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
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Hungary’s Magyar Fejlesztési Bank gets a €2 billion capital injection with the EU’s approval.
SoftBank, PayPay to rescue Seven & I with $2 billion investment.
UK to regulate BigTech firms to safeguard financial stability.
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
Bank of England says AI poses a growing threat to financial stability.
Korea’s SK Hynix launches a $28 billion US listing, capitalizing on the global AI revolution.
Continental spinoff ContiTech to Lone Star Funds for $4.6 billion.
ECB rejects industry demands for reduced bank capital levels, citing concerns over lending and safety.
Google invested over $1 billion in Africa in the last 5 years.
Trump’s filing shows a windfall of $1.4 billion from crypto companies last year.
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
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
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
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
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
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
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
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
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
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,