Germany sells postal company shares for $2.3b to fund railway upgrades.
To reduce the government’s ownership and raise funds for the country’s rail network upgrades, Germany’s state-owned development bank sold shares in the firm that runs
Russia’s nuclear push into Africa: four states, big reactors.
The president of Russian nuclear firm Rosatom stated on Friday that Russia is in talks with four nations on major nuclear projects and is prepared
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
Microsoft plans to convert rural India into an AI hub by skilling 2 million people.
CEO Satya Nadella announced on Wednesday that Microsoft will offer AI-skilling opportunities to 2 million people in India by 2025. He also stressed the importance
Europe’s green energy boom is in crisis, with over 95% reliance on Chinese solar panels.
The switch to green energy in Europe is caught in a difficult situation. Record solar energy installations are being driven by a rush of low-cost
GoFundMe has raised over $30b through its crowdfunding platforms from Gen Z and millennials.
Since 2010, GoFundMe crowdsourcing campaigns have raised $30 billion, the fundraising site revealed on Tuesday. This is because younger generations are increasingly making donations outside
Nigeria’s Central Bank declines payment of the $2.4 billion FX backlog after a failed audit.
The governor of Nigeria’s central bank announced on Monday that errors totaling $2.4 billion had been found in a forensic examination of $7 billion in
Bezos to divest 50 million Amazon shares worth $8.6 billion over 12 months.
As per a business filing on Friday, Jeff Bezos, the founder of Amazon, is set to divest up to 50 million shares of the online
Meta gains record $196b in market value, driven by AI and advertising revenues.
In what CEO Mark Zuckerberg dubbed the “year of efficiency,” Meta Platforms Inc. tripled its earnings and reported significantly greater revenue in the last quarter
The World Bank tackles the climate crisis with emergency funds and catastrophe bonds.
To better assist member nations affected by natural disasters and other shocks in responding to a world that is becoming more and more prone to
Farmers’ rage grows throughout Europe over taxes, green rules, and cheaper imports.
In protest of increased taxes and growing expenses, farmers set off fireworks, ignited fires close to the European Parliament in Brussels, and flung eggs and
China’s Country Garden puts a $570m London residential building up for sale after defaulting on offshore payments.
Chinese real estate developer Country Garden is moving forward with asset sales both domestically and internationally following its offshore loan default by listing its 450
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