Billion

By Carolina Mandl NEW YORK -Bridgewater Associates has placed at least $6.7 billion in bets against European stocks, according to data group Breakout Point, in a sign that the hedge …

ZURICH – Credit Suisse plans to call its $1.5 billion 7.125% high-trigger Tier 1 capital instrument for redemption on July 29, it said on Thursday. “This call is subject to …

By Bernardo Caram BRASILIA – Tax cuts are likely to cost over 110 billion reais ($21.5 billion) in Brazilian tax revenue this year, as President Jair Bolsonaro tries to ease …

NEW DELHI – India’s May trade deficit widened to $24.29 billion from $6.53 billion a year ago, a government statement said on Wednesday. May’s trade deficit was pushed up by …

HONG KONG – Hong Kong’s de-facto central bank bought HK$9.255 billion ($1.18 billion) from the market in New York trading hours to stop the local currency weakening and breaking its …

BRASILIA – Brazil’s central government reported a better than expected primary budget surplus of 28.6 billion reais ($5.57 billion) in April, official figures showed on Tuesday, with increased tax revenue …

By Dietrich Knauth (Reuters) – LATAM Airlines Group SA, the largest air transport group in Latin America, on Monday asked a bankruptcy judge to approve $2.75 billion in new loans …

Portfolio addition will drive long-term shareholder growth SAN FRANCISCO and INDIANAPOLIS, June 13, 2022 — Prologis, Inc. (NYSE: PLD) and Duke Realty Corporation (NYSE: DRE) today announced that the two …

(Reuters) – Apple Inc’s revenue from gaming and music offerings is expected to jump 36% to $8.2 billion by 2025, J.P.Morgan said on Monday, as the iPhone maker taps its …

SEOUL – South Korean industries, including auto, steel, petrochemical and cement, face accumulated losses worth about 1.6 trillion won ($1.24 billion) as of Sunday due to the ongoing trucker strike, …

SEOUL – South Korea’s exports for the first 10 days of June shrank 12.7% from the same period a year before, customs agency data showed on Monday. The country’s imports …

By Rodrigo Viga Gaier and Gabriel Araujo RIO DE JANEIRO/SAO PAULO -Brazil’s government on Thursday night moved forward with its bid to privatize Eletrobras, Latin America’s largest utility, as the …

LONDON – A think-tank has estimated that British taxpayers are facing an 11-billion-pound ($13.7 billion) hit after finance minister Rishi Sunak failed to heed its advice on how to manage …

After Sending $40 Billion To Ukraine, US Officials Are Only Now Raising Red Flags Micaela Burrow on June 9, 2022 U.S. officials say Ukraine has concealed key elements of their …

By Chibuike Oguh (Reuters) – Apollo Global Management Inc is in talks to provide up to $2 billion in debt financing for the potential acquisition of department store chain Kohl’s …

MANILA – The Asian Development Bank (ADB) said on Thursday it has approved a loan of up to $4.3 billion for a railway project in the Philippines, a much-needed boost …

MANILA – The Philippines posted a $4.8 billion trade deficit in April, narrower than the previous month’s three-month high of $5 billion, as imports sustained a double-digit growth, the statistics …

By Joey Roulette WASHINGTON – A tiny meteoroid struck the newly deployed James Webb Space Telescope in May, knocking one of its gold-plated mirrors out of alignment but not changing …

KYIV – The World Bank has approved $1.49 billion in financial support for Ukraine to help pay wages for social workers and civil servants, Ukrainian Prime Minister Denys Shmygal said …

By David Lawder and David Shepardson WASHINGTON – The U.S. Treasury on Tuesday announced the first state awards from a $10 billion COVID-19 aid program aimed at boosting broadband internet …

(Reuters) – Elon Musk has threatened to walk away from his $44 billion buyout deal for Twitter Inc if the social media company fails to provide data on spam and …

BERLIN – Germany’s economy ministry has drawn up plans to foster the start-up scene in Europe’s largest economy with a batch of measures including an injection of public funds and …

By Uditha Jayasinghe COLOMBO – Sri Lanka is aiming to attract well over $1 billion in foreign direct investment this year, an official said on Friday, as the country wrestles …

BRUSSELS – U.S. business software maker Oracle Corp has secured unconditional EU antitrust clearance for its $28.3 billion acquisition of U.S. healthcare IT company Cerner Corp, the EU competition enforcer …