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Nvidia, Amazon, and Microsoft are to issue term sheets for a $60 billion investment in OpenAI.
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.
Nigeria and Saudi Arabia reached agreements on Friday on a number of cooperation and investment agreements. Among these was the Saudi government’s commitment to finance
The largest bank in China says its financial services division was the cause of the ransomware attack that allegedly caused trading in the US Treasury
After launching its private bank there in July, HSBC hopes to boost personal banking in the country to cater to the rapidly expanding population of
Mohammed Al-Jadaan, the Saudi Finance Minister, announced during the Saudi-Arab-African Economic Conference in Riyadh on Thursday that the Saudi Fund for Development would ink deals
Ping An Insurance Group has been approached by Chinese authorities, to acquire a majority share in the troubled Country Garden, which is the largest private
On Wednesday, Croatian authorities advised the public to limit their water intake to tap water while they looked into many reports of people being ill
As investors worry about the fiscal prospects in one of Europe’s most indebted nations, Italian stocks are selling at their lowest discount to global shares
The state-owned oil company of Nigeria, NNPC Ltd., announced on Tuesday that it has introduced a new crude grade called Nembe, which it claims is
After months of talks, the Italian communications giant TIM announced on Sunday that its board of directors had accepted the KKR investment company’s binding purchase
The electric vehicle manufacturer Tesla, which hopes to see widespread adoption of its vehicles, is set to construct a 25,000-euro ($26,838) automobile at its facility
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