Amazon launches European sovereign cloud to prevent American government from snooping on user data.
As part of its effort to meet the stringent laws that businesses and those working in the public sector must go by in the European
African nations are trapped in a debt cycle, as Chinese loan repayment exceeds the amount they receive in new loans.
China's position as a major lender to developing countries has changed over the past ten years, with fresh loans to poorer nations drastically declining while
Amazon fined $2.5 billion for duping millions of customers with Prime subscription. – FTC.
A historic order has been obtained by the Federal Trade Commission from Amazon.com, Inc., Senior Vice President Neil Lindsay, and Vice President Jamil Ghani. This
Microsoft targets Apple’s market share with Nvidia’s Arm-based PC chips.
The market for processing chips for artificial intelligence is dominated by Nvidia and it is now vying for personal computers, a longstanding bastion of Intel.
Chevron- Hess all shares deal for $53b, as elevated energy prices give higher returns to investors.
The $53 billion acquisition of Hess Corp. by Chevron is not even the largest in the energy sector this month, as major producers seize the
Nigeria’s finance minister says $10b forex inflow to hit the economy in weeks.
Nigeria’s finance minister, Wale Edun, says the country anticipates receiving $10 billion in foreign currency inflows over the coming few weeks, which will help to
China’s dominance and curb on the export of graphite and critical minerals for EVs triggers a race for alternatives.
Miners around the world are in a race against time to complete new projects in order to ensure supply for the upcoming generation of electric
Italy’s treasury appoints UBS, Jefferies, and Clifford Chance as financial and legal advisers for MPS privatization.
The privatization of the bailed-out bank Monte dei Paschi di Siena (MPS), according to the Italian treasury will be handled by UBS, Jefferies, and Clifford
US budget deficit hits $1.7tr as revenue dips, social security and health bills grow.
The U.S. government announced a $1.695 trillion budget deficit for fiscal 2023 on Friday, a 23% increase from the previous year as a result of
Americans losing trust in institutions, from Congress to organized religion.
A longer-term pessimism about the nation’s fundamental institutions is being fueled by the Republican dysfunction that has brought the U.S. House to a standstill as
Federal Reserve will opt for slower economic growth to achieve 2% inflation target – Powell
Jerome Powell, the chairman of the Federal Reserve, stated on Thursday that the inflation rate is still too high and that it will probably take
China to invest new funding of $6b under BRI projects in various sectors in Nigeria.
Following a Belt and Road Initiative summit in Beijing, President Xi Jinping of China promised on Thursday that his nation will raise investments in Nigeria’s
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