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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.
Michael Hsu, Acting Comptroller of the Currency, a significant U.S. bank regulator, cautioned on Wednesday that the growth of fintech services and digital banking could
Visa Inc., a payment processor, announced on Saturday that it intends to begin categorizing sales at gun shops separately. This is a significant victory for
The world’s richest man, Elon Musk, claimed that Twitter Inc.’s decision to pay millions of dollars to a whistleblower it had sacked provides him with
The U.S. securities regulator announced on Friday that it would open two new offices to handle filings pertaining to crypto assets and the life sciences
Musk is charged with creating a pyramid scheme to promote the Dogecoin cryptocurrency. Musk, his electric vehicle company Tesla Inc., his space tourism company SpaceX,
Following Charles as king of Britain, the crown will pass to his sons and grandchildren. The first 15 people are listed below in chronological order:
Buckingham Palace announced Thursday that Queen Elizabeth II, 96, is under medical supervision at her summer home in Scotland after physicians expressed worries about the
After killing four people and injuring three more in what appeared to be random shootings while driving about Memphis, the gunman was eventually apprehended, authorities
To address a cost-of-living crisis that has left families and businesses across the U.K. facing a harsh winter, British Prime Minister Liz Truss announced on
Eni, an Italian energy company, announced on Wednesday that it has agreed to buy BP’s operations in Algeria, including two significant gas fields. Eni confirmed
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