Billion

By Yousef Saba DUBAI – Saudi Arabia has registered a budget surplus of nearly 78 billion riyals ($21 billion) in the second quarter of 2022, the finance ministry said on …

By Rozanna Latiff and A. Ananthalakshmi KUALA LUMPUR – Malaysia is scrambling to protect its assets as the descendants of the last sultan of the remote Philippine region of Sulu …

(Reuters) – Bangladesh is seeking $2 billion from the World Bank and the Asian Development Bank (ADB) amid efforts to bolster its foreign exchange reserves, Bloomberg News reported on Wednesday. …

MUMBAI – India’s trade deficit is likely to remain above $20 billion for an extended period, posing the risk of a wider current account deficit, Barclays said. “While we still …

MEXICO CITY – Subsidies from the Mexican government to combat rising inflation in the country have cost some 575 billion pesos ($28.04 billion) this year, officials said on Tuesday, adding …

‘Survivors Have Been Waiting’: Boy Scouts Decades-Long Litigation Nears End With $2.7 Billion Settlement John Hugh DeMastri on August 1, 2022 A judge approved framework for a $2.7 billion settlement …

A Math Error Cost The Government Nearly $200 Billion On Student Loans. Here’s How John Hugh DeMastri on July 29, 2022 The Department of Education (DOE) overestimated the revenue from …

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Almost one third of around 3 trillion roubles ($49.1 billion) worth …

Democrats Plan To Shell Out Almost $80 Billion To Supersize The IRS Jack McEvoy on July 28, 2022 A new Democratic spending package will expand the U.S. Internal Revenue Service …

(Reuters) – AbbVie Inc’s unit Allergan has reached an agreement to pay over $2 billion to resolve thousands of lawsuits related to the marketing of its opioid painkiller, Bloomberg News …

WASHINGTON – Pledges from wealthier International Monetary Fund members to lend IMF Special Drawing Rights reserves to poorer countries through two IMF trust funds have reached about $58 billion, U.S. …

TRENTON, NJ – Remember the television show Who Wants to be a Millionaire? Well, this week’s it’s Who Wants to be a Billionaire? as the Mega Millions lottery drawing jackpot …

MEXICO CITY – Mexican President Andres Manuel Lopez Obrador said on Tuesday the price tag for one of his flagship infrastructure projects, known as the Mayan Train, could reach up …

by Josh Shapiro, Attorney General, Pennsylvania HARRISBURG–Attorney General Josh Shapiro today announced that he’s reached an agreement in principle on key financial terms with opioid manufacturer Teva for alleged deceptive …

GM’s Profits Take $1 Billion Nosedive Amid Biden-Backed Electric Vehicle Push Jack McEvoy on July 26, 2022 General Motors’ (GM) second-quarter net earnings plummeted 40% from 2021 amid the company’s …

(Reuters) – The Biden administration estimates it may need nearly $7 billion to deal with the monkeypox outbreak in the United States, the Washington Post reported on Tuesday. The funding …

KYIV – Ukraine can save 200 billion hryvnias ($5.45 billion) for priority needs by deferring its external debt repayments, Prime Minister Denys Shmyhal said on Tuesday. Ukraine has launched a …

ROME – Italy is preparing a new stimulus decree worth up to 13 billion euros ($13.3 billion) to help families and firms deal with a surge in electricity, gas and …

FRANKFURT – Uniper will accumulate losses of 6.2 billion euros ($6.3 billion) due to reduced deliveries of Russian gas that have forced the company, which received a bailout on Friday, …

By Josh Ye, Eduardo Baptista and Yingzhi Yang HONG KONG/BEIJING – China’s $1.2 billion fine on Didi Global draws a line under the ride hailing company’s regulatory woes, but the …

KUALA LUMPUR – Malaysia’s state energy firm Petronas is forecast to contribute to government coffers as much as 59 billion ringgit ($13.25 billion) this year, a cabinet minister said in …

BEIJING – China’s largest policy bank said on Friday that it had disbursed 181.5 billion yuan ($27 billion) in loans for urban development projects in the first half of the …

Pentagon Drops Another $30 Billion On F-35 Jets — There’s Just One Problem Micaela Burrow on July 21, 2022 The Pentagon forged a deal with defense contractor Lockheed Martin for …

By Noel Randewich (Reuters) – Facebook-owner Meta Platforms, Google-owner Alphabet and other companies that sell online ads lost about $80 billion in combined stock market value on Thursday after Snap …