Chip war: China to raise $40b in 3rd round of the Big Fund.
China is getting ready to launch a new state-backed investment fund with the goal of raising approximately $40 billion for its semiconductor industry as the
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
Nigeria’s forex crisis pushes PZ Cussons to go private.
PZ Cussons, a soap manufacturer, announced on Tuesday that it has offered to buy out PZ Cussons Nigeria’s minority owners and plans to delist the
UK children fail to resume after summer due to crisis of crumbling schools.
Following their summer break, British parliamentarians returned to the House of Commons on Monday. However, because of the danger posed by collapsing concrete, thousands of
Dutch government spends over $40b a year on subsidies for fossil fuel producers and users.
A report released Monday by a platform that analyses multinational corporations and by two organizations advocating for a transition to renewable energy, the Dutch government
US firms in China rattled by arbitrary fines, business raids, and changes to a counterespionage law. – Raimondo.
The tolerance of American industry was “wearing thin,” warned U.S. Commerce Secretary Gina Raimondo in interviews that were televised on Sunday, adding that American businesses
India’s PM says the UN is not in tune with 21st-century realities.
In an interview that was published on Sunday, Indian Prime Minister Narendra Modi urged the United Nations to modernize in order to secure the participation
Blackstone and Airbnb stock prices rise as the companies join the S&P 500 index.
In extended trading on Friday, shares of Blackstone and Airbnb rose after S&P Dow Jones Indices announced that the two businesses would enter the S&P
SoftBank Arm targets $55b valuation for IPO, as big tech firms scramble to invest.
Several of Arm Holdings Ltd.’s clients have agreed to invest in the chip designer’s initial public offering, including Apple Inc., Nvidia Corp., Alphabet Inc., and
Italy’s bid to help bank debtors risks damaging the non-performing loan market. – Expert.
A senior banker involved in the industry warned on Friday that a bill being proposed by the Italian prime minister’s party to assist those in
US to support automakers with $12b grants and loans during EV transition to clean energy.
Energy Secretary Jennifer Granholm announced on Thursday that the Biden administration is providing $12 billion in grants and loans for automakers and suppliers to upgrade
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