(Reuters) – Norfolk Southern reported fourth-quarter profit below analysts’ estimates on Friday, hurt by lower revenue across the U.S. railroad operator’s merchandise, intermodal and coal businesses, sending its shares down…
BERLIN (Reuters) – The German government is already facing questions about its midterm budget plans, even as this year’s draft moves towards the finish line in the wake of a…
(Reuters) -BHP Group said on Friday it would review a Brazilian Federal Court decision regarding a 155 billion reais ($31.53 billion) government claim over the 2015 collapse of Fundao dam…
By Pritam Biswas (Reuters) -Cancer drug developer CG Oncology notched up a valuation of $1.75 billion in its market debut on Thursday, after its shares jumped 52.6% at the open,…
(Reuters) – Loyalty program Bilt Rewards said on Wednesday it had more than doubled its valuation to $3.1 billion after its latest funding round led by venture capital firm General…
By Elizabeth Howcroft and Kirstin Ridley LONDON (Reuters) – Cryptocurrency lender Nexo is seeking $3 billion in damages from Bulgaria over an aborted criminal investigation that the company alleges scuppered…
JAKARTA (Reuters) – Indonesia recorded a total of 744 trillion rupiah ($47.34 billion) of foreign direct investment last year, up 13.7% on an annual basis, the investment ministry said on…
SANTIAGO (Reuters) -Chilean retailer Falabella plans to invest $508 million in 2024, with more than half the sum destined for store openings and remodeling, and other expenditures for e-commerce and…
(Reuters) – FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund (ETF) earlier this month,…
By Ted Hesson WASHINGTON (Reuters) – The United Nations migration agency aims to raise $7.9 billion this year through a new funding push to bolster efforts to protect migrants, reduce…
By David Lawder WASHINGTON (Reuters) – An International Monetary Fund team is currently in Cairo to discuss Egypt’s $3 billion IMF loan and reform program, an IMF spokesperson said on…
By Marianna Parraga and Gary McWilliams (Reuters) -A U.S. court on Friday approved claims by 17 Venezuela-linked creditors, including ConocoPhillips, Rusoro Mining and Koch Industries, to get proceeds from a…
(Reuters) – BlackRock’s spot bitcoin exchange-traded fund (ETF) hit $1 billion in assets in the first four days of trading, the first to clinch the milestone among a batch of…
By Timothy Gardner WASHINGTON (Reuters) – The administration of President Joe Biden has finalized $1.1 billion in credits aimed to help keep open PG&E Corp’s Diablo Canyon nuclear power plant…
By Elizabeth Howcroft LONDON (Reuters) – At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, including addresses identified as sanctioned or linked to…
By Yantoultra Ngui and Rozanna Latiff SINGAPORE/KUALA LUMPUR (Reuters) – Global Infrastructure Partners (GIP) is in talks to buy up to a 49% stake in MMC Port Holdings, in a…
(Reuters) – British drugmaker GSK said on Wednesday it had raised 978 million pounds ($1.24 billion) from a discounted stake sale in Haleon, cutting its shareholding to 4.2% in the…
By Scott Murdoch SYDNEY (Reuters) – Wilsons tennis racket maker Amer Sport is planning to price its $1 billion U.S initial public offering (IPO) by the end of January, according…
(Reuters) -Restaurant Brands will take full control of Carrols Restaurant Group in a deal that values the largest Burger King franchise in the U.S at about $1 billion, the company…
(Reuters) – Grocers Kroger and Albertsons said on Monday that they plan close the proposed $24.6 billion merger in the first half of Kroger’s fiscal 2024 instead of early 2024.…
GENEVA (Reuters) – The World Health Organization (WHO) on Monday appealed for $1.5 billion in funding to respond to the health needs of millions of people caught up in dozens…
By Steven Scheer JERUSALEM (Reuters) – Israel’s cabinet on Monday passed a disputed 2024 state budget with amendments adding 55 billion shekels ($15 billion) of spending after over three months…
BEIJING (Reuters) – China’s 2023 two-way trade with Russia hit $240 billion, setting yet another new record, Chinese customs data showed on Friday, as the two countries pushed for closer…
WASHINGTON (Reuters) – The U.S. federal government posted a December deficit of $129 billion, up $44 billion or 52% from a year earlier as outlays rose while receipts fell from…
By Sri Hari N S (Reuters) -Smith Douglas Homes notched a valuation of $1.21 billion in its market debut on Thursday, after the homebuilder’s shares jumped 11.9% on debut, marking…