U.S. Treasury recovers $1.3b overdue taxes from wealthy tax dodgers.
Since last fall, the IRS has amassed $1.3 billion in revenue from wealthy taxpayers who evaded paying taxes. The agency attributed this success to increased
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
The Dutch government adopts the US policy of denying China access to advanced chips for military technology.
Citing security concerns, a Cabinet minister declared on Friday that the Dutch government is extending export restrictions on machinery used to create cutting-edge processor chips
China offers Africa $51b fresh funding in yuan, 1m jobs, stoking fears of debt trap
On Thursday, President Xi Jinping promised to increase China’s assistance to debt-ridden Africa, including funding of approximately $51 billion over three years, support for further
Blackstone to acquire Asia-Pacific’s largest data centre group AirTrunk in a $16b deal.
In what would be Blackstone’s largest investment in the Asia Pacific area, the Australian data centre company AirTrunk will be acquired by Blackstone, on Wednesday
The US and Europe embrace lab-grown cocoa and chocolate alternatives to meet growing demand.
Chocolate aficionados shouldn’t give up, according to companies studying alternative cocoa cultivation methods or developing cocoa alternatives, even though climate change is placing stress on
AI is not a job killer but may make workers more efficient.
Imagine, whatever it is, a customer service centre where everyone speaks the same language. An artificial intelligence translation platform called Alorica, developed by Irvine, California-based
Japan opts for a 4-day workweek to prevent “Karoshi”, and death from overwork.
In an effort to combat a concerning labor shortage, more individuals and businesses are being persuaded to switch to four-day workweeks in Japan, a country
California releases proposed rules for using autonomous trucks, drivers fear loss of jobs.
Long-haul deliveries by self-driving trucks will soon be possible thanks to draft regulations released by the California Department of Motor Vehicles on Friday regarding the
Japan’s Nippon Steel commits an additional $1.3b to the takeover of US Steel plants.
Amidst strong political and labor resistance to the Japanese company’s roughly $15 billion takeover of the venerable American steelmaker, Nippon Steel Corp. increased its capital
OpenAI, Anthropic collaborates with the US government to research, test, and evaluate AI models.
The U.S. Artificial Intelligence Safety Institute said on Thursday that artificial intelligence startups OpenAI and Anthropic have inked agreements with the US government for research,
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