Swiss wealth managers expect the Middle East crisis to boost the inflow of Gulf assets.
Wealthy people are trying to move their assets from the Gulf region to Switzerland due to the intensifying turmoil in the Middle East after the
IMF warns Nigeria that $5 billion swap deal with the UAE lender is opaque and complex.
Nigeria plans to borrow up to $5 billion through a derivatives arrangement with First Abu Dhabi Bank, but the IMF issued a warning on Tuesday
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
World faces biggest oil supply disruption ever on Middle East war, IEA says.
A day after agreeing to release a record amount of oil from strategic stocks, the International Energy Agency said on Thursday that the Middle East
AT&T commits $250 billion to boost US AI infrastructure.
As telecom companies increase their investments to meet the growing demand for data, AT&T announced on Tuesday that it will hire thousands more technicians this
Nvidia-backed Nscale is valued at $14.6 billion after raising $2 billion for global AI infrastructure.
After obtaining $2 billion in its most recent investment round, the Nvidia-backed artificial intelligence company Nscale was valued at $14.6 billion, the British company announced
German media conglomerate Axel Springer to acquire the UK Daily Telegraph publisher for $766 million.
The firms announced on Friday that Axel Springer, a German media group, has reached an agreement to purchase the owner of the Daily Telegraph newspaper
Google pacifies Epic Games by reducing its app store commissions.
After a protracted court struggle that resulted in one of several verdicts denouncing its practices as an illegal monopoly, Google will reduce the lucrative fees
Japan-US trade deal to add nuclear power project to $550 billion investment package.
The United States and Japan are to include a nuclear power plant in the second round of agreements under Japan’s $550 billion investment package. Westinghouse
SoftBank’s PayPay aims for a US IPO valuation of up to $13.4 billion, about the largest by a Japanese firm.
In spite of erratic markets, SoftBank’s PayPay is aiming for a valuation of up to $13.4 billion in its U.S. IPO, which may be one
BlackRock, EQT-led consortium close a $33.4 billion AES deal, betting on AI power boom.
In one of the largest acquisitions in the industry, a group led by BlackRock’s Global Infrastructure Partners and Swedish private equity firm EQT AB has
OpenAI achieves an $840b valuation with mega funding of $110b from Big Tech firms.
In a move that reflects the frantic pace of artificial intelligence investment, OpenAI said on Friday that it is raising $110 billion in a blockbuster
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