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Tag:

Billion

  • Business News

    World Bank’s private arm launches $2 billion program to help Ukrainian businesses

    by Reuters December 15, 2022
    by Reuters December 15, 2022

    By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s private investment arm on Thursday said it had launched a $2 billion support package for Ukraine to help build the resilience …

  • US and World News

    Exclusive-ChatGPT owner OpenAI projects $1 billion in revenue by 2024 -sources

    by Reuters December 15, 2022
    by Reuters December 15, 2022

    By Jeffrey Dastin, Krystal Hu and Paresh Dave (Reuters) – ChatGPT, the new chatbot that is the talk of Silicon Valley, can spit out haikus, crack jokes in Italian and …

  • Business News

    Aramco and TotalEnergies to build $11 billion Saudi petrochemicals plant

    by Reuters December 15, 2022
    by Reuters December 15, 2022

    PARIS (Reuters) -Saudi Arabian Oil Company (Aramco) and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia, the French energy group said on Thursday. The project …

  • Business News

    Indonesia books bigger-than-expected Nov trade surplus of $5.2 billion

    by Reuters December 15, 2022
    by Reuters December 15, 2022

    JAKARTA (Reuters) – Indonesia posted a larger-than-expected trade surplus last month, as imports unexpectedly contracted on a yearly basis while exports slowed, official data showed on Thursday. November imports were …

  • Business News

    Warner Bros Discovery expects $1 billion more in scrapped content charges

    by Reuters December 14, 2022
    by Reuters December 14, 2022

    (Reuters) – Warner Bros Discovery Inc on Wednesday raised its expectations of costs related to content write-offs by $1 billion and said the charges could now reach up to $3.5 …

  • Business News

    Factbox-Aircraft lessors sue insurers for $8 billion over trapped Russian planes

    by Reuters December 14, 2022
    by Reuters December 14, 2022

    (Reuters) – Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss of hundreds of aircraft stuck in Russia since …

  • Business News

    Italy collects around 2.8 billion euros from 2022 energy windfall tax

    by Reuters December 14, 2022
    by Reuters December 14, 2022

    By Giuseppe Fonte ROME (Reuters) -Italy has so far collected around 2.8 billion euros ($3 billion) from a contested windfall tax on energy companies in force for this year only, …

  • Business News

    EU agrees €20 billion boost for energy funding to quit Russian gas

    by Reuters December 14, 2022
    by Reuters December 14, 2022

    By Kate Abnett BRUSSELS (Reuters) – The European Union will raise an extra 20 billion euros from its carbon market for investments to help end more swiftly the bloc’s reliance …

  • Business News

    Carlyle to miss March 2023 deadline for $22 billion fundraise – FT

    by Reuters December 14, 2022
    by Reuters December 14, 2022

    (Reuters) – U.S. buyout group Carlyle Group is struggling to raise the $22 billion it had targeted as its largest fund, the Financial Times reported on Wednesday. The firm has …

  • Conservative TimesOpinion - EditorialPoliticsTop HeadlinesTrending News

    US Deficit Hits Nearly $250 Billion, Smashing November Record

    by The Daily Caller December 13, 2022
    by The Daily Caller December 13, 2022

    US Deficit Hits Nearly $250 Billion, Smashing November Record John Hugh DeMastri on December 13, 2022 The U.S. federal budget deficit set a record for the month of November, jumping …

  • Business News

    Apple’s Japan investment crosses $100 billion, CEO Cook visits chip epicentre

    by Reuters December 12, 2022
    by Reuters December 12, 2022

    By Kantaro Komiya TOKYO (Reuters) – Apple Inc said on Tuesday it had invested more than $100 billion in its Japanese supply network over the last five years, as its …

  • Business News

    Mercuria closes $3.4 billion loan facility for North America operations

    by Reuters December 12, 2022
    by Reuters December 12, 2022

    (Reuters) – Commodity trading house Mercuria said on Monday that its operating entities in North America had closed a multi-year revolving credit facility of $3.4 billion for their working capital …

  • Business News

    U.S. finalizes $2.5 billion loan to GM, LG battery joint venture

    by Reuters December 12, 2022
    by Reuters December 12, 2022

    By David Shepardson WASHINGTON (Reuters) – The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of General Motors Co and …

  • Business News

    Russian government could provide 225 billion roubles to Rosseti

    by Reuters December 12, 2022
    by Reuters December 12, 2022

    (Reuters) – Russia could provide up to 225 billion roubles ($3.6 billion) in state funds to power company Rosseti to cover a deficit in the firm’s investment programme, Russia’s deputy …

  • Business News

    Turquoise Hill shareholders approve Rio Tinto’s $3.3 billion buyout bid

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    (Reuters) -Shareholders of Canada’s Turquoise Hill on Friday voted in favour of Rio Tinto’s $3.3 billion bid to take it private and gain direct control over a giant Mongolian copper …

  • Business News

    Juul agrees to pay $1.2 billion in youth-vaping settlement – Bloomberg News

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    (Reuters) – Juul Labs Inc has agreed to pay $1.2 billion to resolve about 10,000 lawsuits targeting the e-cigarette maker as a major cause of a U.S. youth-vaping epidemic, Bloomberg …

  • Business News

    Colombia’s Ecopetrol to invest up to $6.2 billion in 2023

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    BOGOTA (Reuters) – Colombia’s majority state-owned oil company Ecopetrol will invest up to around 30 trillion pesos ($6.2 billion) in 2023, it said on Friday, with the main focus on …

  • Business News

    Intesa Sanpaolo says repaid around 5.5 billion euros of ECB loans

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    MILAN (Reuters) – Italy’s Intesa Sanpaolo said on Friday it had repaid around 5.5 billion euros ($5.81 billion) in loans from the European Central Bank (ECB). The early repayment leaves …

  • Business News

    Pakistan’s top court endorses Barrick Gold’s $10 billion mining investment

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s Supreme Court endorsed on Friday a settlement for Barrick Gold to resume mining at the Reko Diq project, one of the world’s largest underdeveloped …

  • Business News

    Saudi’s ACWA Power signs $1.5 billion agreement with Power China – Al-Arabiya

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    LONDON (Reuters) – Saudi Arabian private utility ACWA Power said it has signed a $1.5 billion agreement with Power China, Al-Arabiya television station reported on Friday. (Reporting by Ahmad Ghaddar …

  • Business News

    Saudi’s ACWA Power signs $1.5 billion agreement with Power China – Al-Arabiya

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    LONDON (Reuters) – Saudi Arabian private utility ACWA Power said it has signed a $1.5 billion agreement with Power China, Al-Arabiya television station reported on Friday. (Reporting by Ahmad Ghaddar …

  • Business News

    Japan to increase defence budget by $7.3 billion in fiscal 2023 – sources

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is set to raise defence spending by 1 trillion yen ($7.34 billion) to around 6.5 trillion yen in the next …

  • Business News

    Japan to increase defence budget by $7.3 billion in fiscal 2023 – sources

    by Reuters December 9, 2022
    by Reuters December 9, 2022

    By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) -Japan’s government is set to raise defence spending by 1 trillion yen ($7.34 billion) to around 6.5 trillion yen in the next …

  • Business News

    Pakistan FX reserves held by central bank fall to $6.7 billion

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan’s foreign exchange reserves held by the central bank fell $784 million to $6.7 billion as of Dec. 2, the central bank said in …

  • Business News

    Unilever mulls $3 billion sale of some U.S. ice cream brands – Bloomberg News

    by Reuters December 8, 2022
    by Reuters December 8, 2022

    (Reuters) -British consumer goods giant Unilever is considering the sale of a portfolio of U.S. ice cream brands such as Klondike and Breyers, that could be valued at as much …

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