TECHS-NEWS.COM: World News - Latest of The Day 09:00, 2019-06-12

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

French technology company Dassault Systemes has agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a record deal for Dassault worth $5.8 billion on an enterprise value basis....

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

Source: reuters.com

Dassault Systemes to buy Medidata Solutions in $5.8 bln deal French technology company Dassault Systemes said it had agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a deal worth $5.8 billion on an enterprise value basis....
07:45, 2019-06-12

France’s Dassault to acquire Medidata for $5.8 billion French software company Dassault Systems says it will buy U.S.-based Medidata Solutions for $5.8 billion in cash. Dassault said Wednesday that it was offering of $92.25 for each share of Medidata, slightly less than its $94.75 closing price on Tuesday. Medidata shares dipped about 4% in premarket tr...
13:00, 2019-06-12

France's Dassault nears deal to buy healthcare software maker Medidata: CNBC French technology company Dassault Systemes SE is nearing a deal to acquire U.S.-based software firm for clinical trials Medidata Solutions Inc to boost its life sciences unit, CNBC reported on Tuesday, citing people familiar with the matter....
01:30, 2019-06-12

IBM to win unconditional EU okay for $34 billion Red Hat deal: sources U.S. tech giant International Business Machines Corp is set to secure unconditional EU approval for its $34 billion bid for software company Red Hat, people familiar with the matter said on Wednesday....
18:30, 2019-06-19

Bulgaria sees F-16 jet deal with U.S. at $1.2 billion NATO member Bulgaria expects the United States to offer to sell it eight new F-16 fighter jets for its air force at a discounted price of $1.2 billion, the defence ministry said on Tuesday....
17:30, 2019-06-04

Pentagon gets 8.8% discount in $34 billion F-35 jet deal The U.S. Department of Defense has a "handshake" agreement with Lockheed Martin Co to cut 8.8 percent from the price of its latest order of F-35A fighter jet, shaving a year from the time frame in which each aircraft will cost less than $80 million, a Pentagon official said on Monday....
01:45, 2019-06-11

Salesforce to buy Tableau Software in $15.3 billion deal Salesforce.com said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company’s history. Tableau shareholders will get 1.103 Salesforce shares, valuing the offer at $177.88 per share, which represents a premium of ...
17:15, 2019-06-10

EU clears Vodafone's $22 billion Liberty deal Brussels gave its blessing to Vodafone's $22 billion purchase of Liberty Global's cable networks in Germany and central Europe, clearing the way for the British company to become Europe's largest mobile, broadband and TV provider....
15:00, 2019-07-18

Infineon to Buy Cypress Semiconductors in $10 Billion Deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the US maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt....
17:45, 2019-06-03

Pepsi Expands in Africa With $1.7 Billion Deal PepsiCo has agreed to pay $1.7 billion to buy South Africa’s Pioneer Foods, as the beverage giant looks to expand and accelerate its growth in sub-Saharan Africa....
14:00, 2019-07-19

IBM gains unconditional EU approval for $34 billion Red Hat deal U.S. tech giant International Business Machines Corp on Thursday won unconditional EU antitrust approval for its $34 billion acquisition of software company Red Hat ....
18:45, 2019-06-27

Blackstone Strikes $18.7 Billion Deal for U.S. Warehouse Network Blackstone is buying a network of U.S. industrial warehouses for $18.7 billion, in the largest private real-estate transaction ever that represents a bet on the continued explosion of e-commerce....
03:15, 2019-06-03

Performance Food Acquires Reinhart in $2 Billion Deal Food distributor Performance Food Group has agreed to acquire privately held rival Reinhart Foodservice for $2 billion in a bid to build scale and tackle rising costs....
17:01, 2019-07-01

IBM closes $34 billion deal to buy Red Hat to boost cloud business International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc , as it looks to ramp up its cloud computing business....
23:15, 2019-07-09

Exclusive: FIS to win EU approval for $35 billion Worldpay deal: sources U.S. financial services provider Fidelity National Information Services Inc (FIS) is set to gain unconditional antitrust approval from the European Union for its $35 billion bid for payments company Worldpay , people familiar with the matter said on Monday....
22:15, 2019-07-01

U.S. lawmakers reach $19 billion deal on disaster aid: senators U.S. House of Representatives and Senate negotiators have reached a deal on a $19.1 billion disaster aid bill that has President Donald Trump's support, senators from both parties said on Thursday....
20:45, 2019-05-23

Oxford University Signs $5 Billion Deal With Investor The University of Oxford signed a deal with U.K. insurer and asset manager Legal & General to provide $5 billion in funding over 10 years to build graduate student housing, subsidized accommodation for university staff and income-generating science parks....
21:01, 2019-06-27

UPDATE 2-Bulgaria approves $1.26 billion deal to buy U.S. F-16 aircraft Bulgaria's government agreed with the United States on Wednesday to buy eight new Lockheed Martin F-16 fighters for its air force for $1.256 billion, the defence ministry said, its biggest military purchase since the fall of Communism....
15:45, 2019-07-10

UPDATE 1-Bulgaria approves $1.26 billion deal with US to buy F-16 aircraft Bulgaria's government approved a deal on Wednesday with the United States to buy eight new Lockheed Martin F-16 fighters for its air force for $1.256 billion, the defence ministry said, its biggest military purchase since the fall of Communism....
13:45, 2019-07-10

Gilead deepens Galapagos ties with $5.1 billion deal Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday....
03:30, 2019-07-15

Microsoft, AT&T sign cloud deal worth more than $2 billion Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft's Azure cloud service for its computing needs and use Microsoft 365, which includes Office productivity software, for much of its 268,000-strong workforce....
17:30, 2019-07-17

Infineon digs deep to buy Cypress in $10 billion deal Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt, sending shares in the German company sharply lower on concerns over the cost....
14:30, 2019-06-03

Lego family, Blackstone take Merlin private in $7.5 billion deal Lego's founding family and private equity firm Blackstone are taking Britain's Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner at $7.5 billion....
20:00, 2019-06-28

Billionaire Patrick Drahi snaps up Sotheby's in $3.7 billion deal Patrick Drahi, the billionaire behind telecoms and media group Altice, agreed on Monday to buy Sotheby's in a deal worth $3.7 billion, marking the storied art auction house's return to private ownership after 31 years....
19:15, 2019-06-17

Nexon founder scraps what could have been $16 billion gaming deal: sources Nexon Co founder Jungju Kim has abandoned plans to sell a controlling stake in its parent NXC, two sources with direct knowledge of the matter said, scuppering a potentially $16 billion deal that would have been the gaming sector's biggest....
08:45, 2019-07-09

Bloomberg: Dish is close to a $6 billion deal with Sprint and T-Mobile Over the last couple of weeks, we've heard that getting DoJ approval for T-Mobile's proposed $26 billion purchase of Sprint will require making moves to create a new national wireless carrier as a competitor. That could be achieved by selling off Boo......
19:00, 2019-06-19

Sotheby’s to go private in deal valuing action house at $2.66 billion Patrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby’s in a deal valuing it at $2.66 billion. Sotheby’s said it had signed a definitive agreement to be acquired by BidFair USA, an acquisition vehicle set up by Drahi, that had ...
18:15, 2019-06-17

Global Payments, Total System to Combine in $21.5 Billion Deal Global Payments and Total System Services agreed to combine in an all-stock transaction valued at roughly $21.5 billion, the latest in a string of deals involving large financial technology firms....
15:30, 2019-05-28

Infineon revs up auto business with $10 billion Cypress deal Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, in an expensive move by Europe's largest chip-maker to expand further in next-generation automobiles and Internet technologies....
17:15, 2019-06-03

Pfizer bolsters cancer portfolio with $10.64 billion deal for Array Pfizer Inc on Monday struck a deal to buy Array Biopharma Inc for $10.64 billion in cash to expand its portfolio of potentially lucrative cancer drugs....
17:15, 2019-06-17

Art Collector Patrick Drahi to Take Sotheby's Private in $2.7 Billion Deal French billionaire Patrick Drahi is buying Sotheby’s for $2.7 billion, ending the storied auction house’s 31-year run as a public company as it seeks to expand its digital business....
22:15, 2019-06-17

Billionaire Patrick Drahi agrees to buy Sotheby's in $3.7 billion deal Patrick Drahi, the billionaire behind telecoms and media group Altice, agreed on Monday to buy historic art auction house Sotheby's in a deal worth $3.7 billion on an enterprise value basis....
17:15, 2019-06-17

Explainer: Why is Huawei seeking $1 billion patent deal with Verizon? Huawei is demanding Verizon Communications Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company's strategy for the U.S. market....
13:45, 2019-06-14

UPDATE 1-Microsoft, AT&T sign cloud deal worth more than $2 billion Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft's Azure cloud service for its computing needs and use Microsoft 365, which includes Office productivity software, for much of its 268,000-strong workforce....
17:30, 2019-07-17

Infineon acquires Cypress Semiconductor in deal valued at $10 billion Infineon has agreed to buy Cypress Semiconductor in a deal that values the chipmaker at $10 billion and continues a trend of consolidation in the industry.Read More...
18:00, 2019-06-03

Investors pull more than $20 billion from stocks on 'trade deal trauma': BAML Global equities have seen outflows of $20.5 billion in the past week as "trade deal trauma" pushed more money into bonds, Bank of America Merrill Lynch said on Friday, the latest sign of how growing......
20:30, 2019-05-21

Sotheby's Sold To French Billionaire Patrick Drahi In $3.7 Billion Deal French telecoms and media mogul Patrick Drahi is acquiring Sotheby's auction house, one of the world's biggest art brokers, in a $3.7 billion deal, the British-founded company announced Monday....
00:15, 2019-06-18

Australian property firm LendLease lands $15 billion deal with Google Australian construction firm LendLease Group on Thursday said it has secured a contract from Alphabet Inc's Google to jointly undertake development of properties worth $15 billion in the U.S. state of California....
03:15, 2019-07-18

German Chip Maker Infineon Buys U.S. Rival in $9.4 Billion Deal German chip maker Infineon Technologies said it would acquire Cypress Semiconductor in a multi-billion dollar deal, the latest in a series of transactions that have been reshaping the industry....
15:30, 2019-06-03

France seals 1.2 billion euro navy ship deal with Romania France's defense ministry said on Wednesday that defense firm Naval Group had won a 1.2 billion euro ($1.35 billion) contract to build four Gowind navy corvettes for Romania, as it looks to ensure security in the Black Sea....
16:30, 2019-07-03

Roche, Spark push back takeover deadline in $4.3 billion deal Roche and Spark Therapeutics agreed to extend the deadline for the Swiss drugmaker's $4.3 billion takeover bid for the U.S. gene therapy specialist, Roche said, adding it remains "fully committed" to a deal it sees closing this year....
22:15, 2019-07-08

Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma Pfizer Inc on Monday said it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader in colon cancer and build up its pipeline of oncology drugs....
19:15, 2019-06-17

Global Payments nearing $20 billion deal to buy Total System: source Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc (TSYS) for about $20 billion in an all-stock deal, a source familiar with the matter said on Friday....
21:30, 2019-05-24

Making Data Coherent Drives Salesforce’s $15.3 Billion Deal for Tableau Salesforce’s deal to buy the business tools maker Tableau, its largest ever acquisition, was pushed by the need to make business information understandable....
00:30, 2019-06-11

Dish Network nearing $6 billion deal for T-Mobile-Sprint assets: Bloomberg Satellite TV provider Dish Network Corp is in talks to buy the wireless assets of T-Mobile US Inc and Sprint Corp for at least $6 billion, Bloomberg reported on Tuesday, citing people familiar with the matter....
22:15, 2019-06-18

Dish reportedly in talks to buy Boost; $6 billion deal could allow T-Mobile to merge with Sprint This week could be a very pivotal one for the $26.5 billion T-Mobile-Sprint merger. With FCC approval in the bag, the Department of Justice will reportedly sign off on the transaction this week. The DOJ has been against the deal since the beginning, fearing that by reducing the number of major carri...
03:30, 2019-06-19

Salesforce to acquire data analytics platform Tableau in $15.7 billion all-stock deal Salesforce is buying data analytics company Tableau in an all-stock deal worth around $15.7 billion, just days after Google purchased Tableau rival Looker.Read More...
15:30, 2019-06-10

Gilead to Boost Stake in Belgian Biotech Galapagos as Part of $5.1 Billion Deal Gilead Sciences will pay $5.1 billion to lift its stake in Galapagos NV and gain rights outside Europe to the Belgian biotechnology company’s treatments in development....
05:45, 2019-07-15

Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources U.S. casino operator Eldorado Resorts Inc has agreed to acquire Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday....
22:01, 2019-06-23

T-Mobile and Sprint May Offload $6 Billion in Assets to Dish As Part of Merger Deal With DOJ Dish Network Corp. is “in talks” to buy up assets that T-Mobile and Sprint are planning to sell off in order to have their terrible merger approved by antitrust authorities, Bloomberg reported on Tuesday.Read more......
08:15, 2019-06-19

Puerto Rico's oversight board strikes $35 billion restructuring deal with commonwealth's bondholders The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general obligation or "GO" bonds, and a 27% haircut on public authority bonds that carry a constitutional guarantee on payment....
10:30, 2019-06-17

Salesforce stock drops sharply after announcing $15.3 billion Tableau deal, biggest in its history Salesforce finally pulled the trigger on a deal it's been considering for some years, but investors weren't happy. It's expected to impact full-year EPS by $0.37 to $0.39....
18:15, 2019-06-10

Exclusive: Exxon's $53 billion Iraq deal hit by contract snags, Iran tensions - sources Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost Iraq's oil output at its southern fields, a milestone in the company's ambitions to expand in the country....
13:00, 2019-06-21

Banks readying 2.5 billion euro loan in TIM-Vodafone Italy tower deal: sources A group of banks is set to lend Telecom Italia unit INWIT up to 2.5 billion euros ($2.8 billion) to help it merge its towers with those of Vodafone, two sources said....
18:30, 2019-07-01

Carl Icahn Sues Occidental, Calling $38 Billion Anadarko Deal 'Fundamentally Misguided' Activist investor Carl Icahn sued Occidental Petroleum, calling its $38 billion deal to buy Anadarko Petroleum “fundamentally misguided” and saying a sale of Occidental might be better for shareholders....
07:45, 2019-05-31

Monte dei Paschi ends debt collection deal to sell 3 billion euros in bad loans Monte dei Paschi di Siena said on Sunday it had been forced to end early a 10-year bad loan management contract so that it could have more freedom in selling off bad debts in a worsening economic environment....
22:15, 2019-06-30

Lego clan, Blackstone take Madame Tussauds owner Merlin private in $7.5 billion deal Lego's founding family and private equity firm Blackstone are taking Britain's Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner at $7.5 billion....
15:15, 2019-06-28

Google's $2.6 billion Looker deal gets it into Santa Cruz, a beach town with lots of tech talent Looker gives Google easier access to tech talent on a remote edge of Silicon Valley, and one of the few San Francisco Bay Area locations where it has little real estate: Santa Cruz....
03:45, 2019-06-11

Best MDM solutions in 2019 The use of mobile devices within a corporation has become an ordinary part of modern business, but having so many devices operating both within and outside the company offices can be a real headache to manage.This is especially because of the security risk they pose, as one lost cell phone with acce...
21:30, 2019-06-15

Global Payments, TSYS merge in $21.5 billion deal as fintech, payments market evolves to be software driven The idea is that the combination of Global Payments and TSYS will have a software stack and developers to better compete in omnichannel, e-commerce and digital payments....
20:30, 2019-05-28

House clears $4.6 billion measure to deal with migrant crisis at southern border, sending measure to President Trump WASHINGTON (AP) — House clears $4.6 billion measure to deal with migrant crisis at southern border, sending measure to President Trump. The post House clears $4.6 billion measure to deal with migrant crisis at southern border, sending measure to President Trump appeared first on LEX18.com....
00:45, 2019-06-28

Today's most innovative enterprise solutions Max Wessel spoke with TechRepublic at the 2019 SAP SAPPHIRE NOW conference about the most beneficial enterprise solutions organizations should be using....
19:30, 2019-05-21

Not enough resettlement solutions for refugees worldwide, says UN Despite record numbers of people forcibly displaced across borders, with 1.2 million in need of a new permanent place to call home last year, the UN refugee agency (UNHCR) released new data on Tuesday showing that only 55,700 of them – 4.7 per cent – were able to be resettled in 2018....
16:15, 2019-05-21

K Flay: Solutions review – reasons to be cheerful (Night Street/Interscope)Joining the many trying to find hard-won notes of positivity amid climate catastrophe and political car crashes, Illinois native Kristine Flaherty has dedicated her third album to mustering “green lights, brighter views… to pull me through”, as she puts it on Good News, whic...
17:15, 2019-07-08

11 Genius Storage Solutions to Organize Your Home We love these products, and we hope you do too. E! has affiliate relationships, so we may get a small share of the revenue from your purchases. Items are sold by the retailer, not E!. You......
14:01, 2019-06-23

U.S. eases restrictions on Huawei for uses to find new solutions The U.S. Department of Commerce has granted temporary trade exemptions concerning Chinese telecom company Huawei, allowing companies that use its services to find other solutions....
17:15, 2019-05-21

Tel Aviv museum showcases climate change solutions The "Fridays for Future" protests have reinvigorated the debate on climate change around the world. An exhibition in Tel Aviv now shows how cities can use innovative technologies to limit the effects of global warming....
16:30, 2019-07-22

Rep. Crenshaw slams AOC, Democrats on border crackdown: 'They don't want solutions' Rep. Alexandria Ocasio-Cortez, D-N.Y. is using the border crisis to call President Trump evil not to find real solutions, Rep. Dan Crenshaw, R-Texas told Fox News....
15:45, 2019-07-22

Philadelphia Energy Solutions files for bankruptcy after refinery fire Philadelphia Energy Solutions (PES) filed for Chapter 11 bankruptcy protection, the company said on Monday, its second such filing in less than two years, after a fire last month prompted it to close the largest refinery on the U.S. East Coast....
18:00, 2019-07-22

Alberta institute wants to share Indigenous solutions to handling wildfires A study based at an institute in Canmore will look to limit and cope with wildfire by studying how First Nations managed fire, modernizing traditional stories from Indigenous elders....
02:00, 2019-05-22

Fire forces Philadelphia Energy Solutions to file for bankruptcy again Philadelphia Energy Solutions (PES) filed for its second Chapter 11 bankruptcy in less than two years on Sunday, a court filing showed, a month after a fire and explosion led to the permanent shutdown of the biggest oil refinery on the U.S. East Coast....
14:45, 2019-07-22

Shipping companies sue Philadelphia Energy Solutions for $600,000 in unpaid bills Three Greek shipping companies sued U.S. refiner Philadelphia Energy Solutions Inc (PES) for about $600,000, claiming the company did not pay them for fees incurred by crude oil tankers chartered earlier this year, court documents showed....
02:15, 2019-07-23

| Vatican seeks 'effective solutions' for Frenchman in vegetative state The Vatican has called for "effective solutions" to protect the life of a Frenchman living for years in a vegetative state, hours after a court told doctors to resume his life support....
11:15, 2019-05-22

Hong Kong’s Leader Offers No Solutions After Night of Violence Hong Kong leader Carrie Lam failed Monday to allay public anger over violent attacks in the city overnight, condemning what she called “riotous” protesters who vandalized a Chinese government building before expressing “regret” that a gang of men armed with rods and cudgels a...
13:30, 2019-07-22

The Best Camp Lighting Solutions to Brighten Dark Nights Outdoors My fondest camping memories from when I was a kid involve this old green lantern my parents always set on the picnic table. It used kerosene and mantles to produce light, and I have vivid memories of my dad telling us kids to “Stand back!” every time he lit the lantern for fear the thing would unint...
02:15, 2019-07-03

BS6 Car Components And Powertrain Solutions To Be Delivered From September 2019: Continental Continental is targeting to be ready with its technology a little ahead of the deadline and supply it to OEMs in a bid to give them more time for installation and tuning which ultimately will ensure......
11:30, 2019-06-13

West Indies Must Find World Cup Solutions, Not Excuses, Says Coach West Indies started their campaign in England in impressive style, beating Pakistan by seven wickets but have since lost to Australia, England and Bangladesh....
17:45, 2019-06-18

These firms promise high-tech ransomware solutions—but typically just pay hackers Enlarge / Cryptolocker was one of the ransomware pioneers, bringing together file encryption and bitcoin payment. (credit: Christiaan Colen / Flickr) This story was originally published by ProPublica. It appears here under a Creative Commons license. From 2015 to 2018, a strain of ransomware...
14:38, 2019-05-21

With companies AI-washing products, how can buyers find true AI-powered solutions? Various vendors tout security products as incorporating Artificial Intelligence, with practical results not different than what came before it. What is needed to deploy AI in security products?...
05:00, 2019-07-13

'Massive' fire burns out of control at Philadelphia Energy Solutions refinery A fire was burning out of control at an oil refinery in Pennsylvania on Friday morning, a Philadelphia fire department official said, as local media reported a series of explosions on site....
12:45, 2019-06-21

Mexico faces headwinds to growth as oil production slows -Fitch Solutions Mexico will face "significant headwinds" for economic growth, as slowing activity in its oil and gas sector weighs on industrial production, Fitch Solutions Macro Research said on Friday....
02:15, 2019-07-13

Philadelphia Energy Solutions shutting down remaining refinery units: source Philadelphia Energy Solutions' 335,000 barrel-per-day (bpd) refinery began permanently shutting its remaining refinery units on Monday, said a source familiar with plant operations. The shutdown will finish in a few days....
02:15, 2019-07-23

Inference Solutions partners with Pizza Hut Australia to answer calls with chatbots San Francisco-based Inference Solutions has teamed up with Pizza Hut Australia to deploy intelligent call center agents that route customers.Read More...
07:00, 2019-07-11

Chewy stock IPO raises more than $1 billion. Values company at $8.8 billion Chewy.com, the online pet product retailer owned by PetSmart, priced its IPO at $22 per share Thursday, above the expected range.       ...
17:15, 2019-06-14

Trump's Mideast envoy slams UN over 'Band-Aid' solutions to Israel-Palestinian conflict The Trump administration's chief negotiator for the Israeli-Palestinian conflict delivered a blunt message to the United Nations Security Council Wednesday, asserting that it is time “to move past Band-Aid solutions" and claiming that the U.N. agency to support Palestinian refugees had "failed" in i...
08:15, 2019-05-23

Boeing's Tapestry Solutions announces $259M military aircraft software contract Boeing's Tapestry Solutions division announced a 10-year, $259 million contract to provide Weapon Planning Software to the U.S. military and its allies....
23:00, 2019-05-29

‘Bicycle Kingdom’ makes a comeback, as China seeks solutions to tackle air pollution crisis Cars have replaced bicycles as the primary means of transport in many Chinese cities but, with air pollution a major problem for the country, the bike is making a comeback, thanks to digital technology, and some 21st Century thinking....
03:30, 2019-06-04

Protests, violence in Haiti prompts international call for ‘realistic and lasting solutions’ to crisis Opposition-led protests in Haiti calling for the president to step down, which sparked violence last week, have prompted a group of senior diplomats, included the top UN official there, to issue a statement deploring the loss of life and calling for dialogue to end the crisis. ....
14:32, 2019-05-21

Qatar says economic conditions for Israeli-Palestinian peace require 'fair political solutions' Qatar said on Friday that economic development needed for Israeli-Palestinian peace could not be achieved without "fair political solutions" acceptable to Palestinians, referring to a U.S. plan set to be unveiled next month....
00:45, 2019-05-25

UN ‘financial crisis,’ years in the making, Guterres tells budget body, proposes solutions The UN’s financial crisis has been years in the making and is undermining the organization’s mandates and reform efforts, Secretary-General António Guterres told the Fifth Committee  ¬̶  the body responsible for the United Nations budget  ¬̶  on Tuesday....
20:45, 2019-06-05

‘The green economy is the future,’ UN chief says in Beijing, urging climate solutions that strengthen economies, protect the environment Winning the race against climate change to keep our planet livable and on a healthy trajectory requires action rooted in sustainable solutions aligned with the Paris Agreement and the UN-driven 2030 Agenda for sustainable development, Secretary-General António Guterres said on Saturday....
14:45, 2019-05-21

Wednesday’s Daily Brief: Sudan, Libya, Yemen updates, solutions for e-waste, flood response in Iran, online security for children At the top of the news agenda on Wednesday: updates on violence in Sudan’s Darfur and in Libya, how e-waste can become an employment opportunity, help for the 2 million affected by floods in Iran, and efforts to make the internet safer for children....
18:15, 2019-05-21

Lab-grown meat, GMOs, high-tech ag: 'Fate of Food' explores solutions to global food crisis Amanda Little explores how we'll feed the world when there too many mouths to feed amid intensifying climate change.        ...
23:30, 2019-06-06

Deal: Apple Watch Series 4 LTE killer deal drops price to all-time low Prices for the newest Apple smartwatch start at $400, but the cheapest model doesn't come with cellular support. However, for $100 extra, anyone can buy an Apple Watch Series 4 (GPS + cellular) and pair it with any of the major carriers in the US, including AT&T, Sprint, T-Mobile and Verizon. Unsurp...
09:30, 2019-06-21

| WATCH | Jeremy Corbyn: Hunt and Johnson are perusing post no-Deal Brexit trade deal with Trump UK Labour leader Jeremy Corbyn has accused Conservative leadership candidates Jeremy Hunt and Boris Johnson of using the possibility of a no-deal Brexit as a way to form a new trade agreement with Donald Trump's US administration. WATCH NOW....
09:30, 2019-07-15

Deal: Apple iPad mini 5 deal gets you $70 off a new model The iPad mini series is great for mobility, it's smaller than a regular tablet and slightly larger than the biggest smartphone. The iPad mini tablets were so loved by Apple fans that the Cupertino-based company had to bring back the lineup by popular demand.One of the most recent tablets launched by...
03:30, 2019-06-19

Britain's Malthouse says: We want a Brexit deal but should prepare for no deal British Housing Minister Kit Malthouse, who has put himself forward as a candidate to replace Prime Minister Theresa May, said he wanted a Brexit deal but that preparations should begin in earnest for a no-deal exit....
10:45, 2019-05-28

This Pokémon Let's Go Bundle Deal Is the Very Best, Like No Deal Ever Was If you’re super hyped about last night’s Pokémon news and it’s given you a reason to want to buy Pokemon: Let’s Go, Pikachu!, Walmart has a great deal on the bundle. Right now, Pokemon: Let’s Go, Pikachu! w/ Poke Ball is just $79, or $20 off its regular price....
21:45, 2019-05-29

The UK after May: no-deal, new deal, socialism - or no Brexit? The end of Theresa May's premiership will usher in an even more turbulent phase of Britain's exit from the European Union as any new leader is likely to seek to strike a tougher divorce deal, and there could be an election within months....
18:30, 2019-05-23

Brexit news latest: MPs to launch fresh bid to block no-deal… as Boris Johnson insists he's 'not bluffing' about quitting without a deal MPs are set to launch a fresh bid to block a no-deal Brexit as Boris Johnson insisted that he is not bluffing over his commitment to take the UK out of the EU without a deal....
20:16, 2019-07-07

Deal or no deal, US needs Mexicans Trump has used tariffs as a stick to threaten the US's trading partners into submission, as in his spat with Mexico. But if the US cuts immigration from its southern neighbors, who will do the jobs Americans don't want?...
16:30, 2019-06-10

The Man With the $13 Billion Checkbook How Darren Walker, a gay black man who grew up poor in Texas, came to be one of the best connected people in New York City. And what that means for the future of philanthropy....
12:00, 2019-07-12

Broadcom to Take $2 Billion Hit From Huawei Ban Broadcom said it would make $2 billion less in annual sales than expected following the U.S. ban on exports to Chinese telecom giant Huawei Technologies....
03:00, 2019-06-14

U.S. to Sell $150 Billion in Debt The U.S. Treasury Department will auction $150 billion in securities next week, comprising $74 billion in new debt and $76 billion in previously sold debt....
04:15, 2019-06-07

Slack Listing Likely to Value It at Up to $17 Billion Slack is expected to be valued by investors at $16 billion to $17 billion when it lists its shares publicly next week, according to people familiar with the matter....
13:30, 2019-06-13

PG&E to pay $1 billion to governments for wildfire damage SAN FRANCISCO (AP) — A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to local governments. Attorneys representing 14 local public entities announced the settlement with Pacific Gas & Electric on Tuesday to co...
00:15, 2019-06-19

The Company IBM's Buying For 34 Billion Dollars International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business....
20:30, 2019-07-09

Microsoft to invest $1 billion in OpenAI Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial intelligence supercomputing technologies on Microsoft's Azure cloud computing service....
18:00, 2019-07-22

Treasury to Sell $203 Billion in Debt The U.S. Treasury Department will auction $203 billion in securities next week, comprising $149 billion in new debt and $54 billion in previously sold debt....
21:45, 2019-05-23

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released about its finances: they can’t stop, won’t stop losing so much freaking money....
08:30, 2019-05-31

With $1 Billion From Microsoft, an A.I. Lab Wants to Mimic the Brain OpenAI, now managed by start-up guru Sam Altman, wants to create a machine that can do anything the human brain can do. Skeptics wonder if it is possible....
16:15, 2019-07-22

Huawei says U.S. ban will cost it $30 billion in sales The Trump administration last month barred companies from selling U.S. technology to Huawei amid fears that the company could tap into and monitor sensitive U.S. communications through its network technology....
16:45, 2019-06-17

Over $1 billion of cocaine seized in Philadelphia U.S. authorities seized more than $1 billion worth of cocaine Tuesday from a ship at a Philadelphia port, calling it one of the largest drug busts in American history. (June 18)        ...
08:45, 2019-06-19

Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion Canada's Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to buy U.S. freight railroad owner Genesee & Wyoming Inc for about $6.4 billion in cash....
02:30, 2019-07-02

U.S. demands $12.7 billion in judgment against 'El Chapo' U.S. authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin "El Chapo" Guzman to forfeit $12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this year....
02:30, 2019-07-06

UN to appeal for $1.2 billion to help 5 million Palestinians The head of the U.N. agency for Palestinian refugees says he hopes donors will be as generous this year as they were last year after the United States cut all funding for the $1.2 billion program to help some 5 million Palestinians...
05:00, 2019-06-22

Volkswagen’s $17 Billion Change of Direction The car giant is finally putting its faith in the wonders of the capital markets with its Traton trucks IPO. If only Germany’s citizens would do the same. ...
13:15, 2019-06-14

CBS unlikely to pay Lionsgate’s $5.5 billion price tag for Starz Lionsgate’s chances of selling its Starz TV network to CBS for $5.5 billion just shrank — by about $2 billion. Investors in the film studio behind “The Hunger Games” made it abundantly clear this week that they don’t see CBS writing a $5 billion-plus check to Lionsgate to acquire Starz, the station ...
14:45, 2019-05-25

Treasury to Sell $113 Billion in Debt The U.S. Treasury Department will auction $113 billion in securities next week, comprising $62 billion in new debt and $51 billion in previously sold debt....
19:15, 2019-06-13

Boeing 737 Max Troubles Add Up: $8 Billion and Counting The company, which had already announced $1 billion in costs from the jet’s grounding after two crashes, added $5.6 billion to compensate airlines and $1.7 billion due to a production slowdown....
05:15, 2019-07-19

More than €10 Billion Traded on Bats LIS Since Launch LONDON – 26 September 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today reported that more than €10 billion has executed on Bats LIS, its block trading platform powered by BIDS technology, since its launch less than 10 months ago....
02:30, 2019-05-22

Fireworks sales to top $1.3 billion in 2019 The fireworks business receives most of its revenue in the leadup to the Fourth of July holiday. That revenue has surged recently.       ...
02:00, 2019-07-03

Treasury to Sell $112 Billion in Debt The U.S. Treasury Department will auction next week $112 billion in securities, comprising $76 billion in new debt and $36 billion in previously sold debt....
20:30, 2019-07-11

How the Promise of a $120 Billion Uber I.P.O. Evaporated Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setback after setback and ultimately resulted in pointed questions for all involved....
15:45, 2019-05-21

StockX Is Latest $1 Billion Unicorn StockX, an online marketplace that lets individuals trade sneakers like stocks, closed a round of venture funding that valued the startup at more than $1 billion, riding the sneaker-reselling craze fueled by teens....
21:00, 2019-06-27

Salesforce's $15.7 billion Tableau acquisition: Everything you need to know Salesforce's purchase of Tableau is a strategic play to be combine enterprise data on one platform. Here's a look at the strategic rationale, wild cards, and what it means for customers....
18:45, 2019-06-10

U.S. Threatens Further Tariffs on $4 Billion of EU Goods The U.S. has widened its threat to impose tariffs against the European Union, pending the outcome of a World Trade Organization case over subsidies to the airplane manufacturer Airbus....
22:15, 2019-07-02

Raytheon Is the $50 Billion Finishing Touch For United Technologies, a merger with the defense giant will replenish revenue it’s losing in a breakup and mark the capstone of a dramatic makeover....
23:45, 2019-06-09

WSJ: Facebook reaches $5 billion FTC settlement The inevitable has happened for Facebook. After weeks of reports that the company was working to settle with the Federal Trade Commission (FTC) over its privacy practices, the two parties have finally come to an agreement. The Wall Street Journal rep......
22:45, 2019-07-12

US consumer borrowing up $17.5 billion in April WASHINGTON (AP) — Consumer borrowing accelerated in April to the fastest pace in five months as a rebound in credit card usage offset slower demand for auto and student loans. The Federal Reserve says borrowing increased by $17.5 billion. That is up from March’s $11 billion advance and marks t...
21:30, 2019-06-07

This app has saved Americans $10 billion on prescriptions so far Start-up GoodRx is upending pharmacies with an app that gives users real-time drug prices at 70,000 locations nationwide. It was ranked No. 6 on the 2019 CNBC Disruptor 50 list....
16:45, 2019-05-21

Microsoft posts a record $29.1 billion Q1. Same old, same old (credit: Julien GONG Min / Flickr) Microsoft has posted the results of the first quarter of its 2019 financial year, which runs up until September 30, 2018. Revenue was $29.1 billion, up 19 percent year on year, to set a new record for the company's first quarter. Operating income rose 29 percent ...
14:38, 2019-05-21

EU regulators to decide on IBM's $34 billion Red Hat bid by June 27 EU antitrust regulators will decide by June 27 whether to clear U.S. tech giant International Business Machines Corp's $34 billion bid for software company Red Hat....
17:45, 2019-05-21

Cisco to Buy Acacia Communications for About $2.6 Billion Cisco Systems is buying Acacia Communicationsm a maker of high-speed, optical interconnect technologies, for about $2.6 billion, or $70 a share, looking to meet rising demands on performance of networking gear....
18:00, 2019-07-09

World population to reach 9.7 billion by 2050 — UN The United Nations predicts that half of this growth will take place in only nine countries, as the world is getting older overall. India is projected to become the world's most-populated country by 2027....
14:30, 2019-06-18

Slack IPO starts trading at $38.50 for $23 billion valuation Slack's IPO started with a bang as the first trade was priced at $38.50, giving the company a $23 billion valuation, well above the expected $16 billion.Read More...
21:30, 2019-06-20

Population Of Earth To Reach 9.7 Billion In 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United Nations report released Monday said....
07:30, 2019-06-18

PG&E to float $31 billion restructuring plan: Bloomberg Power producer PG&E Corp will propose a $31 billion bankruptcy restructuring plan that will include two funds worth a total of $34 billion to cover past and future wildfire claims, Bloomberg reported https://twitter.com/scottdeveau/status/1142117995680030720 on Friday....
15:45, 2019-06-22

Bids in Germany's 5G auction already top 6 billion euros Germany's auction of frequencies for fifth-generation mobile services, now into its 10th week, has drawn 6 billion euros ($6.7 billion) in bids so far....
19:15, 2019-05-23

Callon Petroleum to Buy Carrizo Oil for $1.2 Billion in Stock Callon Petroleum has said it would buy Carrizo Oil & Gas Inc. for $1.2 billion in stock as the oil company seeks to build scale in key production areas in Texas, including in the Permian Basin and Eagle Ford shale production areas....
19:45, 2019-07-15

FTC Approves Roughly $5 Billion Facebook Settlement The Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook over a long-running probe into the tech giant’s privacy missteps, according to a person familiar with the matter....
22:45, 2019-07-12

Applied Materials to Buy Kokusai Electric From KKR for $2.2 Billion Applied Materials said it is acquiring Kokusai Electric, a producer of semiconductor manufacturing equipment, for $2.2 billion from global investment firm KKR....
16:45, 2019-07-01

Facebook plans its own currency for 2 billion-plus users SAN FRANCISCO (AP) — Facebook is launching a new digital currency to make e-commerce accessible to more people around the world. The social media giant is announcing Libra, a cryptocurrency it is creating with more than two dozen partners including Uber, PayPal, Visa and Spotify. The digital currenc...
13:15, 2019-06-18

Apple’s $3 billion purchase of Beats has already paid off "Oh shit, the Forbes list just changed," Tyrese Gibson proclaimed in a 2014 Facebook video. "The first billionaire in hip-hop, right here from the motherfucking West Coast," Dr. Dre chimed in....
02:15, 2019-05-29

Sri Lanka In Talks With China For $1 Billion Loan Sri Lanka is seeking a loan of nearly $1.0 billion from China for energy and highways as the island recovers from the devastating Easter Sunday bombings, the finance ministry said Thursday....
22:00, 2019-06-20

PG&E agrees to pay $1 billion to governments for wildfire damage SAN FRANCISCO (AP) — A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to local governments. Attorneys representing 14 local public entities announced the settlement with Pacific Gas & Electric on Tuesday to co...
03:45, 2019-06-19

DowDuPont to take $800 million to $1.3 billion charge in the second quarter DowDuPont said it expects to book an pretax charge of $800 million to $1.3 billion for the April-June quarter, resulting from changes in valuation of assets in the wake of a drop in ethanol prices and weak demand for its biomaterial products....
13:45, 2019-05-29

PG&E to pay $1 billion to local governments for catastrophic wildfires California utility Pacific Gas and Electric has agreed to pay $1 billion to 14 local governments for igniting several devastating wildfires that destroyed thousands of homes and nearly wiped out one town. ...
07:45, 2019-06-19

WeWork lost $1.9 billion last year, but it's considering going public The We Company, parent company of WeWork, is the latest in a string of richly valued start-ups set to go public this year. But though it is valued at $47 billion, it's far from turning a profit. Instead, it's hemorrhaging cash....
14:38, 2019-05-21

Germany's Metro says $6.6 billion bid undervalues company Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders on Sunday to hold off on taking action until management comments further....
18:15, 2019-06-23

Trump announces $16 billion in aid for U.S. farmers hit by trade war The package announced at the White House is bigger than last year's $12 billion in emergency aid for farmers and ranchers caught in tariff showdowns....
02:45, 2019-05-24

Mozambique seeks $3.2 billion to recover from cyclones Mozambique says it needs $3.2 billion to recover from a pair of tropical cyclones that ripped into the southern African nation this year and killed more than 600 people....
13:15, 2019-05-30

Mozambique Says It Needs $3.2 Billion to Recover After Deadly Cyclones (JOHANNESBURG) — Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern African nation earlier this year and left hundreds dead, raising alarm about the effects of climate change on coastal nations. That’s according to a g...
17:30, 2019-05-30

Salesforce to Buy Analytics Platform Tableau for More Than $15 Billion Salesforce.com agreed to buy data-analytics platform Tableau Software for more than $15 billion in stock, a deal aimed at expanding the business-software firm’s digital offerings beyond customer-relationship management tools....
19:30, 2019-06-10

Americans to spend $1 billion on beer this 4th of July Nevada will become the first state to ban employers from rejecting job applicants because of failed drug tests. Veuer’s Natasha Abellard has the story.       ...
23:45, 2019-07-03

Palestinians reject US's €50 billion peace plan Palestinian officials have described as "abstract promises" a new $50 billion investment plan for the Palestinian economy. The Palestinian Authority will boycott a two-day peace conference in Bahrain next week....
01:00, 2019-06-23

Lawmakers pass $11.8 billion Arizona budget PHOENIX (AP) – The Latest on action at the Arizona Legislature as members rush to adjourn for the year (all times local): 9:15 p.m. Arizona has a new $11.8 billion budget after lawmakers overcame tense infighting among Republicans, who hold narrow majorities in the House and Senate. Budget bil...
18:00, 2019-05-28

| Population of Earth to reach 9.7 billion in 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United Nations report released Monday said....
00:45, 2019-06-19

Facebook has taken down over 2 billion fake accounts in 2019 Facebook took down 2.19 billion fake accounts during the first quarter of 2019, the company has announced. In addition to that, Facebook said it disabled 1.2 billion fake accounts in Q4 2018. These numbers are quite staggering when you consider that......
22:15, 2019-05-23

Earth’s water came from a collision 4 billion years ago Water arrived on Earth at exactly the same time that the moon was created over 4 billion years ago, according to a new study. This phenomenon is thought to have happened when an “ancient planet” called Theia smashed into Earth. Planetologists at the University of Münster in Germany have ...
22:30, 2019-05-23

NASA estimates it will need up to $30 billion for moon landing NASA has touted its bold plan to return American astronauts to the moon by 2024 for months. Now we're starting to get an idea of how much it will cost....
19:45, 2019-06-14

Facebook’s Getting Slapped With a $5 Billion FTC Privacy Settlement The U.S. Federal Trade Commission approved a record privacy settlement against Facebook requiring the social media company to pay about $5 billion to resolve an investigation stemming from the Cambridge Analytica data scandal. The FTC’s settlement was approved by a vote of 3-2, according to tw...
01:30, 2019-07-13

Salesforce bets on big data with $15.3 billion Tableau buy Salesforce.com Inc agreed on Monday to buy big data firm Tableau Software Inc for $15.3 billion, adding muscle in its fight with Microsoft Corp for a bigger share of the market that helps businesses target customers with tools to analyze and visualize data....
22:15, 2019-06-10

NXP to buy Marvell's WiFi, Bluetooth business for $1.76 billion Dutch chipmaker NXP Semiconductors NV said on Wednesday it will buy Marvell Technology Group Ltd's wireless connectivity business for $1.76 billion in cash to offer its customers a bigger product portfolio....
04:15, 2019-05-30

U.S. clears SoftBank's $2.25 billion investment in GM's Cruise SoftBank has come under increasing U.S. scrutiny over its ties to Chinese firms in the face of an escalating trade and technology war between Washington and Beijing....
22:45, 2019-07-06

Crackdown targets scammers behind 1 billion robocalls Federal authorities announced a major crackdown on dozens of robocallers responsible for about 1 billion robocalls. The effort, dubbed “Operation Call it Quits,” included actions by the Federal Trade Commission and 25 additional federal, state and local agencies, to target spam call oper...
04:30, 2019-06-28

How China Is Planning to Rank 1.3 Billion People China has a radical plan to influence the behavior of its 1.3 billion people: It wants to grade each of them on aspects of their lives to reflect how good (or bad) a citizen they are. Versions of the so-called social credit system are being tested in a dozen cities with the aim of eventually creatin...
12:00, 2019-06-04

Cyprus says it stands to gain $9 billion from gas field NICOSIA, Cyprus (AP) — Cyprus’ energy minister says the east Mediterranean island nation stands to gain more than $9 billion over 18 years from the export of gas from its offshore ‘Aphrodite’ field. Georgios Lakkotrypis said Wednesday that a renegotiated contract with the consortiu...
13:00, 2019-06-05

FTC to Announce $5 Billion Facebook Settlement as Soon as This Week The Federal Trade Commission is expected to announce as soon as this week a settlement with Facebook over the company’s privacy practices, according to people familiar with the matter....
19:45, 2019-07-22

Constitutionality of $16 billion of Illinois bonds challenged The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance budget deficits, according to a court filing on Monday....
04:00, 2019-07-02

Study finds that a GPS outage would cost $1 billion per day Enlarge / The first of the Air Force's new GPS 3 satellites launches on a SpaceX Falcon 9 rocket in December, 2018. (credit: SpaceX) Since becoming fully operational in 1995, Global Positioning System technology has become widely adopted in the United States and abroad. The concept of satellite-ba...
19:00, 2019-06-14

US seeks $12.7 billion from drug lord 'El Chapo' Citing years of narcotics trafficking, US prosecutors have called for "El Chapo" to forfeit billions in drug money. But his lawyer dismissed the request, saying "the government has never located or identified a penny."...
17:30, 2019-07-06

Cboe FX Reports Record ADV of $42.6 Billion in January NEW YORK and LONDON – 5 February 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced its foreign exchange (FX) market, Cboe FX, reported record spot average daily volume (ADV) of $42.6 billion in January, surpassing its...
02:30, 2019-05-22

Trump signs $4.6 billion border aid package President Donald Trump signed a $4.6 billion aid package on Monday to help the federal government cope with the surge of Central American immigrants at the U.S.-Mexico border. (July 1)        ...
08:30, 2019-07-02

Startup that owns TikTok now has one billion users ByteDance, the Beijing-based startup behind popular short video platform TikTok, has amassed more than one billion monthly active users across its apps....
05:00, 2019-06-21

Huawei Expects $30 Billion Revenue Hit From U.S. Clampdown The U.S. campaign against Huawei Technologies is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two years....
13:01, 2019-06-17

What a $20 billion week signals for data and analytics When $20 billion gets spent to acquire two companies in the same market segment within a few days, it's clear that a fundamental market shift is upon us.Read More...
04:00, 2019-06-17

India's PNB says detects 38 billion rupee fraud India's state-run Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 million) in Bhushan Power & Steel Ltd's account to the country's central bank....
21:30, 2019-07-06

One in a billion: Why Virat Kohli represents a 'new India' In a country where cricket's unifying importance is tantamount to that of religion, the role of leading India into a World Cup comes with a certain divinity -- both an unrivaled privilege and the not insubstantial pressure of carrying the weight of a nation's expectations on your shoulders....
13:30, 2019-05-22

US threatens EU with $4 billion worth of additional tariffs Just days after reaching a truce over trade with China, the US government on Monday increased pressure on Europe in a long-running dispute over aircraft subsidies....
13:00, 2019-07-02

Shell Avoids Hard Promises on That $125 Billion Investment and debt-reduction demands will persist, and the need for M&A can’t be ruled out. Investors should be grateful for the dividend they’ve got....
20:45, 2019-06-04

The Latest: House OKs $19.1 billion disaster aid bill WASHINGTON (AP) — The Latest on the House vote on a $19.1 billion disaster aid bill (all times local): 7 p.m. The House has given final approval to a long-delayed $19.1 billion disaster aid bill. That clears the way for the measure to be sent to President Donald Trump for his expected signature. The...
02:15, 2019-06-04

UK's Reckitt Benckiser to pay up to $1.4 billion to end Indivior probe Britain's Reckitt Benckiser (RB) said it would pay up to $1.4 billion to resolve all U.S. federal investigations into the firm in connection with the sales and marketing of Suboxone Film by its former prescription pharmaceuticals business Indivior....
13:45, 2019-07-11

PG&E in talks with lawmakers on $11 billion fund: Bloomberg Troubled power utility company PG&E Corp has spoken to lawmakers for arranging about $11 billion fund to settle claims related to wildfires, Bloomberg reported on Wednesday....
00:15, 2019-06-06

Brazil's Bolsonaro says government must cut another 2.5 billion reais President Jair Bolsonaro said on Saturday that Brazil's federal government will need to cut its budget by 2.5 billion reais ($667 million) next week, website UOL reported, as weak economic growth continues to squeeze revenue....
22:45, 2019-07-20

U.S. seeks $12.7 billion from ‘El Chapo’ — the value of all the drugs he trafficked The sum represents the total amount of cocaine, marijuana and heroin that a jury found Guzman to have trafficked, multiplied by the average prices of those drugs, according to a filing by prosecutors in Brooklyn federal court....
05:30, 2019-07-06

NBA free agency: Roughly $3 billion spent on Day 1 The first day of NBA free agency was one of the wildest in recent memory, as roughly $3 billion — yes, billion — in new contract money was agreed to.       ...
17:15, 2019-07-01

Huawei's US ban may cost $30 billion, but it vows to rebound If you were wondering what the short-term cost of America's war with Huawei was, then your estimates can begin at the $30 billion mark. That's the figure Huawei chief Ren Zhengfei mentioned earlier today when discussing the hit his company will take......
21:45, 2019-06-17

IBM closes $34 billion Red Hat acquisition: Now it's time to deliver Red Hat is now part of IBM and the two companies made sure customers, developers and partners all knew about the commitment to open source, developer programs and multi-cloud deployments....
20:30, 2019-07-09

5G auction in Germany raises €6.5 billion from four telcoms After hundreds of rounds of bidding over nearly three months, Germany raised more than expected from its 5G spectrum auction. Auction winners will have to supply households with fast internet and share their networks....
05:15, 2019-06-13

Trump Threatens China With Further $300 Billion Of Tariffs U.S. President Donald Trump threatened to hit China with "at least" another $300 billion of tariffs but said he thought both China and Mexico wanted to make deals in their trade disputes with the......
12:45, 2019-06-06

For 5G, AT&T and T-Mobile buy $1.8 billion worth of 24GHz spectrum across US Enlarge (credit: Getty Images | SOPA Images) AT&T and T-Mobile committed to spend nearly $1.8 billion, combined, on high-frequency spectrum for their 5G networks in a Federal Communications Commission auction that sold airwave licenses covering the whole US. Verizon committed to spend $506 million...
01:00, 2019-06-06

Billion-year-old fossils may be early fungus Enlarge (credit: Loron, et. al.) When did the first complex multicellular life arise? Most people, being a bit self-centered, would point to the Ediacaran and Cambrian, when the first animal life appeared and then diversified. Yet studies of DNA suggest that fungi may have originated far earlier t...
00:45, 2019-05-23

U.S. might spend up to $1 billion to make U.S. networks 100% Huawei-free FCC Commissioner Geoffrey Starks, a Democrat, was confirmed by the Senate in January to that position joining fellow lefty Jessica Rosenworcel to make up the 2-3 minority on the regulatory agency. In an interview with CNET, Starks says that not only should the U.S. continue to prevent Huawei network...
13:01, 2019-06-23

ERAPSCO awarded $1.04 billion U.S. defense contract -Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday to produce air-launched, expendable sonobuoys used in anti-submarine warfare, the Pentagon said....
04:45, 2019-07-19

Alibaba mulls second listing to raise $20 billion: Bloomberg Alibaba Group Holding Ltd is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday, citing unnamed people with knowledge of the matter....
00:45, 2019-05-28

Microsoft's 'blow out' quarter beats projections by $1 billion Microsoft beat analysts' revenue projections by nearly $1 billion when it announced earnings for the fourth quarter of its 2019 fiscal year, as its cloud division Azure continues its path of strong expansion....
08:30, 2019-07-19

Boeing takes $5.6 billion revenue hit to compensate 737 Max customers The financial toll of the jet's grounding is starting to add up for Boeing, which has frozen sales of its flagship aircraft since regulators issued a global grounding of the plane in March....
02:45, 2019-07-19

Naspers Listing Looks to Unlock Value in $122 Billion Tencent Stake Africa’s most valuable company said it will move forward with plans to list its massive internet assets in Amsterdam, a bid to reduce the discount its shares trade at relative to the value of its $122 billion stake in Tencent....
14:30, 2019-05-29

Trump says Pentagon’s $10 billion cloud contract should be investigated. Again. The president said on July 18 that he had received numerous complaints about a not-yet-awarded Pentagon cloud computing contract that could go to Amazon Web Services....
02:45, 2019-07-19

Here’s how much Binance paid to move $1.26 billion worth of Bitcoin Cryptocurrency exchange Binance moved a gut-wrenching $1.26 billion worth of Bitcoin today – and it paid just $124.60 in network fees for the service. The epic transfer was signaled by Binance CEO Changpang Zhao earlier this morning in a tweet. We will be moving some funds between our cold wallets. ...
17:45, 2019-05-29

Slack Skyrockets to $21 Billion Valuation After Unusual Listing (Bloomberg) — A parade of initial public offerings from Silicon Valley this year have garnered mixed receptions from investors. Slack Technologies Inc. took a different route on Thursday, and saw its shares soar as it went public without an IPO. Slack opened at $38.50 on the New York Stock Exc...
23:45, 2019-06-20

California governor proposes a $21 billion wildfire fund California Governor Gavin Newsom has proposed helping utilities create a fund of up to $21 billion to compensate future victims of wildfires sparked by the companies' equipment or employees, an aide said on Friday....
06:45, 2019-06-22

US Approves Potential $2.2 Billion Weapons Sale To Taiwan The US State Department has approved the potential sale to Taiwan of $2.2 billion in arms, including Abrams tanks and Stinger missiles, the Pentagon said on Monday....
12:15, 2019-07-09

Disaster aid bill worth $19.1 billion blocked again in House The U.S. House of Representatives on Tuesday failed again to pass a $19.1 billion disaster aid bill supported by President Donald Trump after a Republican lawmaker objected to the measure....
21:00, 2019-05-28

PepsiCo to buy South Africa's Pioneer Food for $1.7 billion PepsiCo has struck a deal to buy South Africa's Pioneer Food Group for $1.7 billion, the companies said on Friday, lifting Pioneer's shares and boosting a sector that has been hit by drought and tough trading conditions....
13:15, 2019-07-19

Trump says looking closely at Amazon's bid on $10 billion Pentagon contract U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon.com's bid on a $10 billion cloud contract with the Defense Department after getting complaints from other tech companies....
22:45, 2019-07-18

Airtel Africa Plans London IPO To Cut $16 Billion Debt In February, Airtel unveiled plans to raise as much as Rs 32,000 crore for a war chest to take on Jio as well as to prepare for an impending 5G airwaves auction....
11:00, 2019-05-29

FDA approves ‘female Viagra,’ could tap potential $1 billion market Vyleesi, chemically known as bremelanotide, activates pathways in the brain involved in sexual desire, helping premenopausal women with hypoactive sexual desire disorder (HSDD)....
04:00, 2019-06-22

Slack starts trade with surge, valued at more than $23 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, debuted in public trading at a price of $38.50 each, valuing the company at more than $23 billion, well above the $16 billion reference point set by the New York Stock Exchange....
19:30, 2019-06-20

China needs nearly $440 billion to clean up rural environment: report China will need to spend 3 trillion yuan ($440 billion) over three years to improve village sanitation and clean up its heavily polluted rural environment, the official People's Daily reported on Saturday, citing government officials....
14:15, 2019-06-22

ERAPSCO awarded $1.04 billion U.S. defense contract: Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday to produce air-launched, expendable sonobuoys used in anti-submarine warfare, the Pentagon said....
07:45, 2019-07-19

Microsoft Word smashes billion installs on Android Microsoft Word has been downloaded and installed more than one billion times on Google Play, joining a very small club of non-Google or Facebook-owned apps that have hit that target. What makes this feat even more incredible is that Google Docs (and the rest of Google Suite) is already installe...
17:45, 2019-07-15

WeWork looking for $2.75 billion credit line ahead of IPO: Bloomberg Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter....
23:45, 2019-05-29

Raytheon Is United Technologies’ $50 Billion Finishing Touch For United Technologies, a merger with the defense giant will replenish revenue it’s losing in a breakup and mark the capstone of a dramatic makeover....
04:45, 2019-06-10

China June trade surplus with U.S. rises 11% to $29.92 billion China's trade surplus with the United States, a major source of friction with its biggest trading partner, rose 11% in June to $29.92 billion from $26.9 billion in May, customs data showed on Friday....
14:15, 2019-07-12

Colorado passes $1 billion in marijuana state revenue Colorado just reached $1 billion in total marijuana state revenue. Total marijuana sales have surpassed $6.5 billion since the state legalized cannabis in 2014....
22:30, 2019-06-12

Huawei asks Verizon to pay over $1 billion for over 230 patents: source Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion, a person briefed on the matter said on Wednesday....
23:30, 2019-06-12

Google to buy analytics software firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian....
19:00, 2019-06-06

Trump to decide on $300 billion China tariffs after G20 meeting U.S. President Donald Trump said on Thursday he would decide whether to carry out his threat to hit Beijing with tariffs on at least $300 billion in Chinese goods after a meeting of leaders of the world's largest economies late this month....
19:00, 2019-06-06

California lawmakers poised to approve $214.8 billion budget SACRAMENTO, Calif. (AP) — California lawmakers are poised to approve a framework for a $214.8 billion budget that seeks to address a teacher shortage and bolster the state’s top firefighting agency following the most devastating wildfire season in state history. State law requires lawmakers to...
07:45, 2019-06-13

Trump threatens China with tariffs on further $300 billion of goods U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States....
14:00, 2019-06-06

Trump threatens China with tariffs on a further $300 billion of goods U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States....
10:45, 2019-06-06

Huawei reportedly asks Verizon to pay more than $1 billion for over 230 patents Huawei has told Verizon that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion....
20:30, 2019-06-13

Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out of the company carried out an illegal scheme to boost sales of an opioid addiction treatment....
20:30, 2019-07-11

Reckitt to pay $1.4 billion to end opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to end U.S. federal investigations into the marketing of an opioid addiction treatment by its former business Indivior, lifting a cloud that has been hanging over the British company for years....
18:45, 2019-07-11

Google appeals $1.7 billion EU fine over restrictive ad contracts As was expected, Google is appealing a €1.49 billion ($1.7 billion) fine laid against it by the European Commission related to its AdSense advertising business. Antitrust officials found that, in contracts with major sites between 2006 and 2016,......
18:15, 2019-06-05

Georgia stands to lose $9.2 billion in Hollywood business Initially, Georgia Gov. Brian Kemp dismissed the Hollywood actors criticizing the so-called heartbeat abortion bill he signed in early May as "C-list celebrities."...
11:30, 2019-06-07

Magna opens $1.38 billion paint shop in Slovenia The paint shop, which complements contract vehicle production at a Magna Steyr plant in Graz, Austria, started test runs in March. The new plant currently employs 200 people and is poised to employ an additional 200 workers....
04:15, 2019-07-16

Facebook agrees to pay FTC $5 billion fine for various privacy violations Due to a slew of privacy violations, Facebook finally reached a settlement agreement with the Federal Trade Commission (FTC) that will see the social networking giant pay a fine of $5 billion. Hardly a surprise, Facebook warned investors of the potential fine in the $3 billion to $5 billion range du...
22:45, 2019-07-12

US FTC Said to Approve $5-Billion Facebook Fine Over Privacy Issues The US Federal Trade Commission approved a roughly $5 billion settlement with Facebook this week over its investigation into the social media company's handling of user data....
13:45, 2019-07-13

UK’s Johnson threatens to withhold $50 billion Brexit payment Boris Johnson, the leading candidate to succeed Theresa May as Britain's next prime minister, said he would withhold a previously agreed 39 billion pound ($50 billion) Brexit payment until the European Union gives Britain better exit terms....
16:30, 2019-06-09

Roche's $4.3 billion Spark bid delayed again amid U.S., UK scrutiny Swiss drugmaker Roche's $4.3 billion takeover of U.S. gene therapy specialist Spark Therapeutics has been pushed back again, possibly beyond the first half, as regulators continue to scrutinize the deal for its effect on competition....
09:45, 2019-06-10

UK tech created 13 'billion dollar' startups in 2018 The UK technology sector produced 13 "unicorn" companies - firms privately valued at more than $1bn (£784 million) - over the past year, taking its overall total to 72....
15:00, 2019-06-10

$5 Billion US Fine Set For Facebook On Privacy Probe: Report US regulators have approved a $5 billion penalty to be levied on Facebook to settle a probe into the social network's privacy and data protection lapses, the Wall Street Journal reported Friday....
06:15, 2019-07-13

Salesforce to buy big data firm Tableau Software for $15.3 billion Salesforce.com Inc said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company's history....
19:00, 2019-06-10

United Technologies, Raytheon merging into $120 billion firm United Technologies agreed on Sunday to combine its aerospace business with US contractor Raytheon and create a new company worth about $121 billion, in what would be the sector’s biggest ever merger. The deal would reshape the competitive landscape by forming a conglomerate which spans commercial a...
19:00, 2019-06-10

Facebook faces $5 billion fine over privacy violations US regulators have reportedly voted to fine Facebook $5 billion for data breaches. The social network landed in hot water last year amid allegations it shared users' personal information with Cambridge Analytica....
02:15, 2019-07-13

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild....
01:45, 2019-07-13

Facebook is staring down a record-setting $5 billion fine The fine, which is massive by any yardstick, still represents less than one month's revenue for the social media titan.       ...
18:30, 2019-07-15

The U.S. Army Once Kept $1 Billion Worth of LSD in a Maryland Office for Some Reason James Ketchum, an Army psychiatrist who conducted controversial drug experiments on members of the U.S. military, died last month, on May 27, at the age of 87. And while Ketchum’s legacy is filled with plenty of weird and horrifying tales, there’s one story that should get more attention in the wake...
22:00, 2019-06-07

Roche names new head of $13 billion diagnostics unit Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim head of Swiss engineering group ABB....
09:00, 2019-06-11

Bayer to invest 5 billion euros in weedkiller research Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it would invest 5 billion euros ($5.64 billion) in weedkiller research....
11:30, 2019-06-14

Senators grill FTC over reported $5 billion Facebook settlement Facebook's reported $5 billion settlement with the FTC isn't even official yet, but that isn't stopping politicians from bristling at it. Senators Richard Blumenthal, Josh Hawley and Ed Markey (pictured) have sent a letter to the FTC requesting answ......
22:15, 2019-07-16

Man Who Lost $35 Billion In One Year Has Some Advice For Elon Musk Walking down a busy street in Rio de Janeiro one recent afternoon, we bumped into the Brazilian who is best known for losing $35 billion in a single year. After initially trying to deflect questions,......
22:45, 2019-06-01

Anadarko approves $20 billion LNG export project in Mozambique U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie....
22:15, 2019-06-18

Google Makes Housing Commitment Valued at $1 Billion Google said it would commit $1 billion to boost housing construction in the San Francisco Bay Area, the latest in a series of commitments by tech companies to address an affordability crisis in the region....
00:00, 2019-06-19

The new front in Trump's trade war could cost consumers at least $93 billion Based on 2018 trade numbers, it would equate to a tax on U.S. consumers that would start at $18.6 billion and escalate to about $93 billion. Those figures, while a baseline from which to measure, don't take into account all the impact....
20:15, 2019-05-31

Walmart Got A $10 Billion (Happy) Surprise After Buying Flipkart Walmart debated for months whether to keep funding the payments business internally or whether to separate the operation so it could raise outside funds....
14:45, 2019-07-10

Monthly US trade deficit rises slightly to $72.1 billion The U.S. Census Bureau reported Thursday that the international trade deficit in goods rose to $72.1 billion in April, up a marginal 0.3% from March's level of $71.9 billion according to an "advance look" at the data. The shift was due to exports dropping at a faster rate than imports....
10:30, 2019-05-31

South Korea's Korean Air to buy 30 Boeing 787 planes for $9.67 billion South Korea's biggest carrier Korean Air Lines said on Wednesday it has signed a memorandum of understanding to buy 30 Boeing planes for $9.67 billion....
02:15, 2019-06-19

U.S. seizes $1 billion worth of cocaine from ship in Philadelphia Federal authorities seized 16.5 tons of cocaine worth more than $1 billion from a ship in Philadelphia in one of the largest drug seizures in U.S. history, the U.S. Justice Department said on Tuesday....
04:15, 2019-06-19

PG&E Reaches $1 Billion Settlement With Paradise, California Governments PG&E has agreed to pay $1 billion to a range of California cities, counties and other government entities to settle claims related to taxpayer losses caused by three devastating fires in the state....
06:45, 2019-06-19

New Zealand Unveils New "Wellbeing" Budget With $2.5 Billion Spending New Zealand on Thursday unveiled a $2.5-billion-dollar spending package under its 'wellbeing' budget, prioritising mental health and alleviating child poverty, as it rolled out a new approach to......
11:15, 2019-05-30

U.S. foreign arms sales hit $44.15 billion in first three quarters of FY2019 The Pentagon's Defense Security Cooperation Agency (DSCA) has executed $44.15 billion in U.S. foreign arms sales through June 19, and the agency's director said he was optimistic the total for the full year would reach last year's $55.66 billion....
00:15, 2019-06-20

Donors pledge $1.2 billion to rebuild Mozambique after cyclones: U.N. International donors pledged to contribute $1.2 billion to help rebuild areas and infrastructure destroyed by cyclones Kenneth and Idai in Mozambique, according to the United Nations, less than half the amount the government says is needed....
14:15, 2019-06-02

Google wants next billion users, but has no plans to launch in China Google CEO Sundar Pichai said his company doesn't have plans to launch in China, but that doesn't mean the tech giant wants to ignore its hundreds of millions of Internet users....
05:00, 2019-06-18

Sotheby's snapped up by French tycoon Drahi for $3.7 billion Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby's in a deal worth $3.7 billion, marking the art auction house's return to private ownership after 31 years....
00:30, 2019-06-18

UN: World population expected to rise to 9.7 billion in 2050 UNITED NATIONS (AP) — The United Nations says the world’s population is getting older and growing at a slower pace but is still expected to increase from the current 7.7 billion to 9.7 billion in 2050. The U.N. Department of Economic and Social Affairs’ Population Division said in a repo...
19:45, 2019-06-17

Bayer to invest $5.6 billion in new weed killing methods BERLIN (AP) — German chemical and pharmaceutical company Bayer says it plans to invest some 5 billion euros ($5.6 billion) over the next decade in developing “additional methods to combat weeds.” Friday’s announcement came as Bayer is engaged in legal battles in the U.S. in which p...
11:45, 2019-06-14

Volkswagen to invest up to 4 billion euros in digital transformation Volkswagen will invest up to 4 billion euros over the years to 2023 to digitalize its administration and production, the German carmaker said on Wednesday, adding that up to 4,000 jobs in non-production units could be cut....
12:00, 2019-06-05

Bayer to invest $5.6 billion in weedkiller research to help reputation Germany's Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, saying it would invest 5 billion euros ($5.6 billion) in weedkiller research....
19:15, 2019-06-14

Boeing wins $6.5 billion U.S. defense contract -Pentagon Boeing Co has been awarded a $6.5 billion U.S. defense contract for Joint Direct Attack Munition tail kits, spares, repairs and technical services, the Pentagon said on Friday. (Reporting by Eric Beech; Editing by David Alexander)...
02:30, 2019-06-15

NASA reminds everyone it still needs another $30 billion for Trump’s Moon mission So, NASA wants to go back to the Moon. It’s wanted to do it for a while now and has been slowly piecing together how such a trip might happen, but that was before the current administration ordered NASA to get boots on the moon by 2024 or else. Now, with a drastically shortened timeline, NASA ...
03:30, 2019-06-15

Pakistan To Get $3.4 Billion In Budgetary Aid From Asian Development Bank Pakistan will receive $3.4 billion in budgetary support from the Asian Development Bank (ABD), the de facto finance minister said on Saturday, as the government seeks help to overcome a ballooning......
19:45, 2019-06-15

U.S. Reaches $1.4 Billion Opioid-Drug Settlement With U.K.'s Reckitt U.K. consumer-goods company Reckitt Benckiser is set to pay $1.4 billion to settle all U.S. investigations into the sales and marketing of an opioid-addiction treatment made by a former subsidiary....
10:45, 2019-07-11

Huawei CEO says U.S. ban hit harder than expected, warns of $100 billion revenue dip Huawei CEO Ren Zhengfei said the impact of a U.S. ban on the Chinese company was more severe than expected, warning that revenue could dip by $100 billion.Read More...
14:30, 2019-06-17

Huawei founder: US crackdown will cost the company $30 billion Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than forecast over the next two years.       ...
14:30, 2019-06-17

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company's founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year....
17:15, 2019-06-17

Sotheby’s Auction House to Be Taken Private in $3.7 Billion Sale Patrick Drahi’s acquisition of the auction house, which has struggled to turn a profit recently, will return it to private ownership after 31 years of being publicly traded....
18:30, 2019-06-17

German chipmaker Infineon to buy US rival Cypress for €9 billion Infineon, Germany's largest chip manufacturer, is on the verge of making its biggest-ever acquisition. The move comes amid a slump in the chip industry and a dip in the chipmaker's share price....
19:30, 2019-06-03

$4.6 Billion in Aid Advances to Help Cope With Migrant Surge at Border The Senate measure cleared a committee with bipartisan support and will be voted on by the full chamber next week, but it is unclear how well it matches the House’s plans....
01:45, 2019-06-20

Hong Kong looks to raise up to $1 billion in green bonds Hong Kong is looking to raise between $500 million and $1 billion in five-year green bonds as the former British colony looks to establish itself as a center for green finance....
17:45, 2019-05-21

GM's self-driving unit is close to receiving a $2.25 billion boost It took more than a year, but GM's self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to Reuters that the Committee on Foreign Investment in the US (CFIUS) had approved SoftBank's $2.25 billion investment i......
04:30, 2019-07-07

Australian government set to secure support for $110 billion tax cut plan Australia's conservative government looked set to secure the required support on Thursday to pass A$158 billion ($110.47 billion) worth of tax cuts over the next decade, a fillip to an economy that is threatening to stall....
05:15, 2019-07-04

Musk's SpaceX raised over $1 billion in six months: filings Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space....
03:30, 2019-05-25

Walmart to invest $1.2 billion in China to upgrade logistics Walmart Inc plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said on its social media account on Monday....
22:15, 2019-07-01

TransferWise valued at $3.5 billion after $292 million secondary funding Peer-to-peer money transfer service TransferWise has announced that it is now valued at $3.5 billion, after pursuing a $292 million secondary funding.Read More...
09:00, 2019-05-22

U.S. Senate passes $19.1 billion in disaster relief, no border aid The U.S. Senate on Thursday approved $19.1 billion in aid to help Americans rebound from a string of natural disasters, but without the extra funds to address a migrant surge at the border that President Donald Trump had requested....
23:45, 2019-05-23

Lawsuit challenges constitutionality of $16 billion of Illinois bonds The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance budget deficits, according to a lawsuit filed on Monday....
22:00, 2019-07-01

WeWork looking to raise up to $4 billion in debt ahead of IPO: source Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter said on Sunday, a move aimed to fuel investor confidence in the company....
12:15, 2019-07-08

The Swiss Surfer Behind $2 Billion Payments Startup Checkout.com Guillaume Pousaz has built a payments firm he acquired in 2009 into a highly valued transaction processor for fast-growing internet companies that is now expanding in the U.S. and moving into other financial services....
17:45, 2019-05-25

Raiders' stadium cost in Vegas soars to $1.9 billion The high stakes for building an NFL stadium for the Raiders in Las Vegas continues to rise with the latest cost estimate now coming in at $1.9 billion, according to the Las Vegas Review-Journal....
03:00, 2019-07-20

This Fourth of July, Americans will shell out $1 billion on beer If spending is any guide, this country's patriotic spirit is alive and well, with Americans coughing up nearly $7 billion on food for the grill this July 4....
15:15, 2019-07-02

US Demands El Chapo Forfeit $12.7 Billion In Drug Money Prosecutors on Friday said they were seeking $12.7 billion from convicted Mexican drug kingpin Joaquin "El Chapo" Guzman, based on a conservative estimate of revenues from his cartel's drug sales in......
04:30, 2019-07-06

Facebook removes 3 billion fake accounts over six months Facebook removed more than 3 billion fake accounts over a six-month span, far outpacing previous efforts by the company in striking fraudulent accounts from the platform, the tech giant said Thursday....
22:45, 2019-05-24

MacKenzie Bezos To Be Richer By $38 Billion After Divorce Settlement Even after paying $38 billion in stocks, Jeff Bezos will retain 59.1 million shares of Amazon -- currently worth nearly $112 billion which still makes him the richest man in the world. MacKenzie ......
12:15, 2019-07-02

Deutsche Bank to axe investment bankers in up to $5.6 billion revamp Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, sources familiar with the matter said on Wednesday....
19:15, 2019-07-03

US Congress Approves $4.6 Billion In Emergency Border Funding US House Speaker Nancy Pelosi on Thursday bowed to pressure from President Donald Trump's Republicans as Congress approved $4.6 billion in emergency aid to ease a swelling migrant crisis on the......
05:00, 2019-06-28

Trump Administration Rolls Out $16 Billion Farm-Aid Program President Trump rolled out a $16 billion plan to help farmers hit by the trade conflict with China and suggested Huawei Technologies Co. could potentially be a bargaining chip in settling the dispute....
02:15, 2019-05-24

India, Indonesia Set $50 Billion Trade Target By 2025 India and Indonesia on Saturday set an ambitious USD 50 billion target for bilateral trade over the next six years as Prime Minister Narendra Modi and President Joko Widodo discussed ways to deepen......
14:45, 2019-06-29

Cancer deaths cost the US $94 billion in lost earnings Almost 500,000 Americans died of cancer in 2015 and a new study concludes the disease robbed them not only of their lives but of $94.4 billion in lifetime earning potential. The American Cancer Society study released Wednesday calculates the missed-out money implications and, in the process, emphasi...
00:30, 2019-07-09

Microsoft to Invest $1 Billion in Artificial-Intelligence Startup Microsoft plans to invest $1 billion in OpenAI to add more advanced artificial-intelligence features to the software giant’s cloud-computing platform....
19:30, 2019-07-22

Loss of the UK’s ash trees due to fungal disease may cost £15 billion Ash dieback, a fungal disease in the UK’s ash trees, could cost the country nearly £15 billion in clean-up and lost ecosystem benefits like carbon sequestration...
15:30, 2019-05-21

Tentative Federal Budget Would Raise Spending by $320 Billion Speaker Nancy Pelosi of California and Steven Mnuchin, the Treasury secretary, are close to a deal to increase spending and raise the government’s borrowing limit....
21:30, 2019-07-22

IMF Approves USD 6 billion Loan For Pakistan With Tough Conditions The IMF has approved a three-year USD 6 billion loan for cash-strapped Pakistan with tough conditions to address its balance of payment crisis and help the country's ailing economy return to......
15:30, 2019-07-04

Facebook removed 3 billion fake accounts in just 6 months Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. Nearly all of them were caught before they had a chance to become “active” users of the social network. In a new report, Facebook said it saw a “steep increa...
20:45, 2019-05-23

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul Deutsche Bank is to ax vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis, in a restructuring that will see 18,000 jobs go and cost 7.4 billion euros....
12:15, 2019-07-08

Flipkart founder: How I sold my business to Walmart for $16 billion Binny Bansal, co-founder of Indian e-commerce giant Flipkart, says there are three traits that led to the business landing a record-breaking sale to retail giant Walmart....
14:32, 2019-05-21

Monsanto ordered to pay US$2 billion in latest Roundup blow Jury in California orders Bayer-owned Monsanto to pay more than US$2 billion in damages to a couple that sued on grounds the product caused their cancer....
14:32, 2019-05-21

China's Centurium Capital raises over $2 billion from GIC, Temasek, others China's Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals......
11:00, 2019-07-03

Anheuser-Busch seeks $9.8 billion in 2019’s largest IPO Brewing giant Anheuser-Busch InBev NV is seeking to raise up to $9.8 billion by listing its Asia-Pacific business in Hong Kong, marking what would be the world’s largest initial public offering this year. Budweiser Brewing Company APAC, whose portfolio of more than 50 beer brands includes Stella Art...
08:45, 2019-07-03

U.S. Tentatively Approves $2 Billion in Arms Sales to Taiwan The sales, along with a pending visit to the United States by Taiwan’s president, are likely to put further strain on Washington’s relationship with Beijing....
10:15, 2019-07-09

U.S. farmers to receive $14.5 billion in direct trade aid payments The U.S. Department of Agriculture said on Thursday that farmers will receive $14.5 billion in direct payments as part of a $16 billion aid package designed to offset the financial pain from trade disputes with China and other nations....
18:45, 2019-05-23

$300 billion in China tariffs still loom as a business worry Business groups warn that President Trump's Saturday announcement that the White House would not impose $300 billion in new tariffs on Chinese goods does not mean that those tariffs won't still be imposed....
04:45, 2019-07-02

Warren Buffett To Donate Over $3 Billion Of His Fortune To 5 Charities Warren Buffett said Monday he plans to donate $3.6 billion of Berkshire Hathaway stock to five charities - one of his largest gifts ever - while Walmart heir Jim Walton gave away $1.2 billion of the......
00:00, 2019-07-02

In 6 Months, Facebook Removes Over 3 Billion Fake Accounts (SAN FRANCISCO) — Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. Nearly all of them were caught before they had a chance to become “active” users of the social network. In a new report, ...
19:45, 2019-05-23

Cboe LIS Hits New Milestone of €20 Billion Traded Since Launch LONDON – 3 January 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today reported that Cboe Europe Equities traded more than €20 billion in notional value on Cboe LIS, its European large-in-scale block trading platform powere...
02:30, 2019-05-22

Cboe Periodic Auctions Hits First €1 Billion Day on 24 April LONDON – 25 April 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today reported that Cboe Europe’s Periodic Auctions book set a new one-day record of €1.08 billion notional value traded yesterday, surpassing the €1 billion thresho...
22:45, 2019-05-21

Microsoft invests $1 billion in Elon Musk-founded OpenAI Today, Microsoft announced that it's investing $1 billion in the Elon Musk-founded company OpenAI. The two companies will work together to bring supercomputing technologies and AI to Microsoft Azure. And OpenAI will run its services exclusively in Mi......
20:45, 2019-07-22

Bitcoin Criminals Set to Spend $1 Billion on Dark Web This Year: Report Bitcoin's use in illegal online marketplaces peddling everything from drugs to child porn is on pace to set a record this year at more than $1 billion....
12:45, 2019-07-02

'Unusual uncertainty' puts stocks in red zone, $50 billion manager says QMA chief investment strategist Ed Keon has significantly pulled back risk exposure during the past few weeks due to the escalating U.S.-China trade war....
16:30, 2019-05-22

Waymo's self-driving system has driven 10 billion virtual miles The 10 million miles Waymo's self-driving vehicles have driven in the real world is a feat in and of itself, but that figure is just a tiny fraction of what it has driven in simulation. At TechCrunch Sessions: Mobility, the Alphabet-owned company has......
12:00, 2019-07-11

Mackenzie Bezos Will Be Richer By $38 Billion Post Divorce Settlement MacKenzie Bezos, wife of world's richest man Jeff Bezos for 25 years, is set to walk away with a whopping $38 billion this week -- roughly $1.52 billion a year since she got married to the Amazon......
12:15, 2019-07-02

A Russian Billionaire's $1.3 Billion Bet on New York's Iconic Crown Building Vladislav Doronin says three penthouses at his Aman-branded project have sold for more than $325 million, despite a sluggish market and an oversupply of luxury condos....
01:00, 2019-06-14

Earliest known animal was a half-billion-year-old underwater blob The weird ‘Ediacaran’ fossils have stumped scientists for decades - now fatty molecules found inside some of them confirm they are the most ancient animals we know...
22:45, 2019-05-21

Uber's first post-IPO earnings report shows another $1 billion lost Uber's first earnings report as a public company shows that while its revenue is higher than last year; the company is still hemorrhaging money. Still, there's no doubt that the company is getting bigger. The company earned $3.1 billion in revenue fo......
03:15, 2019-05-31

Hong Kong raises $1 billion in oversubscribed first green bond Hong Kong raised $1 billion from the sale of its first green bond on Wednesday, as the former British colony looks to establish itself as a center for green finance....
05:00, 2019-05-22

Clean energy projects worth $1.5 billion seek Finnish aid Fifteen companies have applied for Finnish investment aid to partly fund new large-scale demonstration energy projects worth $1.5 billion, six of them replacing coal and other fossil fuels, the government said on Thursday....
17:30, 2019-06-20

SoftBank's Vision Fund to borrow $4 billion against stakes in Uber and two others: FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal....
14:00, 2019-05-30

Colorado’s recreational pot sales rake in $1 billion in revenue Colorado has surpassed experts projects of taxes on the state’s recreational marijuana sales, earning $1 billion in revenue in roughly five years. Veuer’s Justin Kircher has more.        ...
20:30, 2019-06-14

Political Ad Spending Will Approach $10 Billion in 2020, New Forecast Predicts Political ad spending will increase to $9.9 billion in 2020, according to the latest U.S. ad forecast from WPP PLC’s ad-buying unit GroupM. That would be up from $8.7 billion in 2018, the year of the midterm Congressional elections, and $6.3 billion in 2016....
22:00, 2019-06-04

Team Modi Seeks Bids For 6 New Submarines. $6.6 Billion At Stake Prime Minister Narendra Modi's administration has asked global warship makers to submit proposals to build six conventional submarines in India to boost local shipyard capability and plug gaps in the......
12:45, 2019-07-11

Las Vegas businessman gets 50 years prison in $1.5 billion Ponzi scheme A federal judge on Thursday sentenced a former Las Vegas medical billing company operator who prosecutors called the ringleader of a $1.5 billion Ponzi scheme that bilked thousands of Japanese residents to 50 years in prison....
07:15, 2019-05-24

U.S. Proposes New Tariffs on $4 Billion of E.U. Goods as Trade Dispute Grows The United States moved to impose levies on more products than previously planned in an escalation of its fight with Europe over government aid for Boeing and Airbus....
20:15, 2019-07-02

United Technologies wins $3.24 billion U.S. defense contract -Pentagon United Technologies Corp's Pratt and Whitney Engines has been awarded the $3.24 billion modification to a U.S. defense contract for the production and delivery of 233 propulsion systems, the Pentagon said on Friday. (Reporting by Mohammad Zargham; Editing by Eric Beech)...
02:00, 2019-06-01

Broadcom's $2 billion warning shocks global chip sector LONDON/BENGALURU - Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company's sales this year....
16:45, 2019-06-14

PetSmart's Chewy gets Wall Street tails wagging with $1 billion IPO Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valuing the online pet products retailer at $8.77 billion....
07:15, 2019-06-14

Farmers await details on who's eligible for the $3 billion from disaster aid bill More than $3 billion of the $19.1 billion disaster aid bill now awaiting President Donald Trump's signature is earmarked for American farms -- but it is unclear which farmers will be eligible for the money....
09:30, 2019-06-05

Wells Fargo to donate $1 billion toward affordable housing by 2025 Wells Fargo & Co said on Wednesday it will narrow the focus of its philanthropy toward three causes including affordable housing and will donate $1 billion to housing over the next few years....
09:30, 2019-06-05

VW to float 10% of truck unit, seeks to raise 1.9 billion euros Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake....
19:15, 2019-06-14

Discovery of billion-year-old fungi changes our understanding of life on Earth When scientists search for species that lived hundreds of millions of years ago they’re not always just looking for ancient animals. Life on Earth has changed a lot over time, but sometimes a new discovery reveals a few things that have stayed largely the same. In a new paper published in Natu...
05:15, 2019-05-24

U.S wages lost to unpaid family care to hit $147 billion by 2050 As the U.S. population ages, the total annual cost of lost wages for unpaid family caregiving is on track to more than double, to reach $147 billion by 2050, a recent study suggests....
03:45, 2019-06-29

Senate committee OKs $4.6 billion humanitarian aid bill for migrant crisis A Senate panel gave its approval Wednesday to President Trump’s $4.6 billion request for funding to tackle the escalating humanitarian crisis at the southern border -- but only after funding for a wall was pulled to get Democratic approval....
22:30, 2019-06-19

TikTok owner ByteDance is a $75 billion Chinese tech giant — here's what you need to know about it ByteDance owns viral social media apps like TikTok and news aggregators like Toutiao in China. It's now looking to expand its reach into new areas like smartphones....
06:15, 2019-05-30

CVC, Ares target loans with new billion dollar distressed funds NEW YORK, July 2 (LPC) - Global asset managers CVC Capital Partners and Ares Management each raised more than a billion dollars in June for respective distressed investment funds, an indication that portfolio managers are readying capital to pick up shaky leveraged loans cheaply in the secondary mar...
21:15, 2019-07-02

Broadcom's $2 billion warning rattles global chip sector Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company's sales this year....
03:45, 2019-06-15

Slack to take unusual route to public markets, likely valuing it around $16 billion Slack Technologies, the fast-growing workplace messaging and communication platform, is poised for an unusual public listing on Thursday that will see it trade on the New York Stock Exchange and could value it at around $16 billion, according to a person familiar with the matter....
13:15, 2019-06-20

Fireworks sales to top $1.3 billion for this year's Fourth of July The fireworks business receives most of its revenue in the leadup to the 4th of July holiday. That revenue has surged recently.       ...
20:15, 2019-07-02

Facebook removed 3 billion fake accounts over a six-month period Facebook said it had removed more than 3 billion fake accounts over the past two quarters, a spike in inauthentic activity that the tech giant attributed to “unsophisticated” bad actors that are caught in the act of creating scores of fake profiles in batches....
20:15, 2019-05-23

Astronomers Peer Back 13 Billion Years and See Two Galaxies Colliding Scientists have spotted would might be the most distant (and therefore the youngest) example of merging galaxies yet observed, according to new results.Read more......
22:15, 2019-06-18

U.S. $16 billion farm aid program to help expand markets: USDA's Perdue U.S. President Donald Trump's $16 billion aid program will help American farmers hurt by the ongoing U.S.-China trade war, including efforts to open the door to their products outside of China, the U.S. agriculture secretary said on Thursday....
18:45, 2019-05-23

SoftBank Faces Challenges Raising Latest $100 Billion Fund SoftBank’s bid to raise a second mega fund has met with a chilly reception from some of the world’s biggest money managers, signaling that a crucial initiative for the firm faces significant hurdles....
23:30, 2019-06-02

India-China Trade Set To Cross $100 Billion This Year, Says Official India has further liberalised e-visa rules for Chinese businessmen as the bilateral trade is set to cross $100 billion this year, a senior Indian diplomat said in Beijing today....
17:15, 2019-05-31

Huawei says Trump crackdown will cost it $30 billion as smartphone sales take a hit Huawei says they are anticipating a huge drop in smartphone sales. Veuer’s Natasha Abellard has the story.       ...
21:00, 2019-06-17

Asia-Pacific meth drug trade worth up to $61 billion, U.N. says Transnational crime groups are trafficking vast quantities of methamphetamine made in Southeast Asia, the United Nations said on Thursday, putting the value of the Asia-Pacific market for the drug between $30.3 billion and $61.4 billion....
12:15, 2019-07-18

NASA chief says returning astronauts to the Moon could cost $30 billion It was always going to be expensive, but NASA's first cost estimate for the agency's push to land humans on the moon by 2024 is finally here — and it's surprisingly cheap....
20:30, 2019-06-17

The Latest: Senate passes $19 billion disaster relief bill WASHINGTON (AP) — The Latest on disaster relief legislation (all times local): 4:38 p.m. The Senate has passed a long-overdue $19 billion disaster aid bill to help to a number of states and Puerto Rico recover after a series of hurricanes, floods and wildfires. The widely-backed legislation passed b...
23:45, 2019-05-23

CEO Collymore, who built Safaricom into $11 billion telco, dies of cancer Bob Collymore, the chief executive who helped to turn Safaricom Plc into East Africa's most profitable company with an $11 billion valuation, has died after a nearly two-year long battle with cancer....
12:45, 2019-07-01

United Technologies wins $3.24 billion U.S. defense contract: Pentagon United Technologies Corp's Pratt and Whitney Engines has been awarded the $3.24 billion modification to a U.S. defense contract for the production and delivery of 233 propulsion systems, the Pentagon said on Friday....
23:45, 2019-05-31

As US ETFs see $7 billion in outflows this month, experts pinpoint where to hide U.S.-based exchange-traded funds saw $7 billion leave their portfolios just in the month of May, but ETF watchers say staying invested is a better strategy than cashing out....
02:15, 2019-05-30

Mega Millions Jackpot Swells To Nearly Half A Billion Dollars (CNN) — We’ve mentioned several times that you’re probably never winning the jackpot. Turns out, we were right, at least for Friday. The winning numbers were 7, 8, 26, 65 and 67, plus the gold Mega Ball 4 — and no ticket matched all of them to walk away with the $444 million ...
18:15, 2019-06-01

Airbus and Boeing bag $17 billion of deals in Paris Airshow battle Airbus and Boeing bagged more than $17 billion in plane deals on day two of the Paris Airshow as their sales teams scrapped for orders after a downturn in business at many airlines and the grounding of Boeing's top-selling jet....
15:30, 2019-06-18

Fortress Becomes Japan's Biggest Private Apartment Landlord With $1 Billion Bet Fortress Investment Group is buying dated units on the outskirts of big Japanese cities—and in the process it has become the largest private owner of apartments in Japan....
17:00, 2019-06-18

Airlines have made $1.3 billion off bag fees so far this year, data shows Airline financial data is out for the first quarter, and airline baggage fees are paying off in a big, millions of dollars kind of way.       ...
17:00, 2019-06-18

Trump Gives Farmers $16 Billion in Aid Amid Prolonged China Trade War The Trump administration announced an aid package for farmers on Thursday to mollify an important political constituency hurt by a trade clash with China....
20:30, 2019-05-23

Avolon orders 14 CFM LEAP-1A engines in order worth $2 billion Aircraft leasing and lease management services company Avolon has ordered 140 CFM LEAP-1A engines to power 70 Airbus A320neo planes, in a deal worth $2 billion at list prices....
13:15, 2019-06-18

Investor Litt says Hudson's Bay worth double chairman's C$1.74 billion bid Activist shareholder Jonathan Litt lambasted a C$1.74 billion bid to take Canadian retailer Hudson's Bay Co private as "woefully inadequate" on Tuesday, saying the chairman-led shareholder group......
19:30, 2019-06-18

DoorDash's Valuation Soars to $12.6 billion as Money Rushes Into Delivery Food-delivery startup raised $600 million, as investors clamor to get into food delivery undeterred by the lackluster stock market debut of Uber Technologies....
19:30, 2019-05-23

Talks On $3.4 Billion Loan To Pak Not Finished: Asian Development Bank In a huge embarrassment for the Pakistan government, the Asian Development Bank or ADB has distanced itself from the "premature announcement" of Prime Minister Imran Khan's adviser that the global......
19:30, 2019-06-17

Azerbaijan cancels $1 billion contract with Boeing for safety reasons Azerbaijan airline AZAL has canceled a $1 billion contract with Boeing to purchase 10 737 MAX jets, a spokesman said on Monday, following the fatal crashes involving the aircraft in Ethiopia and Indonesia....
17:15, 2019-06-03

Trump offers $16 billion in aid for farmers hurt by trade war with China The financial assistance is designed to help farmers offset losses triggered by the ongoing trade dispute between the U.S. and China.        ...
01:15, 2019-05-24

Colony Capital Aims to Invest $5 Billion in Latin America Investment-management firm Colony Capital said its newly acquired business in Latin America seeks to invest $5 billion in the region in coming years, much of it in Mexico....
22:45, 2019-05-22

U.S. Congress passes $19.1 billion disaster aid bill, sends to Trump The U.S. Congress on Monday approved legislation providing $19.1 billion in emergency funding for disaster recovery efforts throughout the United States, including Puerto Rico, sending it to President Donald Trump to sign into law....
09:00, 2019-06-04

Microsoft nets billion-dollar AT&T Azure cloud contract Microsoft has announced a major new partnership with AT&T that could net the company as much as $2 billion.The deal will see the American telco giant switch to Microsoft's Azure cloud system as the two companies work together on technologies such as cloud, AI and 5G to improve the lives of cust...
18:30, 2019-07-17

US Congress Sends $19 Billion Relief Bill To Trump To Sign Into Law The US Congress overcame months of delays to finally pass a $19.1 billion relief package Monday to help victims of flooding, wildfires and hurricanes that have devastated communities from Puerto Rico......
09:45, 2019-06-04

US proposes $4 billion in potential additional tariffs over EU aircraft subsidies The list, which includes a range of European foods and liquor, adds to products valued at $21 billion that USTR had identified in April as facing possible tariffs....
01:15, 2019-07-02

California utility company to pay $1 billion to governments for wildfire damage Pacific Gas & Electric filed for bankruptcy earlier this year in anticipation of massive lawsuit payments.        ...
08:45, 2019-06-19

Kamala Harris Proposes $100 Billion Black Homeownership Plan Joining what seems like every black woman in America at Essence Fest, senator and presidential hopeful Kamala Harris unveiled a $100 billion plan to increase black homeownership that, if implemented, could serve as a major step toward closing the racial wealth gap or at least pay two or three month...
22:15, 2019-07-07

Australian government close to securing enough votes for $110 billion tax cut plan Australia's conservative government is close to securing enough votes to pass sweeping tax cuts after independent lawmakers said on Tuesday they were poised to strike an agreement with Prime Minister Scott Morrison....
08:15, 2019-07-02

"Could Kill Millions": US Seizes $1 Billion Worth Of Cocaine From Ship Federal authorities seized 16.5 tons of cocaine worth more than $1 billion from a ship in Philadelphia in one of the largest drug seizures in US history, the US Justice Department said on Tuesday....
07:00, 2019-06-19

Canada's Trudeau to invest C$15.7 billion in coast guard overhaul Prime Minister Justin Trudeau on Wednesday said Canada would spend an estimated C$15.7 billion ($11.7 billion) to renew its coast guard fleet and that it would partner with a new shipyard to complete the project....
23:15, 2019-05-22

FCC names winners of $2.7 billion 24-28GHz millimeter wave auctions Six months after the FCC started the auction process for U.S. millimeter wave spectrum, the winners of the $2.7 billion bidding have finally been revealed.Read More...
03:15, 2019-06-04

French Billionaire To Acquire Sotheby's Auction House For $3.7 Billion French telecoms and media mogul Patrick Drahi is acquiring Sotheby's auction house, one of the world's biggest art brokers, in a $3.7 billion deal, the British-founded company announced Monday....
19:30, 2019-06-17

Warren Buffett donates $3.6 billion to Gates' and family charities Warren Buffett is donating roughly $3.6 billion of Berkshire Hathaway Inc stock to five charities, including the Bill & Melinda Gates Foundation, the biggest contribution in Buffett's plan to give away his fortune....
22:15, 2019-07-01

Uber Cites Tight Competition After Posting $1 Billion Loss Uber executives sought to reassure investors about its growth as an onslaught of competition from ride-hailing and delivery rivals led to a $1 billion loss in the first quarter....
05:01, 2019-05-31

PG&E settles California fire claims with local governments for $1 billion PG&E Corp will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday....
03:45, 2019-06-19

Current Account Deficit Narrows To $4.6 Billion In January-March The Reserve Bank of India said on Friday that the current account deficit was $4.6 billion, against $13.0 billion in the quarter ended March 31, 2018....
01:45, 2019-06-30

Congress passes $19.1 billion disaster aid bill, sends to Trump The U.S. Congress on Monday approved legislation providing $19.1 billion in emergency funding for disaster recovery efforts throughout the United States, including Puerto Rico, sending it to President Donald Trump to sign into law....
02:15, 2019-06-04

Google Pledges $1 Billion For Housing Crisis Near California Headquarters Google on Tuesday pledged to commit more than $1 billion to help address the severe housing crisis in the region that includes its headquarters and Silicon Valley....
05:30, 2019-06-19

Microsoft invests $1 billion in OpenAI to develop AI technologies on Azure OpenAI and Microsoft will partner to develop AI technologies on the latter's Azure platform, and to commercialize some of those technologies over time.Read More...
16:01, 2019-07-22

Alibaba proposes one-to-eight stock split ahead of up to $20 billion HK listing China's Alibaba Group Holding has proposed a one-to-eight stock split ahead of a listing in Hong Kong later this year that is expected to raise up to $20 billion....
08:45, 2019-06-17

Exclusive: U.S. clears SoftBank's $2.25 billion investment in GM-backed Cruise Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan's SoftBank Corp....
06:30, 2019-07-06

California governor proposes $21 billion wildfire fund - media California Governor Gavin Newsom has proposed a fund of up to $21 billion to help utilities pay for future wildfire damage, according to media reports on Friday....
23:00, 2019-06-21

Gilead invests $5 billion to deepen ties with biotech Galapagos U.S. antiviral drugmaker Gilead Sciences will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV , news that lifted Galapagos's shares 18 percent to an all-time high on Monday....
18:15, 2019-07-15

Amazon's $10 Billion Pentagon Contract Being Closely Looked At: Trump U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon.com's bid on a $10 billion cloud contract with the Defence Department after getting complaints from other......
07:00, 2019-07-19

Boeing Takes $4.9 Billion Charge Over Prolonged Grounding Of 737 Planes Boeing Co said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger jets after......
07:00, 2019-07-19

UPDATE 2-California governor proposes a $21 billion wildfire fund California Governor Gavin Newsom has proposed helping utilities create a fund of up to $21 billion to compensate future victims of wildfires sparked by the companies' equipment or employees, an aide said on Friday....
01:15, 2019-06-22

Merck to buy cancer drug developer Peloton for $1.05 billion in cash Merck & Co Inc said on Tuesday it would buy Peloton Therapeutics Inc for $1.05 billion in cash to gain access to the privately held company's renal cancer drug candidate....
14:45, 2019-05-21

Lockheed Martin wins $1.8 billion U.S. defense contract -Pentagon Lockheed Martin Corp has been awarded a $1.8 billion U.S. defense contract for design and development of the F-35 Lightning II fighter aircraft, the Pentagon said on Friday. (Reporting by Eric Beech; Editing by Mohammad Zargham)...
13:15, 2019-06-08

US State Department approves possible $2.2 billion arms sale to Taiwan China's Foreign Ministry said last month when the possible sale was first reported that it was seriously concerned about U.S. arms sales to self-ruled Taiwan....
02:15, 2019-07-09

California governor signs bill for $21 billion wildfire fund California Governor Gavin Newsom on Friday signed a bill approved by lawmakers a day earlier that creates a $21 billion fund to help bankrupt PG&E Corp and the state's other investor-owned utilities cover liabilities arising from future wildfires caused by their equipment....
00:45, 2019-07-13

Boeing to Take $4.9 Billion Charge Related to Grounded 737 Max as Fallout Continues Ahead of its earnings report next week, Boeing on Thursday said it will report an after-tax charge of $4.9 billion related to its grounded 737 Max jets.Read more......
05:45, 2019-07-19

Europe's 5G to cost $62 billion more if Chinese vendors banned: industry A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and delay the technology by about 18 months, according to an industry analysis seen by Reuters....
13:15, 2019-06-07

Europe's 5G to cost $62 billion more if Chinese vendors banned: telcos A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and delay the technology by about 18 months, according to an industry analysis seen by Reuters....
16:00, 2019-06-07

China's Solar Industry Could Get a Nearly $7 Billion Boost From Cleaning Up Air Pollution Reducing air pollution is objectively good. In addition to providing huge public health benefits, new findings show it would also give China solar generating industry a big boost in productivity.Read more......
00:30, 2019-07-09

Exclusive: U.S. panel clears SoftBank's $2.25 billion investment in GM's Cruise Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan's SoftBank Corp....
05:00, 2019-07-06

FTC votes to approve $5 billion settlement with Facebook in privacy probe The Federal Trade Commission voted to approve a roughly $5 billion settlement with Facebook ending an investigation into its privacy practices, according to a source familiar with the matter but not authorized to speak on the record, a deal that could result in unprecedented federal oversight of the...
23:45, 2019-07-12

Protecting U.S. coastal communities from sea level rise will cost $400 billion To protect themselves from the inevitable threat of rising sea levels, coastal communities in the United States will have to shell out more than $400 billion, according to a new report....
21:15, 2019-06-21

California governor proposes $21 billion wildfire fund: media California Governor Gavin Newsom has proposed a fund of up to $21 billion to help utilities pay for future wildfire damage, according to media reports on Friday....
22:00, 2019-06-21

$30 Billion Wiped Off India Stocks As Tax Clarity Eludes Market Finance Minister Nirmala Sitharaman in her budget speech Friday proposed to increase the surcharge from 15 per cent to 25 per cent for those with taxable incomes of between Rs 2 crore and Rs 5 crore,......
19:00, 2019-07-09

FTC 'Failed Miserably' in Punishing Facebook With $5 Billion Fine, Democrats Say The Federal Trade Commission, which has been investigating Facebook in the wake of its massive Cambridge Analytica scandal, has voted to approve levying a massive $5 billion fine against the social media giant, according to reporting in both the Wall Street Journal and the Washington Post. It’s the ...
03:15, 2019-07-13

FTC to announce $5 billion settlement with Facebook as early as this week: sources The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc as early as this week of its investigation into the social media company’s handling of user data, two sources briefed on the matter said on Monday....
03:30, 2019-07-23

U.S. regulators approve $5 billion Facebook settlement over privacy issues (Reuters) — The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. The FTC has been investigating allegations Facebook ...
08:15, 2019-07-13

Mnuchin defends Kushner's $50 billion plan for the Middle East Treasury Secretary Steven Mnuchin defended accusations that a U.S.-drafted economic solution to bring about Israeli-Palestinian peace has little chance of success....
20:00, 2019-06-27

The State Department Is Proposing a $2 Billion Sale of Arms to Taiwan (WASHINGTON) — The State Department is proposing the sale of $2.2 billion in arms to Taiwan, including 108 Abrams tanks and 250 Stinger surface-to-air missiles, sidestepping protests from China. The tanks represent a significant upgrade to Taiwan’s aging armored battle fleet. Congress ha...
06:30, 2019-07-09

Former Kirchner accountant alleges presidential couple stole up to US$10 billion The former accountant of ex-presidents Néstor Kirchner and Cristina Fernández de Kirchner was granted a plea bargain in March. His television appearance comes as rumours intensify about Fernández de Kirchner's intention to run for the presidency....
14:32, 2019-05-21

The Inside Story of Kim Kardashian West's Billion-Dollar Shapewear Bet Kim Kardashian West has long dreamed of her own body-positive, shade-inclusive line of shapewear and underwear. But now the outcry over the erstwhile Kimono’s name could derail many months of planning. How she and a team of blue-chip investors are trying to salvage their claim to a piece of the $83 ...
07:30, 2019-07-09

Raytheon, United Technologies merge into $74 billion aerospace giant Raytheon Co and United Technologies Corp on Sunday agreed to combine their aerospace businesses in an all-stock deal, creating a $74 billion industry leader....
00:00, 2019-06-10

Santander to pay 1 billion euros to end insurance accord with Allianz Group Spain's largest lender Banco Santander said on Monday it will pay almost 1 billion euros ($1.1 billion) to end an agreement between Allianz and Banco Popular over the distribution of insurance products....
09:15, 2019-06-24

Google Made $4.7 Billion From the News Industry in 2018, Study Says Journalists create the content, and big tech companies are profiting off it, according to a new analysis. “We need to share the revenue,” a news publisher says....
23:30, 2019-06-09

Toyota to invest $2 billion in developing electric vehicles in Indonesia Toyota Motor Corp plans to invest $2 billion to develop electric vehicles (EVs) in Indonesia over the next four years, starting with hybrid vehicles, Indonesia's coordinating ministry for maritime affairs said....
18:45, 2019-06-27

It won't be hard for Facebook to afford a $5 billion settlement with the FTC, but there may be other costs beyond money (FB) Getty Facebook is facing a record penalty of about $5 billion from the Federal Trade Commission — but for the tech giant, that's only about as much as the revenue it generates in a month. What could be more damaging to Facebook than the monetary costs of the settlement is the degree to which ...
12:30, 2019-07-13

The FTC's $5 billion fine for Facebook is so meaningless, it will likely leave Zuckerberg wondering what he can't get away with (FB) AP Photo/Andrew Harnik The Federal Trade Commission's reported deal to settle its investigation into Facebook's alleged privacy violations looks like little more than a slap on the wrist. The settlement's reported $5 billion fine, while a large amount to most people, isn't all that much to Facebook...
12:30, 2019-07-13

Senate Approves $4.6 Billion Bill for Border With Fewer Restrictions The Republican-controlled Senate rejected a House border bill that reined in Trump immigration policies, then passed its own version with few strings attached....
21:00, 2019-06-27

Factbox: U.S. plan for Palestinian economy envisions $50 billion investment White House senior adviser Jared Kushner is to formally unveil the first part of his Middle East peace plan during a Bahrain conference next week, outlining a path for development of the fragile economies of the Palestinian territories and three neighboring Arab countries....
16:30, 2019-06-22

Inside Trump's $50 billion economic plan for Mideast peace The Trump administration's Middle East economic plan calls for creation of a global investment fund to lift Palestinian and neighboring Arab state economies, and construction of a $5 billion transportation corridor to connect the West Bank and Gaza....
21:45, 2019-06-22

Meet the 27-year-old set to be India's first woman to co-found a $1 billion start-up At 27, Ankiti Bose is already the CEO of online shopping site Zilingo, and on course to become the first Indian woman to co-found a $1 billion start-up....
13:45, 2019-05-23

Brazil's Vale will invest $1.9 billion to shut down nine dams -filing Brazilian mining company Vale SA said it will spend $1.9 billion for the decommissioning of nine tailing dams in the Brazilian state of Minas Gerais, according to a securities filing late on Friday....
23:45, 2019-06-08

What does Clash of Clans maker’s $10 billion sale say about the future of gaming? Congratulations, guys... you and the rest of the Clash of Clans crew now anchor a $10 billion mobile gaming powerhouse. We've been hearing for years how mobile gaming has been growing at nearly inconceivable rates and will soon become the dominant force in the gaming business. Today's $10 billion...
14:38, 2019-05-21