Congo’s New Rules Could Force Banks to Sell Stakes of Up to 45%
A directive from the Democratic Republic of Congo’s central bank has lenders in the country concerned they may
2023-11-24 15:48
What We Know About Banks at Risk From Benko’s Crumbling Empire
The crumbling of Austrian tycoon Rene Benko’s property empire has investors on edge. Swiss lender Julius Baer Group
2023-11-23 22:59
Klarna Wins Regulatory Approval to Offer Credit, Payments in UK
Klarna Bank AB won approval to offer credit and payment products in the UK, though the new authorization
2023-11-23 22:22
Iranian Poverty Spread in ‘Lost Decade’ of Sanctions and Oil Swings, World Bank Says
Almost 10 million Iranians have slipped into poverty from a combination of sanctions, bad economic management and volatile
2023-11-23 10:54
Mubadala to Anchor Private Credit Fund for European Property
Mubadala Investment Co. said it will be an anchor investor in a new special situations fund set up
2023-11-22 16:16
Airline SAS Gets US Court Approval for $1.2 Billion Rescue Plan
Airline SAS AB received approval from a bankruptcy court in New York for a $1.2 billion rescue package
2023-11-22 14:49
What Will Happen in Gaza After Israel Stops Its War on Hamas?
As Israel wages its war in the Gaza Strip, officials across the world are united in trying to
2023-11-22 13:17
A New Front Is Opening Up in the US-China Conflict Over Chips
President Joe Biden has adopted a two-pronged approach to constrain China’s high-tech progress, curbing Beijing’s access to leading-edge
2023-11-21 09:26
OpenAI Investors, Led by Thrive, Angle to Bring Back Altman
OpenAI’s investors are still trying to return co-founder Sam Altman to a leadership role at the ChatGPT maker,
2023-11-21 07:23
Former NBA Player Darius Miles Avoids Prison in Health-Care Fraud Case
Darius Miles, who was the highest-ever National Basketball Association draft pick to come straight out of high school
2023-11-21 02:57
Microsoft Says Altman, Brockman Will Lead New In-House AI Team
Microsoft Corp. said that Sam Altman will lead the software developer’s new in-house artificial intelligence team after the
2023-11-20 16:15
OpenAI’s Murati Aims to Re-Hire Altman, Brockman After Exits
OpenAI’s interim Chief Executive Officer Mira Murati plans to re-hire her ousted predecessor Sam Altman and former President
2023-11-20 12:57