(Reuters) – China’s Ant Group has announced a surprise share buyback that values the fintech giant at $78.5 billion, well below the $315 billion touted in an abandoned IPO in …
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Hong Kong raises maximum mortgage available for homes valued up to $3.8 million
by Reutersby ReutersBy Clare Jim and Twinnie Siu HONG KONG (Reuters) -Hong Kong is raising the cap on loan-to-value (LTV) ratio for properties worth up to HK$30 million ($3.83 million) for self-use …
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Rothschild family buys 8.2 million shares of Paris-listed investment bank
by Reutersby Reuters(Reuters) – Concordia said on Thursday it had acquired all the shares it was permitted to acquire of Rothschild & Co, paving the way for the Rothschild family’s holding company …
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DeSantis Campaign Raises $20 Million In Second Quarter, Trailing Trump’s Haul
DeSantis Campaign Raises $20 Million In Second Quarter, Trailing Trump’s Haul Mary Lou Masters on July 6, 2023 Florida Gov. Ron DeSantis raised $20 million in the second fundraising quarter …
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CHESWICK, PA -The Pennsylvania Lottery announced that an individual in Allegheny County has claimed a $1 million prize from the $1 Million? Seriously Scratch-Off game. The winning ticket was purchased …
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Lackawanna Food Mart sells million dollar lottery ticket
Middletown, PA – The Pennsylvania Lottery has announced that a lucky winner in Lackawanna County has claimed a $1 million prize from the $1 Million? Seriously Scratch-Off game. The winning …
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Columbus, OH – A fortunate resident of Ohio is now the proud owner of a winning Powerball ticket worth $1,000,000 from the July 5 drawing. The winning ticket was purchased …
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Berlusconi’s Mafia-tainted friend ‘in tears’ after 30 million euro bequest
by Reutersby ReutersROME (Reuters) – A man convicted of colluding with the Mafia, who was a close friend of Silvio Berlusconi, said on Thursday he was moved to tears by the late …
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Australian broker Openmarkets fined $3 million for ‘market integrity’ violations
by Reutersby Reuters(Reuters) – Openmarkets Australia Ltd was fined a record A$4.5 million ($2.99 million) after a panel found the retail broker in violation of numerous market integrity rules, the country’s corporate …
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Trump Rakes In $35 Million In Second-Quarter Fundraising
Trump Rakes In $35 Million In Second-Quarter Fundraising Arjun Singh on July 5, 2023 Former President Donald Trump raised $35 million in the second quarter of 2023 for his 2024 …
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Governor Kathy Hochul has announced the availability of $33.5 million to increase support for LGBTQ+ New Yorkers, with a focus on transgender, non-binary, and gender non-conforming communities. The funding includes …
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Hochul announces $200 million for marijuana equity fund
Governor Kathy Hochul has announced that Chicago Atlantic Admin, LLC (“Chicago Atlantic”) will invest up to $150 million in the New York State Cannabis Social Equity Investment Fund. This investment …
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China automaker BYD to invest $620 million in Brazil industrial complex
by Reutersby ReutersSAO PAULO (Reuters) – Chinese automaker BYD on Tuesday said it will invest 3 billion reais ($620.17 million) in a new industrial complex in northeastern Brazil, as it aims to …
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Samsung Biologics unveils $920 million manufacturing deals for Pfizer
by Reutersby ReutersSEOUL (Reuters) – South Korea’s Samsung Biologics announced on Tuesday two deals with Pfizer worth around a combined 1.2 trillion won ($921.38 million) to manufacture products for the U.S. pharmaceutical …
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Exclusive-Video-sharing website BitChute seeks to raise $10 million in new funding round
by Reutersby ReutersBy Helen Coster NEW YORK (Reuters) – Video-sharing website BitChute is raising $10 million in Series A funding at a valuation of $750 million to $1 billion, according to one …
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BNSF Railway wins new trial over $228 million jury award in biometric data case
by Reutersby ReutersBy Mike Scarcella (Reuters) – A U.S. judge on Friday ordered a new trial on damages against BNSF Railway in a privacy class action, in a ruling that wiped out …
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Convicted Lakewood Scammer Admits to $21.7 Million Healthcare Fraud
Newark, N.J. – Alexander Schleider, a 57-year-old resident of Lakewood, New Jersey, has admitted his involvement in a durable medical equipment kickback scheme, according to U.S. Attorney Philip R. Sellinger. …
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Former Ohio House speaker sentenced to 20 years over $60 million bribery plot
by Reutersby ReutersBy Kanishka Singh WASHINGTON (Reuters) – Former Ohio House of Representatives Speaker Larry Householder was sentenced on Thursday to 20 years in prison after being convicted earlier this year of …
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(Reuters) – Social media company Snap Inc said on Thursday its subscription service, Snapchat+, hit 4 million members since its launch last year in June. Snapchat+ gives subscribers access to …
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Authentic Brands raises $500 million in funding from General Atlantic
by Reutersby Reuters(Reuters) -Authentic Brands Group has raised $500 million from its existing investor General Atlantic, bringing the private equity firm’s investment in the apparel chain operator to nearly $2 billion. The …
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Taxpayers To Give Prisoners $130 Million Worth Of College Aid
Taxpayers To Give Prisoners $130 Million Worth Of College Aid Will Kessler on June 28, 2023 An expansion of federal student aid for the 2023-2024 academic year will cost taxpayers …
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Trafigura sued for $8.4 million by firm owned by tycoons Reuben Brothers
by Reutersby ReutersBy Eric Onstad LONDON (Reuters) – Hyphen Trading Ltd, owned by property and metals tycoons the Reuben brothers, has demanded $8.4 million in damages from commodity trader Trafigura in a …
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Mexico’s Nuvocargo snags $36.5 million in investment tied to US-Mexico trade
by Reutersby ReutersBy Valentine Hilaire MEXICO CITY (Reuters) – Mexican shipping startup Nuvocargo announced on Tuesday it had raised $36.5 million in a new round led by QED Investors, as nearshoring offer …
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AI model startup Reka raises $50 million led by DST Global Partners
by Reutersby ReutersBy Krystal Hu (Reuters) -Reka, an AI model startup founded by former researchers from Alphabet’s DeepMind, has raised $50 million in a fresh round of funding from investors including Yuri …
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ACI Worldwide fined $25 million for multibillion-dollar mortgage payment ‘fiasco’
by Reutersby Reuters(Reuters) – The top U.S. consumer finance watchdog on Tuesday said it had fined the Nebraska payment processor ACI Worldwide $25 million for improperly processing more than $2 billion in …