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Gaming business AI-driven cost reductions might release $22 billion in earnings, says Morgan Stanley.
War in Iran is creating the worst energy crisis ever faced by the world, IEA says.
Global collaboration on stablecoins is crucial to prevent market fragmentation, BIS says.
World Bank advises 50 small nations on a new strategy to tackle economic challenges.
Egypt’s TMG partners with National Bank to build a new $27 billion mixed-use city east of Cairo.
French telecoms consortium to acquire SFR for $24 billion in landmark consolidation.
Google should grant data access to third-party search engines, the EU says.
Robots, drones to crash global food delivery costs to just $1 per order.
Amazon acquires Globalstar satellite in an $11.57 billion deal to challenge Musk’s Starlink.
Social media sites must stop young users from scrolling never-ending videos, the UK’s Starmer says.
In the most recent indication that European authorities are attempting to reduce the risks associated with cryptocurrencies, Europe’s securities regulator cautioned cryptocurrency companies on Friday
As conventional financial market participants adopted the largest cryptocurrency in the world, Bitcoin surged to an all-time high close to $112,000 late on Wednesday, supported
When evaluating the global environment, the European Central Bank will take into account risks that go beyond trade tariffs, such as security issues and possible
As AI infrastructure companies scramble to obtain power supplies to support their soaring workloads, CoreWeave will purchase cryptocurrency miner Core Scientific in an all-stock deal
The biggest asset manager in Europe has expressed worries that the surge in dollar-backed stablecoins following the US GENIUS Act may result in a significant
Saudi oil giant Aramco is trying to sell up to five gas-fired power facilities as part of a larger drive to raise money that could
In its weekly short-term repo operation on Thursday, the Bank of England allocated a record 74.225 billion pounds ($101.32 billion) in seven-day funds, surpassing the
The Seattle Times said on Wednesday that Microsoft is laying off up to 4%, or around 9,100, of its workers in the biggest layoffs since
In the most recent round of the protracted legal battle, a London panel decided on Friday that the default multilateral interchange rates that global payment
In its most recent evaluation of the global economy, the Bank for International Settlements, the umbrella organization for central banks, warned that trade tensions and
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