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Goldman Sachs’ $1 trillion first-half M&A volume creates a new benchmark for dealmaking.
SpaceX acquires AI coding startup Cursor for $60 billion to surpass Anthropic and OpenAI.
Fox Corp. and Roku’s $22 billion merger deal is to produce the third-largest US television network by share of viewing.
U.S. bank regulators are rattled by the speed and extent of AI use at financial companies.
Elon Musk becomes the first trillionaire in history as SpaceX goes public.
The U.K.’s Frasers Group offers to buy struggling German fashion brand Hugo Boss for $2.31 billion.
Japan’s three top banks to jointly issue stablecoins by March 2027.
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
European banks seek simpler regulatory framework as investment gap reaches $1.62 trillion.
Intel secures a multi-billion-dollar contract for three million Google in-house AI chips.
Following an unprecedented daylong malfunction in the European Central Bank’s system that which supports trillions of euros’ worth of money transfers, banks found it difficult
Countries in the European Union have had to adjust to previously unheard-of conditions throughout the past five years. To revive their COVID-19-ravaged economies, they banded
In an effort to address its growing deficit, Hong Kong officials announced Wednesday that it would increase expenditure on artificial intelligence and eliminate thousands of
To include a wider range of perspectives and give auditors more responsibility, Toyota revealed plans to reorganize its board on Tuesday. Christopher Reynolds, who is
Apple announced Monday that it will invest $500 billion in the United States over the next four years, including the construction of a massive artificial
At the vehicle safety organization that regulates Tesla and has opened investigations into fatal collisions involving his company’s vehicles, Elon Musk’s cost-cutting team is laying
One of the largest online robberies in history occurred when a major cryptocurrency exchange claimed it was the target of a sophisticated attack that took
After previously advocating for increased scrutiny of the Federal Reserve, billionaire Elon Musk announced on Thursday that he is considering auditing the institution. At the
The senior U.S. diplomat was absent due to a rivalry with the hosts, while tensions between members over the Ukraine war and trade disputes accompanied
Nigeria has filed a lawsuit to force cryptocurrency exchange Binance to pay $2 billion in back taxes and $79.5 billion for economic losses it claims
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