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
Global News, Breaking News, Economic, Business, Energy, Global Markets,
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.
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
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
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
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
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
In order to strengthen its defenses against potential security vulnerabilities that may be exacerbated by the widespread use of artificial intelligence, Cisco has agreed to
The family of a man from North Carolina who died after following Google Maps directions and driving his car off a collapsed bridge is suing
In order to move closer to its objective of raising hourly pay to $25 by 2025, Bank of America announced in a statement on Wednesday
A subsidiary of Huawei Technologies is exporting new Chinese-made processors for security cameras, which is a new indication that the Chinese tech giant is figuring
A representative for the U.S. Agency for International Development (USAID) announced that the United States and Norway will each donate a total of $70 million