Labour’s plans to tax inheritance trusts will make the super-rich flee the UK.
If Labour wins the general election next month and moves forward with plans to remove tax safeguards on offshore riches that they wished to pass
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
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
G7 leaders agree to lend Ukraine $50b backed by profit from $300b Russia’s frozen assets.
The heads of the Group of Seven affluent democracies have decided to arrange a $50 billion loan that will use interest from revenues derived from
The EU slams 38% tariff on Chinese EVs citing Beijing’s subsidies that hurt domestic automakers.
Brussels is concerned that Beijing’s export subsidies are harming domestic automakers, so the European Union agreed on Wednesday to increase duties on Chinese electric vehicles.
Apple intelligence offers a new lease of catch-up with Microsoft and Google in the AI race.
In an attempt to gain a competitive edge in the market, Apple debuted several improvements on Monday that are intended to enhance the capabilities of
Nvidia gives 10-for-1 stock as valuation jumps from $418m to $3tr in 2 years.
With the implementation of Nvidia’s 10-for-1 stock split, investors will receive nine extra shares for each share they now possess. Shortly after the market opened
Japan’s two biggest banks will divest $8.5b shareholdings in Toyota Motor.
The two largest banks in Japan, according to sources cited by Bloomberg News on Friday, will begin selling their strategic stakes in Toyota Motor valued
African countries in crisis as $74b will be used for debt servicing in 2024. – AfDB Chief.
The chairman of the continent’s development bank stated that for Africa to avoid a lost decade, the continent needs faster debt restructurings, more advantageous loan
EU Banks’ growing reliance on US Big Tech for AI poses new risks.
European banking executives express worries that the rise in artificial intelligence will make banks more reliant on large US tech companies, posing new risks to
Nigeria’s NNPC receives $925m from the $3.3b Afreximbank crude-oil-backed facility
As part of a syndicated $3.3 billion crude oil-backed prepayment facility, Afreximbank has released $925 million to Nigeria’s state-owned NNPC, the African trade bank announced
Emerging Markets got $5.5b forex inflows in May making it the 7th straight month.
May saw foreign portfolio inflows into emerging markets for the seventh consecutive month as a result of investors flooding the market with bonds; but, the
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