A $35 Billion Loan Project, Led by World Bank, Aims to Expand Electricity in Africa
Some $35 billion is aimed at building small solar sites in rural areas and other improvements. The World Bank chief called the project “foundational to everything.”
Read more at The New York Times
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The Electric Vehicle Fight Turns to California
The future of EVs might hinge on a decades-old air pollution law. Whether the law is upheld will have ramifications far beyond the borders of the Golden State.Wired - 1d -
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - 5d -
World’s largest sovereign wealth fund reports record $222 billion annual profit on tech rally
Norway’s sovereign wealth fund reported its full-year earnings on Wednesday.CNBC - 21h -
Czech central bank head wants it to buy billions of euros in bitcoin
Governor tells FT ‘I like profitability’ and predicts others could follow his exampleFinancial Times - 1d -
Which projects qualify for home equity loan tax deductions?
Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.CBS News - 1d -
World Bank Warns Colombian Staff Against U.S. Travel After Trump Visa Edict
Several Colombians whose visas were revoked were World Bank employees traveling in the United States at the time. They were deported.The New York Times - 2d -
Dam plan busted? World's biggest hydropower project in the balance
The DR Congo is planning to build a massive dam delivering power to millions of people - but it is not easy.BBC News - 3d -
An Indian Jewelry Brand Expands Its World
Bhagat, the celebrated jeweler, opens a boutique in London — its first outside of its home country.The New York Times - 3d -
Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say
The sale will reportedly take place next week.Inc. - 4d -
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - 5d -
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - 5d -
Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca
Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sectorABC News - 5d -
Profits at Indian banks dented as RBI curbs retail loans
Bad loan provisions also grow after millions of households loaded up on debt during ‘exuberant’ periodFinancial Times - 6d -
Trump’s $500 billion AI moonshot: Ambition meets controversy in ‘Project Stargate’
Trump unveils ambitious $500 billion 'Project Stargate' AI initiative with tech giants OpenAI, Oracle, and SoftBank, sparking controversy as Elon Musk questions funding and environmentalists raise ...VentureBeat - 6d -
From Musk to Nadella: Trump's $500 billion AI project stirs drama among the biggest names in tech
Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment project.CNBC - 6d -
With Cease-Fires on Two Fronts, Israel Takes Aim at West Bank
Israel expands its campaign against militancy in the Palestinian territory after more than 15 months of deadly war in Gaza.The Wall Street Journal - Jan. 22 -
West Africa's junta-led nations announce deployment of a joint force as extremist violence spikes
Niger’s defense minister says the junta-led West African countries of Niger, Burkina Faso and Mali have created a joint force that will soon be deployed in the restive Sahel region to face rising ...ABC News - Jan. 22 -
Trump announces $500 billion AI infrastructure project
President Trump announced a $500 billion investment into artificial intelligence infrastructure on his first full day in office. His announcement was made alongside the heads of three leading ...CBS News - Jan. 21 -
The Dodgers Won the World Series. Then They Spent Nearly Half a Billion Dollars.
It’s been 25 years since an M.L.B. team won back-to-back titles, but Los Angeles is unfazed.The New York Times - Jan. 21 -
Newsom announces bank mortgage loan grace period after wildfires
California Gov. Gavin Newsom (D) announced on Saturday commitments from five major banks to offer homeowners affected by the wildfires a 90-day grace period on their mortgage payments. The ...The Hill - Jan. 19 -
US announces $1.2 billion to help finance renewable energy projects in Puerto Rico
The U.S. Department of Energy says it's setting aside $1.2 billion in federal funds to help finance renewable energy projects in Puerto Rico to reduce its dependence on fossil fuelsABC News - Jan. 17 -
Biden announces final round of student loan forgiveness, bringing aid total to nearly $189 billion
The Biden administration announced on Thursday its final round of student loan forgiveness, clearing over $600 million in the debt for thousands of borrowers.CNBC - Jan. 17 -
World Bank and AfDB outline $40bn power finance terms for Africa
Yahoo News - Jan. 17 -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
Pakistan's premier welcomes World Bank's 10-year funding plan of $20 billion
Pakistan’s prime minister has welcomed the first-of-its-kind agreement with the World Bank under which his country will receive $20 billion in the next decade to invest in renewable energy, ...ABC News - Jan. 15 -
New US Rule Aims to Block China’s Access to AI Chips and Models by Restricting the World
The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.Wired - Jan. 13 -
Why you should get a home equity loan for spring projects now
Considering a home equity loan to pay for your planned spring projects? Here's why you should start the process now.CBS News - Jan. 10 -
EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal
The commission said that the companies’ offer to sell two business units to a rival fully addresses its concerns.The Wall Street Journal - Jan. 10 -
Amazon aims to expand advertising business by letting retailers use its ad tools on their stores
Amazon Retail Ad Service will allow sites to show "contextually relevant ads in the right place and at the right time" in search results, the company said.CNBC - Jan. 9 -
Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact
At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...MarketWatch - Jan. 8 -
Amid fears about Hollywood's future, L.A. approves $1-billion Television City project
The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.Los Angeles Times - Jan. 8 -
Bank alleges Bill Cosby ‘failed to repay’ loans; he could face foreclosure on two NYC homes
Cosby and his wife are reportedly facing foreclosure on two townhouses, after allegedly failing to keep up with repayments on multimillion-dollar loans.MarketWatch - Jan. 6 -
The new Great Wall: China’s $70 billion, 2,700-mile water transfer mega-project
Yahoo News - Jan. 1 -
Scientists aim for ‘Darwinian evolution’ with artificial life project
‘MiniLife’ research extends growing field of synthetic biology into new territoryFinancial Times - Jan. 1 -
11 architecture projects set to shape the world in 2025
Yahoo News - Jan. 1 -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31
More from The New York Times
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He Survived 15 Months of War in Gaza, Then Died as Cease-Fire Neared
Fighting claimed lives until the final moments before the truce between Israel and Hamas took effect. For some, an unexpected delay of a few hours proved deadly.The New York Times - 13h -
Stampede at India’s Maha Kumbh Mela Hindu Festival: Many Feared Dead
People were trampled as pilgrims at the Maha Kumbh Mela, one of the world’s biggest gatherings, gathered where the Ganges and Yamuna Rivers meet, officials said.The New York Times - 13h -
Citizenship by Birthright? By Bloodline? Migration Is Complicating Both.
In a world where people are more mobile than ever, nations are struggling to recalibrate who can be a citizen.The New York Times - 11h -
DeepSeek’s A.I. Chatbot Awkwardly Navigates China’s Censors
Asked about sensitive topics, the bot would begin to answer, then stop and delete its own work. It refused to answer questions like: “Who is Xi Jinping?”The New York Times - 6h -
Russia Seizes Another Town in Ukraine in Push to Take All of Donetsk
Moscow’s troops used the same pincer tactic on Velyka Novosilka that has enabled their recent capture of town after town in eastern Ukraine.The New York Times - 21h
More in World
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Hamas hands over Israeli as latest hostage release begins
Additional exchange brokered to resolve stand-off over how remaining captives would be freedFinancial Times - 6m -
Hamas hands over Israeli as latest hostage release begins
Additional exchange brokered to resolve stand-off over how remaining captives would be freedFinancial Times - 6m -
Washington DC: 19 bodies reportedly recovered after plane and military helicopter crash; US figure skating says athletes were on flight – live
Passenger jet with 64 onboard collides midair with military Black Hawk helicopter near Ronald Reagan Washington national airport. American Airlines jet crashes after midair collision Crash ...The Guardian - 10m -
Sri Lanka v Australia: first men’s cricket Test, day two – live
Updates from the second day of the first Test in Galle Play start time is 9.45am local/3.15pm AEDT Any thoughts? Email Angus 84th over: Australia 334-2 (Khawaja 149, Smith 106) Peiris to ...The Guardian - 12m -
Israel-Gaza war live: First of three Israeli soldiers held hostage by Hamas received by Red Cross
Israel will reportedly free 110 Palestinian prisoners in exchange; Unrwa likely to close in face of Israeli ban. At a gathering in Tel Aviv , people cheered, clapped and whistled as they saw ...The Guardian - 13m