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Intervention comes amid growing tension for US AI infrastructure groups doing business with Chinese tech giants

Potential spin-off of drugstore business comes as political pressure mounts on pharmacy benefit managers and health insurers

Anthropic on Monday reported revenue of nearly $17 billion in the period ending September 30, as investors brace for its keenly awaited and potentially record-breaking IPO . The maker of Claude , a family of large language models and an AI chatbot, reported $33.24 billion in revenue for the nine months ending on September 30, according to an amended filing w

The Pension Transitional Arrangement Directorate has paid N13.87bn in outstanding pension arrears to 18,822 retirees under the Defined Benefit Scheme. Read More: https://punchng.com/ptad-pays-n13-87bn-pension-arrears-to-18822-retirees/

The government has approved the use of 6.7 billion baht from the Energy Conservation Fund (Enconfund) to help contain rising fuel prices, according to an energy official familiar with the matter.

Electricity distribution companies in Nigeria collected N1.63tn from customers between January and August 2026 but failed to recover N387.19bn, data from N Read More: https://punchng.com/discos-collect-n1-63tn-in-eight-months-miss-n387bn/

Instacart shoppers will be able to buy from 150,000 stores, compared to the 100,000 currently available on the platform, the firms said.

Deal further consolidates the fiercely competitive US food delivery market

With five days to go before the US midterms, analysts say the war could affect how people vote.

Beyti has invested more than EGP 7bn in Egypt and has an investment plan worth EGP 8.7bn for 2025-2027, the company announced, highlighting its contribution to local manufacturing, employment and sustainable economic development. The company provides around 6,000 direct jobs and 19,000 indirect jobs, exports to more than 45 countries, and sources 67% of its

<p>The US military has spent over $47 billion so far to prosecute the <a href="https://www.dawn.com/news/1976395/iran-says-trumps-remarks-on-islamabad-mou-expose-hollowness-of-us-diplomacy">war in Iran</a>, more than 25 per cent higher than the Defense Department’s estimate in July, according to Pentagon data obtained by <em>Reuters</em>.</p> <p>The Pentagon

Nigeria’s remittance inflows through IMTOs hit a record $1.57bn in Q2 2026, a 33% rise from the same period in 2025, according to CBN data. Read More: https://punchng.com/nigerias-remittance-inflows-hit-record-1-57bn-in-q2/

The US FBI says six of its most-wanted fraudsters have been captured across four continents, with about $17bn seized in a global crackdown on scam networks Read More: https://punchng.com/full-list-fbi-says-six-most-wanted-fraudsters-captured-17bn-seized/

A youth group in Ogun State has endorsed President Bola Tinubu and other APC candidates for 2027, citing the proposed $7bn Gateway Deep Sea Port project. Read More: https://punchng.com/7bn-seaport-deal-ogun-youths-endorse-tinubu-apc-candidates/

The UK has paid £5.7bn in student finance for the first term of the 2026/27 academic year, the Student Loans Company has announced. Read More: https://punchng.com/uk-pays-5-7bn-first-term-student-loans-in-new-academic-year/