… The court considered Mr Ofori-Atta’s long-standing ties to the United States, including his education, professional career with financial institutions such as Morgan Stanley and Salomon Brothers, and his family connections, including a son who is a US citizen. …
… The court noted that Mr Ofori-Atta had worked with major financial institutions in the US, including Morgan Stanley and Salomon Brothers, and also has a son who is a US citizen. …
… News of the preliminary agreement prompted investment banks, including Goldman Sachs, Morgan Stanley and Citi, to lower their oil price forecasts. …
… Across the rest of the “Big Six” banks – which includes Bank of America, Morgan Stanley, Citigroup, Goldman Sachs and Wells Fargo, as well as JP Morgan – profits all rose substantially in the first quarter of the year. …
… Across the rest of the “Big Six” banks – which includes Bank of America, Morgan Stanley, Citigroup, Goldman Sachs and Wells Fargo, as well as JP Morgan – profits all rose substantially in the first quarter of the year. …
… And in who gets to decide what happens to it.” VICTOR is VP, Cyber Data Risk & Resilience- Morgan Stanley The post Technology & Society: Who owns the fuel powering AI? …
Oil prices slipped more than $2 a barrel on Monday as investors took profits after recent gains, with Brent crude settling down 2.35% to $92.17 and U.S. West Texas Intermediate crude falling 2.35% to $85.01, despite new U.S. sanctions on Iran announced by Treasury Secretary Scott Bessent.
Oil prices slipped more than $2 a barrel on Monday as investors took profits after recent gains, with Brent crude settling down 2.35% to $92.17 and U.S. West Texas Intermediate crude falling 2.35% to $85.01, despite new U.S. sanctions on Iran announced by Treasury Secretary Scott Bessent.
Fast-fashion retailer Shein plans to raise up to HK13.86bn when its shares begin trading on the Hong Kong stock market on 1 September, at a valuation of almost $27bn—significantly lower than its $100bn private valuation in 2022 due to slowed sales growth and higher costs amid US tariff pressures.
Intel announced plans to raise $15 billion through a share sale to fund expansion of its chip contract manufacturing business. Bloomberg reported Intel could increase the offering to about $20 billion priced at $95 per share or higher, with investor demand exceeding $100 billion.
Attorney General Dominic Ayine stated that Ken Ofori-Atta's American citizenship does not shield him from extradition to Ghana if required to face trial, clarifying that Ghana's extradition laws apply regardless of citizenship status and that dual citizenship creates no legal obstacle to extradition.
A consortium led by British-Indian businessman Amit Bhatia has expressed interest in buying a minority stake in Liverpool Football Club. The proposed deal has not yet been finalised with club owners Fenway Sports Group, and would value the club at more than $6bn (£4.5bn).
An immigration judge approved Ken Ofori-Atta's application for adjustment of status in the United States, ruling that his decades-long ties to the country—including education, professional career with major financial institutions, family connections, and ongoing medical treatment—outweighed concerns over criminal allegations filed against him in Ghana.
Brent crude fell 5.1% to $78.96 a barrel and U.S. WTI fell 5.8% to $76.05 on Tuesday, reaching their lowest levels since March, as details emerged of an interim deal to end the Middle East war and reopen the Strait of Hormuz, including an agreement allowing Iran to sell oil.
As the US-Israel war in Iran drives up energy prices and disrupts shipping through the Strait of Hormuz, major oil and gas companies report record profits. BP's first-quarter profits more than doubled to $3.2 billion, Shell reported $6.92 billion in first-quarter profits, and TotalEnergies saw profits jump by almost a third to $5.4 billion, with European firms benefiting from volatile energy prices and trading operations.
Major oil and gas companies including BP, Shell, and TotalEnergies have reported record profits as conflict and Iran's closure of the Strait of Hormuz have driven up energy prices and volatility. BP's profits more than doubled to $3.2bn, Shell reported $6.92bn in first-quarter profits, and TotalEnergies saw profits jump by almost a third to $5.4bn.
As artificial intelligence grows more powerful, questions about who owns the data that powers these systems and who bears responsibility for their use have become urgent. Machine learning fundamentally depends on data exposure to recognize patterns; without data, an AI model cannot function effectively.
Africa's fragmented cross-border payment systems are slow and costly compared to global averages, spurring interest in stablecoins as settlement infrastructure. The strategic question is whether African banks will institutionalize stablecoins within regulated frameworks or whether the infrastructure will continue to develop outside formal banking channels.