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EQT offers a 73% premium to acquire Keywords Studios in a $2.8b deal.
BoA to take over Washington Federal Bank’s multifamily real estate loans in a $2.9b deal.
China sets up a $42b fund to tackle the property crisis and stimulate growth.
Banking digitalisation creates new risks that may require new standards. – Basel Committee.
Donor funds given by foundations skewed in favor of larger nonprofits led by White CEOs. – Report
Nigeria’s inflation breaks a record 28-year high in April at 33.69% worsening the cost of living crisis.
Biden shuts out Chinese EVs with 102% tariff hike.
The Seagull, a small well-made, Chinese EV, set to take over the US auto industry
The biggest geomagnetic storm in 20 years disrupts Musk’s Starlink satellites.
Prince Harry and Meghan worry about the mental health of Nigerians on their first visit.
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More time is spent on TikTok than on Instagram, Snapchat, or YouTube on a daily average by adult U.S. users (54 minutes), according to research
In order to draw foreign investment and dollar inflows into the economy, Nigeria is looking for fund managers for a proposed $10 billion diaspora fund,
Federal, state, and corporate officials announced on Thursday that Amazon Web Services, the company’s cloud computing division, intends to invest $11 billion to construct a
On Tuesday, the Senate passed a bill that would compel TikTok’s parent company, which is based in China, to sell the social media platform or
On Tuesday, German Chancellor Olaf Scholz urged greater uniformity in European financial markets and called for the completion of a European banking union, referring to
A U.S.-based rights group that has long encouraged the global lender to take such action claims that the World Bank has discontinued funding for a
The so-called Big Six technology stocks’ profit growth momentum may “collapse” during the upcoming quarters, according to strategists at UBS Global Research, who downgraded the
The first flight taking asylum seekers to Rwanda is scheduled to depart in ten to twelve weeks, according to British Prime Minister Rishi Sunak, who
In an effort to address pandemics, climate change, and other global issues, the World Bank announced on Friday that 11 nations had committed to contributing
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