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Tag:

Billion

  • US and World News

    Russia is considering $50 billion hike in taxes on oil, gas in 2023-2025 -Kommersant

    by Reuters September 20, 2022
    by Reuters September 20, 2022

    (Reuters) – Russia is considering raising taxes on the oil and gas sector to the tune of 3 trillion roubles ($50 billion) in 2023-2025 in order to plug the budget …

  • US and World News

    Japan govt will spend $24 billion in budget reserves to cope with price hikes

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    TOKYO (Reuters) – Japan will spend 3.48 trillion yen ($24.31 billion) in budget reserves to cope with ongoing price hikes and respond to COVID-19, the Ministry of Finance said on …

  • US and World News

    Zendesk shareholders vote in favor of $10.2 billion go-private deal

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    (Reuters) – Zendesk Inc shareholders have approved a $10.2 billion planned acquisition of the software maker by a group of private equity firms led by Hellman & Friedman and Permira, …

  • Business NewsFood & Dining

    CMI Will Invest $1.8 Billion in the Next 3 Years

    by Jessica Woods September 19, 2022
    by Jessica Woods September 19, 2022

    The corporation invests in innovation, technology, and job generation to promote economic growth as part of its agreement with the countries in which it operates. Dallas, TX  (PRESS RELEASE)  To …

  • US and World News

    IMF staff back $4 billion tranche for Argentina, praise ‘decisive’ steps

    by Reuters September 19, 2022
    by Reuters September 19, 2022

    BUENOS AIRES (Reuters) – The International Monetary Fund (IMF) has reached a staff-level agreement on Argentina’s $44 billion extended fund facility arrangement, which should unlock nearly $4 billion in funds …

  • Conservative TimesPoliticsUS and World News

    Billionaire Founder Who Donated His Company To ‘Save The Planet’ Could Dodge Over $1 Billion In Taxes

    by The Daily Caller September 17, 2022
    by The Daily Caller September 17, 2022

    Billionaire Founder Who Donated His Company To ‘Save The Planet’ Could Dodge Over $1 Billion In Taxes Jack McEvoy on September 16, 2022 Patagonia’s billionaire founder, Yvon Chouinard, is giving …

  • US and World News

    Ukraine receives $1.5 billion in new financial aid, says PM

    by Reuters September 17, 2022
    by Reuters September 17, 2022

    KYIV (Reuters) – Ukraine’s Prime Minister Denys Shmyhal thanked the United States on Saturday for its support after Ukraine received a further $1.5 billion in international financial assistance. “The state …

  • US and World News

    Auto industry ad spend falls to $4.8 billion in first seven months of 2022 – data

    by Reuters September 16, 2022
    by Reuters September 16, 2022

    (Reuters) – U.S. auto industry ad spend for the first seven months of this year fell 4% year-on-year as inventory shortages crimped sales even as vehicle demand stayed strong, according …

  • US and World News

    Invesco raises $5.4 billion in China investments in first half; flags economic risks

    by Reuters September 16, 2022
    by Reuters September 16, 2022

    (Corrects 10th paragraph to show company plans to increase holding in joint venture, not that it has no such plans) By Selena Li HONG KONG (Reuters) -U.S. asset manager Invesco’s …

  • US and World News

    U.S. BNPL consumer debt set to hit $15 billion by 2025 – study

    by Reuters September 15, 2022
    by Reuters September 15, 2022

    By Manya Saini (Reuters) – U.S. buy-now-pay-later (BNPL) customers’ outstanding debt is estimated to hit $15 billion by 2025, a report by management consultancy firm cg42 said on Thursday. The …

  • US and World News

    Barclays: $7 billion worth of securities sold in error have been claimed

    by Reuters September 15, 2022
    by Reuters September 15, 2022

    LONDON (Reuters) – Barclays said investors have submitted claims for $7 billion out of $17.7 billion worth of securities it sold in error, under the terms of a so-called rescission …

  • US and World News

    U.S. sues to block $4.3 billion lock deal between Assa Abloy and U.S. rival

    by Reuters September 15, 2022
    by Reuters September 15, 2022

    WASHINGTON (Reuters) -The U.S. Justice Department has sued to block a $4.3-billion proposed deal by Assa Abloy AB to buy a division of Spectrum Brands Holdings Inc that makes residential …

  • US and World News

    Curbing power prices will cost Poland over 30 billion zloty-PM

    by Reuters September 15, 2022
    by Reuters September 15, 2022

    WARSAW (Reuters) – Measures aimed at freezing power prices for households and providing support for energy intensive companies will cost Poland over 30 billion zlotys ($6.35 billion), Prime Minister Mateusz …

  • US and World News

    AIG unit Corebridge raises $1.68 billion in year’s largest IPO

    by Reuters September 14, 2022
    by Reuters September 14, 2022

    By Echo Wang NEW YORK (Reuters) -AIG Inc’s life insurance and retirement division Corebridge Financial Inc raised $1.68 billion on Wednesday in the biggest initial public offering (IPO) so far …

  • Financial News

    White House unveils $2 billion biotech spending plan ahead of industry summit

    by Reuters September 14, 2022
    by Reuters September 14, 2022

    By Jarrett Renshaw (Reuters) – The White House released new details on Wednesday on how it plans to invest more than $2 billion in the U.S. biotechnology sector as it …

  • Conservative TimesPoliticsUS and World News

    ‘Careless’: Federal Gov’t May Have Accidentally Sent $1.3 Billion In COVID Relief To People In Foreign Countries, Inspector General Says

    by The Daily Caller September 13, 2022
    by The Daily Caller September 13, 2022

    ‘Careless’: Federal Gov’t May Have Accidentally Sent $1.3 Billion In COVID Relief To People In Foreign Countries, Inspector General Says Gabe Kaminsky on September 13, 2022 The Small Business Administration …

  • Financial News

    Colombia’s congress approves $93.3 billion budget for 2023

    by Reuters September 13, 2022
    by Reuters September 13, 2022

    BOGOTA (Reuters) – Colombia’s congress on Tuesday approved a record budget of 405.6 trillion pesos ($93.3 billion) for next year, including a spending increase meant to fund social programs promised …

  • Financial News

    UK watchdog’s Woodford fund redress may derail Link-Dye & Durham $1.7 billion buyout

    by Reuters September 12, 2022
    by Reuters September 12, 2022

    By Huw Jones LONDON (Reuters) -Link Fund Solutions, which managed the collapsed LF Woodford Equity Income Fund, could be forced to pay up to 306 million pounds ($358 million) in …

  • Financial News

    EU countries can use 225 billion euros of EU loans for energy crisis

    by Reuters September 12, 2022
    by Reuters September 12, 2022

    BRUSSELS (Reuters) – European Union countries can use 225 billion euros ($227.57 billion) in untapped loans from the EU’s recovery fund to address energy problems and other challenges resulting from …

  • Financial News

    Micron breaks ground on $15 billion U.S. chip plant, says more to come soon

    by Reuters September 12, 2022
    by Reuters September 12, 2022

    By Jane Lanhee Lee (Reuters) – Micron Technology Inc, the biggest U.S. memory chip company, on Monday will break ground for a $15 billion factory in Boise, Idaho, and its …

  • Financial News

    UAE H1 tourism revenues top $5 billion – vice president

    by Reuters September 11, 2022
    by Reuters September 11, 2022

    (Reuters) – The United Arab Emirates’ tourism revenues were 19 billion dirhams ($5.17 billion) in the first half of 2022, its vice president said on Sunday in a tweet. Numbers …

  • Top HeadlinesTrending NewsUS and World News

    EU ministers back $5 billion loan to Ukraine, discuss long-term options

    by Reuters September 9, 2022
    by Reuters September 9, 2022

    By Jason Hovet and Jan Strupczewski PRAGUE (Reuters) -European Union finance ministers on Friday backed a 5 billion euro ($5 billion) loan for Ukraine to help keep its schools, hospitals …

  • Financial News

    Rockefeller Capital aims to double assets to $200 billion in 3-5 years

    by Reuters September 9, 2022
    by Reuters September 9, 2022

    By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) – Rockefeller Capital Management is aiming to double its assets under management to about $200 billion in three to five years …

  • Financial News

    Exclusive-China EV maker Leapmotor puts off $1.5 billion Hong Kong IPO -sources

    by Reuters September 9, 2022
    by Reuters September 9, 2022

    By Scott Murdoch and Julie Zhu HONG KONG (Reuters) -Chinese electric vehicle maker Zhejiang Leapmotor Technology has shelved a plan to raise $1.5 billion through an initial public offering (IPO) …

  • Financial News

    T-Mobile announces $14 billion share buyback

    by Reuters September 8, 2022
    by Reuters September 8, 2022

    (Reuters) – Wireless carrier T-Mobile US Inc on Thursday announced a $14 billion share buyback program that will run till September next year, as it seeks to reward shareholders after …

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