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Tag:

Billion

  • US and World News

    Indonesia’s forex reserves drop to $130.8 billion at end-September

    by Reuters October 6, 2022
    by Reuters October 6, 2022

    JAKARTA (Reuters) – Indonesia’s foreign exchange reserves fell by $1.4 bln last month to $130.8 bln due to payments of foreign debt and the central bank’s effort to stabilise the …

  • US and World News

    Moody’s says Credit Suisse could suffer $3 billion loss in 2022

    by Reuters October 6, 2022
    by Reuters October 6, 2022

    By Saeed Azhar NEW YORK (Reuters) – Rating agency Moody’s Investors Service expects losses for Credit Suisse to swell to $3 billion by year-end, potentially bringing its core capital below …

  • US and World News

    Volkswagen plans over 1 billion euro investment in software JV in China – sources

    by Reuters October 6, 2022
    by Reuters October 6, 2022

    BERLIN (Reuters) – Volkswagen is planning a significant investment in a joint venture in China for software production, sources with knowledge of the matter said on Thursday. An official announcement …

  • US and World News

    Australia’s Magellan says $1 billion outflow due to client liquidity issue

    by Reuters October 6, 2022
    by Reuters October 6, 2022

    SYDNEY (Reuters) – Australian fund manager Magellan Financial Group said a big client had redeemed about $1 billion in September to satisfy liquidity requirements as markets reeled late in the …

  • US and World News

    China finance ministry to issue an extra 5.5 billion yuan of treasury bonds in Hong Kong

    by Reuters October 5, 2022
    by Reuters October 5, 2022

    HONG KONG (Reuters) – China’s finance ministry said on Thursday that it will issue an additional 5.5 billion yuan ($773.18 million) worth of yuan-denominated sovereign bonds in Hong Kong on …

  • US and World News

    Saudi Arabia’s PIF expected to raise $2.5-2.75 billion with debut bonds

    by Reuters October 5, 2022
    by Reuters October 5, 2022

    DUBAI (Reuters) – Saudi Arabia’s Public Investment Fund is expected to raise between $2.5 billion and $2.75 billion in its debut bond sale that will make it the first sovereign …

  • US and World News

    UK investors pull record $2.7 billion from equity funds in September

    by Reuters October 5, 2022
    by Reuters October 5, 2022

    By Elizabeth Howcroft LONDON (Reuters) – UK-based investors pulled a record 2.4 billion pounds ($2.74 billion) from equity funds in September, funds network Calastone said on Wednesday. The net outflows …

  • US and World News

    Blackstone in talks to buy Emerson’s assets for up to $10 billion – Bloomberg News

    by Reuters October 4, 2022
    by Reuters October 4, 2022

    (Reuters) – Emerson Electric Co is in talks with U.S. buyout firm Blackstone Inc to sell a part of its commercial and residential solution business assets, Bloomberg News reported on …

  • US and World News

    Sembcorp secures $3 billion shipbuilding contract from Brazil’s Petrobras

    by Reuters October 4, 2022
    by Reuters October 4, 2022

    (Reuters) -Singapore’s Sembcorp Marine said on Wednesday its unit secured a $3.1 billion contract to build a vessel from Brazilian oil and gas producer Petroleo Brasileiro SA Petrobras. The P-82 …

  • US and World News

    Private firms, foundations to deposit $1 billion at minority, community lenders-Treasury

    by Reuters October 4, 2022
    by Reuters October 4, 2022

    By David Lawder WASHINGTON (Reuters) – The U.S. Treasury will announce on Tuesday that a coalition of private firms and foundations will deposit $1 billion into minority-owned and community development …

  • US and World News

    Turkish trade deficit surges to $10.38 billion in September

    by Reuters October 4, 2022
    by Reuters October 4, 2022

    ISTANBUL (Reuters) – Turkey’s trade deficit leapt 298% year-on-year in September to $10.384 billion, the Trade Ministry said on Tuesday, as surging energy import costs continue to widen the shortfall. …

  • US and World News

    Swiss central bank steps up policy tightening as sight deposits drop $78 billion

    by Reuters October 3, 2022
    by Reuters October 3, 2022

    By John Revill ZURICH (Reuters) – Overnight deposits held by the Swiss National Bank plunged by 77.5 billion Swiss francs ($78.32 billion) last week, their biggest ever weekly fall, the …

  • US and World News

    Gazprom shareholders approve record $21 billion dividend payout

    by Reuters September 30, 2022
    by Reuters September 30, 2022

    MOSCOW (Reuters) -Gazprom shareholders backed Russia’s biggest ever dividend payout totalling 1.208 trillion roubles ($21 billion) at an extraordinary general meeting (EGM) of the state-controlled gas giant on Friday. Shareholders …

  • US and World News

    U.S. student loan relief to cost $30 billion a year over next decade, government says

    by Reuters September 29, 2022
    by Reuters September 29, 2022

    WASHINGTON (Reuters) – The U.S. Education Department said on Thursday it estimates that the one-time student debt relief plan given by President Joe Biden in August will cost an average …

  • US and World News

    Saudi wealth fund’s Savvy Games Group to invest $37.8 billion

    by Reuters September 29, 2022
    by Reuters September 29, 2022

    (Reuters) -Saudi Arabia’s Savvy Games Group, owned by sovereign wealth fund PIF, will invest 142 billion riyals ($37.8 billion) in initiatives aimed at making the kingdom a global hub for …

  • US and World News

    Spain aims to increase revenue by 3.14 billion euros with new tax plans

    by Reuters September 29, 2022
    by Reuters September 29, 2022

    By Belén Carreño MADRID (Reuters) -Spain’s government hopes to increase its tax take by 3.14 billion euros ($3 billion) next year with a series of measures including a temporary wealth …

  • US and World News

    Bank of England buys 1.415 billion pounds of long-dated gilts

    by Reuters September 29, 2022
    by Reuters September 29, 2022

    LONDON (Reuters) – The Bank of England bought 1.415 billion pounds ($1.55 billion)of British government bonds with maturities of more than 20 years on Thursday, the second day of a …

  • US and World News

    Indonesian sovereign wealth fund draws $20 billion in co-investments

    by Reuters September 29, 2022
    by Reuters September 29, 2022

    By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Indonesia’s sovereign wealth fund has garnered more than $20 billion of co-investments from funds including Singapore’s GIC and Abu Dhabi Investment …

  • US and World News

    China offers loans of $42 billion for infrastructure spending

    by Reuters September 28, 2022
    by Reuters September 28, 2022

    BEIJING (Reuters) – China has distributed an additional 300 billion yuan ($42 billion) allocated for infrastructure projects through three state policy banks as of Wednesday, the official Securities Times reported …

  • US and World News

    US unveils $1.1 billion Ukraine arms package

    by Reuters September 28, 2022
    by Reuters September 28, 2022

    By Mike Stone WASHINGTON (Reuters) – The United States unveiled a $1.1 billion arms package for Ukraine’s battle with Russia that includes 18 High Mobility Artillery Rocket System (HIMARS) launcher …

  • US and World News

    Taiwan spent $8.25 billion to hold back currency depreciation in H1

    by Reuters September 28, 2022
    by Reuters September 28, 2022

    TAIPEI (Reuters) – Taiwan’s central bank said on Wednesday that in the first half of this year it sold a net $8.25 billion to intervene in the foreign exchange market …

  • US and World News

    Norway to hike taxes by $3 billion on power firms, fish farms

    by Reuters September 28, 2022
    by Reuters September 28, 2022

    OSLO (Reuters) – Norway’s centre-left government said on Wednesday it plans to increase taxes on electricity producers and fish farmers to raise an extra 33 billion crowns ($3 billion) a …

  • US and World News

    ADB plans $14 billion program to ease food crisis in region

    by Reuters September 27, 2022
    by Reuters September 27, 2022

    MANILA (Reuters) – The Asian Development Bank plans to provide at least $14 billion over 2022-2025 in a comprehensive program of support to ease a food crisis in Asia and …

  • Conservative TimesFeatured NewsPoliticsUS and World News

    IRS Sent Out Over $1 Billion In Child Tax Credit Payments To The Wrong People

    by The Daily Caller September 27, 2022
    by The Daily Caller September 27, 2022

      IRS Sent Out Over $1 Billion In Child Tax Credit Payments To The Wrong People Arjun Singh on September 27, 2022 The Internal Revenue Service (IRS) sent over $1.1 …

  • Conservative TimesPoliticsUS and World News

    Congress Stuffs $12 Billion In Ukraine Aid Into Government Funding Bill: REPORT

    by The Daily Caller September 27, 2022
    by The Daily Caller September 27, 2022

      Congress Stuffs $12 Billion In Ukraine Aid Into Government Funding Bill: REPORT Micaela Burrow on September 26, 2022 Congress has complied with the Biden administration’s request to include $12 …

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