NEWSREPORTASIA.COM: Breaking News, World News, US News 08:17 2019-06-03

Infineon to buy Cypress Semiconductors in 9 billion euros deal

Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. chipmaker at 9 billion euros ($10.06 billion), including debt, the Germ...

Infineon to buy Cypress Semiconductors in 9 billion euros deal

Source: reuters.com

Infineon to buy Cypress Semiconductors in $10 billion deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German comp...
10:00 2019-06-03

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 shar...
13:00 2019-06-03

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 an...
20:00 2019-06-03

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...
15:51 2019-06-03

Infineon to Buy Cypress Semiconductor for €8.4 Billion 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....
13:51 2019-06-03

German chipmaker Infineon to buy Cypress for $10 billion MADRID (AP) — German chipmaker Infineon is buying U.S.-based Cypress Semiconductor Corp. for more than $10 billion. Infineon will pay $23.85 for each outstanding share of Cypress in the deal, which is...
13:34 2019-06-03

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....
10:51 2019-06-03

Infineon expects to keep investment grade rating after Cypress deal Infineon Technologies expects to keep its investment grade credit rating after its 9 billion euro ($10 billion) agreed acquisition of U.S. Cypress Semiconductor, Chief Financial Officer Sven Schneider...
10:00 2019-06-03

Cypress Semiconductor shares jump 27% following sale to Infineon Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. chipmaker at 9 billion euros ($10.06 billion), including debt, the German company said on Monday....
11:51 2019-06-03

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....
07:51 2019-06-04

Germany's Infineon close to acquiring Cypress Semiconductor: Bloomberg German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U.S. chipmaker at almost $10 billion, Bloomberg reported on Sunday....
08:17 2019-06-03

Germany's Infineon close to acquire Cypress Semiconductor - Bloomberg German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp , valuing the U.S. chipmaker at almost $10 billion, Bloomberg reported https://www.bloomberg.com/news/arti...
05:34 2019-06-03

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 env...
03:17 2019-07-01

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....
01:34 2019-05-24

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-producti...
12:17 2019-06-05

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 we...
09:51 2019-06-14

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...
20:34 2019-06-14

Volkswagen aims to raise 1.9 billion euros from truck unit IPO Volkswagen said on Friday that it aims to raise up to 1.9 billion euros ($2.1 billion) by floating a stake of at least 10% in its Traton trucks unit later this month, its second attempt to bring the b...
09:51 2019-06-14

Germany raises 6.55 billion euros in epic 5G spectrum auction Germany raised 6.55 billion euros ($7.4 billion) from its 5G mobile spectrum auction, the Federal Network Regulator (BNetzA) said on Wednesday after a near three-month battle that will see a fourth op...
07:17 2019-06-13

European banks have paid over 20 billion euros to the ECB since negative interest rates European banks have transferred 21.4 billion euros ($24.2 billion) in revenues to the European Central Bank (ECB) in the five years since negative interest rates were introduced....
14:34 2019-06-10

Debut Dutch green bond lures more than 20 billion euros of orders Investors piled into the Netherlands' inaugural, triple-A rated sovereign green bond on Tuesday, placing 21.2 billion euros ($23.7 billion) of orders for the environmentally friendly paper....
18:51 2019-05-21

Volkswagen 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...
15:51 2019-06-14

Trade angst, Infineon deal pull European shares lower European shares took another leg down on Monday as China sent another shot across Washington's bows on trade, stirring fears of recession, while German chipmaker Infineon's deal to buy a U.S. peer wei...
11:34 2019-06-03

The news on semiconductors is bad, and it will likely get worse First the global slowdown clobbered them at the end of last year, then the China trade war intensifying clobbered them again in May, then the Huawei ban, then Japan's export restrictions against ...
00:17 2019-07-17

US-China trade war has had limited impact on semiconductors, says industry expert Ajit Manocha, CEO at industry association Semi, told CNBC that the U.S.-China trade war has been a "very small" reason behind the slowdown seen in the semiconductor sector....
05:17 2019-07-04

IBM closes $34 billion deal to buy Red Hat 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....
15:00 2019-07-09

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....
21:17 2019-06-19

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 whi...
00:17 2019-06-11

Bulgaria sees F-16 jet deal with U.S. at $1.2 billion Bulgaria expects the United States to make an offer soon to sell it eight new F-16 fighter jets for its army at $1.2 billion, the defense ministry said on Tuesday....
09:51 2019-06-04

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 mo...
14:51 2019-07-18

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....
13:34 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 ....
18:34 2019-06-27

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...
17:17 2019-06-10

Performance Food to Buy 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....
14:00 2019-07-01

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...
05:34 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, whi...
18:51 2019-07-17

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....
01:00 2019-07-10

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....
02:51 2019-06-03

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....
02:34 2019-06-18

U.S. lawmakers reach $19.1 billion disaster relief deal, no border aid 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, and which includes money for farmers, highways ...
22:51 2019-05-23

Merlin to go private in $7.5 billion deal with Lego family and Blackstone Madame Tussauds owner Merlin said on Friday it had agreed to be acquired by the investment vehicle of Lego's founding family and private equity firm Blackstone Group LP in a $7.5 billion deal....
13:34 2019-06-28

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 wou...
10:34 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 carrie...
12:51 2019-06-19

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 ownersh...
20:51 2019-06-17

Sotheby’s to go private in deal valuing action house at $2.66 billion The gavel has finally dropped on Sotheby’s. After six years of prodding from hard-charging billionaire Dan Loeb, the famed auction house has agreed to be taken private by French media titan Patrick Dr...
19:51 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, has agreed to buy art auction house Sotheby's in a deal worth $3.7 billion on an enterprise value basis....
16:00 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....
00:51 2019-05-29

Pfizer bolsters cancer portfolio with $10.64 billion deal for Array Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash to beef up its cancer portfolio as it faces rising generic competition for its blockbuster drugs....
14:34 2019-06-17

Goldman Sachs to buy Capital Vision Services in $2.7 billion deal: WSJ The merchant-banking division of Goldman Sachs Group Inc is set to buy Capital Vision Services LP, which manages MyEyeDr. optometry centers, in a deal valued at $2.7 billion including debt, the Wall S...
10:00 2019-06-03

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....
13:51 2019-06-14

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....
01:34 2019-06-11

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.....
16:17 2019-05-21

Senate votes to block Trump’s $8 billion Saudi arms deal ​The Senate voted on Thursday to block the Trump administration’s $8 billion arms deal with Saudi Arabia,​ but the numbers were not enough to overturn a veto by President Trump. The Republican-l...
00:17 2019-06-21

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 ...
03:34 2019-07-18

Engie tells Brazil court it raised $3 billion for suspended deal Engie Brasil Energia informed Brazil's Supreme Court that it had already raised $3 billion abroad to buy Petrobras' TAG pipeline unit when the top court suspended the $8.6 billion acquisition last wee...
00:00 2019-05-30

Dassault Systemes targets life sciences with $5.8 billion Medidata deal France's Dassault Systemes moved to build up its life sciences presence with a $5.8 billion cash deal to buy Medidata Solutions, a U.S. firm focused on clinical trials....
12:00 2019-06-12

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 ...
21:34 2019-05-24

Global Payments nearing $20 billion deal to buy Total System: CNBC Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc for about $20 billion in an all-stock deal, CNBC reported on Friday, citing people familiar w...
20:00 2019-05-24

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....
00:34 2019-06-18

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....
20:51 2019-06-17

Roche, Spark push back takeover deadline in $4.3 billion deal Swiss drugmaker Roche has agreed to extend the takeover deadline in its $4.3 billion bid for U.S. gene therapy specialist Spark Therapeutics , adding it remains "fully committed" to the transaction a...
16:51 2019-07-08

Pharma firm Gilead to raise Galapagos stake in $5.1 billion deal Gilead Sciences Inc will invest $5.1 billion to increase its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, ...
22:17 2019-07-14

Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with th...
01:34 2019-06-24

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....
21:51 2019-07-14

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 D...
03:17 2019-06-19

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 Tues...
18:34 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...
19:00 2019-06-10

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....
13:51 2019-06-28

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....
18:51 2019-07-01

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....
16:17 2019-06-10

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 ...
02:00 2019-06-17

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 shareholder...
00:34 2019-05-31

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 ...
08:17 2019-06-21

Cypress Semiconductor explores options after receiving takeover interest - BBG Cypress Semiconductor Corp is exploring options, including a potential sale, after receiving takeover interest, Bloomberg reported on Wednesday, citing people familiar with the matter....
17:51 2019-05-29

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....
02:00 2019-06-11

Cypress Semiconductor explores options after receiving takeover interest: Bloomberg Cypress Semiconductor Corp is exploring options, including a potential sale, after receiving takeover interest, Bloomberg reported on Wednesday, citing people familiar with the matter....
01:51 2019-05-30

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....
19:00 2019-05-28

Italy, Short of Euros, Flirts With a Different Way to Pay Italy’s populist leaders are discussing paying public-sector suppliers with IOUs instead of money, a step that Italian euroskeptics have proposed as the starting point for a new currency in case Italy...
21:01 2019-06-10

U21 Euros: Germany win thriller to reach final Germany overcame a flurry of intense transition football from a talented Romania team to book their spot in the U21 Euro final. In the other semifinal, Spain beat France to set up a rematch of the las...
11:51 2019-06-28

KKR offers 63 euros per share to buy out Axel Springer minorities Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal agreed with the German publisher's main sharehold...
08:34 2019-06-12

CORRECTED-FCA to invest 700 mln euros for new electric 500 model production Fiat Chrysler will invest an overall amount of 700 million euros ($788 million) to build a production line for the new electric version of the 500 model (BEV), a top group executive said....
14:34 2019-07-11

UPDATE 1-Portugal to buy five Embraer military planes for 827 mln euros Portugal's government will buy five KC-390 military transport aircraft and a flight simulator from Brazilian aerospace company Embraer for 827 million euros ($932 million), Defence Minister Joao Gome...
16:51 2019-07-11

Bluebird prices gene therapy at 1.575 mln euros over five years Bluebird bio Inc on Friday set a price for its gene therapy, Zynteglo, at 1.575 million euros ($1.78 million) over five years, after winning conditional approval in Europe this month to treat a rare g...
14:51 2019-06-14

Porto ordered to pay nearly 2 million euros to rival Benfica PORTO, Portugal (AP) — A judge has ordered Porto to pay nearly 2 million euros ($2.2 million) for releasing internal emails obtained from Portuguese rival Benfica. The club must also return any docume...
21:34 2019-06-07

Google to invest euros in new data centre in Finland - STT report Google owner Alphabet Inc said it would invest 600 million euros ($672 million) in a new data centre in Hamina, Finland, it said, according to a report by Finnish STT news agency on Monday....
11:17 2019-05-27

Bluebird prices gene therapy at 1.58 million euros over 5 years Bluebird bio Inc on Friday set a price for its gene therapy, Zynteglo, at 1.58 million euros ($1.78 million) over five years, after winning conditional approval in Europe this month to treat a rare ge...
00:34 2019-06-15

Debut Dutch green bond lures more than 20 bln euros of orders (In May 21 story, corrects paragraph 3 to show 82.5% of bids from green money accounts were allocated. Also corrects para 8 to say that green investors were eligible for a 10% higher allocation, not t...
23:51 2019-05-23

Bluebird prices gene therapy at 1.575 million euros over five years Bluebird bio Inc on Friday set a price for its gene therapy, Zynteglo, at 1.575 million euros ($1.78 million) over five years, after winning conditional approval in Europe this month to treat a rare g...
20:34 2019-06-14

EU clears 431 million euros aid for cleaner transport in German cities The European Commission said on Wednesday it had cleared 431 million euros ($482.8 million) of public support by German authorities to cities to adapt diesel-powered municipal and commercial vehicles ...
12:34 2019-06-19

Case Against Carlos Ghosn For 11 Million Euros Of "Questionable" Expenses The finance minister of France, which holds a 15 percent stake in Renault, said Wednesday the auto giant plans to bring a case against former chief executive Carlos Ghosn after identifying 11 million....
13:17 2019-06-05

England’s Wan-Bissaka gifts France win at U-21 Euros despite penalty misses • England Under-21s 1-2 France Under-21s • Wan-Bissaka scores late own goal after Choudhury sent offFrom class to calamity: England’s opening night against France, and possibly their entire European C...
02:34 2019-06-19

Springer jobs portal buys Appcast for 70 million euros German publisher Axel Springer said on Monday that its Stepstone jobs portal had bought an 85% stake in Appcast, a U.S. technology company specializing in so-called programmatic advertising, for aroun...
15:00 2019-07-01

Osram says AMS has made non-binding takeover offer at 38.50 euros per share German lighting group Osram Licht on Monday said it had been approached by Austria's AMS to discuss a non-binding takeover offer at 38.50 euros per share....
21:00 2019-07-15

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.       ...
19:51 2019-06-14

Atletico to sign Benfica's Joao Felix for 120 million euros - report "Atletico Madrid are set to sign Portugal midfielder Joao Felix from Benfica for 120 million euros ($135 million), Spanish newspaper Marca said on Monday."...
21:51 2019-06-17

France To Give 7 Lakh Euros For Railway Station Development In India The Indian Railway Station Development Corporation or IRSDC has entered into a tripartite agreement with French National Railways SNCF and French Development Agency AFD, under which a grant of up to 7...
07:34 2019-06-11

Prosecutors fine Bosch 90 million euros for emissions cheating role Automotive supplier Bosch has agreed to pay a 90 million euros ($100.21 million) fine for lapses in supervisory duties which enabled carmakers to engage in emissions cheating, German prosecutors in th...
23:51 2019-05-23

Prosecutors Fine Bosch 90 Million Euros For Illicit Emissions Software Automotive supplier Bosch has agreed to pay a 90 million euros ($100.21 million) fine for lapses in supervisory duties which enabled carmakers to engage in emissions cheating, German prosecutors in......
18:34 2019-05-23

Deutsche Bank to pay Vestia 175 million euros settlement in derivatives suit Dutch housing cooperation Vestia said on Friday Deutsche Bank would pay it 175 million euros ($197 million) to settle claims the German bank had improperly sold it interest rate derivatives....
17:00 2019-07-12

Gareth Southgate flying out to watch England Under-21s Euros opener against France It is an indication of how important Gareth Southgate considers this month's European Under-21 Championship that he is due to fly out to watch England's rising stars at the tournament....
14:17 2019-06-18

Fund manager Glennmont raises 850 million euros for clean energy investment Fund manager Glennmont Partners has raised 850 million euros ($947 million) at the final close of its third clean energy fund, which will invest in renewables projects in Europe and Britain, it said o...
02:34 2019-06-04

YouTube star fined 20,000 euros for tricking homeless man into eating Oreo filled with toothpaste A YouTube star who tricked a homeless man into eating an Oreo filled with toothpaste has been handed a 15-month jail sentence and banned from social media for five years....
00:51 2019-06-04

England vs Romania, U21 Euros LIVE stream: How to watch today's football on TV and online England find themselves in must-win territory at the European Under-21 Championship​ as they take on Romania in Cesena, northern Italy this afternoon....
18:51 2019-06-21

England vs Romania: Under-21 Euros 2019 prediction, odds, live stream, channel, tickets, h2h England find themselves in must-win territory at the European Under-21 Championship​ as they take on Romania in Cesena, northern Italy on Friday afternoon....
00:34 2019-06-21

New West Ham signing Pablo Fornals scores as Spain Under-21s reach Euros quarter-finals Spain's Under-21 team have advanced to the semi-finals of the European Championship in Italy and also sealed qualification for next year's Olympic Games after thrashing Poland 5-0 in Bologna on Saturd...
11:51 2019-06-23

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 pa...
00:00 2019-06-21

Lego strikes deal to buy back Legoland; deal includes Madame Tussauds The owner of popular Lego brand toys is about to be reunited with Legoland theme parks — and wax museum Madame Tussauds. A group of investors, including the family behind toy giant Lego, has agreed to...
21:34 2019-06-28

Trump encourages UK to go for no-deal Brexit ahead of state visit, offers Britain trade deal with US President Donald Trump encouraged the United Kingdom to walk away from negotiations with the European Union if they are unable to secure a favorable Brexit deal....
20:17 2019-06-02

| 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 Don...
16:51 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-bas...
03:17 2019-06-19

Deal or no deal: what next for Brexit, the Tories and the country? Things will have to move fast if the new PM is to take the UK out of the EU before 31 OctoberToday’s developments - liveNow that Theresa May has announced her resignation date, what happens next?Initi...
00:17 2019-05-25

Deal or no deal, we leave EU on Oct. 31: UK PM candidate Johnson Boris Johnson, frontrunner to be Britain's next prime minister, promised on Monday to lead the country out of the European Union on Oct. 31 with or without an exit deal, launching his leadership bid i...
17:51 2019-06-03

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, Pika...
21:51 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 ther...
18:51 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....
19:34 2019-07-07

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....
12:34 2019-07-12

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 Am...
18:17 2019-06-10

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....
10:34 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....
19:51 2019-06-06

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....
12:00 2019-06-13

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...
02:17 2019-07-13

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....
01:00 2019-05-24

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....
18:34 2019-06-10

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 ...
21:01 2019-05-21

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...
01:17 2019-05-31

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....
18:34 2019-06-13

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...
21:34 2019-06-07

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....
14:51 2019-07-01

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....
06:00 2019-07-10

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, i...
00:51 2019-05-22

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....
14:34 2019-07-02

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 represe...
02:34 2019-06-19

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.       ...
00:51 2019-07-03

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 h...
03:00 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. ...
15:51 2019-06-14

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....
21:00 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 networ...
17:17 2019-07-09

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....
22:34 2019-07-11

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 fu...
21:34 2019-06-27

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)    ...
08:51 2019-06-19

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 traffi...
06:51 2019-07-06

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...
07:51 2019-05-25

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....
17:51 2019-05-21

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 tec...
18:00 2019-06-17

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....
02:17 2019-07-19

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....
15:00 2019-05-21

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)   &#...
05:17 2019-07-02

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 ce...
23:51 2019-07-06

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 ...
13:34 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 forme...
08:34 2019-07-11

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 port...
01:51 2019-05-30

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, sli...
12:17 2019-06-12

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-relat...
22:34 2019-06-10

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...
05:01 2019-06-04

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....
20:17 2019-05-28

Mozambique seeks $3.2 billion to recover from 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...
11:17 2019-05-30

May budget deficit hits record $207.8 billion WASHINGTON (AP) — The federal government’s budget deficit in May rose to a record $207.8 billion, 41.5% higher than a year ago. Most of that increase reflected the impact of calendar quirks that...
20:17 2019-06-12

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 w...
23:34 2019-07-12

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&...
02:17 2019-05-24

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 ...
02:51 2019-07-02

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....
06:51 2019-07-02

Swiss Re plans $4.5 billion IPO for UK unit to help expansion Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put it under a more favorable regulatory regime and give it easier access to capital to fund its...
11:34 2019-06-07

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,...
13:51 2019-05-30

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 Commissi...
23:17 2019-06-05

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.      ...
00:17 2019-07-04

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....
19:00 2019-07-09

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......
11:00 2019-06-06

Frontier Communications to sell some assets for $1.35 billion Telecom service provider Frontier Communications Corp said on Wednesday it would sell its assets in some U.S. states to investment firms WaveDivision Capital LLC and Searchlight Capital Partners LLC f...
16:34 2019-05-29

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 t...
07:17 2019-06-11

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 Eag...
20:00 2019-07-15

Uber's First-Quarter Loss Tops $1 Billion The ride-hailing company’s loss topped $1 billion in its first quarterly report as a public company, affirming its continuing challenge of spending heavily to fend off ride-hailing and delivery rivals...
23:34 2019-05-30

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 ...
09:34 2019-07-06

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....
19:01 2019-06-04

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 overcam...
02:17 2019-05-29

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 Cambrid...
23:17 2019-07-12

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 id...
06:51 2019-07-06

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 ‘Aphrodi...
12:34 2019-06-05

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....
14:34 2019-07-06

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...
15:17 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 t...
06:01 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 nu...
19:34 2019-05-23

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....
13:34 2019-06-18

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 mana...
12:17 2019-06-23

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 2...
03:51 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...
21:51 2019-06-20

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....
17:17 2019-06-20

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....
15:00 2019-06-17

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....
20:51 2019-06-14

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 crea...
14:00 2019-06-18

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 Fe...
18:34 2019-06-27

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 Syst...
05:51 2019-06-15

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, ...
00:51 2019-05-22

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 ap...
02:01 2019-05-23

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...
03:34 2019-06-17

| 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....
05:51 2019-06-19

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 cont...
00:00 2019-07-21

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....
14:00 2019-07-01

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.       ...
18:51 2019-07-01

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 ...
23:34 2019-06-22

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 shar...
04:51 2019-06-13

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 ...
20:00 2019-06-21

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 ...
15:34 2019-05-22

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."...
05:51 2019-06-07

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....
08:34 2019-07-10

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 re...
22:51 2019-06-18

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 ...
00:51 2019-05-22

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....
02:17 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 t...
18:51 2019-07-15

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 Societ...
03:17 2019-07-09

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....
01:51 2019-06-19

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 tou...
13:34 2019-07-19

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....
02:51 2019-06-19

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 wit...
20:17 2019-06-07

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....
09:17 2019-07-09

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.       ...
23:17 2019-07-15

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....
02:17 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....
02:00 2019-05-28

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...
13:17 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...
11:00 2019-06-06

How Supreme Got Pulled Into a Fight for Its Billion-Dollar Brand Nearly every brand from Gap to Gucci has battled copycats around the globe. But Supreme, the world’s hottest streetwear brand, is battling an opponent who has registered trademarks and opened stores....
21:51 2019-06-28

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....
15:34 2019-07-09

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 af...
23:17 2019-06-17

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...
08:34 2019-05-22

Google to buy data analytics firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian....
16:00 2019-06-06

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...
02:34 2019-07-16

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 T...
18:00 2019-06-06

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...
17:34 2019-06-05

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...
21:00 2019-06-17

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 wor...
19:51 2019-06-06

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 ex...
08:34 2019-07-19

Anadarko approves $20 billion LNG export project in Mozambique U.S. energy firm Anadarko Petroleum Corp on Tuesday gave the go-ahead for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved...
01:51 2019-06-19

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......
07:34 2019-06-28

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,....
16:17 2019-06-01

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....
13:34 2019-07-13

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...
16:17 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 sa...
22:34 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....
15:34 2019-05-21

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&...
17:51 2019-05-31

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 ...
05:51 2019-06-23

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....
17:00 2019-07-12

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 out a hefty fine of $5 billio...
09:17 2019-07-13

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 Cha...
23:17 2019-05-29

$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....
03:51 2019-07-13

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)....
15:00 2019-06-22

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 Satu...
12:34 2019-06-22

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 Wunderm...
22:00 2019-07-12

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 l...
21:51 2019-05-30

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 s...
01:34 2019-06-22

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....
08:51 2019-05-29

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....
08:51 2019-05-29

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 ...
15:34 2019-07-11

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....
07:34 2019-06-19

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 ful...
17:51 2019-06-19

U.S. Reaches $1.4 Billion Opioid-Drug Settlement With U.K.'s Reckitt U.K. consumer-goods company Reckitt Benckiser will pay up to $1.4 billion to settle U.S. investigations into whether its former pharmaceuticals unit organized a multibillion-dollar fraud to drive up s...
16:34 2019-07-11

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 ne...
20:34 2019-05-21

$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....
23:51 2019-06-19

Britain’s Ineos to invest $2 billion in Saudi plants MADRID (AP) — British petrochemicals maker Ineos is investing $2 billion to build three plants in Saudi Arabia, as western companies appear to be shedding their reluctance to do business with the king...
13:34 2019-06-03

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....
10:34 2019-07-20

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....
17:00 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....
17:00 2019-05-21

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......
10:34 2019-05-30

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...
16:51 2019-05-21

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 y...
17:00 2019-07-02

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 b...
23:00 2019-07-11

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 t...
16:00 2019-06-02

Mega Millions Jackpot Goes Up To Nearly Half A Billion Dollars (CNN/LEX 18) – If you’re feeling lucky now would be a good time to buy a lottery ticket. The Mega Millions jackpot has grown to nearly half of billion dollars. The winning numbers on Frida...
01:34 2019-06-02

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 Cambridg...
01:17 2019-07-13

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......
18:34 2019-07-04

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....
18:17 2019-07-02

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 t...
21:51 2019-05-23

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....
18:17 2019-06-13

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.....
03:17 2019-07-06

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....
14:34 2019-06-17

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...
03:17 2019-07-04

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 fi...
13:51 2019-05-25

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 ......
12:34 2019-07-02

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....
17:17 2019-06-17

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 ...
23:17 2019-07-18

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......
15:17 2019-06-29

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....
19:34 2019-06-17

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....
18:34 2019-06-10

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 de...
13:17 2019-06-10

United Technologies, Raytheon both gain on $121 billion merger Stock market investors gave their seal of approval to the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp on Monday, pushing shares of both companies higher after th...
16:17 2019-06-10

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....
23:17 2019-05-24

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 could potentially be a bargaining chip in settling the dispute....
08:17 2019-05-24

Buffett to Donate $3.6 Billion of Berkshire Stock to Five Foundations Warren Buffett, chairman of Berkshire Hathaway, pledges to donate shares worth about $3.6 billion to five foundations, as part of his plan to give away most of his wealth to charities and other philan...
14:00 2019-07-01

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....
16:17 2019-06-10

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......
10:34 2019-07-03

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....
14:34 2019-06-10

Walmart to invest $1.2 billion in China to upgrade logistics Walmart 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 Monday....
14:51 2019-07-01

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...
00:34 2019-05-25

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.       ...
14:17 2019-06-17

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....
17:17 2019-06-10

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......
23:17 2019-06-15

$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 imp...
03:34 2019-07-02

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 (CF...
04:51 2019-07-07

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 i...
00:17 2019-07-19

Germany ends 5G frequency auction, raises $7.4 billion BERLIN (AP) — Germany’s auction of frequencies for a super-fast 5G network has ended after nearly three months, raising more money for the government than was originally expected: 6.55 billion e...
20:17 2019-06-12

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 E...
21:00 2019-07-16

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 be...
21:01 2019-05-23

Axe falls as Deutsche Bank lays off 18,000 in $8.3 billion reinvention Deutsche Bank laid-off staff from Sydney to New York on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which will lead to yet another annual loss and knocked its...
18:00 2019-07-08

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.....
19:17 2019-07-01

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 i...
01:34 2019-07-19

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 s...
01:34 2019-06-13

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....
21:51 2019-06-12

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 billio...
14:17 2019-06-14

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....
12:00 2019-06-14

Axe falls on 18,000 Deutsche Bank jobs in $8.3 billion reinvention Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which Germany's largest lender said would mean yet another a...
16:51 2019-07-08

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 Presid...
23:51 2019-05-23

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 confi...
22:34 2019-07-07

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 he...
15:34 2019-06-11

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 Beec...
00:01 2019-06-15

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...
18:34 2019-07-03

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 ...
23:17 2019-07-01

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 orde...
22:17 2019-06-14

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 Europea...
07:51 2019-06-09

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 job...
22:34 2019-07-07

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 governm...
01:51 2019-06-19

California lawmakers approve legislation for $21 billion wildfire fund California lawmakers approved legislation on Thursday to create a $21 billion fund to help utilities in the state pay for claims arising from future wildfires sparked by their equipment, tackling a to...
00:17 2019-07-12

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 ...
06:51 2019-06-01

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....
23:34 2019-06-02

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....
20:17 2019-07-02

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 p...
20:17 2019-07-02

Slack stock surges at debut, values company at more than $25 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 bil...
21:51 2019-06-20

Slack surges 50% in unusual listing, grabs $23 billion valuation Shares of Slack Technologies Inc surged 50 percent in their debut through a direct listing on Thursday, giving the workplace messaging app owner a valuation of about $23 billion....
21:51 2019-06-20

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 bill...
06:34 2019-06-14

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.       ...
17:34 2019-07-02

Colgate to buy skin care business of France's Filorga for $1.69 billion Colgate-Palmolive Co said on Thursday it would buy the skin care unit of France's Laboratoires Filorga Cosmétiques for 1.50 billion euros ($1.69 billion), as the consumer goods company bolsters its p...
02:51 2019-07-12

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....
15:51 2019-07-02

Volkswagen to inject $2.6 billion into Ford unit Argo AI: source Carmaker Volkswagen will inject $2.6 billion into Ford's self-driving unit Argo AI at an overall valuation of $7 billion in the deal, a source close to the matter said on Friday....
11:34 2019-07-12

Alibaba files for HK listing that may raise $20 billion as soon as third quarter: source China's biggest e-commerce company Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing that could raise up to $20 billion as early as the third quarter of this year, a person wi...
15:17 2019-06-13

Malaysia aims to recover about $5 billion in 1MDB-linked assets Malaysia is looking to recover about $5 billion worth of foreign assets linked to state fund 1MDB, set up in 2009 by then prime minister Najib Razak and the subject of money laundering probes, an anti...
08:17 2019-06-21

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 tran...
23:17 2019-06-22

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....
01:17 2019-07-02

White House Unveils $50 Billion Economic Plan for Palestine WASHINGTON — The White House on Saturday unveiled a $50 billion Palestinian investment and infrastructure proposal aimed at supporting its much-anticipated but still unreleased “deal of th...
20:34 2019-06-22

KKR to sell Korea-based KCFT to SK Group affiliate for $1 billion U.S. private equity investor KKR & Co Inc said on Wednesday it is selling Korea-based KCF Technologies (KCFT) to SKC, an affiliate of South Korean conglomerate SK Group, for 1.19 trillion won ($1 bill...
07:51 2019-06-13

U.S. regulators approve $5 billion Facebook settlement over privacy issues: WSJ The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its investigation into the social media company's handling of user data, the Wall Street Jo...
22:34 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....
03:00 2019-06-22

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....
22:17 2019-06-21

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....
10:34 2019-05-30

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....
01:51 2019-05-31

Amazon Prime Day to test one-day delivery as value of sales could soar to as much as $6 billion Amazon Prime Day, which begins in just three days, will test the company's promise to provide one-day shipping for more than 10 million products on what may be a record-setting event....
19:00 2019-07-12

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......
15:34 2019-07-02

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 g...
02:17 2019-05-31

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 ...
00:51 2019-06-01

U.S. equity funds add $1.7 billion ahead of Fed chair testimony: BAML Investors pumped money into bonds and equities in the week to Wednesday with U.S. stock funds adding $1.7 billion, Bank of America Merrill Lynch said on Friday, as markets tried to weigh hopes for......
13:51 2019-07-12

Slack Stock Soars, Putting Company’s Public Value at $19.5 Billion The workplace messaging company’s shares rose on the stock market on Thursday, putting its value at nearly triple that of when it was a private firm....
00:34 2019-06-21

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 s...
04:00 2019-06-22

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....
15:00 2019-07-01

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....
16:17 2019-05-31

Uber Posts $1 Billion Loss in Its First Quarter as a Public Company Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public......
09:01 2019-05-31

Slack stock surges at debut, values company at more than $23 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 bil...
01:01 2019-06-21

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...
16:00 2019-06-20

U.S. State Department approves possible $2.2 billion arms sale to Taiwan The U.S. State Department has approved the possible sale to Taiwan of M1A2T Abrams tanks, Stinger missiles and related equipment at an estimated value of $2.2 billion, the Pentagon said on Monday....
00:17 2019-07-09

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; ...
03:17 2019-06-08

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,...
22:51 2019-07-07

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....
19:51 2019-06-17

$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,....
17:00 2019-07-09

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....
18:51 2019-06-08

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....
04:17 2019-06-29

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 S...
18:51 2019-07-06

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....
00:01 2019-06-10

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 awaiting President Donald Trump's signature is earmarked for farms -- but it is unclear who will be eligible....
16:17 2019-06-05

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.       ...
15:34 2019-06-17

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....
16:17 2019-06-18

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......
20:51 2019-06-17

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....
00:17 2019-07-09

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 i...
17:17 2019-06-07

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 i...
14:51 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 ...
23:17 2019-07-08

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....
04:17 2019-07-09

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....
20:51 2019-06-17

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, media reports said on Friday....
23:00 2019-06-21

U.S. Plans More Than $2 Billion in Weapons Sales to Taiwan, Angering Beijing The U.S. is planning a new effort to help the Taiwanese government upgrade its military by allowing Taipei to buy billions of dollars’ worth of weapons systems, possibly including more than 100 tanks—...
04:51 2019-06-07

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...
05:51 2019-07-09

Google to acquire big data analytics company Looker for $2.6 billion Google has announced plans to acquire big data analytics platform Looker in a $2.6 billion all-cash transaction, as it looks to gain ground on Amazon.Read More...
00:34 2019-06-07

Trump Administration Plans to Sell More Than $2 Billion of Arms to Taiwan The proposed weapons package, including 108 tanks, is the costliest in recent years. The sale would add to tensions between the United States and China....
22:51 2019-06-06

Stranger Things Is Netflix's Hunt for a Billion-Dollar Franchise For all of Netflix's success, it has struggled to dispel industry criticism that it churns through projects, never giving a show more than a few weeks in the spotlight....
12:17 2019-07-09

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....
10:17 2019-06-05

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 o...
16:51 2019-06-18