Billion

NEW YORK (Reuters) – Emerging markets debt and stock portfolios drew in $43.4 billion from foreign investors in November, the largest net amount since January, even as China posted another …

(Reuters) -Elon Musk’s social media platform X’s 2023 ad sales are projected to fall to about $2.5 billion, Bloomberg News reported on Tuesday. Several companies including Comcast and Walt Disney …

By Carolina Mandl (Reuters) -Billionaire Ken Griffin’s Citadel is planning to give back about $7 billion in profits to investors after a year of double-digit returns, a source familiar with …

(Reuters) – U.S. investment giant Blackstone and data-center firm Digital Realty will create a joint venture that will spend $7 billion on developing data centers, the companies said on Thursday. …

By Bhanvi Satija and Khushi Mandowara (Reuters) – AbbVie’s decision to buy Cerevel Therapeutics before key data on the drug developer’s experimental schizophrenia treatment may have helped it avoid a …

MOSCOW (Reuters) – Russia’s central bank on Thursday said exporters had increased foreign currency sales to $13.9 billion in November from $12.5 billion in October, as capital controls forced the …

(Reuters) – Mastercard on Tuesday said its board had approved a new share repurchase program, authorizing the company to buy back up to $11 billion of its Class A shares. …

BOGOTA (Reuters) – Colombia will need to cut spending in 2024 by 23 trillion pesos, some $5.75 billion, to comply with its fiscal rule, a committee said on Tuesday, amid …

(Reuters) – Office rental firm IWG said on Tuesday it will resume regular dividend payouts and set a medium-term core profit target of $1 billion, betting on permanent hybrid work …

(Reuters) – Canada’s main oil-producing province Alberta on Thursday forecast an increased surplus of C$5.5 billion ($4.06 billion) for the 2023/24 fiscal year, fuelled by strong bitumen royalties and higher …

SAO PAULO (Reuters) – Nestle said on Wednesday it will invest about 6 billion reais ($1.23 billion) in Brazil by the end of 2025 as it aims to grow its …

By Nell Mackenzie LONDON (Reuters) – Investors pulled a net $7.6 billion from the hedge fund industry in October, particularly from low performing stock pickers as many of these funds …

By Toby Sterling AMSTERDAM (Reuters) -Prosus NV, a large technology investor, said on Wednesday its core headline earnings increased 118% in the first half of 2024, citing improved profitability in …

MADRID (Reuters) – The Spanish government has approved two loans totalling 3.15 billion euros ($3.46 billion) to a consortium developing fighter jets within the international Eurofighter programme, the industry ministry …

By Victoria Klesty and Terje Solsvik OSLO (Reuters) -Norway’s $1.5 trillion sovereign wealth fund, the world’s largest, should include private equity investments in its portfolio, allocating up to $70 billion, …

By Tommy Wilkes and Simon Jessop LONDON (Reuters) – Allianz Global Investors and Dutch development bank FMO have agreed one of the largest “blended finance” funds on record, raising $1.1 …

BENGALURU (Reuters) – Tesla is ready to invest up to $2 billion to set up a factory in India if the government cuts import duty on its vehicles to 15% for the …

TOKYO (Reuters) – Japan passed on Friday an extra budget worth around 13.1 trillion yen ($88 billion) aimed at helping households cope with the rising cost of living and corporations …

By Lewis Jackson SYDNEY (Reuters) – The long-term value of hotly contested $10.6 billion takeover target Origin Energy has been muddied by a government plan to accelerate the rollout of …