Societe Generale bank embraces blockchain technology with a 10m euro digital green bond.
The third-largest listed bank in France, Societe Generale, announced on Monday that it had issued its first “digital green bond” on a public blockchain as
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
For the Standard Gauge Railway project in Tanzania, Standard Chartered Bank has successfully set up a $2.33 billion syndicated finance arrangement, the bank announced on
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
COP28: Top 10 development banks pledge more funds for clean energy, but decline accord on fossil fuel.
At the COP28 conference, ten of the leading development banks in the world committed to intensifying their climate efforts, but they made no mention of
Swiss bank UBS targets $150b in new money as it embarks on ambitious US expansion.
As part of its ambition to reach $150 billion in net new money or inflow of new funds, annually, Swiss bank UBS intends to increase
US-China rivalry deepens as the Pentagon signs a new high-tech deal with Australia and the United Kingdom.
As part of a larger attempt to offset China’s rapidly rising influence in the Indo-Pacific, the United States is extending its high-tech military collaboration with
US enact new rules to exclude Chinese supply chains from winning EV tax credits.
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
AbbVie Pharmaceuticals diversifies into ovarian cancer drug with the acquisition of ImmunoGen for $10.1b.
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.
UN climate conference kicks off with fund for nations worst hit by environmental disasters.
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
Europe’s property sector crisis pushes Signa group with $29b assets into insolvency.
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
China’s economic woes worsen as Walmart and Amazon commit to $10b and $20b Indian imports per year.
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 in a landmark powers data centres with clean energy using geothermal electricity.
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.
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