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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.
President Muhammadu Buhari declared on Tuesday that if parliament rejects a request for a loan-to-bond swap on the central bank’s overdrafts to the government, Nigeria
According to the head of the International Monetary Fund, 2023 will be a challenging year for most of the global economy as the primary drivers
German company Rheinmetall announced on Monday that it has received an order in the electromobility sector for more than quarter-billion-euro contract. A high-end German carmaker,
According to a monthly declaration by the investment company posted on Friday, Fidelity funds reduced the value of their holding in Twitter by 56% in
Authorities said Friday that a suspect has been detained in connection with the gruesome killings of four University of Idaho students. More than six weeks
Despite the fact that aggressive U.S. interest rate increases have severely hurt asset prices, global hedge funds are expected to post their poorest returns in
Elon Musk, the CEO of Tesla Inc., advised staff members not to be “bothered by Stock market crash: Musk assures employees, Tesla will be the
Following the Christmas holiday, trading resumed on the official market on Wednesday, and the naira of Nigeria touched a record low of 460.20 to the
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
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