HONG KONG (Reuters) – Hong Kong’s New World Development and Chinese state-backed China Resources Land said they will jointly build a $1.3 billion housing project …
BANGKOK (Reuters) – Major Japanese auto manufacturers will invest 150 billion baht ($4.34 billion) in Thailand over the next five years, a Thai government spokesperson …
SHANGHAI (Reuters) – China’s top planning body said on Saturday it had identified a second batch of public investment projects, including flood control and disaster …
TOKYO (Reuters) – Toshiba Corp sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand, its chief …
By Abigail Summerville (Reuters) – The private equity owner of Tropical Smoothie Cafe is preparing to put the U.S. restaurant chain up for sale for …
SEOUL (Reuters) – South Korea’s commercial banks will provide 2 trillion won ($1.53 billion) to support small businesses, the organisation representing the lenders said on …
BUENOS AIRES (Reuters) – Argentina’s government placed 2.96 trillion pesos ($3.7 billion) at a debt auction on Wednesday, according to an economy ministry statement, coming …
BRASILIA (Reuters) – A Brazilian Supreme Court justice suspended a 10.3 billion real ($2.10 billion) fine on J&F, the firm that controls the world’s largest …
(Reuters) – The Federal Deposit Insurance Corporation, as the receiver of the failed Signature Bank, said on Wednesday it has sold a 20% equity stake …
MANILA (Reuters) – Philippines President Ferdinand Marcos Jr has signed into law next year’s record 5.768 trillion pesos ($103.36 billion) budget, which he said details …
By Melanie Burton MELBOURNE (Reuters) -Chile’s SQM has teamed up with Australia’s richest person, Gina Rinehart, to make a sweetened A$1.7 billion ($1.14 billion) bid …
SYDNEY (Reuters) – Australia’s Allkem investors have approved Livent Corp $10.6 bln merger on proxy votes at a shareholder meeting in Perth on Tuesday. (Reporting …
(Reuters) – Door maker Masonite International said on Monday it will acquire PGT Innovations, a manufacturer and supplier of windows and doors, for $3 billion …
(Reuters) – Nippon Steel said on Monday it would buy U.S. Steel in a deal worth $14.9 billion including debt, months after the steelmaker put …
MOSCOW (Reuters) – Turkey and Turkish companies have saved around $2 billion on energy bills in 2023 by raising imports of discounted Russian oil and …
SHANGHAI (Reuters) -Electric vehicle maker Nio has signed a pact for an investment of $2.2 billion from CYVN Holdings, an investment vehicle based in Abu …
(Reuters) – Global investment firm KKR said on Friday funds managed by its credit business has purchased a $7.2 billion portfolio of super-prime recreational vehicle …
By Alexandra Valencia QUITO (Reuters) – Ecuador’s new government will cut $1 billion in spending to deal with “brutal inefficiency” before potentially seeking loans from …
JAKARTA (Reuters) – Indonesia’s trade surplus is likely to narrow in November as exports are seen posting another contraction, while imports are expected to witness …
Blue State Gov Unveils Near Billion Dollar Plan To Steer Tax Dollars To Green Energy Industry Robert Schmad on December 13, 2023 Washington’s Democratic governor …
Senate Passes $886 Billion Defense Bill Micaela Burrow on December 13, 2023 The Senate approved an $886 billion defense bill for fiscal year 2024 by …
By Scott Murdoch and Lewis Jackson SYDNEY (Reuters) – Australia’s Woodside Energy and rival Santos are unlikely to announce any agreement on a proposed A$80 …
By Jan Strupczewski BRUSSELS (Reuters) – European Union leaders are likely to reach a deal on 50 billion euros ($54 billion) for Ukraine this week …
BRUSSELS (Reuters) – NATO said on Wednesday that it was increasing its military budget for 2024 by 12% to 2.03 billion euros and its civil …
By Andrea Shalal WASHINGTON (Reuters) – Developing countries spent nearly half a trillion dollars to service their external public and publicly guaranteed debt in 2022, …
HONG KONG (Reuters) – China’s GAC Group signed agreement on Wednesday with partners to set up an investment fund which aims to strengthen its business …
NEW YORK (Reuters) – Emerging markets debt and stock portfolios drew in $43.4 billion from foreign investors in November, the largest net amount since January, …
(Reuters) -Elon Musk’s social media platform X’s 2023 ad sales are projected to fall to about $2.5 billion, Bloomberg News reported on Tuesday. Several companies …
By Carolina Mandl (Reuters) -Billionaire Ken Griffin’s Citadel is planning to give back about $7 billion in profits to investors after a year of double-digit …
Gavin Newsom’s California Has Reached A New Milestone — A $68 Billion Budget Deficit Will Kessler on December 7, 2023 California’s budget deficit has nearly …
Gavin Newsom’s California Has Reached A New Milestone— A $68 Billion Budget Deficit Ryan Meilstrup on December 7, 2023 California’s budget deficit has nearly tripled …
(Reuters) – U.S. investment giant Blackstone and data-center firm Digital Realty will create a joint venture that will spend $7 billion on developing data centers, …
By Bhanvi Satija and Khushi Mandowara (Reuters) – AbbVie’s decision to buy Cerevel Therapeutics before key data on the drug developer’s experimental schizophrenia treatment may …
MOSCOW (Reuters) – Russia’s central bank on Thursday said exporters had increased foreign currency sales to $13.9 billion in November from $12.5 billion in October, …
(Reuters) – Mastercard on Tuesday said its board had approved a new share repurchase program, authorizing the company to buy back up to $11 billion …
BOGOTA (Reuters) – Colombia will need to cut spending in 2024 by 23 trillion pesos, some $5.75 billion, to comply with its fiscal rule, a …
(Reuters) – Office rental firm IWG said on Tuesday it will resume regular dividend payouts and set a medium-term core profit target of $1 billion, …
(Reuters) -Canada’s Brookfield Asset Management said on Friday it had raised $28 billion for its largest-ever fund, wagering on infrastructure assets the company believes would …
(Reuters) – Canada’s main oil-producing province Alberta on Thursday forecast an increased surplus of C$5.5 billion ($4.06 billion) for the 2023/24 fiscal year, fuelled by …
By Pablo Mayo Cerqueiro LONDON (Reuters) – Swiss insurer Baloise is in talks to sell around 1 billion euros ($1.1 billion) of life insurance policies …
SAO PAULO (Reuters) – Nestle said on Wednesday it will invest about 6 billion reais ($1.23 billion) in Brazil by the end of 2025 as …
By Nell Mackenzie LONDON (Reuters) – Investors pulled a net $7.6 billion from the hedge fund industry in October, particularly from low performing stock pickers …
By Toby Sterling AMSTERDAM (Reuters) -Prosus NV, a large technology investor, said on Wednesday its core headline earnings increased 118% in the first half of …
MADRID (Reuters) – The Spanish government has approved two loans totalling 3.15 billion euros ($3.46 billion) to a consortium developing fighter jets within the international …
By Victoria Klesty and Terje Solsvik OSLO (Reuters) -Norway’s $1.5 trillion sovereign wealth fund, the world’s largest, should include private equity investments in its portfolio, …
By Tommy Wilkes and Simon Jessop LONDON (Reuters) – Allianz Global Investors and Dutch development bank FMO have agreed one of the largest “blended finance” …
By Harry Robertson LONDON (Reuters) – Investors have poured $40 billion into stocks since Oct. 9, the biggest two-week inflow since February 2022, as equities …
BENGALURU (Reuters) – Tesla is ready to invest up to $2 billion to set up a factory in India if the government cuts import duty on …
TOKYO (Reuters) – Japan passed on Friday an extra budget worth around 13.1 trillion yen ($88 billion) aimed at helping households cope with the rising …
By Lewis Jackson SYDNEY (Reuters) – The long-term value of hotly contested $10.6 billion takeover target Origin Energy has been muddied by a government plan …