Billion

By Uditha Jayasinghe COLOMBO – Sri Lanka seeks to secure around $5 billion in funding this year to cover repayments for fuel imports and other items bought through credit lines, …

(Reuters) – Ford Motor Co will invest $2 billion and create 3,200 new jobs in Michigan as it boosts electric vehicle production, the automaker said Thursday. Gabby Bruno, a Ford …

By Elizabeth Dilts Marshall and Niket Nishant NEW YORK – Wells Fargo & Co’s Chief Executive Officer Charlie Scharf said Wednesday he wants to grow Wells’ corporate and investment banking …

SACRAMENTO, Calif. — Alan Hansen, 51, of Vacaville, was sentenced today to eight years in prison and ordered to pay $619,415,950 million in restitution for participating in a billion-dollar Ponzi …

By Sarah N. Lynch WASHINGTON – A New York couple accused of laundering $4.5 billion in cryptocurrency tied to the 2016 hack of digital currency exchange Bitfinex are still negotiating …

MILAN – Telecom Italia (TIM) has attached an enterprise value of around 20 billion euros ($21.5 billion) to its landline grid which the former phone monopoly is considering selling as …

Global competitiveness and key competitor percentage market shares Market presence across multiple geographies – Strong/Active/Niche/Trivial Online interactive peer-to-peer collaborative bespoke updates Access to our digital archives and MarketGlass Research Platform …

(Reuters) – Macquarie Asset Management, a part of Australia’s Macquarie Group Ltd, said on Tuesday it had raised $4.2 billion for its third fund dedicated towards Asia-Pacific regional infrastructure, much …

By Munsif Vengattil NEW DELHI – The parent company of India’s ShareChat has raised nearly $300 million in fresh funding from Alphabet Inc’s Google, media giant Times Group and Singapore’s …

BERLIN – Germany has agreed to change its constitution to allow for a credit-based special defense fund of 100 billion euros ($107.35 billion) proposed after Russia’s invasion of Ukraine, the …

CAIRO – Egypt’s net external debt climbed by $8.1 billion in the fourth quarter of 2021, central bank data showed on Sunday. Egypt had been increasing its borrowing to plug …

By Julie Gordon Canada’s budget deficit in fiscal 2021/22 shrank to C$95.57 billion ($75.02 billion) from C$314.00 billion in the previous year, as emergency spending on the COVID-19 pandemic eased, …

PARSIPPANY, N.J., May 25, 2022 — PBF Energy Inc. (NYSE: PBF) today announced that its subsidiary, PBF Holding Company LLC, successfully completed a multi-year extension of its asset-based revolving credit …

By Simon Jessop LONDON – Vanguard, the world’s second-biggest asset manager, said it expects nine funds managing $290 billion to reach the world’s climate goal by 2050 and be at …

(Reuters) – Russia’s banks could get a 3.3 trillion rouble ($52 billion)capital boost if the central bank ditches Basel capital requirements, the head of VTB Bank Andrey Kostin said on …

BRUSSELS – European Union states have reported the freezing of about 23 billion euros ($24.5 billion) of assets of the Russian Central Bank, a top EU official said on Wednesday, …

(Reuters) – Hong Kong-based Babel Finance said on Wednesday it had raised $80 million in a new funding round that valued the cryptocurrency lender and asset manager at $2 billion. …

(Reuters) – Barclays said on Wednesday global mutual funds investors could sell equities worth a further $350 billion this year, unless fears of recession diminish, due to an uncertain macro …

By Aditya Kalra DAVOS, Switzerland – India’s Andhra Pradesh has signed renewables investment pacts worth a total of around $16 billion with three companies including India’s Adani and an affiliate …

By Tim Hepher PARIS -Air France-KLM on Tuesday launched a 2.26-billion-euro ($2.41 billion) share sale to shore up its balance sheet and repay some French state aid as it seeks …

BENGALURU -Shares of Delhivery, an Indian logistics startup backed by SoftBank Group, rose as much as 7.6% in their market debut on Tuesday, giving the company a valuation of 379.60 …