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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.
Ben S. Bernanke, a former chair of the U.S. Federal Reserve, and two economists from the United States, Douglas W. Diamond, and Philip H. Dybvig,
According to SNB Governing Board member Andrea Maechler, the SNB is actively monitoring the circumstances at Credit Suisse. In response to worries over its capacity
An official in a small Vermont community’s water department secretly reduced fluoride levels nearly four years ago, shocking the community’s residents last month and raising
Vladimir Putin, the president of Russia, issued an order yesterday that establishes a new operator for the Sakhalin-1 oil and gas project. This comes after
The Biden administration issued its toughest restrictions on China’s use of cutting-edge computer chips and chip-manufacturing machinery on Friday, claiming that the country is using
According to a representative for Binance, the largest cryptocurrency exchange in the world, a $570 million theft has affected a blockchain connected to the company.
The world is now closer to “Armageddon” than it has ever been since the Cold War Cuban Missile Crisis as a result of Russian President
More than 30 people were killed on Thursday, including two dozen children, according to authorities. The shooter opened fire on a child care center in
According to the CEO of the state oil corporation NNPC LTD, authorities in Nigeria discovered an illegal connection line from one of its key oil
According to new research by the property analytics company CoreLogic, wind and storm surge losses from Hurricane Ian might total as much as $47 billion
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