Saudi FM in Pakistan to actualize $5b investment in alleviating the economic crisis.
The foreign minister of Saudi Arabia led a high-level delegation to Pakistan on Monday for a two-day visit. Pakistan is looking for assistance in resolving
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
Samsung to invest $40b in the Texas chip plant and get $6.4b from the government.
An agreement has been reached by the Biden administration to give Samsung Electronics up to $6.4 billion in direct assistance to establish a computer chip
Nigeria’s inflation reaches a 28-year high of 33.2% in March.
In March, Nigeria’s inflation continued to rise despite central bank rate hikes intended to slow it down, hitting a 28-year high of 33.20% in annual
Nigeria’s grid collapses within 12 days to 50MW after raising tariff by 230%.
Early on Monday, Nigeria’s groaning grid gave way for the fifth time this year, underscoring the nation’s incapacity to supply consistent electricity following the 230%
Huawei unveils laptop with new Intel AI chip, despite US sanctions.
Following Huawei’s announcement this week of a laptop equipped with an Intel AI chip, the embattled Chinese telecom equipment company came under fire from Republican
Medicinal cannabis: Police arrest international gang that defrauded investors of $686m.
A group that reportedly conned victims in 35 countries out of 645 million euros ($686.41 million) through a scheme focused on medical cannabis plants has
BlackRock assets reach a milestone of $10.5tr, profits surge as markets rally.
The world’s largest asset management, BlackRock, reported on Friday that its assets, which are open to the public, reached a record $10.5 trillion in the
UN says high inflation and food scarcity pushed 55m people in West and Central Africa into acute hunger.
U.N. humanitarian organizations issued a warning on Friday, stating that almost 55 million people in West and Central Africa may find it difficult to feed
Italy’s G7 summit to focus on Africa and the dangers of AI.
Italy intends to bring leaders of many African nations, as well as those from Argentina, Brazil, and India, to what are known as outreach sessions
Vietnam property firm accused of $12b fraud linked to prime assets.
Following a month-long trial, Van Thinh Phat Holdings Group Chairwoman Truong My Lan, the mastermind of Vietnam’s largest-ever financial scam, was condemned to death on
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