U.S. budget deficit hits $1.8tr, with interest on federal debt over $1tr.
The Treasury Department announced Friday that the U.S. budget deficit increased to $1.833 trillion for fiscal 2024, the largest since the COVID era, as interest
Ethiopia starts building “Africa’s biggest airport” for $12.5 billion.
On Saturday, Ethiopian Airlines formally began a $12.5 billion building project in the Ethiopian town of Bishoftu, which officials claim would be Africa's largest airport
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
Google commits $16b to clean energy, opens largest U.S. solar project in Texas.
On Friday, one of the biggest solar projects in the United States debuted in Texas, supported by what Google claimed was its largest-ever purchase of
Big Tobacco offers payment of $24b to smokers to settle Canada lawsuits.
As part of a court-appointed mediator’s proposed plan, cigarette manufacturers Philip Morris, British American Tobacco, and Japan Tobacco will pay C$32.5 billion ($23.6 billion) to
Musk Starlink’s entry into the Indian market would trigger a pricing war with Ambani’s Reliance Jio.
Asia’s richest man, Mukesh Ambani, recently lost a battle with Elon Musk over India’s satellite spectrum. However, if Musk’s Starlink provides services in India and
Jamie Dimon leads as JPMorgan Chase, the largest US lender grows its footprints in Africa.
The largest U.S. lender, JPMorgan Chase, told reporters that it intends to expand its presence in Africa by entering Kenya and Ivory Coast this year.
Tiny Caribbean island Anguilla has transformed the AI boom into a digital gold mine using the .ai domain.
Chatbot developers, computer scientists, and Nvidia investors have all profited from the explosion of artificial intelligence. Additionally, it is giving the little Caribbean island of
London investment summit: U.S Tech consortium to invest $8.2b in UK data centers.
U.S. companies ServiceNow, CyrusOne, CloudHQ, and CoreWeave announced Monday that they will invest a total of 6.3 billion pounds ($8.2 billion) in UK data center
Nigeria’s Brass petrochemical plant costing $3.5b to generate $1.5b annually, signs gas supply deal.
Nigeria signed an agreement with joint venture partners to supply gas to a proposed $3.5 billion Brass fertilizer and petrochemical facility, marking a significant step
China’s manufacturing export spillovers thwart other countries’ low-cost manufacturing efforts. – U.S. envoy.
To prevent debt crises, the top economic envoy for the US Treasury on Friday urged the International Monetary Fund and multilateral development banks to explore
BlackRock the world’s largest asset manager hit a record $11.5tr on the market rally and asset boost.
For the third consecutive quarter, BlackRock’s assets under management reached a record high on Friday; driven by sharp increases in the company’s exchange-traded funds inflows
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