(Reuters) – Norfolk Southern reported fourth-quarter profit below analysts’ estimates on Friday, hurt by lower revenue across the U.S. railroad operator’s merchandise, intermodal and coal …
BERLIN (Reuters) – The German government is already facing questions about its midterm budget plans, even as this year’s draft moves towards the finish line …
(Reuters) -BHP Group said on Friday it would review a Brazilian Federal Court decision regarding a 155 billion reais ($31.53 billion) government claim over the …
By Pritam Biswas (Reuters) -Cancer drug developer CG Oncology notched up a valuation of $1.75 billion in its market debut on Thursday, after its shares …
(Reuters) – Loyalty program Bilt Rewards said on Wednesday it had more than doubled its valuation to $3.1 billion after its latest funding round led …
By Elizabeth Howcroft and Kirstin Ridley LONDON (Reuters) – Cryptocurrency lender Nexo is seeking $3 billion in damages from Bulgaria over an aborted criminal investigation …
JAKARTA (Reuters) – Indonesia recorded a total of 744 trillion rupiah ($47.34 billion) of foreign direct investment last year, up 13.7% on an annual basis, …
SANTIAGO (Reuters) -Chilean retailer Falabella plans to invest $508 million in 2024, with more than half the sum destined for store openings and remodeling, and …
(Reuters) – FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded …
By Ted Hesson WASHINGTON (Reuters) – The United Nations migration agency aims to raise $7.9 billion this year through a new funding push to bolster …
By David Lawder WASHINGTON (Reuters) – An International Monetary Fund team is currently in Cairo to discuss Egypt’s $3 billion IMF loan and reform program, …
By Marianna Parraga and Gary McWilliams (Reuters) -A U.S. court on Friday approved claims by 17 Venezuela-linked creditors, including ConocoPhillips, Rusoro Mining and Koch Industries, …
(Reuters) – BlackRock’s spot bitcoin exchange-traded fund (ETF) hit $1 billion in assets in the first four days of trading, the first to clinch the …
By Timothy Gardner WASHINGTON (Reuters) – The administration of President Joe Biden has finalized $1.1 billion in credits aimed to help keep open PG&E Corp’s …
By Elizabeth Howcroft LONDON (Reuters) – At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, including addresses identified …
By Yantoultra Ngui and Rozanna Latiff SINGAPORE/KUALA LUMPUR (Reuters) – Global Infrastructure Partners (GIP) is in talks to buy up to a 49% stake in …
(Reuters) – British drugmaker GSK said on Wednesday it had raised 978 million pounds ($1.24 billion) from a discounted stake sale in Haleon, cutting its …
By Scott Murdoch SYDNEY (Reuters) – Wilsons tennis racket maker Amer Sport is planning to price its $1 billion U.S initial public offering (IPO) by …
(Reuters) -Restaurant Brands will take full control of Carrols Restaurant Group in a deal that values the largest Burger King franchise in the U.S at …
(Reuters) – Grocers Kroger and Albertsons said on Monday that they plan close the proposed $24.6 billion merger in the first half of Kroger’s fiscal …
GENEVA (Reuters) – The World Health Organization (WHO) on Monday appealed for $1.5 billion in funding to respond to the health needs of millions of …
By Steven Scheer JERUSALEM (Reuters) – Israel’s cabinet on Monday passed a disputed 2024 state budget with amendments adding 55 billion shekels ($15 billion) of …
BEIJING (Reuters) – China’s 2023 two-way trade with Russia hit $240 billion, setting yet another new record, Chinese customs data showed on Friday, as the …
WASHINGTON (Reuters) – The U.S. federal government posted a December deficit of $129 billion, up $44 billion or 52% from a year earlier as outlays …
By Sri Hari N S (Reuters) -Smith Douglas Homes notched a valuation of $1.21 billion in its market debut on Thursday, after the homebuilder’s shares …
NEW YORK (Reuters) – Foreigners added a net $29 billion into emerging market debt and equity portfolios in December enticed by a view that the …
(Reuters) -Motor fuels distributor Sunoco LP said on Thursday it has agreed to sell 204 convenience stores in West Texas, New Mexico and Oklahoma to …
By Stephen Nellis (Reuters) – Hewlett Packard Enterprise (HPE) Chief Executive Antonio Neri told Reuters he does not foresee any major regulatory risks in China …
By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund’s executive board on Wednesday approved a new $1.2 billion, four-year loan program to support Jordan’s …
By Stephen Nellis SAN FRANCISCO (Reuters) – Aeva Technologies on Tuesday said that it has reached a $1 billion deal with Germany’s Daimler Truck to …
PARIS (Reuters) – Taiwan’s Eva Airways Corp has finalised an order for 33 Airbus aircraft, the French plane maker said on Tuesday, with the airline …
(Reuters) -Activist investor Elliott Investment Management has built a roughly $1 billion stake in Match Group and plans to push the Tinder dating app owner …
MADRID (Reuters) – A Spanish arbitrator who awarded $15 billion to the descendants of a former sultan in a land dispute with Malaysia dating back …
(Reuters) – Bank of America will take a charge of about $1.6 billion in the fourth quarter as it phases out the use of a …
By Praveen Paramasivam CHENNAI (Reuters) -India’s southern state of Tamil Nadu has signed investment pacts worth more than $4.39 billion with firms such as Apple …
By Lucy Raitano LONDON (Reuters) – Investors ploughed $123.1 billion into cash in the seven days to Wednesday, marking the largest such inflow since March …
(Reuters) – U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 billion in October in …
By Carolina Mandl NEW YORK (Reuters) – Investors who bet against U.S. and Canadian stocks had paper losses of $194.9 billion last year following a …
NEW DELHI (Reuters) – The Indian government will likely exceed its fiscal year target for dividends from state-run companies by at least 120 billion rupees …
By Matt Tracy (Reuters) – U.S. corporate borrowers are raising nearly $16 billion in high-grade rated bonds on Wednesday, adding to a $29 billion issuance …
LONDON (Reuters) – Bond exchange-traded funds (ETFs) gathered an annual record of $300 billion of assets under management in 2023, BlackRock said on Wednesday, as …
By Nell Mackenzie LONDON (Reuters) – Hedge fund withdrawals slowed in November as customer interest rose to the highest in 2023, data firm Nasdaq eVestment …
SHANGHAI (Reuters) – BYD, which outsold Tesla in electric car sales globally for the first time in the fourth quarter, will hand out rewards totaling …
(Reuters) -China’s Alibaba Group said on Tuesday it had repurchased a total of 897.9 million of its shares for $9.5 billion during 2023. The shares …
(Reuters) – OpenAI’s annualized revenue recently topped $1.6 billion on strong growth from its ChatGPT product, up from $1.3 billion as of mid-October, the Information …
(Reuters) -UnitedHealth Group said on Friday it had agreed to sell its operations in Brazil to the founder and former CEO of health insurance firm …
TALLAHASSEE, FL — In a momentous announcement today, the Florida Lottery revealed that Saltines Holdings, LLC has claimed the record-breaking $1.6 billion MEGA MILLIONS jackpot. …
FRANKFURT (Reuters) -Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts of around …
(Reuters) – Air Methods, a private equity-owned medical helicopter company, said on Thursday it has emerged from bankruptcy nearly two months after it filed for …
SAN JOSE (Reuters) – Nicaraguan migrants sent relatives back home record remittances this year through November, data from the country’s central bank showed on Wednesday, …