BRASILIA (Reuters) – Brazil’s central government reported its first primary budget surplus in nine years, driven by record revenues, but which does not pave the way for continued fiscal improvement, …
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Thailand to begin construction of $9 billion aviation city this year
by Reutersby ReutersBANGKOK (Reuters) – Thailand will begin construction on the 290-billion baht ($8.82 billion) U-Tapao aviation city early this year, a government spokesperson said on Friday. The project will generate 15,600 …
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Malaysia says Luxembourg court sets aside request to enforce $15 billion arbitration award
by Reutersby ReutersKUALA LUMPUR (Reuters) – Malaysia’s law minister on Thursday said a Luxembourg court had set aside an attempt made by the heirs of a former sultanate to enforce a $15 …
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Fraudsters Likely Stole At Least $60 Billion In Pandemic Unemployment Benefits, Gov’t Report Says
Fraudsters Likely Stole At Least $60 Billion In Pandemic Unemployment Benefits, Gov’t Report Says John Hugh DeMastri on January 26, 2023 Over $60 billion of pandemic-related unemployment benefits were likely …
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MANILA (Reuters) – The Philippines posted a trade deficit of $4.6 billion for December, the biggest trade gap in three months, government data showed on Thursday. That brought the full-year …
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Aircraft lessors cool on risky markets after $10 billion Russia blow
by Reutersby ReutersBy Conor Humphries and Padraic Halpin DUBLIN (Reuters) – Aircraft leasing companies, which own most of the world’s passenger jets, face a tricky balance between risks and rewards after losing …
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Koch gets $2.5 billion in dividends from unit that offloaded asbestos liability
by Reutersby ReutersBy Dan Levine and Mike Spector (Reuters) – Industrial conglomerate Koch Industries received nearly $2.5 billion in dividend payments last year from its Georgia-Pacific unit, which had spun off a …
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(Reuters) – JPMorgan Chase & Co has set aside at least $10 billion to back its foray into the world of direct lending, a person with knowledge of the matter …
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‘It Has A Big Impact’: Davos Speaker Calls For ‘A Billion’ People To ‘Stop Eating Meat’
‘It Has A Big Impact’: Davos Speaker Calls For ‘A Billion’ People To ‘Stop Eating Meat’ Harold Hutchison on January 18, 2023 A speaker at the World Economic Forum (WEF) …
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(Reuters) – Blackstone Inc raised a record $25 billion for two funds that dabble in secondaries and co-investments, the asset manager said on Wednesday. Strategic Partners IX raised $22.2 billion, …
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Pentagon Still Can’t Account For Roughly $220 Billion In Equipment, Gov’t Watchdog Says
Pentagon Still Can’t Account For Roughly $220 Billion In Equipment, Gov’t Watchdog Says Micaela Burrow on January 17, 2023 The Department of Defense (DOD) has neglected to address its inability …
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PARIS (Reuters) – New cross-border corporate tax rules could yield about a quarter of a trillion dollars in extra revenue for governments, more than previously expected, the Organisation for Economic …
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China fixed-asset investment approvals almost doubled in 2022 to $218 billion
by Reutersby ReutersBy Joe Cash BEIJING (Reuters) – China’s state planner approved 1.48 trillion yuan ($218.35 billion) worth of fixed asset investment projects in 2022, nearly double the value from the previous …
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Australia to spend $2 billion on 40 U.S. Black Hawk choppers
by Reutersby ReutersBy Lewis Jackson SYDNEY (Reuters) – Australia confirmed on Wednesday it would buy 40 Black Hawk military helicopters from the United States for an estimated A$2.8 billion ($1.96 billion), finalising …
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Russia posts record current account surplus of $227 billion in 2022
by Reutersby Reuters(Reuters) -Russia’s current account surplus hit a record high in 2022, the central bank said on Tuesday, as a fall in imports and robust oil and gas exports kept foreign …
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European borrowers start year with record 170 billion euro debt sale spree
by Reutersby ReutersBy Yoruk Bahceli (Reuters) – European debt sales have had their fastest start to the year on record as governments and financial institutions take advantage of borrowing costs falling from …
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SEOUL (Reuters) – The United Arab Emirates (UAE) has decided to invest $30 billion in South Korea’s industries, South Korea’s presidential office said on Sunday, as the two countries seek …
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Ticket for $1.35 billion Mega Millions jackpot sold in rural Maine town
by Reutersby ReutersBy Lucia Mutikani WASHINGTON (Reuters) – A single winning ticket for a Mega Millions lottery jackpot of at least $1.35 billion, the second largest jackpot in U.S. history, was sold …
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By Elizabeth Howcroft LONDON (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics …
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S. Korea’s Hanwha Qcells to invest $2.5 billion in U.S. solar supply chain
by Reutersby ReutersBy Nichola Groom (Reuters) -South Korean solar energy company Qcells on Wednesday said it would invest $2.5 billion to expand its manufacturing capacity in the United States, creating as many …
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Who wants to be a billionaire? The chances are slim, but the next jackpot for the Megamillions lottery is now worth $1.35 billion before taxes. The winning numbers in the …
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BANGKOK (Reuters) – Thailand’s cabinet on Tuesday approved a budget of 3.35 trillion baht ($100 billion) for the fiscal year 2024. The new budget is 5.18% bigger than the previous …
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(Reuters) – Moderna Inc said on Monday it generated about $18.4 billion in COVID-19 vaccine sales in 2022. (Reporting by Leroy Leo in Bengaluru; Editing by Shinjini Ganguli)
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SANTIAGO (Reuters) – Chile, the world’s top copper producer, saw exports of the red metal reach $4.28 billion in December, down 13.2% from a year earlier, the central bank said …
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LONDON (Reuters) -British telecom group Vodafone said it had agreed the sale of its Hungarian business to local IT company 4iG and the Hungarian state, and would receive a total …