EU fund fraud case of over $20b, Italy arrests 22, recovers millions.
As part of an investigation into alleged fraud connected to European Union and Italian funding schemes, Italian police announced on Thursday that they had detained
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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.
As part of an investigation into alleged fraud connected to European Union and Italian funding schemes, Italian police announced on Thursday that they had detained
Microsoft and Quantinuum announced on Wednesday that they have improved the dependability of quantum computers, which is a critical step toward making them commercially viable.
Google has consented to delete billions of records that contained personal data that were gathered from over 136 million American users of its Chrome web
Following antitrust scrutiny, Microsoft has decided to discontinue bundling its Teams videoconferencing service with its Office suite. On Monday, the IT behemoth announced that Teams
A data centre project that might cost up to $100 billion and contain the artificial intelligence supercomputer “Stargate,” scheduled to launch in 2028, is being
The heir Prince William and his wife Kate are expected to be absent from King Charles’s first public appearance at a royal function on Sunday,
Nigeria’s central bank announced new minimum capital requirements for banks on Thursday to fortify the nation’s financial system and increase the resilience of banks. According
In the Canadian province of Ontario, four of the biggest school boards said on Thursday that they had filed lawsuits against TikTok, Meta, and Snapchat,
A recent United Nations analysis estimates that in 2022, the globe wasted 1.05 billion metric tonnes, or 19% of the food produced worldwide. The Food
On Wednesday, HSBC announced that it is establishing the ASEAN Growth Fund, a $1 billion growth fund that will lend money to Southeast Asian businesses