NEW YORK (Reuters) – Foreigners added a net $29 billion into emerging market debt and equity portfolios in December enticed by a view that the U.S. Federal Reserve will soon …
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(Reuters) -Motor fuels distributor Sunoco LP said on Thursday it has agreed to sell 204 convenience stores in West Texas, New Mexico and Oklahoma to 7-Eleven Inc for about $1.0 …
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Hewlett Packard Enterprise CEO expects no China challenge on $14 billion Juniper Networks deal
by Reutersby ReutersBy Stephen Nellis (Reuters) – Hewlett Packard Enterprise (HPE) Chief Executive Antonio Neri told Reuters he does not foresee any major regulatory risks in China for his firm’s $14 billion …
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IMF board approves new $1.2 billion, 4-year loan program for Jordan
by Reutersby ReutersBy Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund’s executive board on Wednesday approved a new $1.2 billion, four-year loan program to support Jordan’s economic reforms, replacing a previous …
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By Stephen Nellis SAN FRANCISCO (Reuters) – Aeva Technologies on Tuesday said that it has reached a $1 billion deal with Germany’s Daimler Truck to supply sensors for self-driving trucks …
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Taiwan’s EVA Air finalises up to $10.1 billion order for 33 Airbus planes
by Reutersby ReutersPARIS (Reuters) – Taiwan’s Eva Airways Corp has finalised an order for 33 Airbus aircraft, the French plane maker said on Tuesday, with the airline previously indicating the deal was …
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Activist investor Elliott builds $1 billion stake in Tinder-owner Match-WSJ
by Reutersby Reuters(Reuters) -Activist investor Elliott Investment Management has built a roughly $1 billion stake in Match Group and plans to push the Tinder dating app owner to take steps to improve …
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Spanish court convicts arbitrator who awarded $15 billion to sultan’s heirs in Malaysia dispute
by Reutersby ReutersMADRID (Reuters) – A Spanish arbitrator who awarded $15 billion to the descendants of a former sultan in a land dispute with Malaysia dating back to the 19th century has …
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Bank of America to take non-cash charge of $1.6 billion in Q4 after cessation of a loan index
by Reutersby Reuters(Reuters) – Bank of America will take a charge of about $1.6 billion in the fourth quarter as it phases out the use of a Bloomberg interest rate benchmark. The …
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India’s Tamil Nadu in $4.4 billion deals with investors such as Tata, Pegatron
by Reutersby ReutersBy Praveen Paramasivam CHENNAI (Reuters) -India’s southern state of Tamil Nadu has signed investment pacts worth more than $4.39 billion with firms such as Apple suppliers Tata Electronics and Pegatron, …
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By Lucy Raitano LONDON (Reuters) – Investors ploughed $123.1 billion into cash in the seven days to Wednesday, marking the largest such inflow since March 2023 and a record for …
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Invesco raises valuation of Indian food delivery firm Swiggy to $8.3 billion
by Reutersby Reuters(Reuters) – U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 billion in October in a second straight markup, regulatory …
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Short sellers lost $195 billion in 2023 bets against US, Canadian stocks -S3
by Reutersby ReutersBy Carolina Mandl NEW YORK (Reuters) – Investors who bet against U.S. and Canadian stocks had paper losses of $194.9 billion last year following a sharp market rally, data provider …
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India likely to surpass FY24 target for state-run firms’ dividends by at least $1.4 billion – source
by Reutersby ReutersNEW DELHI (Reuters) – The Indian government will likely exceed its fiscal year target for dividends from state-run companies by at least 120 billion rupees ($1.4 billion), partly offsetting an …
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By Matt Tracy (Reuters) – U.S. corporate borrowers are raising nearly $16 billion in high-grade rated bonds on Wednesday, adding to a $29 billion issuance binge on Tuesday, as companies …
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LONDON (Reuters) – Bond exchange-traded funds (ETFs) gathered an annual record of $300 billion of assets under management in 2023, BlackRock said on Wednesday, as investors were lured in by …
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Investors withdraw $4 billion from hedge funds in November – Nasdaq eVestment
by Reutersby ReutersBy Nell Mackenzie LONDON (Reuters) – Hedge fund withdrawals slowed in November as customer interest rose to the highest in 2023, data firm Nasdaq eVestment said on Wednesday. Investors removed …
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China’s BYD to give dealers 2 billion yuan for hitting sales target -sources
by Reutersby ReutersSHANGHAI (Reuters) – BYD, which outsold Tesla in electric car sales globally for the first time in the fourth quarter, will hand out rewards totaling billions of yuan to its …
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(Reuters) -China’s Alibaba Group said on Tuesday it had repurchased a total of 897.9 million of its shares for $9.5 billion during 2023. The shares were bought in both the …
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(Reuters) – OpenAI’s annualized revenue recently topped $1.6 billion on strong growth from its ChatGPT product, up from $1.3 billion as of mid-October, the Information reported on Saturday citing people …
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(Reuters) -UnitedHealth Group said on Friday it had agreed to sell its operations in Brazil to the founder and former CEO of health insurance firm Qualicorp José Seripieri Filho. Last …
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TALLAHASSEE, FL — In a momentous announcement today, the Florida Lottery revealed that Saltines Holdings, LLC has claimed the record-breaking $1.6 billion MEGA MILLIONS jackpot. The drawing, which took place …
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Signa Development files for insolvency with $1.3 billion in debts -KSV
by Reutersby ReutersFRANKFURT (Reuters) -Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts of around 1.16 billion euros ($1.28 billion), …
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(Reuters) – Air Methods, a private equity-owned medical helicopter company, said on Thursday it has emerged from bankruptcy nearly two months after it filed for Chapter 11 bankruptcy protection. The …
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Remittances from Nicaraguan migrants mark new record, passing $4 billion
by Reutersby ReutersSAN JOSE (Reuters) – Nicaraguan migrants sent relatives back home record remittances this year through November, data from the country’s central bank showed on Wednesday, fueled by massive waves of …