Billion

BEIJING (Reuters) – The announcement of a nearly $1 billion fine by Chinese regulators on Ant Group has drawn a line under the fintech giant’s woes and given hope to …

(Reuters) -Gucci-owner Kering paid 3.5 billion euros ($3.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial Times reported on Monday, citing people familiar with the matter. …

(Reuters) – Buyout house TPG is buying a business unit of software provider Forcepoint for $2.45 billion from Francisco Partners, the Wall Street Journal reported on Sunday citing people familiar …

JERSEY CITY, NJ – The Biden administration has taken a significant step forward in advancing the long-awaited Hudson Tunnel Project, which involves building a new railway tunnel between New York …

By David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department said on Friday that state programs using its COVID-19 Homeowner Assistance Fund distributed $1.2 billion in aid to homeowners in …

By Leah Douglas WASHINGTON (Reuters) -The Biden administration will begin accepting applications for $2.2 billion in financial assistance for farmers who have experienced discrimination at the hands of the U.S. …

BEIJING (Reuters) – China’s central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group. Reuters reported earlier on Friday that the People’s Bank of …

(Reuters) – Goldman Sachs on Thursday said the West may need more than $25 billion in investments to match China’s supply of rare earths, as export curbs by Beijing on …

DUBAI (Reuters) – Foreign direct investment (FDI) flows into the United Arab Emirates rose 10% in 2022 from the previous year to a record $23 billion, the United Nations trade …

(Reuters) – Hydrogen firm ThyssenKrupp Nucera has priced its initial public offering at 20 euros ($21.72) per share, implying a market capitalisation of around 2.5 billion euros, the company said …

JACKSON TOWNSHIP, NJ – Democrat Senator Sam Thompson, who recently switched from the Republican to the Democrat party after being ousted in 2022 voted in favor of a ‘billion dollar …

By Alexander Hübner MUNICH (Reuters) – Up to half of the 100 billion euro ($109 billion) special fund set up to modernize the German military will likely go to U.S. …

By Holger Hansen and Maria Martinez BERLIN (Reuters) -German Finance Minister Christian Lindner is planning 16.6 billion euros ($18.1 billion) of net new debt for the 2024 federal budget, which …

SEOUL (Reuters) – South Korean steelmaking and materials conglomerate POSCO Group, headed by POSCO Holdings, said on Monday it plans to invest 121 trillion won ($93 billion) by 2030 for …

KYIV (Reuters) -Ukraine will receive $1.5 billion from the World Bank to support reconstruction and recovery, Prime Minister Denys Shmyhal said on Friday. The funds will be provided with guarantees …

BEIJING (Reuters) – China’s central bank said on Friday it will increase its relending and rediscount quotas by 200 billion yuan ($27.53 billion) to support the farm sector and small …

By Ariba Shahid (Reuters) -The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by …

TRENTON, NJ – Senator Ed Durr has voiced his staunch opposition to proposed legislation that seeks to redirect funds of up to $1 billion from ratepayers to a foreign company …

By Kylie Madry MEXICO CITY (Reuters) – Mexico may repurchase about $4.2 billion in outstanding bonds issued to finance a partly built Mexico City airport that was later canceled, a …