China real estate crisis: Top banks to raise offshore bonds to offset Developers’ debt.
According to three sources, China has allowed its top four state banks a week to issue offshore loans to assist developers in paying off their
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Kuwait Petroleum Corporation signs a $16 billion oil pipeline network lease and leaseback, the largest FDI ever.
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.
According to three sources, China has allowed its top four state banks a week to issue offshore loans to assist developers in paying off their
U.S. Immigration and Customs Enforcement reported on Wednesday that for around five hours, the personal information of over 6,000 people in its custody was unintentionally
After a parliamentary panel’s investigation determined he may have violated anti-corruption rules in connection with the suspected theft of a sizable sum of money from
According to Nigeria’s oil minister Timipre Sylva, the country plans to stop importing petroleum products before or around the third quarter of 2023. By the
JPMorgan, Warburg Pincus, and UBS are among the global asset managers with Chinese operations who are preparing to increase their retirement offerings in light of
For $13.5 billion Canadian dollars ($10.04 billion) in cash, HSBC has agreed to sell its Canadian operations to the Royal Bank of Canada, opening the
The British government dropped a plan to require computer companies to remove legal but harmful internet information after receiving harsh criticism from politicians and civil
In order to avoid formal objections to its $69 billion offer for “Call of Duty” creator Activision Blizzard, Microsoft is likely to offer remedies to
Due to an “unacceptable risk” to national security, the United States has banned the sale of communications equipment produced by the Chinese firms Huawei and
A civil recovery order pertaining to roughly 54 million pounds ($65 million) in suspected illegal property kept in accounts with Barclays was acquired by Britain’s