(Reuters) -Shopping mall operator Regency Centers Corp said on Thursday it has agreed to buy Urstadt Biddle Properties Inc in an all-stock deal valued at about $1.4 billion, including the …
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Japan eyes annual $22 billion for childcare to tackle birth rate decline -report
by Reutersby ReutersBy Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s government estimates it needs to raise about 3 trillion yen ($22.2 billion) in funds per year for a childcare policy …
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(Reuters) – Charles Schwab Corp is looking to raise $2.5 billion in long-term debt, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The financial services …
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Italy posts largest trade surplus in almost two years as imports drop
by Reutersby Reuters(Reuters) -Italy posted a trade surplus with the rest of the world of 7.5 billion euros ($8.3 billion) in March, the largest in almost two years, as gas imports from …
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Fashion giant Shein raises $2 billion but lowers valuation by a third- WSJ
by Reutersby Reuters(Reuters) – Online fashion giant Shein raised $2 billion in its latest fundraising round that values the company at $66 billion, about a third less than a year earlier, the …
- Business News
HEICO to buy Wencor for $2 billion to boost aircraft generic parts portfolio
by Reutersby ReutersBy Abhijith Ganapavaram and Allison Lampert (Reuters) -Aerospace supplier HEICO Corp said on Monday it will buy Wencor Group in a deal valued at $2.05 billion to boost its portfolio …
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Russia’s defence spending jumped 282% y/y to $26 billion in Jan-Feb -budget data
by Reutersby Reuters(Reuters) – Russia spent 2 trillion roubles ($26 billion) on defence in January and February alone, a 282% jump on the same period a year ago, data on the budget …
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New Jersey GOP leaders sign on to $1.78 billion environmental justice bill
TRENTON, NJ – Legislation approving the updated Fiscal Year 2024 Financial Plan of the New Jersey Infrastructure Bank has been advanced by the Senate Environment and Energy Committee, receiving bipartisan …
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Australia’s InvoCare gets higher $1.3 billion offer from TPG, shares jump
by Reutersby ReutersBy Scott Murdoch and Himanshi Akhand (Reuters) -Australia’s InvoCare Ltd shares jumped nearly 12% on Monday after it revealed a higher A$1.86 billion ($1.26 billion) offer from global private equity …
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By Kannaki Deka (Reuters) – U.S. private equity firm TPG Inc said on Monday it would buy alternative investment firmĀ Angelo Gordon in a deal valued at $2.7 billion as it …
- US and World News
Germany unveils 2.7 billion euro military package to Ukraine, biggest yet
by Reutersby ReutersBERLIN (Reuters) -Germany on Saturday announced 2.7 billion euro ($3.0 billion) of military aid to Ukraine, its biggest such package yet since Russia’s invasion, and pledged further support for Kyiv …
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Ghana’s official creditors pave way for IMF sign-off on $3 billion loan
by Reutersby ReutersBy Christian Akorlie, Jorgelina do Rosario and Rachel Savage ACCRA (Reuters) -Ghana’s official sector creditors have formed a committee co-chaired by China and France for debt restructurings talks, the Paris …
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Indonesia’s April trade surplus seen increasing to $3.38 billion- Reuters poll
by Reutersby ReutersJAKARTA (Reuters) – Indonesia’s April trade surplus was seen increasing from the previous month, with imports softening due to less production activities during the holiday of Ramadan, a Reuters poll …
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IMF staff, Senegal reach agreement on $1.9 billion funding package
by Reutersby Reuters(Reuters) – International Monetary Fund staff have reached agreement with Senegal on financing facilities totalling about $1.9 billion, the Fund said in a statement. The deal is subject to approval …
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Newcrest extends exclusivity period for Newmont’s $20 billion buyout offer
by Reutersby Reuters(Reuters) -Newcrest Mining Ltd said on Friday it has extended the exclusivity period by a week for Newmont Corp to complete its due diligence on its A$29.4 billion ($19.94 billion) …
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Norway government ups spending by $5.3 billion due to inflation, Ukraine aid
by Reutersby ReutersOSLO (Reuters) -Norway’s centre-left government said on Thursday it plans to spend an extra 56 billion Norwegian crowns ($5.3 billion) from its sovereign wealth fund in 2023 to compensate for …
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Australia’s Allkem tops ASX 200 on $10.6 billion merger with Livent
by Reutersby ReutersBy Archishma Iyer (Reuters) – Australian lithium producer Allkem surged more than 14% on Thursday after announcing a $10.6 billion merger with U.S- based Livent to create the third-largest producer …
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Russia’s Jan-April budget deficit hits $44 billion as energy revenues plunge
by Reutersby Reuters(Reuters) – Russia’s federal budget recorded a 3.4 trillion rouble ($43.8 billion) deficit in the first four months of the year, the finance ministry said on Wednesday, as Moscow continued …
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Ireland could amass $156 billion wealth fund with windfall corporate tax
by Reutersby ReutersDUBLIN (Reuters) – Ireland could amass a 142 billion euro ($156 billion) sovereign wealth fund by 2035 and cover much of its future age-related costs if it invests all its …
- Business News
Macquarie expects $1 billion from sale of U.S. port terminal operator Ceres – WSJ
by Reutersby Reuters(Reuters) – Australia’s Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street Journal reported on Tuesday citing …
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Pentagon To Buy $1.2 Billion In Weapons From Defense Contractors For Ukraine Aid
Pentagon To Buy $1.2 Billion In Weapons From Defense Contractors For Ukraine Aid Micaela Burrow on May 9, 2023 The Pentagon announced plans Tuesday to buy $1.2 billion in weapons …
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ISLAMABAD (Reuters) -Pakistan’s finance ministry said on Tuesday arrangements had been made to repay or roll over this fiscal year’s $3.7 billion debt. “This should not be any cause of …
- Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Biden Admin Pushed Out $182 Billion Worth Of Regulations In A Single Week
Biden Admin Pushed Out $182 Billion Worth Of Regulations In A Single Week John Hugh DeMastri on May 8, 2023 The Biden administration last week proposed or finalized regulations totaling …
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US households have $500 billion in excess savings, San Francisco Fed says
by Reutersby Reuters(Reuters) – U.S. households still have some $500 billion in excess savings compared to before the COVID-19 pandemic that could support consumer spending late into this year, according to research …
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Australian govt pledges $10 billion in budget to ease cost of living
by Reutersby ReutersSYDNEY (Reuters) – Australia’s centre-left Labor government said on Monday it would include A$14.6 billion ($9.84 billion) over four years in the federal budget for cost of living relief for …