Paraguayan President Santiago Peña has resigned after parliament initiated impeachment proceedings against him over alleged irregularities linked to the collapse of Ueno Bank, a financial crisis that has triggered protests and left
Amini, a sovereign AI infrastructure company, has announced a major strategic partnership with Hon Hai Technology Group (Foxconn), the world’s largest electronics manufacturer, and Bull, a global leader in high-performance computing, artificial
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eBay has formally rejected a $56 billion takeover proposal from GameStop, setting the stage for a potentially explosive corporate battle between two of the most recognizable names in American retail and e-commerce.
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Sony Music Publishing has announced the acquisition of the music rights portfolio of Recognition Music Group in a deal valued at approximately $4 billion, or 3.4 billion euros, dramatically expanding Sony’s control
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Former Ecuadorian president Lenín Moreno appeared before Ecuador’s National Court of Justice in Quito on May 11 to face trial over alleged bribery and corruption linked to the construction of the Coca
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Goldman Sachs recorded its highest revenue from Japan in more than 15 years, underscoring a powerful resurgence in the country’s financial markets that has drawn renewed attention from major global banks. The
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Administrators managing the insolvency of Market Financial Solutions have launched explosive legal action against the company’s owner, Paresh Raja, accusing him of orchestrating the “systematic plundering” of the collapsed mortgage lender. According
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Indian Prime Minister Narendra Modi has issued an unusual nationwide appeal asking citizens to refrain from buying gold for at least a year, in a bid to preserve foreign exchange reserves and
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China’s industrial sector has recorded its fastest factory-gate inflation increase since the post-Covid period, with producer prices rising 2.8% in April compared to a year earlier, according to data cited by Bloomberg
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Uber is making its boldest move yet toward becoming a full-scale “super app,” expanding far beyond ride-hailing as competition intensifies from autonomous vehicle companies and rival consumer platforms. The company’s latest strategy
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China is positioning Spain as a central manufacturing hub for its expanding presence in the European automotive market, according to reporting based on industry sources and analysis of ongoing negotiations. The shift
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The UK government is preparing to announce the full nationalisation of British Steel in the upcoming King’s Speech, marking a dramatic escalation in state intervention aimed at securing the future of one
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A grieving Minnesota family is at the centre of a growing legal battle that could reshape the global cannabis industry, after the death of their 21-year-old son, who they believe was driven
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The Panama Canal is experiencing a significant surge in revenue, driven by global shipping disruptions linked to the war involving Iran, according to reporting by the Financial Times. Canal authorities say revenues
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A team of researchers in China has developed a catalyst capable of transforming nitrate pollution from agricultural runoff and industrial wastewater into ammonia—the essential chemical building block of urea fertiliser—with nearly three
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Thousands of former Oracle employees are speaking out after the company reportedly rejected attempts to negotiate improved severance terms following sweeping layoffs that affected an estimated 20,000 to 30,000 workers worldwide on
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