Billion

WASHINGTON, DC – The U.S. Justice Department is allocating more than $4.4 billion in grants to state, local, and Tribal agencies for public safety and community justice initiatives. The funding …

(Reuters) – Wells Fargo said on Friday it had sold about $2 billion of its private equity investments as the bank aims to sharpen focus on its core businesses. Lenders …

By Divya Rajagopal TORONTO (Reuters) – Quebec is in talks with battery makers and automobile companies looking to invest about C$15 billion ($11 billion) in the Canadian province over the …

(Reuters) -Hong Kong’s Cathay Pacific Airways said on Friday it had purchased 32 Airbus A321-200neo aircraft from Airbus for a basic price of $4.66 billion. The deal follows an agreement …

By Supantha Mukherjee and Divya Rajagopal STOCKHOLM/TORONTO (Reuters) – Swedish lithium-ion battery producer Northvolt said on Thursday it would open a $5.2 billion gigafactory in Quebec, the largest ever investment …

SINGAPORE (Reuters) – Singapore state investment firm Temasek’s wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its flagship fund that invests in Greater China …

CARACAS (Reuters) – Trade between Colombia and Venezuela could hit between $800 million and $1 billion this year, Colombia’s Trade Minister German Umana said in Caracas on Wednesday. Trade between …

SEOUL (Reuters) – South Korea’s Samsung SDI Co Ltd said on Wednesday it plans to invest 2.7 trillion won ($2.00 billion) to build a second joint electric vehicle (EV) battery …

By Paul Sandle LONDON (Reuters) – Candy Crush Saga, the matching game played by millions on their commute, has reached $20 billion in revenue since its 2012 launch, maker King …

By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) money laundering scandal in the …

By Maiya Keidan TORONTO(Reuters) – A recent C$4.6 billion capital raise by Enbridge and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital …

A look at the day ahead in U.S. and global markets by Mike Dolan A renewed surge in long-term Treasury yields is stifling world markets yet again as Federal Reserve …

SHANGHAI (Reuters) – China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in …

BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from Tesla, Google and Microsoft. “Tesla would be …

JAKARTA (Reuters) – Indonesia’s parliament on Thursday passed President Joko Widodo’s 3,325.1 trillion rupiah ($216.06 billion) budget for 2024, his final year in office, with a fiscal deficit of 2.29% …

By Erwin Seba HOUSTON (Reuters) – Exxon Mobil Corp expects its motor fuels and chemicals earnings to reach $16 billion by 2027, up about $4 billion from current levels as …

By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs’ asset management arm said two funds have closed, raising more than $15 billion for funds that enable investors to make secondary …

(Reuters) – Shares of Instacart were indicated to trade 30% above their initial public offering price in their Nasdaq debut on Tuesday, giving the grocery delivery app a potential valuation …