Bank of America is to pay a minimum salary of $48,000 a year starting in October.
In order to move closer to its objective of raising hourly pay to $25 by 2025, Bank of America announced in a statement on Wednesday
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
China dumps iPhone15 for Huawei Mate 60 Pro with advanced chips, U.S doubts capacity for scale.
A subsidiary of Huawei Technologies is exporting new Chinese-made processors for security cameras, which is a new indication that the Chinese tech giant is figuring
U.S., Norway launches $200m Africa agricultural fund across the value chain.
A representative for the U.S. Agency for International Development (USAID) announced that the United States and Norway will each donate a total of $70 million
UN says Africans should claim financial reparations for the enslavement of over 30m people for 400 years.
Although legal claims are complicated by the passage of time and the difficulties in identifying perpetrators and victims,the United Nations said on Tuesday that governments
Inflation: Uruguay’s central bank is in control, and the Argentine central bank is adrift.
Diego Labat, the head of Uruguay’s central bank, is content. The country is spearheading a regional pivot towards interest rate relaxation, the inflation rate is
Climate change: Combating AIDS, TB, and malaria hampered by extreme weather and conflict.
The chairman of the Global Fund to Fight AIDS, Tuberculosis, and Malaria has warned that climate change and violence are hampering efforts to combat three
U.S. big banks cave into the Fed’s high interest rates and cost pressures by reducing staff.
Heavyweights in the banking industry, including Goldman Sachs and Morgan Stanley, have made a number of layoff announcements this year as part of a cost-cutting
Brexit fallout: Italy’s FinecoBank ceases operations in Britain.
The board of Italy’s FinecoBank recommended the closure of the company’s operations in Britain on Friday due to regulatory challenges brought on by the nation’s
U.S. Central Bank lost over $100b in 2022 as interest rate hikes reach 5%.
Federal Reserve losses now exceed $100 billion, according to figures from the central bank disclosed on Thursday, and they’re certain to rise significantly more before
Nigeria’s inflation rose to 25.8% in August, the highest since 2005 driven by subsidy removal and Naira devaluation
According to official statistics released on Friday, Nigeria’s annual inflation rate increased to an 18-year high of 25.8% in August as the continent’s largest economy
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