US judge rules that Barclays must answer to the shareholders’ lawsuit on the $17.7b debt sale blunder.
On Friday, an American judge said that Barclays would have to deal with a proposed class action from investors who claimed the British bank had
Egypt’s TMG partners with National Bank to build a new $27 billion mixed-use city east of Cairo.
At a press conference on Saturday, CEO and Managing Director Hisham Talaat Moustafa said that Egypt's Talaat Moustafa Group (TMG) would construct a new mixed-use
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
Egypt’s battered economy gets $35b investment from UAE to boost forex.
Egypt announced on Friday that it has signed an agreement with the United Arab Emirates to develop a desirable portion of its north coast in
Nvidia’s near $2tr market capitalization rattles the US stock market.
Nvidia Corp has personified the artificial intelligence fervor of the U.S. market more than any other stock, leaving Wall Street vulnerable to the swings of
World Bank warns that low-income countries are locked in a debt trap with high-interest loans.
The World Bank issued a warning, stating that the requirement for poor countries to accelerate slowing economic growth has “changed dramatically” due to high borrowing
Capital One will acquire Discover for $35b, in a deal that will upset the US payments industry.
In a deal that would combine two of the country’s credit card businesses and perhaps upend the payments sector, which is primarily controlled by Visa
Naira crashes to a record low of N1, 712 to a dollar as equities plummet.
On Monday, the Nigerian naira hit historic lows on both the official and unofficial markets and stocks had their largest one-day decline in over a
Olam Group tackles Nigeria’s Central Bank over $50b forex fraud.
The Olam Group of Singapore stated on Monday that there was no proof found by its investigation team linking its Nigeria unit to a purported
Tech giants see generative AI as a threat to democracy, sign accord to stop deepfakes.
Leading tech firms agreed on Friday to voluntarily take “reasonable precautions” to stop the use of artificial intelligence tools to rig national and international elections.
US to give Intel $10b in subsidies to build the world’s largest chip plant in Ohio.
The Biden administration is considering giving Intel Corp more than $10 billion in subsidies. A combination of loans and direct grants are probably part of
Microsoft is releasing four Xbox-exclusive titles on other companies’ platforms.
Several exclusive Xbox titles will soon be available on competing systems, the video game business and its parent, Microsoft, revealed on Thursday. Microsoft Gaming CEO
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