UK-based CityFibre raises $3 billion for broadband push to 8 million homes.
On Monday, the British fiber broadband company CityFibre said that it has secured 2.26 billion pounds ($3.04 billion) in fresh funding from its current lenders
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
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
US Black Friday online spending rises by $24.1 billion as sales are boosted by hefty discounts.
As eager buyers hurried to take advantage of steep discounts on back-to-school necessities, online spending surged $24.1 billion across U.S. merchants during the July 8–11
European securities watchdog warns about crypto companies deceiving their clients.
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
Bitcoin reaches a record high ever, just below $112,000.
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
ECB warns about risks that extend beyond tariffs, including global capital flows and security concerns.
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
Nvidia-backed CoreWeave to acquire crypto miner Core Scientific in $9 billion all-stock deal
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
Amundi warns that mass uptake of US stablecoins could destabilize the global payments system.
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 Aramco is under pressure to sell power assets for billions for domestic investments.
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
The Bank of England makes a record weekly repo loan of 74 billion pounds.
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
Microsoft plans to fire up to 9,000 workers amid economic uncertainties.
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
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