EBRD investments rose by 26% to a record $17.1 billion in 2024.
More projects in Ukraine and green finance helped the European Bank for Reconstruction and Development increase its investments by 26% in 2024 to a record
Qatari Diar gives Egypt’s faltering economy a boost with $29.7b luxury projects on the Mediterranean coast.
Qatari Diar, the real estate division of Doha's sovereign wealth fund, will enter into a collaboration agreement to develop a project on Egypt's Mediterranean coast
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
China Development Bank grants first loan of $255m to railway project in Nigeria.
On Tuesday, the China Development Bank said that it has recently loaned 245 million euros ($254.76 million) to the Nigerian Kano-Kaduna railway project, supplying funding
Meta embraces mainstream discussion and replaces expert fact-checking with X-style community remarks.
Meta, the company that owns Facebook and Instagram, announced on Tuesday that it is discontinuing its third-party fact-checking program and substituting it with user-written Community
Biden prohibits drilling for gas and oil offshore in most federal waters. Trump vows to reverse it on day one.
In an attempt to thwart any potential move by the incoming Trump administration to increase offshore drilling, President Joe Biden is taking last-minute steps to
Microsoft plans to invest $80 billion in data centers equipped with AI in fiscal 2025.
In a blog post on Friday, Microsoft stated that it plans to invest approximately $80 billion in fiscal 2025 in building data centers to train
Biden turns down Nippon Steel’s $15 billion offer to buy US Steel.
President Joe Biden has reaffirmed his earlier promise to prevent the acquisition of Steeltown USA’s most illustrious steel company by rejecting the roughly $15 billion
Nvidia’s market capitalization surged by $2 trillion in 2024 on AI optimism.
Due to the strong demand for its AI-centric chips across various industries and the growing interest in artificial intelligence, Nvidia became the largest worldwide gainer
White House says Chinese hacking blitz, Salt Typhoon cripples the 9th telecoms firm.
As part of a massive Chinese espionage program, a ninth U.S. Telecom Company was verified to have been hacked, giving Beijing officials access to the
Gordon Brothers takes over discount chain Big Lots in the bid to keep hundreds of US stores open.
The bargain retailer Big Lots, which declared bankruptcy in September, has come to an agreement that would preserve the operations of hundreds of its retail
Trump 2.0: Tech billionaires clash with hardliners over foreign workers in tech in an online debate.
An online spat between Donald Trump’s supporters on immigration and the IT sector has exposed internal political divisions within his movement, giving a sneak peek
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