UN sets up an advisory panel on the global regulation of AI.
A worldwide advisory council, including 39 members, was appointed by U.N. Secretary-General António Guterres on Thursday to provide reports on the risks, obstacles, and significant
Standard Chartered syndicates $2.33 billion to finance 1,219 km of Tanzanian railway.
For the Standard Gauge Railway project in Tanzania, Standard Chartered Bank has successfully set up a $2.33 billion syndicated finance arrangement, the bank announced on
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
UK’s Standard Chartered Bank lost $1b to China’s real estate and banking crises.
StanChart’s stock dropped 12% in London on Thursday before trading was momentarily suspended. The company had earlier disclosed that its profit had unexpectedly dropped by
South Africa’s energy crisis gets a respite with the $1b loan from the World Bank.
South Africa received a $1 billion loan from the World Bank on Wednesday to help with its energy problem, which reached a crescendo this year
Amazon launches European sovereign cloud to prevent American government from snooping on user data.
As part of its effort to meet the stringent laws that businesses and those working in the public sector must go by in the European
Microsoft targets Apple’s market share with Nvidia’s Arm-based PC chips.
The market for processing chips for artificial intelligence is dominated by Nvidia and it is now vying for personal computers, a longstanding bastion of Intel.
Chevron- Hess all shares deal for $53b, as elevated energy prices give higher returns to investors.
The $53 billion acquisition of Hess Corp. by Chevron is not even the largest in the energy sector this month, as major producers seize the
Nigeria’s finance minister says $10b forex inflow to hit the economy in weeks.
Nigeria’s finance minister, Wale Edun, says the country anticipates receiving $10 billion in foreign currency inflows over the coming few weeks, which will help to
China’s dominance and curb on the export of graphite and critical minerals for EVs triggers a race for alternatives.
Miners around the world are in a race against time to complete new projects in order to ensure supply for the upcoming generation of electric
Italy’s treasury appoints UBS, Jefferies, and Clifford Chance as financial and legal advisers for MPS privatization.
The privatization of the bailed-out bank Monte dei Paschi di Siena (MPS), according to the Italian treasury will be handled by UBS, Jefferies, and Clifford
US budget deficit hits $1.7tr as revenue dips, social security and health bills grow.
The U.S. government announced a $1.695 trillion budget deficit for fiscal 2023 on Friday, a 23% increase from the previous year as a result of
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