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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.
To improve its artificial intelligence (AI) products, Hewlett Packard Enterprise will acquire networking equipment manufacturer Juniper Networks for $14 billion in an all-cash transaction. Juniper
A final regulation that requires businesses to treat certain workers as employees rather than as less expensive independent contractors was released by the U.S. Department
In response to mounting political pressure from the far right, President Emmanuel Macron is seeking a fresh start for the remainder of his mandate. On
To clear a backlog of dollars, Nigeria’s central bank has paid roughly $2 billion in unpaid foreign exchange forwards in the previous three months, according
Following a terrifying flight in which an Alaska Airlines airplane was left with a gaping hole in its side, federal officials said on Saturday that
In retaliation for American arms sales to Taiwan and American sanctions against Chinese individuals and firms, China slapped restrictions on five American defense-related enterprises on
The U.S. Securities and Exchange Commission, stock exchanges, and investment management companies reviewed final wording revisions on spot bitcoin ETF filings on Friday. This might
The cash-strapped government of Argentina plans to issue 10-year bills to the central bank to earn $3.2 billion in hard currency to cover debt repayments,
In an attempt to sustain high interest rates following years of unpredictable governance under President Tayyip Erdogan, American investment behemoths Pimco and Vanguard have recently
The Indian antitrust authorities are looking into claims of coordination on discounts and tariffs by domestic subsidiaries of international delivery corporations, including FedEx, United Parcel
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