HANOI (Reuters) – Vietnam’s central bank bought $4.9 billion from credit institutions in the first four months of this year to shore up its foreign exchange reserves, the investment minister …
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Billion
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- Business News
Exclusive-Bain Capital nearing final close of Asia fund worth $6 billion – sources
by Reutersby ReutersBy Kane Wu HONG KONG (Reuters) – U.S. private equity firm Bain Capital is nearing the final close of its fifth and biggest Asia-focused fund after having raised around $6 …
- Business News
Albemarle agrees $1.5 billion plan to double Australian lithium hydroxide output
by Reutersby ReutersMELBOURNE (Reuters) -Albemarle has agreed to double the capacity at its lithium hydroxide processing operations in Western Australia to 100,000 tonnes by 2026 and spend around $1.5 billion to build …
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(Reuters) -Private-equity firm Apollo Global Management is nearing a deal to buy U.S. aluminum products maker Arconic, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. …
- Business News
Option Care to buy homecare service provider Amedisys in $3.6 billion deal
by Reutersby Reuters(Reuters) -Homecare services provider Option Care Health Inc said on Wednesday it is acquiring Amedisys Inc in an all-stock deal valued at $3.6 billion, including debt. The deal will enable …
- Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Blue City Struggles To Collect More Than $1 Billion In Traffic Tickets As Dangerous Drivers Roam Free
Blue City Struggles To Collect More Than $1 Billion In Traffic Tickets As Dangerous Drivers Roam Free Laurel Duggan on May 3, 2023 Drivers in Washington, D.C. have racked up …
- Business News
Factbox-Short sellers rake in $1.2 billion in profits as US regional bank stocks suffer
by Reutersby Reuters(Reuters) – Short sellers have pocketed $1.2 billion in paper profits betting against U.S. regional lenders in the first two days of May, analytics firm Ortex said, as the third …
- Business News
TSMC, partners plan to invest up to $11 billion in German fabrication plant -Bloomberg News
by Reutersby Reuters(Reuters) -Taiwan Semiconductor Manufacturing Co is in talks with partners to invest as much as 10 billion euros ($11.04 billion) to build a chip fabrication plant in Germany, Bloomberg News …
- Business News
Sri Lanka apparel exports to drop by $1 billion in 2023-trade body
by Reutersby ReutersBy Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s apparel export earnings could slump by $1 billion this year, a top industry expert said on Wednesday, as slowing global demand hits …
- Business News
Singapore’s Keppel to drop conglomerate structure, targets $150 billion AUM by 2030
by Reutersby Reuters(Reuters) -Singapore’s Keppel Corp on Wednesday announced a major corporate restructuring, doing away with its conglomerate form and divide itself into three distinct units, in a bid to simplify and …
- Business News
Czech budget gap at record $9.3 billion in Jan-April on social spending, energy subsidies
by Reutersby ReutersPRAGUE (Reuters) – The Czech Republic’s budget deficit doubled to 200 billion crowns ($9.30 billion) in January-April, a record for the four-month period and reaching two thirds of the full-year …
- Business News
Canada’s regulator seeks information on RBC’s $13.5 billion takeover of HSBC unit
by Reutersby Reuters(Reuters) – Canada’s Competition Bureau on Monday sought information about Royal Bank of Canada’s $13.5 billion takeover of HSBC’s Canada business. The deal is the biggest acquisition for RBC. The …
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(Reuters) – The U.S. Department of Defense said on Friday it has awarded a $7.8 billion contract modification for 126 F-35 multi-role aircraft to weapons manufacturer Lockheed Martin Corp. The …
- New Jersey News
Oroho Calls for Murphy Administration to Dedicate Pandemic Relief Funds to Prevent $1 Billion Payroll Tax Increase
Sen. Steven Oroho called for the Murphy administration to dedicate pandemic relief funds to the Unemployment Insurance Fund to prevent $1 billion of cumulative payroll tax increases on New Jersey …
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(This April 26 story has been corrected to fix revenue description in paragraph 3) By David French and Anirban Sen NEW YORK (Reuters) – The private equity owners of Millennium …
- Business News
Venture capital firm Greycroft raises nearly $1 billion across two funds
by Reutersby Reuters(Reuters) -Venture capital firm Greycroft has raised over $980 million across two funds to invest in early- and growth-stage companies, the venture capital firm said on Wednesday. The latest fundraise …
- Business News
UK draws record 46.4 billion pounds of demand for new inflation-linked bond
by Reutersby ReutersBy David Milliken LONDON (Reuters) – Britain received a record 46.4 billion pounds ($57.9 billion) in demand from investors at the launch of a new inflation-linked government bond which will …
- Business News
First Republic Bank exploring up to $100 billion in asset sales – Bloomberg News
by Reutersby Reuters(Reuters) – Troubled lender First Republic Bank is exploring an asset sale of up to $100 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. A sales …
- Business News
Samsung SDI, GM to build $3 billion joint EV battery plant in US
by Reutersby ReutersSEOUL (Reuters) – Samsung SDI Co Ltd said on Tuesday it will invest $3 billion or more to build a joint venture electric vehicle (EV) plant with General Motors Co …
- Business News
Commercial real estate loans in core Europe face $55 billion funding gap, report says
by Reutersby ReutersBy Chiara Elisei LONDON (Reuters) – Around one in five loans backing commercial real estate (CRE) in Britain, France and Germany that fall due between now and 2025 are likely …
- Business News
Turkey cenbank gross reserves seen down $5 billion last week -bankers
by Reutersby ReutersANKARA (Reuters) – Turkish central bank total gross reserves are expected to have fallen more than $5 billion to about $116 billion last week due to rising foreign currency demand …
- Business News
Evergrande’s $1.2 billion onshore bondholders to vote on offshore restructuring plan on Wed
by Reutersby ReutersHONG KONG (Reuters) – China Evergrande Group’s onshore flagship unit Hengda Real Estate said the holders of an onshore bond worth 8.2 billion yuan ($1.19 billion) will hold a meeting …
- Business News
Recession-wary investors pour $9.1 billion into hedge funds in first quarter
by Reutersby ReutersBy Svea Herbst-Bayliss BOSTON (Reuters) – Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on Friday, after last year’s hefty …
- Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
Biden Will Hand Over Another $1 Billion To UN ‘Green Climate Fund’
Biden Will Hand Over Another $1 Billion To UN ‘Green Climate Fund’ John Hugh DeMastri on April 20, 2023 The White House announced $1 billion in U.S. support for the …
- US and World News
U.S. Treasury’s tax deadline day take totals $129.8 billion -statement
by Reutersby ReutersBy David Lawder WASHINGTON (Reuters) – The U.S. Treasury brought in $129.82 billion in total tax receipts on Tuesday, the annual tax filing deadline, compared with $75.53 billion a day …