike on Monday in order to seek increased wages, according to airlines in Nigeria. The largest airline in
The Los Angeles County Sheriff’s Department said that 10 individuals were killed and at least 10 more were hurt after a shooter opened fire at
The cloud services subsidiary of Amazon.com Inc. announced plans to spend an additional $35 billion by 2040 to develop data centers in Virginia. The increased
According to the most recent data from the state-owned company, which was reported on Friday, the Nigeria National Petroleum Company, or NNPC, spent $4.39 trillion
Google is cutting 12,000 jobs, or around 6% of its employees, making it the latest tech business to do so as the COVID-19 pandemic-related economic
As part of its plan to let go of 18,000 workers, Amazon.com Inc. said in a memo to employees seen by reporters that it will
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