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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.
The long-awaited guidelines, which would restrict the amount of Chinese content in batteries eligible for electric vehicle tax credits beginning next year, were released by
To expedite the pharmaceutical company’s entry into the ovarian cancer therapy market, AbbVie is purchasing ImmunoGen in a deal estimated to be worth $10.1 billion.
The globe recently accomplished a significant step towards making up for the deaths caused by heat waves, droughts, and floods. Seen as a significant opening
Signa, the retail and real estate conglomerate, became bankrupt on Wednesday following the failure of desperate attempts to obtain new capital, becoming the largest victim
In an effort to save costs and diversify its supply chain, Walmart is importing more goods into the United States from India and lessening its
Google said on Tuesday that an advanced geothermal project has started to feed carbon-free electricity onto the Nevada grid to power Google data centres there.
Early in the fall, Blackstone Group and other investors sold Morgan Stanley $300 million in loss insurance for certain of its loans. The transaction details—which
China stated on Friday that, in an effort to attract more visitors for business and tourism, it will grant visa-free entrance to citizens of five
The Central Bank of Nigeria, led by its new governor, Olayemi Cardoso, announced on Friday that it will tighten policy during the next two quarters
Nissan is giving the British government a boost as it attempts to resuscitate the nation’s faltering economy by investing $1.4 billion to modernize its factory
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