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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.
Fnality, a blockchain-based wholesale payments company, reported on Thursday that shareholders Lloyds Banking Group, Santander, and UBS completed the “world’s first” live transactions that digitally
As part of shock measures that new President Javier Milei claims are necessary to address an economic emergency, Argentina announced on Tuesday a significant depreciation
The World Bank stated on Wednesday that to promote economic growth, Nigeria still needs to stabilize its foreign exchange market and control inflation after removing
Three companies are vying for the mandate to handle JPMorgan Chase’s local custody business in Taiwan and Hong Kong: Citigroup, HSBC, and Standard Chartered. Wall
Governor Kathy Hochul said on Monday that New York State will invest $1 billion to increase chip research in Albany, the state capital, to make
The Biden administration said on Monday that it will give $35 million to BAE Systems to boost production at a New Hampshire facility that makes
The latest change to the $3.8 trillion mutual fund industry comes from China’s securities regulator, which has released draft guidelines aimed at reducing trading costs
Treasurer Jim Chalmers announced on Sunday that Australia will triple levies on foreign buyers’ purchases of existing properties as part of efforts to increase the
On the fringes of the UN climate negotiations on Friday, an additional $9 billion in funding was revealed to address the role of agriculture in
The first comprehensive artificial intelligence regulations in history were reached by European Union negotiators on Friday, opening the door for legal supervision of this technology,
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