Finances of young, low-income Americans ravaged by 40-year high inflation.
Young and low-income customers are beginning to experience financial strain as high inflation compels Americans to pay more on gas and bills. Consumers in Generation
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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.
Young and low-income customers are beginning to experience financial strain as high inflation compels Americans to pay more on gas and bills. Consumers in Generation
According to a document seen by reporters on Monday, HSBC will provide certain of its British employees a one-time payment of 1,500 pounds ($1,830) to
An international pact to open the troubled nation’s agricultural exports and help the escalating global food crisis saw the first ship carrying Ukrainian grain set
The Kherson region, the focal point of Kyiv’s counteroffensive in the south and a crucial link in Moscow’s supply lines, saw heavy battle on Saturday,
According to a top regulator reported by the state-run Securities Times on Saturday, ongoing control has greatly reduced the assets and risks of China’s “shadow”
According to a court document, Elon Musk submitted his response and countersuit to Twitter’s complaint on his $44 billion plan to buy the social media
Elon Musk must disclose by the end of Friday any legal claims he may have against the firm, a Delaware judge decided, as part of
According to Mohamed Arkab, Algeria’s energy minister, Algeria, Nigeria, and Niger have signed a memorandum of understanding to construct a natural gas pipeline over the
According to Prime Minister Viktor Orban, Hungary anticipates finalizing a contract with Russia for 700 million cubic meters of extra gas imports by the end
The likelihood that a recession was imminent increased when the U.S. economy unexpectedly shrank in the second quarter, with business spending falling and consumer spending