Technology
OpenAI Faces Competition From France, Japan
OpenAI continues to attract tons of venture capital, its accumulated take reportedly hovering at $6.5 billion most recently. And a...
News
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Economics, Policy & Regulation
India Bails Out The Maldives
India last month extended the fiscally precarious Maldives a $50 million interest-free loan, helping stave off a potential default on...
Capital Raising & Corporate Finance
Sports Betting: FanDuel Parent Wields M&A To Expand
Flutter, the Dublin-based parent of FanDuel, bought Italian gambling service Snaitech last month for $2.6 billion, hard on the heels...
Economics, Policy & Regulation
Norway: Electric Car Ownership Outnumbers Gas Cars
In a global first, the Norwegian Road Federation (OFV) said last month that electric vehicles (EVs) now outnumber gas-powered models...
Economics, Policy & Regulation
New US Tariffs Begin On Chinese Goods
In September, the US adopted a 100% tariff on all electric vehicles (EVs) imported from China, along with a 50%...
Economics, Policy & Regulation
Kenya: High Court Quashes Privatization Law
Kenya’s President William Ruto has been adamant about the need to boost the productivity of state-owned enterprises (SOEs) that he...
Capital Raising & Corporate Finance
Veteran Nike Executive Taking Reins Of Shoe Giant
After four years in command at Nike, CEO John Donahoe is handing over the helm to Elliott Hill, a 60-year-old...
Banking
Dealmaker-In-Chief: Unicredit CEO Andrea Orcel
True to his reputation as a consummate dealmaker, Unicredit CEO Andrea Orcel is orchestrating one of the largest cross-border bank...
Economics, Policy & Regulation
Sri Lanka: New President Wins In An Upset
In a massive political upset, a neo-Marxist political outsider won September’s presidential election in Sri Lanka. The victory of Anura...
Technology
UAE: Global Chip Makers Evaluate Building Plants In The Gulf
Samsung Electronics and Taiwan Semiconductor Manufacturing Company (TSMC) have held talks with United Arab Emirates (UAE) officials that could see...
Banking
Egypt: United Bank Stake For Sale
Egypt’s government plans to sell a stake in United Bank via an initial public offering (IPO) during the first quarter...
Economics, Policy & Regulation
European Union: Riberia Gets Role As Hybrid Commissioner
Teresa Ribera’s appointment as European Union executive vice-president for a Clean, Just and Competitive Transition places her in the hybrid...