(Reuters) – UBS Group AG has offered to buy Credit Suisse for up to $1 billion, with the Swiss government planning to change the country’s laws to bypass a shareholder …
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By Matt Tracy WASHINGTON (Reuters) – U.S. private equity firm Deerpath Capital Management raised more than $2.8 billion for its sixth private credit fund that will finance companies with enterprise …
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Taxpayer Advocate Says $80 Billion IRS Funding Boost Does Not Do Enough To Help Taxpayers
Taxpayer Advocate Says $80 Billion IRS Funding Boost Does Not Do Enough To Help Taxpayers Lorenzo Prieto on March 16, 2023 A key office within the Internal Revenue Service (IRS) …
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(Reuters) – First Republic Bank has received $30 billion in deposits from several big banks including JPMorgan Chase & Co, Citigroup Inc and Morgan Stanley, the banks said in a …
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Biden Admin Announces First Half Of $1.5 Billion In Funding For ‘Clean’ Hydrogen
Biden Admin Announces First Half Of $1.5 Billion In Funding For ‘Clean’ Hydrogen John Hugh DeMastri on March 15, 2023 The Biden administration announced $750 million in funding for research, …
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‘All-Out War’: Biden’s Budget Would Balloon ATF Funding To Nearly $2 Billion, Up 50% From Obama Admin
‘All-Out War’: Biden’s Budget Would Balloon ATF Funding To Nearly $2 Billion, Up 50% From Obama Admin Bronson Winslow on March 15, 2023 If President Joe Biden’s budget is approved, the Bureau …
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Canada’s Couche-Tard in talks on $3.3 billion TotalEnergies stores deal
by Reutersby Reuters(Reuters) – Convenience store operator Alimentation Couche-Tard is in exclusive talks to buy some of French energy company TotalEnergies retail assets for 3.1 billion euros ($3.29 billion) in cash, the …
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Visa, MasterCard $5.6 billion settlement with retailers is upheld
by Reutersby ReutersBy Jonathan Stempel (Reuters) – A federal appeals court on Wednesday upheld a $5.6 billion antitrust class-action settlement with more than 12 million retailers that accused Visa Inc and MasterCard …
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Green Groups Are Already Trying To Kill The $8 Billion Oil Project Biden Just Approved
Green Groups Are Already Trying To Kill The $8 Billion Oil Project Biden Just Approved Katelynn Richardson on March 15, 2023 The $8 billion Alaska oil project approved Monday by …
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Miles Guo Charged With Alleged $1 Billion Fraud Scheme
Miles Guo Charged With Alleged $1 Billion Fraud Scheme Philip Lenczycki on March 15, 2023 The Department of Justice (DOJ) arrested exiled Chinese businessman Miles Guo Wednesday for allegedly “orchestrating” …
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Short sellers may pocket $2.3 billion from U.S. bank rout over last three days -S3 Partners
by Reutersby Reuters(Reuters) – Short sellers may have raked in $2.29 billion in profit in the past three sessions, as they took advantage of a selloff in regional bank shares following the …
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China battery giant CATL’s $5 billion Swiss listing delayed amid Beijing regulatory concerns – sources
by Reutersby ReutersBy Scott Murdoch, Julie Zhu and Kane Wu HONG KONG (Reuters) – Chinese battery giant CATL’s plan to raise at least $5 billion in Swiss global depository receipts (GDR) has …
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New York scraps planned $2 billion light-rail train to LaGuardia airport
by Reutersby ReutersBy David Shepardson (Reuters) – New York Governor Kathy Hochul said on Monday the state will scrap a planned light-rail train to connect the city’s LaGuardia Airport after a study …
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Taiwan’s Eva Airways to buy five Boeing 787s in $1.8 billion deal
by Reutersby ReutersHONG KONG (Reuters) – Taiwan’s Eva Airways Corp said on Monday it would purchase five Boeing Co 787 widebody planes worth $1.78 billion at list prices. Eva Airways currently operates …
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(Reuters) – Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as part of its debt prepayment plan, before its deadline of March 31. …
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UK plans 11 billion stg business tax break in budget – Bloomberg News
by Reutersby Reuters(Reuters) – British finance minister Jeremy Hunt will hand businesses a three-year tax break worth 11 billion pounds ($13.23 billion) by replacing the UK’s investment allowance with a temporary measure …
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U.S. deficit grows to $262 billion in February as tax refunds surge
by Reutersby ReutersWASHINGTON (Reuters) – The U.S. government posted a $262 billion budget deficit in February, up 21% from a year earlier, as outlays grew and revenues fell, due largely to higher …
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Brazil’s government to compensate states $5.2 billion for cut in state tax ICMS
by Reutersby ReutersBRASILIA (Reuters) – Brazil’s Finance Minister, Fernando Haddad, announced on Friday that the federal government will provide compensation of 26.9 billion reais ($5.2 billion) to states for their losses due …
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Biden’s Budget Hands Another $1.6 Billion To UN’s Green Climate Fund
Biden’s Budget Hands Another $1.6 Billion To UN’s Green Climate Fund Mary Lou Masters on March 9, 2023 President Joe Biden’s proposed budget would give $1.6 billion to the U.N.’s …
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Argentina swaps $21.7 billion in domestic debt, dimming default risk
by Reutersby ReutersBUENOS AIRES (Reuters) – Argentina has swapped 4.34 trillion pesos ($21.66 billion) in domestic debt, amounting to around 64% of loans due to mature through June and helping to ease …
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Canada’s Purolator to invest C$1 billion to electrify fleet amid green transition
by Reutersby Reuters(Reuters) – Canada-based delivery and logistics firm Purolator Inc, largely owned by Canada Post, said on Thursday it plans to invest about C$1 billion ($727.17 million) to electrify its fleet …
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Companies Must Make Diversity Pledge To Qualify For $6 Billion Biden Initiative
Companies Must Make Diversity Pledge To Qualify For $6 Billion Biden Initiative John Hugh DeMastri on March 8, 2023 The Biden administration’s newly-launched $6.3 billion decarbonization fund will require companies …
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(Reuters) -Spotify Technology SA said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and music playlists on its audio streaming platform, as it …
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Turkey’s current account deficit at $10 billion in January; $43.5 billion in 2023 – Reuters Poll
by Reutersby ReutersISTANBUL (Reuters) – Turkey is expected to record a current account deficit of $10 billion in January on back of gold imports, a Reuters poll showed on Wednesday, while the …
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Indonesia dismisses concerns over $32 billion capital city project, unveils incentives
by Reutersby ReutersBy Stefanno Sulaiman SEPAKU, Indonesia (Reuters) – A top Indonesian official pledged on Wednesday that construction on a new capital city deep within the jungles of Borneo island would not …