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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Crackdown on rogue university operators in England aims to cut loan fraud
Department for Education pledges to improve the regulation of outsourced teachingFinancial Times - 12h -
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 - 2d -
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 - 1d -
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 - 2d -
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 - 3d -
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 - 4d -
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 - 4d -
Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say
The sale will reportedly take place next week.Inc. - 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 - 6d -
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 - 6d -
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 - Jan. 24 -
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 - Jan. 23 -
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 - Jan. 23 -
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 -
Analysis: The risk of outsourcing Africa's ambition
Yahoo News - Jan. 14 -
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 -
Matsuyama sets PGA Tour record with 35-under
Hideki Matsuyama broke the PGA Tour record to par for 72 holes in his win at the Sentry, finishing at 35-under 257.ESPN - Jan. 6 -
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 -
Can margins expand even more?
And consumer creditFinancial Times - Jan. 6 -
Advancetrack expands to Australia, New Zealand
Yahoo News - Jan. 2 -
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
More from The New York Times
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Israel Releases Prisoners After Chaotic Hostage Handover
The release of more than 100 Palestinian prisoners as laid out in the Israel-Hamas cease-fire deal had been in doubt after crowds in southern Gaza surrounded hostages who were being freed.The New York Times - 5h -
After Maha Kumbh Mela Stampede, Concerns of Cover-Up
The late release of casualty figures at the gathering of millions of people was seen as shielding the political fortunes of a local leader with national aspirations.The New York Times - 16h -
Who Is Syria’s New Interim President?
The rebel chief who led the overthrow of the longtime dictator Bashar al-Assad has been declared the head of government for a transitional period.The New York Times - 14h -
Salwan Momika, Man Behind Quran Burning in Sweden, Is Killed
The action by Salwan Momika, an Iraqi immigrant, set off protests across the Muslim world in 2023. He had received death threats, his lawyer said.The New York Times - 10h -
Pause on U.S. Funding Spreads Fear of H.I.V. Spike Across Africa
Patients and health care advocates said the abrupt decision to halt U.S. funding for a lifesaving H.I.V. program led to widespread confusion. The backtracking didn’t help.The New York Times - 15h
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Washington DC plane crash live: flight data and cockpit voice recorders recovered, officials say
National Transportation Safety Board announces recorders are now at a lab for evaluation; operation to recover bodies continues. Full report: cockpit voice and flight data recorders ...The Guardian - 26m -
Rescuers in Japan Try to Reach Driver Trapped in Sinkhole For Days
Emergency workers have been hampered by unstable ground since Tuesday, when a truck and its driver were swallowed north of Tokyo.The New York Times - 1h -
UN chief urges evacuation of 2,500 children from Gaza as doctors warn of ‘imminent risk’ of death
António Guterres issues call after saying he was ‘deeply moved’ by meeting with US doctors who worked in Gaza. See all our Middle East coverage UN secretary-general António Guterres has called ...The Guardian - 1h -
Married Russian Figure-Skating Stars Are Among Victims of Plane Crash Near Washington, D.C.
A Boston skating club confirmed that Yevgeniya Shishkova, 52, and Vadim Naumov, 55, were on the plane that crashed after colliding with a military helicopter.The New York Times - 2h -
Four years after the coup, chaos reigns as Myanmar’s military struggles
A patchwork of armed opposition groups have made major gains over the past year, with the military facing further losses. Explainer: why is Myanmar embroiled in conflict? The streets of ...The Guardian - 2h