UK PM Sunak in a budget of survival slams 35% windfall tax on profits of oil majors.
In an emergency budget released on Thursday, the British government increased the windfall tax on the earnings of oil and natural gas corporations in an
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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.
In an emergency budget released on Thursday, the British government increased the windfall tax on the earnings of oil and natural gas corporations in an
Dmitry Medvedev, a former Russian president, claimed on Wednesday that an alleged missile attack on Polish soil demonstrated how close the West was getting to
Despite efforts by certain states to limit the use of the fuel, the president of the African Development Bank told reporters that any agreement reached
Nigeria has granted the green light for the $3 billion development of a 1,650 MW hydropower facility. If the project is completed, it will go
Tuesday saw a sharp increase in Taiwan Semiconductor Manufacturing Company stock after Warren Buffett’s Berkshire Hathaway revealed that it has invested $4.1 billion in one
The two challenges of global warming and population growth are related, but not as close as one might imagine, according to scientists. According to estimates
African nations are seeking solutions to the issue at U.N. climate negotiations presently taking place in Egypt. They want to raise the amount of money
According to reporters, thousands of smartphone applications available from Apple and Google’s online shops use computer code created by Pushwoosh, a company that falsely claims
In a high-stakes antitrust dispute over whether the virtual wall enclosing the iPhone’s app store improperly enriches the most valuable corporation in the world while
Authorities said on Friday that Nigeria intends to give a concession on its $1.3 billion hydropower plant that is currently under construction and is looking