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The United Arab Emirates quits OPEC on May 1, a major hit to the oil cartel.
Shell expands operations to Canada’s Montney basin with the acquisition of ARC Resources in a $16.4 billion deal.
Related Digital secures $16 billion in funding for a 1GW Oracle data center in Michigan.
The US boosts the $47 billion cannabis industry with less restrictive rules.
War in Iran worsens food insecurity, pushing 30 million people back into poverty. – UN.
Gaming business AI-driven cost reductions might release $22 billion in earnings, says Morgan Stanley.
War in Iran is creating the worst energy crisis ever faced by the world, IEA says.
Global collaboration on stablecoins is crucial to prevent market fragmentation, BIS says.
World Bank advises 50 small nations on a new strategy to tackle economic challenges.
Egypt’s TMG partners with National Bank to build a new $27 billion mixed-use city east of Cairo.
Software with generative artificial intelligence is taking small firms by storm. A.I. technologies such as OpenAI’s ChatGPT, Google’s Bard, and others are being used by
The largest builder in Portugal, Mota-Engil, has signed four contracts in Angola and Mexico worth a combined total of 975 million euros ($1.06 billion). This
On Monday, a Japanese carmaker that had falsified safety testing for decades stated that it has no plans to start selling cars again anytime soon.
A day after the massive banking and fintech company located in Kazakhstan raised $1 billion for its investors in a huge initial public offering (IPO),
Data released by LCH Investments on Monday shows that the top 20 hedge funds in the world by revenue produced $67 billion for investors in
To accommodate the region’s growing demand for internet services, Google announced on Thursday that it will invest $1 billion in the construction of a data
Sekisui House Ltd. of Japan is paying $4.9 billion to acquire Denver-based M.D.C. Holdings Inc., making the Japanese company the country’s fifth-largest new home builder.
To reduce costs and improve sustainability, Indian company Tata Steel said on Friday that it would close both of its blast furnaces at its Port
Chancay, a fishing hamlet in Peru, welcomed a group of Brazilian farmers and politicians in September. The allure was a brand-new mega port being built
An official said on Wednesday that settlements with international airlines have now started after Nigeria’s central bank cleared 14 banks’ whole foreign exchange forwards liabilities.
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