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US banks may lose $500 billion to stablecoins within 24 months, posing a threat to financial stability.
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
Nvidia invests $2 billion in CoreWeave to accelerate the construction of data centers.
Autodesk sheds 7% of its global workforce to redirect investments to AI and cloud.
Netflix’s $72 billion offer for Warner Bros. is all cash as it steps up its proposal.
Zurich Insurance offers $10 billion for the UK’s Beazley in a bid to expand in the specialty insurance market.
A UN treaty to safeguard biodiversity in the high seas comes into effect, aiming to protect 30% of the oceans by 2030.
China’s trade surplus increases by 20% to a record $1.2 trillion amid Trump’s tariffs.
Grok will geoblock sexualized images of women and children in areas where they are illegal, X says.
U.S. Bancorp expands its footprint in the capital markets with a $1 billion purchase of BTIG.
On Thursday, Google unveiled a free artificial intelligence app that will embed the technology inside smartphones. This will allow users to instantly establish a connection
The largest pay TV firm in Africa, MultiChoice Group, announced on Thursday that its subsidiaries had settled with Nigerian tax authorities and agreed to pay
To reduce the government’s ownership and raise funds for the country’s rail network upgrades, Germany’s state-owned development bank sold shares in the firm that runs
CEO Satya Nadella announced on Wednesday that Microsoft will offer AI-skilling opportunities to 2 million people in India by 2025. He also stressed the importance
The switch to green energy in Europe is caught in a difficult situation. Record solar energy installations are being driven by a rush of low-cost
Since 2010, GoFundMe crowdsourcing campaigns have raised $30 billion, the fundraising site revealed on Tuesday. This is because younger generations are increasingly making donations outside
The governor of Nigeria’s central bank announced on Monday that errors totaling $2.4 billion had been found in a forensic examination of $7 billion in
As per a business filing on Friday, Jeff Bezos, the founder of Amazon, is set to divest up to 50 million shares of the online
In what CEO Mark Zuckerberg dubbed the “year of efficiency,” Meta Platforms Inc. tripled its earnings and reported significantly greater revenue in the last quarter
To better assist member nations affected by natural disasters and other shocks in responding to a world that is becoming more and more prone to
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