WEEK IN BUSINESS: Nvidia’s $13B AI Bet, ByteDance’s $29.6B Loan, Dangote’s Historic IPO Push and the Rate-Hike Shock

  ABE NEWS | Week in Business | Friday, September 4, 2026 Welcome to ABE NEWS Week in Business — our Friday look back at the companies, markets, money and economic developments that defined the week. And this week delivered something remarkable. Nearly everywhere you looked, businesses were confronting the same fundamental question: How much…

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TikTok Owner ByteDance Secures a $29.6 Billion Loan — As China’s AI Spending Race Explodes

  ABE NEWS | September 4, 2026 The artificial-intelligence race has produced enormous chip orders, gigantic data centres and technology companies spending hundreds of billions of dollars on computing infrastructure. Now it is producing something else: enormous amounts of debt. ByteDance, the Chinese technology giant behind TikTok and Douyin, has secured a staggering $29.6 billion…

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