Billion

SEOUL – Hyundai Motor Group said on Tuesday it plans to invest 63 trillion won ($49.86 billion) in South Korea through 2025 to strengthen its competitiveness in different business fields, …

By Aftab Ahmed NEW DELHI – The Indian government is considering spending an additional 2 trillion rupees ($26 billion) in the 2022/23 fiscal year to cushion consumers from rising prices …

CAIRO – Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said on Saturday. Tourism revenues …

MUMBAI – India’s central bank transferred 303.07 billion rupees ($3.91 billion) to the government as a dividend for the fiscal year ending in March 2022 and decided to keep its …

AMSTERDAM – Prosus, the Dutch-based technology investor, said on Friday it would seek a buyer for its Russian online marketplace Avito. Avito had been one of Prosus’s most valuable investments …

By Emma-Victoria Farr and Sachin Ravikumar FRANKFURT -Canada’s Brookfield Asset Management has agreed to buy British home repair services firm HomeServe for 4.08 billion pounds ($5.04 billion), as it looks …

BRUSSELS – The European Commission proposed on Wednesday an extra 9 billion euros ($9.5 billion) in EU loans to Ukraine in 2022 to keep the country running and to set …

BRUSSELS – The European Commission proposed on Wednesday a 9 billion euro ($9.5 billion) loan to Ukraine to keep the country going as it struggles to fend off the Russian …

(Reuters) – An investment group chaired by former U.S. Vice President Al Gore on Wednesday launched a $1.7 billion fund to take minority stakes in private companies focused on what …

(Reuters) – Telus Corp said on Tuesday it would invest $17 billion in network infrastructure, operations and spectrum across Canada’s Alberta over the next four years as the telecoms company …

BERLIN -The finance ministers of the Group of Seven economic powers want to put together a 15 billion euro ($15.8 billion) aid package for Ukraine at their meeting in Bonn …

MILAN – Italy’s Zegna is aiming for revenue above 2 billion euros ($2.1 billion) in the medium term, up from the 1.29 billion euros posted last year, the fashion group …

By Patricia Zengerle WASHINGTON – The U.S. Senate voted on Monday to advance $40 billion more aid for Ukraine in its war against Russia, setting the stage for a vote …

By Padraic Halpin DUBLIN – SMBC Aviation Capital agreed on Monday to buy smaller rival Goshawk Aviation for an enterprise value of $6.7 billion in a deal it said would …

By David Shepardson WASHINGTON – The White House on Monday said it has released $110 billion in funding from the $1 trillion infrastructure package that seeks to fix crumbling roads, …

(Reuters) – Sanctions that have been imposed on Belarus have blocked $16-$18 billion worth of its annual exports to the West, the Belta news agency cited Belarusian Prime Minister Roman …

By Natalia Zinets KYIV – Ukraine has been forced to spend 245.1 billion hryvnia ($8.3 billion) on its war with Russia instead of development, the finance minister said on Thursday, …

NEW YORK – Chainalysis, the New York-based blockchain data platform company, said on Thursday it had raised $170 million of new funding, bringing its valuation to $8.6 billion. The funding …

HONG KONG -State conglomerate China Resources is in early-stage talks with Sihuan Pharmaceutical’s chairman about jointly taking the Hong Kong-listed company private in a deal valuing it at nearly $3 …

By Julie Zhu and Scott Murdoch HONG KONG – JD Technology, the fintech arm of Chinese e-commerce company JD.Com, has been forced to delay an up to $2 billion Hong …

SEOUL – South Korea unveiled plans on Thursday to pay more than $20 billion to small businesses and self-employed people to make up for losses due to COVID restrictions. The …

ZURICH – Insurer Axa and consumer goods group Unilever plan to invest 100 million euros each into a new 1 billion euro ($1.06 billion) regenerative agriculture fund to be managed …

TRENTON, NJ – As many New Jerseyans are struggling to make ends meet during the post-pandemic recovery, the state of New Jersey is rolling in piles of cash. Now, members …

NEWARK, N.J. – The former chief financial officer for a biopharmaceutical company was indicted today for his role in an insider trading scheme, U.S. Attorney Philip R. Sellinger announced. Usama …

HONG KONG – China Eastern Airlines Corp plans to raise up to 15 billion yuan ($2.23 billion) in a share sale to expand its fleet and to replenish working capital, …