UK cost of living crisis throws London office market vacancies to 30-year high.
London’s struggling office market is in a “rental recession” as the amount of vacant space in the West End, City, and Canary Wharf business districts
AfDB raises $11 billion for poor nations with US funding still pending.
The African Development Bank (AfDB) said on Tuesday that it had raised $11 billion for its fund, which lends money to low-income nations on advantageous
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
Amazon’s robotics fulfillment center and delivery station in Virginia Beach will generate over 1,000 jobs.
Glenn Youngkin, the governor of Virginia, revealed on Monday that two new Amazon operations facilities are coming to Virginia Beach and will eventually employ more
The US plans to replace fossil fuels with commercial nuclear fusion as part of a clean energy transition in a decade.
As part of the country’s shift to sustainable energy, the Biden administration intends to establish a commercial nuclear fusion reactor within ten years, according to
Cainiao Logistics becomes Alibaba’s first business unit to go public with Hong Kong IPO after major restructuring.
Alibaba, a Chinese e-commerce company, announced on Tuesday that it would spin off Cainiao Smart Logistics Network, its logistics division, in a Hong Kong IPO,
Google-backed AI startup Anthropic gets $4b investment for making Amazon its primary cloud computing service.
Anthropic will get up to $4 billion from Amazon, and the online retailer will own minority shares of the artificial intelligence business. The investment serves
Top U.S. banks forming consortium on securities disclosure is a regulatory risk.
A group of five banks, including Goldman Sachs and HSBC, have agreed to establish a uniform global standard for revealing clients’ stock holdings. Participants in
China has vacant homes for 3 billion people. – Ex-statistics bureau chief.
Even China’s 1.4 billion people wouldn’t be able to fill all the vacant flats strewn around the nation, a former official claimed on Saturday in
Africa has the funding and technology to achieve food security in five years. – African Development Bank head.
The $25 billion goal of the African Development Bank (AfDB) is “well on track,” according to AfDB President Akinwumi Adesina, whose organization supports programs in
Nigeria’s new central bank governor Olayemi Cardoso and four new deputy governors resume office.
In anticipation of being formally confirmed by the Senate, Olayemi Cardoso, who was recently nominated by Nigerian President Bola Ahmed Tinubu to serve as the
HSBC will provide climate-tech startups with $1b in funding to help reduce carbon emissions.
In an effort to encourage developing climate-tech businesses globally and to contribute in the reduction of carbon emissions, HSBC Holdings announced on Wednesday that it
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