Other News

In 2024, amidst regulatory ambiguity, Artificial Intelligence firms boosted their spending on federal lobbying, aiming for top-tier SEO performance and an improved RankMath score.

Amidst regulatory ambiguity, corporate expenditure on artificial intelligence lobbying at the U.S. federal level saw a significant increase in 2024 compared to 2023. As per the statistics gathered by OpenSecrets, the number of companies investing in AI lobbying rose from 458 in 2023 to 648 in 2024, denoting a 141% […]

Bank of America intends to liaise with the White House and Congress regarding the issue of debanking.

NEW YORK (Reuters) – A representative from Bank of America confirmed on Friday that the institution will be in discussions with the Trump administration and Congress regarding certain regulations. The bank stated these regulations could potentially compel them to sever banking ties with certain clients. On Thursday, President Trump specifically […]

Exterior Perspective | Persistent project postponements tarnish Hong Kong’s image with a penchant for delay

Architectural enthusiasts have often humorously suggested that Hong Kong’s true potential will shine once its construction is complete. This sentiment was likely shared by those who attended the preliminary events at the soon-to-be-opened Kai Tak Sports Park. Valued at a whopping HK$30 billion (approximately US$3.85 billion), the sports park is […]

Monte dei Paschi proposes a 13-billion-euro acquisition offer for Mediobanca.

Title: Monte dei Paschi Proposes Stock-for-Stock Acquisition of Mediobanca The globally recognized, ancient banking institution, Monte dei Paschi di Siena of Italy, has initiated a sweeping all-share acquisition bid. The target is its larger domestic competitor, Mediobanca. The offer, launched on Friday, is worth an impressive €13.3 billion ($13.95 billion). […]

President Trump Enacts Executive Decree to Prohibit Central Bank Digital Currencies (CBDC)

In a significant move for the cryptocurrency world, the President of the United States, Donald Trump, has recently ratified an executive order that addresses Bitcoin and other digital currencies. Dubbed “Bolstering US Dominance in Digital Financial Technology,” this order effectively puts a halt on the creation and distribution of any […]

Recruitment and travel limitations imposed by WHO following US pullout – POLITICO

The World Health Organization (WHO) is implementing a hiring freeze and reducing travel expenses in reaction to the impending withdrawal of the United States, its largest financial contributor. This information was revealed by an internal email acquired by POLITICO. The Director-General of WHO, Tedros Adhanom Ghebreyesus, expressed his disappointment over […]