As Wall Street confirms the bear market, the majority of its constituents appear worse.
After plunging into a bear market on concerns about a shaky economy and increasing rates, Wall Street is waffling between gains and losses in its
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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.
After plunging into a bear market on concerns about a shaky economy and increasing rates, Wall Street is waffling between gains and losses in its
Elon Musk will address Twitter Inc employees at a company-wide meeting this week for the first time since launching his $44 billion proposals in April,
JP Morgan Chase has won a $1.7 billion London High Court lawsuit against Nigeria over a disputed oilfield agreement from 2011. The civil lawsuit, which
The Guardian reported on Monday that search crews discovered two deaths in Brazil’s Amazon rainforest while seeking a British reporter and a Brazilian indigenous specialist,
On Monday, Britain’s largest domestic bank, Lloyds, informed employees that the great majority of them will get a one-off 1,000 pound ($1,220) payment to help
According to authorities, a shooting at an Indiana nightclub killed two people and injured four others. Officers in Gary, Illinois, responded to reports of shots
The Egyptian budget will lose $7.2 billion if oil prices remain at $122 per barrel, according to Finance Minister Mohamed Maiit, who spoke to CNBC
On Saturday, Taiwan’s government threatened to take Beijing to the World Trade Organization after China halted the import of grouper fish from the island, citing
Refinitiv Eikon data revealed on Friday that a 650,000-barrel shipment of Venezuelan oil chartered by Italy’s Eni is due to make sail, transporting the first
According to Interfax, Russian forces used Kalibr cruise missiles to destroy a big store containing US and European armaments in Ukraine’s Ternopil region, according to