PARIS (Reuters) – The amount of money euro zone governments are committing to help consumers and businesses cope with the energy and cost-of-living crisis is quickly approaching 300 billion euros. …
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China state firms takeover Evergrande’s $1.1 billion holding in Shengjing Bank
by Reutersby ReutersHONG KONG (Reuters) – State-owned companies of the Chinese northestern city of Shenyang bought China Evergrande Group’s shareholding in Shengjing Bank in an auction for 7.3 billion yuan ($1.05 billion), …
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China trade surplus with U.S. narrows to $36.77 billion in August
by Reutersby ReutersBEIJING (Reuters) – China’s trade surplus with the United States narrowed to $36.77 billion in August, from $41.5 billion in July, according to Reuters calculations based on customs data on …
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MEXICO CITY (Reuters) – Mexican airline Interjet, which was declared bankrupt by a judge last week, owes around $1.5 billion in back taxes, the head of Mexico’s tax administration service …
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Proxy firm ISS recommends Zendesk shareholders back $10.2 billion go-private deal
by Reutersby Reuters(Reuters) – Software company Zendesk Inc’s shareholders should vote for a planned acquisition by a group of private equity firms, a prominent proxy advisory firm recommended on Tuesday. Institutional Shareholder …
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Russia’s VTB open to swaps as it seeks to reclaim $10 billion in frozen assets
by Reutersby ReutersBy Alexander Marrow VLADIVOSTOK, Russia (Reuters) – Russia’s VTB Bank is interested in an asset swap with Russian subsidiaries of European lenders as it seeks to recover some 600 billion …
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NEW YORK (Reuters) – CVS Health Corp on Monday agreed to buy home healthcare services company Signify Health for about $8 billion in cash, a move that will enable one …
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PARIS (Reuters) – French transport giant CMA CGM is creating a five-year investment fund of 1.5 billion euros ($1.5 billion) aimed at accelerating its energy transition in shipping and logistics, …
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Biden Appoints Dem Operative John Podesta To Hand Out $370 Billion In Climate Funds
Biden Appoints Dem Operative John Podesta To Hand Out $370 Billion In Climate Funds Trevor Schakohl on September 2, 2022 President Joe Biden has appointed former Clinton advisor and Democratic …
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Russian banks lost $25 billion in first half, central bank tells RBC
by Reutersby Reuters(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) (Reuters) – Russia’s banks lost a combined 1.5 trillion roubles ($24.95 billion) in …
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Brazil posts trade surplus of $4.165 billion in August, above expected
by Reutersby Reuters(Reuters) – Brazil posted an above-expected trade surplus of $4.165 billion in August, government data showed on Thursday, recording growth in exports, but with imports again advancing at a higher …
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Russia mulls buying $70 billion in yuan and other ‘friendly’ currencies- Bloomberg
by Reutersby Reuters(Reuters) – Russia is considering a plan to buy as much as $70 billion in yuan and other “friendly” currencies this year to slow the rouble’s surge, Bloomberg News reported …
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Canada’s Alberta forecasts much bigger 2022-23 budget surplus of C$13.2 billion
by Reutersby Reuters(Reuters) – Canadian oil-producing province Alberta expects a budget surplus of C$13.2 billion ($10.1 billion) in the 2022-23 fiscal year, significantly higher than the C$511 million surplus estimated in its …
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Dutch to spend $16 billion to cushion effects of inflation -media
by Reutersby ReutersAMSTERDAM (Reuters) – The Dutch government plans to spend around 16 billion euros ($15.97 billion) next year in an effort to help people pay rocketing bills for energy and food, …
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Biden To Request $1.1 Billion Arms Package For Taiwan Micaela Burrow on August 30, 2022 The Biden administration will request Congress to authorize roughly $1.1 billion weapons sale for Taiwan …
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Colombia government will seek to raise 2023 budget by $2.28 billion, says finance minister
by Reutersby ReutersBOGOTA (Reuters) – Colombia’s leftist government will ask lawmakers to increase the 2023 budget by 10 trillion pesos ($2.28 billion) so it can up spending on social programs, Finance Minister …
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MOSCOW (Reuters) -Russian gas giant Gazprom made a record 2.5 trillion roubles ($41.75 billion) in net profit in the first half of 2022 and its board recommended paying interim dividends …
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Biden Admin Forgives $1.5 Billion In Loans From For-Profit College That Promised Students Jobs
Biden Admin Forgives $1.5 Billion In Loans From For-Profit College That Promised Students Jobs Reagan Reese on August 30, 2022 The Department of Education (DOE) is relieving $1.5 billion in …
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Roper eyes U.S. teacher shortage in $3.7 billion deal for Frontline Education
by Reutersby Reuters(Reuters) -Roper Technologies said on Tuesday it would buy educational software maker Frontline Education in a $3.7 billion deal to bolster its presence in the kindergarten to 12th grade market …
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IMF board approves $18.5 billion flexible credit line for Chile
by Reutersby Reuters(Reuters) – The Executive Board of the International Monetary Fund (IMF)approved a flexible credit line of around $18.5 billion for Chile to “augment buffers and provide insurance against adverse scenarios,” …
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India’s Reliance unveils $9.4 billion plan to boost oil to chemicals
by Reutersby ReutersBy Nidhi Verma and Sudarshan Varadhan NEW DELHI (Reuters) – Reliance Industries Ltd, operator of the world’s biggest refining complex, will invest 750 billion rupees ($9.38 billion) over 5 years …
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Student loan forgiveness plan will cost $24 billion a year White House says
by Reutersby ReutersBy Costas Pitas A U.S. plan announced this week to forgive $10,000 in student loans for millions of debt-saddled former college students will cost roughly $24 billion a year assuming …
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Canada records April-June budget surplus of C$10.2 billion on higher tax revenues
by Reutersby ReutersBy Ismail Shakil OTTAWA, Aug 26 (Reuters) – Canada recorded a C$10.20 billion ($7.89 billion) budget surplus for the first three months of the 2022/23 fiscal year helped by higher …
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Australian police seize record $1.1 billion of crystal meth
by Reutersby ReutersSYDNEY (Reuters) – Australian police said on Friday it had seized some A$1.6 billion ($1.1 billion) worth of crystal meth, also known as ‘ice’, concealed within marble stones in several …
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US To Give $3 Billion To Ukraine On Country’s Independence Day As War Rages
US To Give $3 Billion To Ukraine On Country’s Independence Day As War Rages Micaela Burrow on August 23, 2022 The U.S. will announce a $3 billion aid package for …