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Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
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.
The largest economy in Africa saw a deteriorating cost-of-living issue in November when Nigeria’s annual inflation increased for the eleventh consecutive month to the highest
The International Development Association said on Friday that the World Bank’s fund for impoverished nations intends to lend $750 million for sustainable energy projects in
This week, a 13th U.S. state granted Elon Musk’s social media site X—previously known as Twitter—a money-transmitter license, bringing it one step closer to implementing
On Thursday, the Federal Deposit Insurance Corp.-owned Signature Bridge Bank announced that it had sold 20% of its interest in the business, which was keeping
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
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