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Meta faces trial in New Mexico for alleged child exploitation on its platforms and profiting from it.
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.
This summer, as part of an expanding campaign against the emissions-producing lifestyles of the ultra-wealthy, climate activists spray-painted a super yacht, stopped private aircraft from
Nigeria’s new oil minister stated on Friday that the country expects its four oil refineries to be ready by the end of 2024, with the
More than $223,000 was paid at auction for one of the original Apple personal computers that was inscribed with Steve Wozniak’s signature. According to Boston-based
The interim governor of Lebanon’s central bank urged the ruling class to enact economic and financial reforms right away, warning that the bank would not
The Russian arm of the Dutch brewer Heineken has been sold for just one euro; the company said on Friday, 18 months after Moscow began
Switzerland’s financial markets regulator stated on Thursday that a thorough investigation of more than 30 banks this spring revealed that “a large number” did not
In the midst of an ongoing salary dispute between doctors and the British government, senior doctors in England are expected to go on another 48-hour
In a triumph for the industry, the U.S. Securities and Exchange Commission decided against outright prohibiting some fees and making it simpler for investors to
The head of the powerful financing arm of the European Union has warned that unless the West rapidly steps up its support efforts, it runs
The Geisum and Tawila West Concession in the Gulf of Suez was the site of a fresh oil discovery, according to the petroleum ministry of
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