Italy’s Bending Spoons Secures $2.8 Billion In Debt Financing To Buy AOL From YahooÂ
Bending Spoons is known for acquiring struggling tech companies and revamping them. In 2024, the Italian ...
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OpenAI Transitions to For-Profit, Pushing Microsoft’s Valuation to $4 Trillion
Microsoft has a deal to access OpenAI technology until 2031. Microsoft has a 27% stake in ...
AWS Outage: Why The Cloud Service Crashed And Its AftermathÂ
AWS's northern Virginia cluster, known as US-EAST-1, has been identified as the problem cause, and it ...
Gucci-Owner Kering To Sell Its Beauty Division To L’OrĂ©al For 4 Billion EurosÂ
The Gucci-parent company has agreed to sell its fragrance line, Creed, to L’Oreal. Kering has also ...
Saim AI Launches AI Chatbot to Guide Companies Entering Middle East Markets
Abdullah Al Watban, founder of Saim AI, states that their platform is built to bridge the ...
LG Energy Solution Forecasts 34% Profit Jump as US EV Buyers Race for Tax Incentives
LG Energy Solutions is one of the US producers of LFP batteries, a technology largely dominated ...
US to Impose Port Fees on China-Linked Vessels to Counter Chinese Maritime Trade Dominance
Non-Chinese operators using Chinese-built ships will be charged the higher amount of either $23 per ton ...
Mandarin Oriental To Sell Top Floors Of Its One Causeway Bay With Alibaba As Speculated BuyerÂ
Mandarin Oriental is looking to sell the top 13 floors of One Causeway Bay, totalling 270,000 ...
Nigeria’s Economy Rebounds At The Fastest Rate Amid Oil Boom and Policy Shifts
On the other hand, its financial sector is undergoing its own changes. Nigeria’s Securities and Exchange ...
Vodafone Invests ÂŁ2 Billion with Ericsson and Nokia in 5G Infrastructure
Vodafone’s share price has only increased slightly (1.2%) since its merger, indicating that investors remain cautious ...
The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
