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Tag:

Billion

  • Financial News

    Ericsson closes $6.2 billion Vonage deal after short delay

    by Reuters July 21, 2022
    by Reuters July 21, 2022

    STOCKHOLM – Ericsson on Thursday closed its $6.2 billion Vonage acquisition, nearly a month after it was delayed due to a pending investigation by a U.S. national security panel. The …

  • Financial News

    Explainer-How will Rogers’ C$20 billion contested bid for Shaw play out

    by Reuters July 21, 2022
    by Reuters July 21, 2022

    By Divya Rajagopal TORONTO – Rogers Communications faces a tough antitrust regulator and a July 31 deadline to close its C$20 billion ($15.5 billion) acquisition of Calgary-based Shaw Communications. With …

  • Financial News

    Belgian raises 1.42 billion euros from 5G mobile licence auction

    by Reuters July 21, 2022
    by Reuters July 21, 2022

    BRUSSELS – Belgium has raised 1.42 billion euros ($1.44 billion) from its auction of new 5G mobile phone licences, with a fourth operator set to enter the consumer market, telecoms …

  • Top HeadlinesUS and World News

    Biden to outline $37 billion funding request for crime prevention

    by Reuters July 21, 2022
    by Reuters July 21, 2022

    WASHINGTON – President Joe Biden will lay out plans on Thursday to ask Congress for $37 billion for crime prevention programs as he seeks to address one of the top …

  • Financial News

    Zara founder Ortega’s real estate assets worth $15.5 billion in 2021

    by Reuters July 21, 2022
    by Reuters July 21, 2022

    MADRID – The family office of Spanish billionaire Amancio Ortega, founder and main shareholder of fashion group Inditex, reported on Thursday its real estate assets’ market value rose by over …

  • Financial News

    China approves projects worth $50 billion after easing environment rules

    by Reuters July 21, 2022
    by Reuters July 21, 2022

    SHANGHAI – China has fast-tracked the approval of construction projects worth more than 380 billion yuan ($56.22 billion) after relaxing its environmental rules last month, but will still show “zero …

  • Financial News

    Reaction to China imposing $1.2 billion fine on Didi Global

    by Reuters July 21, 2022
    by Reuters July 21, 2022

    (Reuters) – China’s cybersecurity regulator fined Didi Global Inc 8.026 billion yuan ($1.2 billion) after a year-long probe found the ride hailing giant had violated laws including ones pertaining to …

  • Financial News

    Blackstone draws over $24 billion commitments for latest real estate fund

    by Reuters July 20, 2022
    by Reuters July 20, 2022

    (Reuters) – Buyout giant Blackstone Inc has secured commitments worth $24.1 billion for its latest real estate fund, according to a regulatory filing on Wednesday. The size of the new …

  • Financial News

    SkyWater unveils plans to build $1.8 billion chip facility in Indiana

    by Reuters July 20, 2022
    by Reuters July 20, 2022

    By Jane Lanhee Lee (Reuters) – U.S. semiconductor manufacturer SkyWater Technology Inc on Wednesday announced plans to invest $1.8 billion for a chip research and production facility in Indiana, in …

  • Financial News

    Exclusive-India central bank prepared to spend $100 billion more defending rupee – source

    by Reuters July 20, 2022
    by Reuters July 20, 2022

    By Swati Bhat and Aftab Ahmed MUMBAI/NEW DELHI -India’s central bank is prepared to sell a sixth of its foreign exchange reserves to defend the rupee against a rapid depreciation …

  • Financial News

    KfW credit line for Uniper could be raised to 8 billion eur – Handelsblatt

    by Reuters July 20, 2022
    by Reuters July 20, 2022

    BERLIN – The credit line facility by Germany’s state-owned KfW bank for gas importer Uniper is planned to be raised to 8 billion euros ($8.2 billion) from 2 billion, Handelsblatt …

  • Financial News

    Latin American development bank approves $1.65 billion in financing for 5 countries

    by Reuters July 19, 2022
    by Reuters July 19, 2022

    PANAMA CITY – The CAF-Development Bank of Latin America said on Tuesday it has approved $1.65 billion in financing for Argentina, Brazil, Paraguay, Peru and Trinidad and Tobago, and the …

  • Financial News

    Importers paid $32 billion in U.S. tariffs on China tech imports-industry report

    by Reuters July 19, 2022
    by Reuters July 19, 2022

    By David Lawder WASHINGTON – Importers of technology products from China paid over $32 billion worth of tariffs imposed by President Donald Trump between mid-2018 to the end of 2021, …

  • Financial News

    Judge sets October trial to decide Musk’s $44 billion deal for Twitter

    by Reuters July 19, 2022
    by Reuters July 19, 2022

    (Reuters) – Twitter Inc’s lawsuit seeking to hold Elon Musk to his $44 billion takeover will go to trial in October, a Delaware judge ruled on Tuesday. (Reporting by Tom …

  • Financial News

    Sonatrach, partners to invest $4 billion to produce 1 billion oil equivalent in Berkine

    by Reuters July 19, 2022
    by Reuters July 19, 2022

    ALGEIRS – Algeria’s Sonatrach and its partners Occidental, TotalEnergies and ENI will invest $4 billion dollars in the perimeter of Berkine to produce 1 billion of oil equivalent barrels, Sonatrach’s …

  • Financial News

    Infratil’s Vodafone NZ to sell mobile tower assets for $1.1 billion

    by Reuters July 17, 2022
    by Reuters July 17, 2022

    (Reuters) – New Zealand’s infrastructure investment company Infratil Ltd said on Monday Vodafone New Zealand would sell its passive mobile tower assets for NZ$1.7 billion ($1.05 billion) to funds managed …

  • Top HeadlinesUS and World News

    India’s COVID vaccinations hit 2 billion, new cases at four-month high

    by Reuters July 17, 2022
    by Reuters July 17, 2022

    NEW DELHI – The Indian government’s COVID-19 vaccinations hit 2 billion on Sunday, with booster doses underway for all adults, as daily infections hit four-month high, official data showed. Prime …

  • Top HeadlinesUS and World News

    Philippines Marcos wants to renegotiate loans on $4.9 billion China-backed rail projects

    by Reuters July 16, 2022
    by Reuters July 16, 2022

    MANILA – Philippine President Ferdinand Marcos Jr ordered the transport ministry to renegotiate loan agreements struck by his predecessor with China for railway projects worth $4.90 billion, an official said …

  • Financial News

    China will agree to $4 billion aid for Sri Lanka ‘at some point’ – Bloomberg News

    by Reuters July 15, 2022
    by Reuters July 15, 2022

    (Corrects to add dropped word ‘Sri Lanka’ to headline) (Reuters) – Sri Lanka is continuing negotiations with China for as much as $4 billion in aid and is confident Beijing …

  • Financial News

    U.S. oil mergers drop to $12 billion as volatility limits deals

    by Reuters July 14, 2022
    by Reuters July 14, 2022

    By Laila Kearney NEW YORK – U.S. oil and gas dealmaking fell to $12 billion last quarter, down from the first quarter and nearly a third of the $34.8 billion …

  • Business News

    Cetera Attracts Record $3.6 Billion in Second Quarter 2022

    by Your News July 14, 2022
    by Your News July 14, 2022

    Business development results spike following key additions to sourcing and engagement team LOS ANGELES, July 13, 2022 — Cetera Financial Group, one of America’s largest networks of financial professionals, announced …

  • Financial News

    U.S. online sales during Amazon’s Prime Day jump to $12 billion- report

    by Reuters July 14, 2022
    by Reuters July 14, 2022

    (Reuters) – U.S. online sales during Amazon.com Inc’s Prime Day shopping event jumped 8.5% from last year to nearly $12 billion, as inflation-hit Americans pounced on discounted essentials and electronics, …

  • Financial News

    Emerging market fund Ashmore shares hit 13-yr low as investors pull out cash

    by Reuters July 14, 2022
    by Reuters July 14, 2022

    LONDON -Shares in emerging markets investment firm Ashmore fell to a 13-year low on Thursday after it reported a much heavier-than-expected $6.6 billion exodus from its funds after a torrid …

  • Featured NewsTop HeadlinesUS and World News

    Mexico Pledges $1.5 Billion To U.S. For Border Security Amid Migrant, Drug Surge

    by The Daily Caller July 13, 2022
    by The Daily Caller July 13, 2022

    Mexico Pledges $1.5 Billion To U.S. For Border Security Amid Migrant, Drug Surge Jennie Taer on July 13, 2022 Mexican President Andres Manuel Lopez Obrador pledged $1.5 billion for U.S. …

  • Financial News

    KKR’s first asset-based finance fund raises $2.1 billion

    by Reuters July 13, 2022
    by Reuters July 13, 2022

    (Reuters) – Global Investment firm KKR & Co Inc on Wednesday closed its first asset-backed finance fund with about $2.1 billion from investors who are increasingly turning to collateral-based cash …

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