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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.
British American Tobacco (BAT) was fined $110 million by Nigeria’s competition commission on Wednesday, the watchdog said, in response to claims that it had abused
The U.S. Department of Energy announced on Tuesday that contracts to buy three million barrels of oil have been finalized, contributing to the replenishment of
In a $14 billion transaction, pharmaceutical giant Bristol Myers Squibb will purchase biopharmaceutical startup Karuna Therapeutics, which has created a novel antipsychotic. Karuna and Bristol
The Izvestia Daily, which cited specialists and studies from the Russian Academy of Science’s Institute of Economics, stated on Sunday that Russia will continue to
The U.S. Justice Department announced on Friday that truck engine manufacturer Cummins Inc. has agreed in principle to pay a $1.675 billion fine for placing
In its most recent circular, Nigeria’s central bank said that it has lifted the prohibition on cryptocurrency transactions, citing the need to regulate these activities
About 240 million personal computers (PCs) could be disposed of as a result of Microsoft Corp.’s decision to discontinue support for the Windows 10 operating
Following seven fatalities from ingestion of the Chinese vendor Doraemon’s magnetic ball sets due to their loose, dangerous magnets, the U.S. Consumer Protection Unit issued
The Saudi-led club of oil producers, OPEC, has been trying in recent months to get support for more output cutbacks aimed at maintaining oil prices.
A senior games executive stated that Sony is witnessing great momentum for its PlayStation 5 platform, with lifetime sales surpassing 50 million units and the
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