Italy proposes a 40% excess profit tax on banks to bridge social equity.
Following the Cabinet’s approval of a plan to impose a 40% tax on some bank earnings this year to assist consumers and businesses in adjusting
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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.
Following the Cabinet’s approval of a plan to impose a 40% tax on some bank earnings this year to assist consumers and businesses in adjusting
The New Zealand government said on Tuesday that it will collaborate with American finance behemoth BlackRock to become one of the first countries in the
In an effort to increase the use of digital currencies for payments and transfers, payments company PayPal introduced a U.S. dollar stablecoin on Monday. According
Last month, a visitor to the maternity department in an Oregon hospital caused a disturbance, prompting nurses to issue a warning that the guy might
Ajay Banga, president of the lender, stated on Saturday that the World Bank plans to work with the government and the private sector to assist
This week, U.S and Mongolian officials talked about “creative ways” to make sure the landlocked nation, which depends on the goodwill of its neighbors China
As flames neared, guests at a beachside hotel on the Greek island of Rhodes picked up pails of pool water and moist towels, racing to
Alphabet, the parent company of Google, announced on Friday that it has reduced its ownership of Robinhood markets by over 90%, just days after the
Apple announced on Wednesday that client contributions into its high-yield savings account with Goldman Sachs have surpassed $10 billion. Users of Apple Cards can receive
CoreWeave, a specialized cloud provider, announced on Thursday that it had received $2.3 billion in a loan facility headed by Magnetar Capital and Blackstone and