Client funds totaling over $1 billion are missing from FTX.
According to two persons with knowledge of the situation, the defunct crypto exchange FTX has lost at least $1 billion in customer assets. FTX customer
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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 two persons with knowledge of the situation, the defunct crypto exchange FTX has lost at least $1 billion in customer assets. FTX customer
A spokesman for the Nigerian Navy told reporters on Friday that an oil supertanker that had been suspected by the country’s officials of trying to
According to the Office for National Statistics (ONS), 500,000 more people have left the job market in Britain since 2019 and are now citing a
As key executives continue to leave the company, Elon Musk has warned the Twitter team that the business would not survive if it cannot discover
In civil proceedings pertaining to a $1.3 billion oilfield agreement, a Milan appeals court dismissed Nigeria’s $1.092 billion compensation demand against Italian energy companies Eni
According to its chief executive, Blnk, a fintech platform that offers rapid consumer loans in Egypt, secured one of the largest investment rounds for a
After cryptocurrency exchange Binance announced it was backing out of a plan to acquire struggling rival FTX Trading, cryptocurrency values fell for the second day
Binance, a cryptocurrency exchange, announced that it intends to acquire FTX Trading, a competitor, in what appears to be a rescue of FTX. The merger
A protester who threw eggs and insults at King Charles III and Camilla, the queen consort, as they traveled through York, northern England, was taken
HE Dr. William Ruto CGH, President of Kenya, and Dr. Andrew Forrest, Executive Chairman of Fortescue, witnessed the signing of a legally binding Framework Agreement