ZURICH(Reuters) – The Swiss National Bank posted an annual loss of 132 billion Swiss francs ($142.67 billion) in 2022, it said on Monday, the biggest loss in its 115-year history. …
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Pakistan seeks help with $16 billion flood rebuilding at UN conference
by Reutersby ReutersBy Emma Farge and Gabrielle Tétrault-Farber GENEVA (Reuters) – Pakistan and the United Nations are holding a major conference in Geneva on Monday aimed at marshalling support to rebuild the …
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US Shells Out Another $3 Billion In Military Aid For Ukraine
US Shells Out Another $3 Billion In Military Aid For Ukraine Micaela Burrow on January 6, 2023 The U.S. announced a $3.1 billion security assistance package for Ukraine on Friday, …
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U.S. to unveil over $3 billion in Ukraine aid with new air defense missiles
by Reutersby ReutersBy Mike Stone WASHINGTON (Reuters) – A new U.S. weapons aid package for Ukraine worth more than $3 billion is set to be announced later on Friday and will include …
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Intel’s Mobileye sees $17 billion in assisted-driving product revenues by 2030
by Reutersby Reuters(Reuters) -Intel Corp’s self-driving tech unit Mobileye Global Inc said on Thursday it sees more than $17 billion in revenues for its advanced driver assistance systems (ADAS) products by 2030. …
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UK equity funds saw record $10 billion outflows in 2022-Calastone
by Reutersby ReutersLONDON (Reuters) – Investors sold a record 8.38 billion pounds ($10 billion) worth of UK-focused equity funds last year, shunning Britain as the country braces for the worst recession among …
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Argentina extends maturities of $16.8 billion debt to ease payment crunch
by Reutersby ReutersBUENOS AIRES (Reuters) – Argentina’s economy ministry said Tuesday it managed to extend the maturities of around 3 trillion pesos ($16.8 billion) in debt following a debt swap that saw …
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BRASILIA (Reuters) – Brazil posted a $62.3 billion trade surplus in 2022, official data showed on Monday, a record in the series started in 1989. In December, the trade surplus …
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Turkish 2022 trade deficit leaps 138% to $110.2 billion -ministry
by Reutersby ReutersISTANBUL (Reuters) – The Turkish trade deficit widened 138.4% from the previous year to $110.19 billion in 2022, the Trade Ministry said on Monday, with exports rising 12.9% to $254.2 …
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Indonesia eyes $11 billion in capital market fundraising this year
by Reutersby ReutersJAKARTA (Reuters) – Indonesia is targeting 170 trillion rupiah ($10.92 billion) in capital market fundraising for this year, including from initial public offerings and debt instruments, its financial regulator said …
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Bahamian Regulator Says It Seized $3.5 Billion From FTX To ‘Safeguard’ It
Bahamian Regulator Says It Seized $3.5 Billion From FTX To ‘Safeguard’ It John Hugh DeMastri on December 30, 2022 The Securities Commission of The Bahamas announced late Thursday that it …
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Taiwan to plough $12 billion in excess tax revenue back into economy in 2023
by Reutersby ReutersTAIPEI (Reuters) – Taiwan will plough an extra T$380 billion ($12.43 billion) in tax revenue back into the economy in 2023 to help protect the island from global economic shocks, …
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Pentagon awards $7.8 billion F-35 contract modification to Lockheed Martin
by Reutersby ReutersWASHINGTON (Reuters) -The U.S. Defense Department said on Friday it had awarded a $7.8 billion contract modification for F-35 aircraft to Lockheed Martin Corp. “This modification adds scope to procure …
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Instacart cuts internal valuation to $10 billion- The Information
by Reutersby Reuters(Reuters) – Grocery delivery start-up Instacart has cut its internal valuation to $10 billion, the Information reported on Tuesday, citing two people familiar with the situation. The company, whose new …
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US To Announce $1.8 Billion In Weapons Aid For Ukraine Ahead Of Zelenskyy’s Expected Visit To DC: REPORT
US To Announce $1.8 Billion In Weapons Aid For Ukraine Ahead Of Zelenskyy’s Expected Visit To DC: REPORT Micaela Burrow on December 20, 2022 The Biden administration is set to …
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Hedge fund Citadel expects to return $7 billion in profits to clients – source
by Reutersby ReutersBy Carolina Mandl (Reuters) – Hedge fund Citadel expects to return about $7 billion in profits to its investors in the first week of January after a stellar performance this …
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Aircraft lessor SMBC completes $6.7 billion purchase of rival Goshawk
by Reutersby ReutersDUBLIN (Reuters) – SMBC Aviation Capital has completed its purchase of smaller rival Goshawk Aviation in a deal that creates the world’s second largest aircraft lessor by number of aircraft, …
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Congress’ Massive Spending Bill Sets Aside Another $45 Billion For Ukraine
Congress’ Massive Spending Bill Sets Aside Another $45 Billion For Ukraine Micaela Burrow on December 20, 2022 Congress appropriated an additional $45 billion in emergency assistance to help Ukraine repel …
- Department of Justice Press Releases
Georgia Man Sentenced To 14 Years In Federal Prison For Submitting More Than $2.9 Billion In False Tax Claims To The IRS
by DOJ Pressby DOJ PressOcala, Florida – Senior United States District Judge John Antoon II has sentenced David O. Isagba to 14 years in federal prison for mail fraud and conspiring to defraud the …
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Citgo Petroleum on track for $2.5 billion profit in 2022 – supervisory board
by Reutersby ReutersHOUSTON (Reuters) – Refiner Citgo Petroleum is on track for a $2.5 billion profit this year, which it plans to use for repaying debt and invest in the reliability of …
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IMF executive board approves $3 billion Egypt extended arrangement
by Reutersby ReutersCAIRO (Reuters) -The International Monetary Fund (IMF) executive board has approved a 46-month $3 billion financial support package for Egypt, saying it will catalyse additional funding of about $14 billion, …
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Bank of Montreal raises C$2.6 billion in share sale to boost capital buffer
by Reutersby Reuters(Reuters) – Bank of Montreal said it has raised C$2.6 billion ($1.9 billion) by issuing new shares after Canada’s financial regulator asked lenders to set aside more capital to deal …
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(Reuters) – Advent International has agreed to buy Maxar Technologies Inc in a deal that values the satellite owner and operator at about $4 billion, the Wall Street Journal reported …
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Airbus, Dassault, Indra, Eumet win $3.4 billion fighter jet contract
by Reutersby ReutersPARIS (Reuters) – Airbus, Dassault Aviation, Indra and the Eumet joint venture between Safran and MTU Aero Engines said on Friday they had won a 3.2 billion euros ($3.4 billion) …
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Philippines’ Marcos cheers ‘Christmas gift’ of $95 billion state budget
by Reutersby ReutersMANILA (Reuters) – Philippine President Ferdinand Marcos Jr on Friday signed into law the 2023 budget bill which authorises a record 5.27 trillion pesos ($94.78 billion) spending to support his …