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
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BlackRock’s assets reached a record $15 trillion thanks to ETF inflows and strong markets.
Stripe, Advent bid to acquire PayPal for over $53 billion.
Hungary’s Magyar Fejlesztési Bank gets a €2 billion capital injection with the EU’s approval.
SoftBank, PayPay to rescue Seven & I with $2 billion investment.
UK to regulate BigTech firms to safeguard financial stability.
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
Bank of England says AI poses a growing threat to financial stability.
Korea’s SK Hynix launches a $28 billion US listing, capitalizing on the global AI revolution.
Continental spinoff ContiTech to Lone Star Funds for $4.6 billion.
ECB rejects industry demands for reduced bank capital levels, citing concerns over lending and safety.
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
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
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%
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
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
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
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 intends to bring leaders of many African nations, as well as those from Argentina, Brazil, and India, to what are known as outreach sessions
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
The head of the UN climate agency stated that humanity has two years left “to save the world” by drastically altering the way it releases