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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.
Following requests from its affluent clientele, Ferrari has begun accepting cryptocurrency payments for its high-end sports cars in the United States and will expand the
The Biden administration has chosen clean energy projects in seven states, ranging from Pennsylvania to California, as part of a $7 billion program to jump-start
The top foreign policy official for the European Union cautioned on Friday that if the region’s trade deficit with China is not reduced, public opinion
President Bola Tinubu of Nigeria appointed a lawyer to lead the country’s anti-graft organization after the former leader was dismissed over corruption charges, his spokeswoman
Microsoft said in a securities filing on Wednesday that the Internal Revenue Service estimates it owes the U.S. Treasury $28.9 billion in overdue taxes, penalties,
Energy firms, hedge funds, and commodities traders are increasingly using financial products that allow them to wager on the weather in an effort to hedge
The Federal Trade Commission put up a proposal on Wednesday to outlaw any fictitious junk fees that may be used to inflate the price of
A government report was released by China that promotes the 10-year-old Belt and Road Initiative while downplaying accusations that it has burdened developing nations with
A recent report by the national trade association for the industry shows that the casino gaming sector in the United States generates about $329 billion
The World Bank announced on Monday that it is exploring methods to increase the commercial loan guarantees it offers in order to increase the amount
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