Investors pump $37b to money market funds ahead of Fed rates cut in September.
In anticipation of a September interest rate reduction by the US Federal Reserve, investors poured $37 billion into cash-like money market funds (MMFs) in the
Africa launches new “gold standard” currency backed by critical minerals.
A new "gold standard" currency system is being proposed by Africa's development bank, and it will be supported by vital minerals like cobalt, copper, lithium,
Warren Buffett’s US toymakers given the nod to sue China’s Alibaba for the sale of allegedly fake Squishmallows.
A New York judge has ruled that Alibaba must respond to a case brought by a US toymaker who claims the Chinese e-commerce behemoth's internet
Australia to build the world’s largest solar farm with an output of 6GW for $19b.
The Australian government has approved environmental permissions for a project worth 30 billion Australian dollars ($19 billion), which includes building a large solar farm in
Ghana begins constructing 300,000bpd, a $12b oil refinery on 20,000 acres, fueling the accusation of land grab.
The government of Ghana expects that by building a 300,000 barrel-per-day oil refinery, President Nana Akufo-Addo’s country will become the petroleum hub of the region,
AMD will acquire server manufacturer ZT Systems for $4.9b in a bid for AI to tackle Nvidia.
AMD announced on Monday that it will pay $4.9 billion to acquire ZT Systems, a manufacturer of servers, in an effort to take on Nvidia
Elon Musk’s X closes operations in Brazil over free speech censorship orders by court.
Social media company X declared on Saturday that it would cease operations in Brazil, citing threats from Brazilian Supreme Court Justice Alexandre de Moraes to
Revolut joins big European banks with 45m customers globally and a $45b valuation after the share sale.
Revolut, a financial technology company based in Britain, announced on Friday that it has sold secondary shares to both new and current investors, valuing the
US biggest criminal copyright fraud in history, Kim Dotcom loses 12-year battle.
This week, Kim Dotcom, the founder of the once enormously popular file-sharing website Megaupload, lost a 12-year battle to stop his deportation from New Zealand
TikTok fights forced sale or ban by affirming the status of foreign-owned American news outlets.
On Thursday, TikTok refuted claims made by the US government that the well-known social media platform is not protected by the First Amendment by drawing
Google expands AI-generated answers in search queries to six new countries after troubled debut.
Two months after rolling back some features after a troubled debut, Google parent Alphabet announced on Thursday that it was extending its AI-generated summaries for
Putin is in a dilemma as Ukraine reins missiles while advancing deeper into Russia.
President Vladimir Putin is facing a dilemma, according to U.S. President Joe Biden, after Ukraine said on Wednesday that its soldiers had advanced farther into
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