Elon Musk Offloads Nearly $4 Billion In Tesla Stock As Shares Continue To Tank John Hugh DeMastri on November 8, 2022 Tech mogul Elon Musk sold 19.5 million shares in …
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- Department of Justice Press Releases
U.S. Attorney Announces Historic $3.36 Billion Cryptocurrency Seizure And Conviction In Connection With Silk Road Dark Web Fraud
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, and Tyler Hatcher, the Special Agent in Charge of the Internal Revenue Service, Criminal Investigation, Los Angeles …
- Department of Justice Press Releases
U.S. Attorney Announces Historic $3.36 Billion Cryptocurrency Seizure And Conviction In Connection With Silk Road Dark Web Fraud
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, and Tyler Hatcher, the Special Agent in Charge of the Internal Revenue Service, Criminal Investigation, Los Angeles …
- US and World News
China Aviation Supplies to buy 140 Airbus jets worth about $17 billion
by Reutersby ReutersBEIJING (Reuters) – China Aviation Supplies Holding has signed an agreement to buy 140 Airbus planes worth about $17 billion, it said on Friday. The purchase agreement includes 132 of …
- US and World News
Italy plans at least 15 billion euro package to tame energy costs in 2023 budget -sources
by Reutersby ReutersBy Giuseppe Fonte ROME (Reuters) – Italy plans to set aside at least 15 billion euros ($14.6 billion) in its 2023 budget to soften the impact of sky-high energy costs …
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Powerball Jackpot now $1.5 billion, but here are New Jersey’s million dollar winners
There were no jackpot-winning tickets sold in Wednesday’s billion-dollar Powerball drawing, but three lucky New Jersey residents are now millionaires. The winning numbers for the Wednesday, November 2, drawing were: 02, 11, 22, 35 and …
- US and World News
NYSE-parent ICE beats profit estimates, takes $1.1 billion writedown
by Reutersby ReutersBy Manya Saini (Reuters) -Intercontinental Exchange topped market estimates for third-quarter profit on Thursday on the back of robust trading volumes and demand for investment products, sending shares of the …
- US and World News
Exclusive-Shell’s flagship LNG trading made nearly $1 billion loss in Q3 -sources
by Reutersby ReutersBy Ron Bousso, Marwa Rashad and Dmitry Zhdannikov LONDON (Reuters) – Shell’s liquefied natural gas (LNG) trading division recorded a loss of nearly $1 billion in the third quarter of …
- US and World News
U.S. DOJ preparing to probe Adobe’s $20 billion Figma deal – Politico
by Reutersby Reuters(Reuters) – The U.S. Department of Justice is preparing to open an investigation into Adobe Inc’s $20 billion takeover of Figma, Politico reported on Wednesday, citing four people with knowledge …
- US and World News
Afreximbank plans $1.5 billion economic package for Botswana
by Reutersby ReutersGABORONE (Reuters) – The African Import and Export Bank (Afreximbank) plans a $1.5 billion economic package for Botswana to support key economic sectors such as mining, manufacturing, transport and agriculture, …
- US and World News
Insurers stare at up to $60 billion hit from Hurricane Ian, AIG chief Zaffino says
by Reutersby Reuters(Reuters) – Insurers face potential losses of up to $60 billion from Hurricane Ian, American International Group Inc chief Peter Zaffino said on Wednesday, in what could be the second …
- US and World News
Brazil’s Lula may seek more than $39 billion in extra 2023 spending, says aide
by Reutersby ReutersBy Bernardo Caram BRASILIA (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva will negotiate in the coming weeks an increase in 2023 government spending that could exceed 200 billion …
- US and World News
Two Turquoise Hill investors to withhold votes on Rio Tinto’s $3.3 billion bid
by Reutersby Reuters(Reuters) -Rio Tinto on Wednesday said two key investors in Turquoise Hill Resources agreed to withhold their votes at a meeting to decide on the global miner’s $3.3 billion offer …
- US and World News
Turquoise Hill delays shareholder meet on $3.3 billion Rio Tinto buyout
by Reutersby Reuters(Reuters) – Canadian miner Turquoise Hill Resources Ltd said on Tuesday it would delay by a week to Nov. 8 a special shareholder meeting to vote on a proposed takeover …
- US and World News
China Evergrande unit gets notice for $4.48 billion loan from Shengjing Bank
by Reutersby Reuters(Reuters) – Debt-laden property developer China Evergrande Group said on Tuesday its unit received a notice of enforcement for unrecoverable funds from Shengjing Bank Co Ltd. The bank said it …
- US and World News
BP sees $2.5 billion UK tax bill this year including windfall levy
by Reutersby ReutersLONDON (Reuters) -BP expects to pay around $2.5 billion in taxes for its British North Sea business this year, including $800 million in a windfall tax, a spokesperson said on …
- US and World News
Exclusive-Greece to borrow up to 8 billion euros from bond markets in 2023
by Reutersby ReutersBy Lefteris Papadimas ATHENS (Reuters) – Greece plans to raise up to 8 billion euros ($7.91 billion) from debt markets in 2023 by issuing new short- and long-term issues, two …
- US and World News
Musk’s lenders prepare to hold $12.7 billion Twitter debt on books until early 2023 – FT
by Reutersby Reuters(Reuters) – Banks that lent $12.7 billion to Elon Musk for his $44 billion Twitter takeover will hold the debt until early next year as they wait for the billionaire …
- US and World News
U.S. Powerball jackpot hits $1 billion ahead of Halloween night drawing
by Reutersby ReutersBy Rich McKay ATLANTA (Reuters) -Americans lined up at newstands and gas stations around the country on Monday to buy Powerball lottery tickets, dreaming of defying astronomically long odds to …
- US and World News
U.S. charges former Montenegro boxer over 22-ton, $1 billion cocaine seizure
by Reutersby ReutersBy Jonathan Stempel NEW YORK (Reuters) -A former heavyweight boxer from Montenegro was charged by the U.S. Department of Justice on Monday with trafficking in 22 tons of cocaine worth …
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By Alden Bentley NEW YORK (Reuters) – The U.S. Treasury said on Monday it expects to issue $550 billion in debt in the fourth quarter, up $150 billion from an …
- US and World News
JPMorgan expects banks to repay 500-700 billion euros of ECB TLTRO loans in Nov
by Reutersby ReutersLONDON (Reuters) – Analysts at investment bank JPMorgan have estimated that banks will repay between 500 and 700 billion euros ($494-$692 billion)of the European Central Bank’s ultra cheap funding next …
- US and World News
Jazeera Airways plans to get around $2 billion from banks for Airbus deal
by Reutersby ReutersKUWAIT (Reuters) – Jazeera Airways is planning to get around $2 billion from commercial banks to fund 70% of a deal it has with Airbus for 28 A320neo airliners, the …
- US and World News
India’s April-Sept fiscal deficit touches $74.91 billion, tax receipts rise
by Reutersby ReutersNEW DELHI (Reuters) – India’s federal fiscal deficit in the first half of the financial year through September rose to 6.20 trillion rupees ($74.91 billion) from 5.27 trillion a year …
- US and World News
COSCO Shipping says to buy $2.7 billion port assets from parent, in $2.9 billion ship building deal
by Reutersby Reuters(Reuters) – COSCO Shipping Holdings Co Ltd said on Monday it has agreed to buy port assets from its parent for an aggregate 19.7 billion yuan ($2.7 billion) as it …