Bank agrees to pay a record fine of $160m for corporate misconduct affecting 65,000 customers.
Due to corporate malfeasance, one of Australia’s largest banks has agreed to pay a record $240 million (£118 million) in fines. The federal government and
Afreximbank approves a $10 billion Gulf Crisis Response Programme to help African and Caribbean economies.
The African Export-Import Bank announced on Tuesday that it has authorized a $10 billion Gulf Crisis Response Programme to assist the economies of Africa and
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
U.S. financial firms commit $1.7 billion and 1800 jobs to the UK ahead of Trump’s second state visit.
Ahead of President Donald Trump’s state visit, the British government announced on Saturday that more than 1.25 billion pounds ($1.69 billion) in new investment had
Union Pacific CEO seeks Trump’s support on the biggest $85 billion U.S. rail merger in decades.
Union Pacific Corporation is seeking regulatory approval for the largest U.S. rail merger in decades, and on Friday, the company announced that CEO Jim Vena
Microsoft adopts differential pricing for Office and Teams globally to defeat EU antitrust sanctions.
Amid growing tensions with the United States over EU inspection of Big Tech, Microsoft on Friday gave consumers discounted prices for Office products, excluding Teams,
Oracle’s $300 billion AI deal triggers a $1 trillion valuation, and Ellison becomes the richest man in the world.
Oracle’s shares increased Thursday, continuing the record run from the previous session and boosting tech stocks as the firm gets closer to the trillion-dollar club
Meta and TikTok defeat EU tech fees; regulators are given 12 months to revise fee methodology.
On Wednesday, TikTok and Meta Platforms won a legal challenge to how EU authorities determined a supervisory fee imposed on them under historic digital regulations.
U.S. Walmart is poised to dominate Africa’s retail market by year-end.
Walmart, a U.S. retailer, announced on Tuesday that it will establish its first branded stores in South Africa this year. Walmart’s action puts it in
Ethiopia commissions $4b Africa’s largest dam funded with domestic resources.
Ethiopia has taken steps to persuade its neighbors and the continent at large that the Grand Ethiopian Renaissance Dam (GERD), which is scheduled to be
Musk’s SpaceX set to achieve next-gen Starlink Direct to Cell service with $17b spectrum deal.
Elon Musk’s SpaceX and Charlie Ergen’s EchoStar have reached a final deal to sell the latter’s AWS-4 and H-block spectrum licenses for about $17 billion,
Microsoft Azure cloud services disrupted by Red Sea fiber cuts.
Microsoft stated on Saturday that several underwater fiber cuts in the Red Sea could result in higher latency for its Microsoft Azure users. The company
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