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Billion

New Jersey’s Online Betting Gamble Has Paid Off with $7 Billion in Revenue in Ten Years

November 23, 2023
New jersey's online betting gamble has paid off with $7 billion in revenue in ten years - photo licensed by shore news network.

As New Jersey’s online casinos mark their 10th anniversary, their success story transcends simple narratives. Oddsseeker.com’s analysis highlights the remarkable achievements of this sector, a …

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Macron to unveil 2.1 billion eur Novo Nordisk pharma investment in France

November 23, 2023November 23, 2023
Macron to unveil 2. 1 billion eur novo nordisk pharma investment in france - photo licensed by shore news network.

PARIS (Reuters) – French President Emmanuel Macron will on Thursday inaugurate a 2.1 billion euro ($2.3 billion) investment by Danish pharmaceutical company Novo Nordisk in …

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AustralianSuper to reject Brookfield’s new $10.6 billion proposal for Origin Energy

November 22, 2023
Australiansuper to reject brookfield's new $10. 6 billion proposal for origin energy - photo licensed by shore news network.

(Reuters) – Origin Energy’s largest shareholder AustralianSuper said on Thursday it will vote against a latest revised $10.6 billion takeover bid from a Brookfield-led consortium, …

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Origin Energy to delay shareholder meeting on $10.6 billion Brookfield-led bid – source

November 22, 2023
Origin energy to delay shareholder meeting on $10. 6 billion brookfield-led bid - source - photo licensed by shore news network.

SYDNEY (Reuters) – Origin Energy will delay a shareholder meeting scheduled for Thursday to vote on a $10.6 billion Brookfield-led consortium bid, according to a …

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Argentina will not face $16.1 billion YPF judgment in US while it appeals

November 21, 2023November 21, 2023
Argentina will not face $16. 1 billion ypf judgment in us while it appeals - photo licensed by shore news network.

By Jonathan Stempel NEW YORK (Reuters) – Argentina persuaded a U.S. judge not to enforce a $16.1 billion judgment arising from the government’s 2012 seizure …

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US FTC probes $10 billion private equity deal for Subway – report

November 21, 2023

(Reuters) -The U.S. Federal Trade Commission (FTC) is investigating whether Roark Capital’s purchase of Subway for $10 billion is legal under antitrust law given that …

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Binance chief will admit violating US laws as part of $4 billion deal to resolve probe

November 21, 2023November 21, 2023
Binance chief will admit violating us laws as part of $4 billion deal to resolve probe - photo licensed by shore news network.

NEW YORK (Reuters) – Binance Holdings chief Changpeng Zhao will admit violating U.S. laws as part of a deal to resolve a U.S. probe into …

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Jeff Bezos expected to sell more Amazon shares worth $1 billion – CNBC

November 21, 2023
Jeff bezos expected to sell more amazon shares worth $1 billion - cnbc - photo licensed by shore news network.

(Reuters) – Amazon.com founder Jeff Bezos is expected to offload more of his stake in the company on Tuesday after selling shares worth about $240 …

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Italy raises $1 billion from Monte dei Paschi’s 25% stake sale

November 21, 2023
Italy raises $1 billion from monte dei paschi's 25% stake sale - photo licensed by shore news network.

By Giuseppe Fonte and Valentina Za MILAN (Reuters) -Italy attracted strong interest from funds when it sold 25% of Monte dei Paschi di Siena (MPS) …

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OpenAI’s $86 billion share sale in jeopardy after Altman firing- The Information

November 18, 2023November 18, 2023
Openai's $86 billion share sale in jeopardy after altman firing- the information - photo licensed by shore news network.

(Reuters) -A planned sale of OpenAI employee shares that would value the startup at about $86 billion on paper hangs in the balance after the …

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Tenet Healthcare to sell 3 South Carolina hospitals for about $2.4 billion

November 17, 2023November 17, 2023

(Reuters) -Tenet Healthcare said on Friday it would sell three of its hospitals and related operations in South Carolina for about $2.4 billion in cash, …

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Amazon eyes $20 billion exports by 2025 from India, says company official

November 17, 2023
Amazon eyes $20 billion exports by 2025 from india, says company official - photo licensed by shore news network.

By Manoj Kumar NEW DELHI (Reuters) – Amazon is targeting merchandise exports worth $20 billion from India by 2025 by adding thousands of small sellers …

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Origin Energy shareholder shows hand and backs $10.5 billion Brookfield bid

November 16, 2023
Origin energy shareholder shows hand and backs $10. 5 billion brookfield bid - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – Origin Energy shareholder VanEck Australia will support the $10.5 billion bid from Canada’s Brookfield and EIG, according to a …

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Colombia creates biodiversity fund aiming to manage nearly $1 billion

November 16, 2023
Colombia creates biodiversity fund aiming to manage nearly $1 billion - photo licensed by shore news network.

BOGOTA (Reuters) – Colombia’s government has launched a new Fund for Life and Biodiversity to help protect ecosystems in the country, the environment ministry said …

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Roboadvisor Wealthfront reaches $50 billion in client assets

November 16, 2023November 16, 2023

By Hannah Lang (Reuters) -Digital wealth management provider Wealthfront, a pioneer in automated investing, now oversees more than $50 billion in assets and is set …

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Benko’s Signa unit seeks $2.2 billion funding amid property crisis – Bloomberg News

November 15, 2023November 15, 2023
Benko's signa unit seeks $2. 2 billion funding amid property crisis - bloomberg news - photo licensed by shore news network.

(Reuters) – Property tycoon Rene Benko-founded Signa Group’s Prime unit has approached investors to seek up to 2 billion euros ($2.17 billion) in funding, Bloomberg …

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US unveils up to $3.5 billion funding to boost domestic battery manufacturing

November 15, 2023November 15, 2023
Us unveils up to $3. 5 billion funding to boost domestic battery manufacturing - photo licensed by shore news network.

(Reuters) – The U.S. Department of Energy on Wednesday announced up to $3.5 billion to strengthen domestic production of batteries and battery materials from the …

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Biden Admin Extends Sanctions Waiver Freeing Up $10 Billion For Iran

November 15, 2023

Biden Admin Extends Sanctions Waiver Freeing Up $10 Billion For Iran Jake Smith on November 14, 2023 The Biden administration is extending a sanctions waiver …

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Argentina’s presidential candidates face $12 billion energy subsidy conundrum

November 15, 2023
Argentina's presidential candidates face $12 billion energy subsidy conundrum - photo licensed by shore news network.

By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina has a $12 billion energy conundrum: what to do about state subsidies that keep prices at a …

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Boston Properties to sell interest in two assets valued at about $1.7 billion

November 14, 2023November 14, 2023

(Reuters) -Real estate investment trust Boston Properties on Tuesday agreed to sell a 45% interest in two Massachusetts-based life sciences development properties to Norges Bank …

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Factbox-Italian banks add 4.5 billion euros in capital due to one-off tax

November 14, 2023

MILAN (Reuters) – Italian financial institutions have opted en masse to forego an extraordinary tax the government imposed on the sector in August, making use …

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China is eyeing $137 billion of new funding to boost housing market – Bloomberg News

November 14, 2023
China is eyeing $137 billion of new funding to boost housing market - bloomberg news - photo licensed by shore news network.

(Reuters) – China plans to provide at least 1 trillion yuan ($137.22 billion) of low-cost financing to the nation’s urban village renovation and affordable housing …

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Indonesia expected to maintain Oct trade surplus at $3 billion: Reuters poll

November 14, 2023November 13, 2023
Indonesia expected to maintain oct trade surplus at $3 billion: reuters poll - photo licensed by shore news network.

JAKARTA (Reuters) – Indonesia’s trade surplus is seen to narrow slightly in October to $3 billion from the previous month, as exports are still expected …

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Juul Labs raises $1.3 billion in funding

November 13, 2023November 13, 2023
Juul labs raises $1. 3 billion in funding - photo licensed by shore news network.

(Reuters) -Juul Labs said on Monday it has raised about $1.3 billion in funding, months after the e-cigarette maker revealed plans to lay off about …

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Israel says it raised $8 billion of debt since start of war with Hamas

November 13, 2023
Israel says it raised $8 billion of debt since start of war with hamas - photo licensed by shore news network.

By Steven Scheer JERUSALEM (Reuters) – Israel has raised about 30 billion shekels ($7.8 billion) in debt since the start of the war with Hamas …

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Capital Product Partners adds 11 new LNG carriers in $3.1 billion deal

November 13, 2023

(Reuters) – Vessel owner Capital Product Partners said on Monday it has acquired 11 newly built LNG carriers from Capital Maritime for $3.1 billion, opting …

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PAI Partners closes new $7.6 billion fund, surpassing target

November 13, 2023

By Anousha Sakoui LONDON (Reuters) – French buyout group PAI Partners said it had raised 7.1 billion euros ($7.59 billion) for its latest fund, surpassing …

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Murphy Tagged $1 Billion of Ratepayer Subsidies to Bailout Failed Foreign Wind Energy Corporation

November 12, 2023
Murphy tagged $1 billion of ratepayer subsidies to bailout failed foreign wind energy corporation - photo licensed by shore news network.

NEW JERSEY – Senator Michael Testa recently addressed the withdrawal of Ørsted, a Danish wind energy company, from the Ocean Wind 1 & 2 offshore …

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Exclusive-ICBC hack led to unit temporarily owing BNY $9 billion – sources

November 10, 2023
Exclusive-icbc hack led to unit temporarily owing bny $9 billion - sources - photo licensed by shore news network.

NEW YORK (Reuters) -Industrial and Commercial Bank of China’s hack left its U.S. unit temporarily owing Bank of New York Mellon $9 billion as a …

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Exclusive-Inside IMF, stance hardens on Argentina as $44 billion deal skids off track

November 9, 2023
Exclusive-inside imf, stance hardens on argentina as $44 billion deal skids off track - photo licensed by shore news network.

By Jorgelina do Rosario LONDON (Reuters) – The International Monetary Fund has hardened its view on how Argentina is running a $44 billion loan programme …

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Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report

November 8, 2023
Ping an loses $2. 1 billion in market value, china property rallies on country garden rescue report - photo licensed by shore news network.

HONG KONG (Reuters) – China property stocks rallied and Ping An Insurance Group shares slumped to a one-year low on Wednesday after Reuters reported Chinese …

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Shein targets up to $90 billion valuation in US IPO – Bloomberg News

November 7, 2023November 7, 2023
Shein targets up to $90 billion valuation in us ipo - bloomberg news - photo licensed by shore news network.

(Reuters) – Shein is hoping for a valuation of as much as $90 billion for an eventual U.S. initial public offering, Bloomberg News reported on …

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SpaceX eyes $15 billion in sales next year on Starlink strength – Bloomberg News

November 6, 2023November 6, 2023
Spacex eyes $15 billion in sales next year on starlink strength - bloomberg news - photo licensed by shore news network.

(Reuters) – SpaceX is on track to book revenue of about $9 billion this year across its rocket launch and Starlink businesses with sales projected …

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Bain close to buying consulting firm Guidehouse in $5 billion deal- WSJ

November 5, 2023
Bain close to buying consulting firm guidehouse in $5 billion deal- wsj - photo licensed by shore news network.

(Reuters) -Bain Capital is close to acquiring Guidehouse, a consulting firm that advises government organizations and businesses, in a deal valuing it at $5.3 billion …

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Global assets in spot bitcoin ETFs hit $4.16 billion – CoinGecko

November 3, 2023November 3, 2023
Global assets in spot bitcoin etfs hit $4. 16 billion - coingecko - photo licensed by shore news network.

By Suzanne McGee (Reuters) – Global assets invested in exchange-traded funds (ETFs) tied to the spot price of bitcoin now total $4.16 billion, according to …

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Starbucks to grow to 55,000 global stores by 2030, sees $3 billion in cost savings

November 2, 2023
Starbucks to grow to 55,000 global stores by 2030, sees $3 billion in cost savings - photo licensed by shore news network.

(Reuters) – Starbucks is planning to expand its global store footprint to 55,000 stores by 2030, CEO Laxman Narasimhan said on Thursday. The coffee chain …

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AustralianSuper rejects Brookfield’s ‘best and final’ $10.5 billion bid for Origin Energy

November 1, 2023
Australiansuper rejects brookfield's 'best and final' $10. 5 billion bid for origin energy - photo licensed by shore news network.

(Reuters) – Pension fund AustralianSuper said on Thursday it intended to vote against Brookfield-consortium’s “best and final” takeover offer for Origin Energy Ltd that valued …

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Lloyds exploring sale of bulk annuities worth $7.3 billion – Bloomberg News

November 1, 2023November 1, 2023
Lloyds exploring sale of bulk annuities worth $7. 3 billion - bloomberg news - photo licensed by shore news network.

(Reuters) -Lloyds, Britain’s biggest mortgage lender, is exploring the sale of some assets from its pension provider Scottish Widows worth 6 billion pounds ($7.3 billion), …

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Disney’s ESPN could be valued at $24 billion, likely buyers include Apple, Verizon – BofA

November 1, 2023
Disney's espn could be valued at $24 billion, likely buyers include apple, verizon - bofa - photo licensed by shore news network.

(Reuters) – Walt Disney’s ESPN sports network could secure an enterprise value of $24 billion and attract investment interest from sports leagues, tech firms like …

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Hedge fund investors pull $80 billion from industry in 2023 – Aurum

November 1, 2023
Hedge fund investors pull $80 billion from industry in 2023 - aurum - photo licensed by shore news network.

By Nell Mackenzie LONDON (Reuters) – The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even as …

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Broadcom expects $69 billion VMware deal to close before November deadline

October 30, 2023October 30, 2023
Broadcom expects $69 billion vmware deal to close before november deadline - photo licensed by shore news network.

(Reuters) – U.S. chipmaker Broadcom expects its $69 billion buyout of cloud-computing firm VMware to close before the November deadline, the companies said on Monday, …

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Santander readies sale of bad assets worth 5 billion euros- Cinco Dias

October 30, 2023
Santander readies sale of bad assets worth 5 billion euros- cinco dias - photo licensed by shore news network.

MADRID (Reuters) – Spain’s Santander is planning to sell toxic real estate assets with a nominal value of up to 5 billion euros ($5.28 billion), …

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San Francisco Railroad Extension Costs A Whopping $4 Billion Per Mile

October 28, 2023

San Francisco Railroad Extension Costs A Whopping $4 Billion Per Mile Arjun Singh on October 27, 2023 The city of San Francisco is in the …

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Virginia Man One Ball Short to Win Billion Dollar Prize

October 26, 2023
Virginia man one ball short to win billion dollar prize - photo licensed by shore news network.

Near-Miss for Billion-Dollar Jackpot: Virginia Man Wins $1 Million in Powerball Drawing FALLS CHURCH, VA — Carlos Gutierrez, a small business owner from Centreville, won …

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Intesa to add 2 billion to reserves from bank tax

October 25, 2023
Intesa to add 2 billion to reserves from bank tax - photo licensed by shore news network.

MILAN (Reuters) – Italy’s biggest bank, Intesa Sanpaolo, on Wednesday said it would increase non-distributable reserves by 2.07 billion euros ($2.19 billion) instead of paying …

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Renault to invest $3.2 billion in eight new models in global re-launch

October 25, 2023
Renault to invest $3. 2 billion in eight new models in global re-launch - photo licensed by shore news network.

By Gilles Guillaume PARIS (Reuters) – Renault said on Wednesday it will invest 3 billion euros ($3.2 billion) by 2027 to launch eight new vehicles …

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Biden officials set $3 billion bank deposit, procurement goals to boost minority firms

October 25, 2023October 25, 2023
Biden officials set $3 billion bank deposit, procurement goals to boost minority firms - photo licensed by shore news network.

By David Lawder WASHINGTON (Reuters) – The Biden administration on Wednesday urged big companies to deposit another $2 billion into U.S. community lenders to boost …

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AirAsia parent plans to raise more than $1 billion in debt, equity – FT

October 25, 2023October 25, 2023
Airasia parent plans to raise more than $1 billion in debt, equity - ft - photo licensed by shore news network.

(Reuters) – Capital A Berhad, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, and will list some …

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Airbus lands $1.27 billion French air tanker upgrade, service deals

October 23, 2023
Airbus lands $1. 27 billion french air tanker upgrade, service deals - photo licensed by shore news network.

(Reuters) -Airbus said on Monday it had signed two contracts valued at 1.2 billion euros ($1.27 billion) to provide capability enhancement and in-service support of …

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Harvard posts investment gain in fiscal 2023, endowment stands at $50.7 billion

October 19, 2023October 19, 2023
Harvard posts investment gain in fiscal 2023, endowment stands at $50. 7 billion - photo licensed by shore news network.

BOSTON (Reuters) – Harvard University’s endowment fund, the world’s largest university endowment, posted a small investment gain that bested several other top U.S. universities’ returns …

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