Biden Admin To Pour $3.5 Billion Into Electric Grid Projects That Benefit Pro-Dem Union
Biden Admin To Pour $3.5 Billion Into Electric Grid Projects That Benefit Pro-Dem Union Nick Pope on October 18, 2023 The Biden administration is spending …
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IMF has reached goal to add $3 billion to trust fund for poorest countries-Georgieva
MARRAKECH, Morocco (Reuters) – The International Monetary Fund has met its fundraising target to increase concessional trust fund resources for the world’s poorest countries by …
Foreigners pull $13.8 billion from EM portfolios in September -IIF
By Rodrigo Campos NEW YORK (Reuters) – Non-residents pulled $13.8 billion from their emerging market portfolios in September as the prospect of higher interest rates …
Czech lawmakers back government’s $6.5 billion deficit-cutting plan
PRAGUE (Reuters) – Czech lower house lawmakers approved on Friday the centre-right government’s 151 billion crown ($6.47 billion) package of spending cuts and tax hikes …
US signals Iran won’t access its $6 billion in Qatar any time soon
By Humeyra Pamuk and Daphne Psaledakis TEL AVIV/WASHINGTON (Reuters) – The United States signaled on Thursday that it would not grant Iran access to $6 …
Sri Lanka bondholders sent $12 billion debt rework proposal to government -sources
By Jorgelina do Rosario LONDON (Reuters) – Sri Lanka’s private creditors have sent a proposal on how to restructure $12 billion of overseas debt, including …
Ericsson shares volatile after results, $2.9 billion charge
(Reuters) -Ericsson shares were volatile on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker overnight announced a $2.9-billion impairment related …
Top GOP Senators To Introduce Bill To Immediately Refreeze Biden Admin’s $6 Billion Transfer To Iran
Top GOP Senators To Introduce Bill To Immediately Refreeze Biden Admin’s $6 Billion Transfer To Iran Jake Smith on October 11, 2023 Senate Minority Leader …
Toshiba to go private on Dec 20 after successful $13 billion takeover bid
TOKYO (Reuters) – Toshiba Corp said on Thursday it will hold an extraordinary shareholder’s meeting on Nov. 22 to approve the consolidation of its shares, …
Liontown extends due diligence for $4.2 billion Albemarle buyout
MELBOURNE (Reuters) -Australia’s Liontown Resources on Thursday said it would extend an exclusive due diligence period by a week for its proposed A$6.6 billion ($4.23 …
Ukraine needs $42 billion budget support this year and next -PM Shmyhal
By David Lawder and Andrea Shalal MARRAKECH, Morocco (Reuters) – Ukrainian Prime Minister Denys Shmyhal said on Wednesday the country would need budget support of …
Birkenstock shares fall 11% in market debut to notch $8.32 billion valuation
(Reuters) – Luxury sandal maker Birkenstock notched a valuation of $8.32 billion in its market debut on Wednesday after shares opened 11% below their offer …
European investment bank to offer Morocco $1 billion euro loan
MARRAKECH (Reuters) – The European Investment Bank said on Wednesday it will lend Morocco 1 billion euros ($1.06 billion) over the next three years to …
Ukraine receives $1.15 billion grant from US under World Bank program
KYIV (Reuters) – Ukraine received a $1.15 billion grant from the United States on Wednesday as part of the PEACE in Ukraine program, the Ukrainian …
Biden administration to announce $7 billion in hydrogen hub grants Friday –sources
By Jarrett Renshaw and Valerie Volcovici WASHINGTON (Reuters) -The Biden administration is expected to announce on Friday the winners of $7 billion in federal grants …
Truist in talks to sell insurance business for $10 billion – Semafor
(Reuters) -Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10 billion, news website Semafor …
Door maker PGT rebuffs $1.9 billion offer from Koch-backed Miter-sources
By David Carnevali and Anirban Sen NEW YORK (Reuters) – PGT Innovations Inc, a U.S. maker of vinyl and aluminum doors and windows, rebuffed a …
Prosperity Life’s unit to buy insurer National Western in $1.9 billion deal
(Reuters) -A unit of insurer Prosperity Life Group has agreed to buy National Western Life Group in a deal valued at $1.9 billion, the companies …
Irish budget to include 2.4 billion euros of ‘one-off’ supports – source
By Padraic Halpin DUBLIN (Reuters) – Ireland will add one-off financial supports totalling around 2.4 billion euros to planned permanent spending measures and tax cuts …
Australia’s $131 billion sovereign wealth fund chair will not seek another term
SYDNEY (Reuters) – The head of Australia’s A$206 billion ($131 billion) sovereign wealth fund had informed the Australian government he will not seek a third …
Emerging economies face $220 billion in budget cuts amid debt crisis -Oxfam
LONDON (Reuters) – Some of the world’s poorest countries face budget cuts topping $220 billion over the coming five years due to a debt crisis …
Mexican border state: costs of ‘migrant crisis’ reach nearly $1 billion
MEXICO CITY (Reuters) – The costs of spiking migration for a key Mexican border state due to a sharp downturn in U.S.-bound cargo trucks total …
Powerball Jackpot Soars to Third Highest at $1.2 Billion
TRENTON, NJ – The Powerball jackpot has swelled to $1.2 billion, making it the third largest in the game’s history and the first instance of …
BP explores $1 billion US pipelines stake sale -sources
By Shariq Khan, David French and Ron Bousso (Reuters) – BP Plc is exploring the sale of a 49% stake in its U.S. oil and …
PNC Bank buys $16.6 billion capital commitment portfolio from Signature Bridge Bank
(Reuters) – PNC Financial Services’ banking unit said on Tuesday that it had bought a portfolio from Signature Bridge Bank representing $16.6 billion in total …
Justice Department Awards Over $4.4 Billion to Enhance Community Safety Nationwide
WASHINGTON, DC – The U.S. Justice Department is allocating more than $4.4 billion in grants to state, local, and Tribal agencies for public safety and …
Wells Fargo sells $2 billion of private equity investments
(Reuters) – Wells Fargo said on Friday it had sold about $2 billion of its private equity investments as the bank aims to sharpen focus …
Quebec in talks with battery, auto makers for C$15 billion in EV-related investments
By Divya Rajagopal TORONTO (Reuters) – Quebec is in talks with battery makers and automobile companies looking to invest about C$15 billion ($11 billion) in …
Cathay Pacific buys 32 Airbus A321-200neo aircraft for $4.66 billion
(Reuters) -Hong Kong’s Cathay Pacific Airways said on Friday it had purchased 32 Airbus A321-200neo aircraft from Airbus for a basic price of $4.66 billion. …
Asian Development Bank unveils capital moves to boost lending by $100 billion over a decade
By David Lawder (Reuters) – The Asian Development Bank (ADB) unveiled new capital reforms on Friday that will unlock $100 billion in new financing capacity …
Sycamore to take apparel retailer Chico’s FAS private for nearly $1 billion
By Savyata Mishra (Reuters) -Chico’s FAS will be taken private by Sycamore Partners for $938.1 million in an all-cash deal, the apparel retailer said on …
Sweden’s Northvolt to build $5.2 billion battery factory in Canada
By Supantha Mukherjee and Divya Rajagopal STOCKHOLM/TORONTO (Reuters) – Swedish lithium-ion battery producer Northvolt said on Thursday it would open a $5.2 billion gigafactory in …
Varde raises nearly $1.5 billion for asset-based lending opportunities
(Reuters) – Alternative investment firm Varde Partners has raised nearly $1.5 billion from institutional investors for asset-based lending through its Varde Asset Lending Fund II …
Temasek unit raises $3.3 billion in flagship fund investing in China
SINGAPORE (Reuters) – Singapore state investment firm Temasek’s wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its flagship fund …
Trade between Colombia, Venezuela could hit $1 billion this year
CARACAS (Reuters) – Trade between Colombia and Venezuela could hit between $800 million and $1 billion this year, Colombia’s Trade Minister German Umana said in …
Samsung SDI to invest $2 billion to build second joint battery plant in US with Stellantis
SEOUL (Reuters) – South Korea’s Samsung SDI Co Ltd said on Wednesday it plans to invest 2.7 trillion won ($2.00 billion) to build a second …
Candy Crush Saga hits $20 billion revenue milestone, maker King says
By Paul Sandle LONDON (Reuters) – Candy Crush Saga, the matching game played by millions on their commute, has reached $20 billion in revenue since …
Singapore’s central bank looking into banks’ role in $1.8 billion money laundering case
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s central bank said on Tuesday it was looking into whether banks involved in a S$2.4 billion ($1.75 billion) …
Enbridge C$4.6 billion equity sale raises hopes for Canada market revival
By Maiya Keidan TORONTO(Reuters) – A recent C$4.6 billion capital raise by Enbridge and a raft of new U.S. deals have spurred optimism for a …
Marketmind: Bond crush stifles markets as $134 billion hits
A look at the day ahead in U.S. and global markets by Mike Dolan A renewed surge in long-term Treasury yields is stifling world markets …
Turkish central bank’s net reserves seen rising more than $6 billion as policy U-turn continues – bankers
By Nevzat Devranoglu ANKARA (Reuters) – The Turkish central bank’s net international reserves rose by more than $6 billion last week to about $24 billion, …
China state asset manager plans $14 billion emerging industry fund -report
SHANGHAI (Reuters) – China Reform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a …
Thailand expects Tesla, Google, Microsoft to invest $5 billion -prime minister
BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from Tesla, Google …
Indonesia parliament passes Jokowi’s $216 billion 2024 budget
JAKARTA (Reuters) – Indonesia’s parliament on Thursday passed President Joko Widodo’s 3,325.1 trillion rupiah ($216.06 billion) budget for 2024, his final year in office, with …
Exxon sees $16 billion in earnings for fuels, chemicals by 2027
By Erwin Seba HOUSTON (Reuters) – Exxon Mobil Corp expects its motor fuels and chemicals earnings to reach $16 billion by 2027, up about $4 …
Goldman Sachs raises over $15 billion for secondary private equity deals
By Saeed Azhar NEW YORK (Reuters) – Goldman Sachs’ asset management arm said two funds have closed, raising more than $15 billion for funds that …
Thailand plans higher borrowing in 2024 to boost economy – sources
BANGKOK (Reuters) -Thailand’s new government plans to borrow about 2.4 trillion baht ($66.4 billion) for the fiscal year 2024 starting on Oct. 1, up 9% …
CCP-Linked Battery Maker Eligible For $7.5 Billion In Biden Bucks, Analysis Finds
CCP-Linked Battery Maker Eligible For $7.5 Billion In Biden Bucks, Analysis Finds Nick Pope on September 19, 2023 A company linked to the Chinese Communist …
Instacart set to be valued at nearly $13 billion in Wall Street debut
(Reuters) – Shares of Instacart were indicated to trade 30% above their initial public offering price in their Nasdaq debut on Tuesday, giving the grocery …
‘Funding Both Sides Of The War’: Ted Cruz Rips Biden, Says $6 Billion Will Help Iran Build Drones
‘Funding Both Sides Of The War’: Ted Cruz Rips Biden, Says $6 Billion Will Help Iran Build Drones Harold Hutchison on September 18, 2023 Republican …