Over 500,000 millionaires to exit UK by 2028, as demand for high-end real estate dips – Report says
By 2028, nearly one in six of Britain’s dollar millionaires are expected to have left the country, but their numbers are expected to increase in
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
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
US Federal Reserve may rework the GSIB surcharge of $230b to save the 8 biggest banks billions.
Eight major banks in the US might save billions of dollars in capital thanks to a proposed rule change that the U.S. Federal Reserve is
Travel boom: Over 3m people go through US airport security in a day for the first time in America’s history.
Due to an increase in travel, the U.S. Transportation Security Administration reports that over 3 million passengers went through airport security on Sunday, the highest
Air travel is getting worse, passengers bombard the US government with complaints.
If the volume of customer complaints submitted to the US government last year is any indication, air travel became even more unpleasant. The Transportation Department
China’s BYD with a $490m factory acquires a 20% stake in Thai dealer Rever Automotive.
China’s BYD announced on Saturday that it will buy out 20% of its local distributor, Rever Automotive, in Thailand, its largest market outside of China,
Apple impeding the setting up of Epic Games store on iPhones and iPads in Europe.
As part of a fierce spat over Apple’s dominance over the iOS app ecosystem, “Fortnite” producer Epic Games said on Friday that the tech giant
Nigeria’s gasoline debt reaches $6 billion, subsidy to gulp $3.7b in 2024.
As the state oil company NNPC tries to bridge the difference between set pump prices and foreign fuel costs, Nigeria’s debt to gasoline suppliers has
UN says China is far ahead in generative AI patent applications, with the US a distant second.
In terms of generative AI, China has applied for considerably more patents than any other nation, according to a U.N. intellectual property office report released
Global data center and AI electricity demand to double by 2026 mitigating climate change – IEA
Google announced an ambitious aim three years ago to combat climate change by becoming “net zero,” or eliminating all greenhouse gas emissions from the atmosphere
World Bank launches a credit and guarantee platform of $20b for developing economies.
The World Bank Group announced on Monday that it had launched a new one-stop shop for loan and investment guarantees. With this platform, the organization
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