Billion

NEW JERSEY – Senator Michael Testa recently addressed the withdrawal of Ørsted, a Danish wind energy company, from the Ocean Wind 1 & 2 offshore wind farm projects in New …

NEW YORK (Reuters) -Industrial and Commercial Bank of China’s hack left its U.S. unit temporarily owing Bank of New York Mellon $9 billion as a result of unsettled trades, prompting …

By Jorgelina do Rosario LONDON (Reuters) – The International Monetary Fund has hardened its view on how Argentina is running a $44 billion loan programme that has gone off track …

HONG KONG (Reuters) – China property stocks rallied and Ping An Insurance Group shares slumped to a one-year low on Wednesday after Reuters reported Chinese authorities had asked the firm …

(Reuters) – Shein is hoping for a valuation of as much as $90 billion for an eventual U.S. initial public offering, Bloomberg News reported on Monday, citing people familiar with …

(Reuters) – SpaceX is on track to book revenue of about $9 billion this year across its rocket launch and Starlink businesses with sales projected to rise to around $15 …

(Reuters) -Bain Capital is close to acquiring Guidehouse, a consulting firm that advises government organizations and businesses, in a deal valuing it at $5.3 billion including debt, the Wall Street …

By Suzanne McGee (Reuters) – Global assets invested in exchange-traded funds (ETFs) tied to the spot price of bitcoin now total $4.16 billion, according to CoinGecko, a cryptocurrency data and …

(Reuters) – Starbucks is planning to expand its global store footprint to 55,000 stores by 2030, CEO Laxman Narasimhan said on Thursday. The coffee chain is also targeting cost savings …

(Reuters) – Pension fund AustralianSuper said on Thursday it intended to vote against Brookfield-consortium’s “best and final” takeover offer for Origin Energy Ltd that valued the power producer at A$16.40 …

(Reuters) -Lloyds, Britain’s biggest mortgage lender, is exploring the sale of some assets from its pension provider Scottish Widows worth 6 billion pounds ($7.3 billion), Bloomberg News reported on Wednesday, …

(Reuters) – Walt Disney’s ESPN sports network could secure an enterprise value of $24 billion and attract investment interest from sports leagues, tech firms like Apple and telecom majors including …

By Nell Mackenzie LONDON (Reuters) – The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even as it raked in net profits …

(Reuters) – U.S. chipmaker Broadcom expects its $69 billion buyout of cloud-computing firm VMware to close before the November deadline, the companies said on Monday, amid investor concerns about securing …

MADRID (Reuters) – Spain’s Santander is planning to sell toxic real estate assets with a nominal value of up to 5 billion euros ($5.28 billion), Spanish daily Cinco Dias reported …

Near-Miss for Billion-Dollar Jackpot: Virginia Man Wins $1 Million in Powerball Drawing FALLS CHURCH, VA — Carlos Gutierrez, a small business owner from Centreville, won $1 million in the Powerball …

MILAN (Reuters) – Italy’s biggest bank, Intesa Sanpaolo, on Wednesday said it would increase non-distributable reserves by 2.07 billion euros ($2.19 billion) instead of paying a one-off windfall tax, making …

By Gilles Guillaume PARIS (Reuters) – Renault said on Wednesday it will invest 3 billion euros ($3.2 billion) by 2027 to launch eight new vehicles and boost electric vehicle (EV) …

By David Lawder WASHINGTON (Reuters) – The Biden administration on Wednesday urged big companies to deposit another $2 billion into U.S. community lenders to boost loans to minority and underserved …

(Reuters) – Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, and will list some of its businesses through a …

(Reuters) -Airbus said on Monday it had signed two contracts valued at 1.2 billion euros ($1.27 billion) to provide capability enhancement and in-service support of France’s fleet of A330 MRTTs …

BOSTON (Reuters) – Harvard University’s endowment fund, the world’s largest university endowment, posted a small investment gain that bested several other top U.S. universities’ returns but saw the value of …