Elon Musk X’s bankers are looking forward to offloading $13b debt with his political rise in Trump 2.0
Some Wall Street banks are hopeful that they will soon be able to sell the $13 billion in debt that supported the billionaire’s acquisition of
Egypt’s TMG partners with National Bank to build a new $27 billion mixed-use city east of Cairo.
At a press conference on Saturday, CEO and Managing Director Hisham Talaat Moustafa said that Egypt's Talaat Moustafa Group (TMG) would construct a new mixed-use
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
U.S. government releases guidelines for using AI in critical infrastructure.
The Biden administration published Guidelines for using AI in the water system, electricity grid, air travel network, and other vital infrastructure on Thursday. The Homeland
COP29: Climate vulnerable nations demand $20b to tackle extreme weather conditions.
To address the security and natural disaster issues that their people face, a group of nations afflicted by war are urging COP29 to double financial
The UK plans to establish new pension megafunds and raise $100b for investment.
Later Thursday, British Treasury director Rachel Reeves is expected to reveal plans to combine dozens of pension funds to increase the poor economic growth in
In Africa, Trump’s 2.0 portends meager hopes and less funding for the continent.
There is little hope that Donald Trump’s administration will bring about positive changes for this continent of more than 1.4 billion people, even though African
Finland’s Nokia acquires the world’s biggest API hub from U.S startup Rapid, to profit from AI and 5G.
To increase revenue from its 5G and 4G networks, Nokia announced on Wednesday that it had acquired the largest application programming interface (API) hub and
Nigeria grants China approval to revamp the $1.2b gas plant to generate 540mw of electricity for ALSCON.
Nigeria’s Petroleum Ministry announced that it has signed a $1.2 billion deal with CNCEC, a Chinese state-owned engineering company, to renovate a gas processing facility
ADB grants extra $7.2b climate finance with the US and Japan giving the world’s first sovereign guarantees.
The United States and Japan agreed to cover the risk for some existing loans, marking the first sovereign guarantees for climate funding, while the Asian
Bitcoin hits $80,000 for the first time on victory of Trump 2.0
Following Donald Trump’s resounding victory in the U.S. presidential election earlier in the week, Bitcoin hit a record $80,000 earlier in the session and was
European banks facing poor profitability and weak economies dread tougher competition under Trump.
As Wall Street prepares for a new era of financial deregulation under a second Donald Trump administration, European banks will have an even harder time
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