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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.
The French automaker Renault has announced a significant reorganization that will break its operations into five divisions, strengthen relationships with China’s Geely, and spin off
According to the report, developing countries’ overall yearly investment needs would reach $2.4 trillion by 2030, with half of that amount coming from outside financing
An offer to purchase Toshiba Corp. for approximately 2.2 trillion yen ($15.01 billion) has been made by a group of more than ten Japanese businesses,
Elon Musk, the newly appointed CEO of Twitter Inc., stated on Sunday, November 6, that the social media platform’s goal was to become the most
According to the Financial Times on Sunday, activist investor Elliott Management Corp. has chosen to support Philip Morris International’s (PMI) $16 billion bid for Swedish
At the COP27 climate summit hosted by the U.N. in Egypt, delegates decided to have a discussion about whether wealthy nations ought to make up
Children chant “freedom” and wave their arms behind wire fences to attract the attention of those on the other side in southeast England. A young
Widespread layoffs at Twitter started on Friday as its new owner Elon Musk restructures the business, raising serious questions about the disarray that is engulfing
Blockchain data reveals that cryptocurrency firm Binance has handled $8 billion worth of Iranian transactions since 2018 despite U.S. sanctions aimed at cutting off Iran
After informing staff that they would get a notification of their employment status through email later in the day, Twitter Inc. temporarily closed its doors
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