billion
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Poor States’ Summit Promised Just $1.4 Billion: UN
UN Deputy Secretary-General Amina Mohammed told the Doha Least Developed Countries meeting that the poorest states are falling behind in reaching development goals AFP Just $1.4 billion in new loans…
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Civilians Killed in Air Strikes, Nuclear Plant Without Power as Ukraine Gets 2 Billion Euro Arms Offer From EU
The European Union pledged weapons and ammunition worth 2 billion euros to Ukraine even as Russia intensified attacks across the country. Top EU diplomat Josep Borrell said the timely delivery…
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Chinese PM Calls for Army’s Combat Readiness, Increases Military Budget to $224 Billion
Chinese Prime Minister Li Keqiang said the People’s Liberation Army (PLA) should increase combat preparedness and enhance its capabilities, revealing Beijing’s nervous anticipation of potential conflicts over Taiwan and South…
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$25,000 Tesla Car in the Making? Elon Musk Lays Out Low Cost Future, $175 Billion Investment to Boost Production
An Investor Day presentation by Tesla executives have fueled expectations for an array of affordable electric vehicles from the leading EV maker, but chief executive Elon Musk did not divulge…
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World Bank Announces Additional $2.5 Billion In Ukraine Aid; Total Reaches $20.6 Billion
The World Bank on Friday announced $2.5 billion in additional grant financing from the U.S. Agency for International Development (USAID) to support Ukraine’s budget and maintain essential services. The latest…
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One Billion Users, But Bans Mount Up For TikTok
Global action against TikTok, owned by Chinese firm ByteDance, kicked off in earnest in India in 2020 AFP TikTok’s breakneck rise from niche video-sharing app to global social media behemoth…
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In Argentina’s Drought-hit Fields, Billion Dollar Losses And Farmers Going Under
Dried sunflowers are seen on a farm, amid Argentina’s worst drought in sixty years, in Tostado, northern Santa Fe Argentina February 8, 2023. Reuters In the Argentine town of Ciguena,…
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TSMC Shares Dive After Warren Buffett Offloads $3.7 Billion Worth of Shares Unexpectedly
Investing maven Warren Buffett surprisingly sold about $3.7 billion worth of shares in semiconductor giant TSMC on Tuesday, fueling speculation on the Wall Street and driving the shares of the…
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Ford Motor to Set Up $3.5 Billion Plant to Make Low-Cost EV Batteries Using Chinese Technology
Ford Motor is investing $3.5 billion in a greenfield electric vehicle battery plant it is setting up in Michigan, and will have technology collaboration with a Chinese supplier, Contemporary Amperex…
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The Cost of Earthquake: Turkey Suffers Loss of At Least $84 Billion; GDP to Fall by 2 Percentage Points
Even as the combined death toll in the earthquakes that hit Turkey and Syria last week crossing 36,000 and the rescue window closing, the focus has shifted to the economic…
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Pakistan Says Agrees To IMF Conditions On Release Of $1.1 Billion Funding
Men reach out to buy subsidised flour sacks from a truck in Karachi, Pakistan January 10, 2023. Reuters Pakistan has agreed with the International Monetary Fund on the conditions to…
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Turkey’s battered economy hit further by earthquake, estimate puts loss at $50 billion; Death toll surpasses 21,000
Some heartbreaking moments from Turkey’s earthquake aftermath The death toll from the devastating earthquakes in Turkey and Syria four days ago has surpassed 21,000, according to latest data released by…
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U.S. Set To Loan Redwood Materials $2 Billion For EV Materials Plant
L-R: Tesla Chief Executive Elon Musk, Tesla Chief Technical Officer JB Straubel and Yoshi Yamada senior advisor from Panasonic participate in a news conference at the Tesla Gigafactory near Sparks,…
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BlackRock-led Investors In Aramco Pipelines Target Around $4 Billion In Bond Sale
General view of Aramco tanks and oil pipe at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Reuters BlackRock Inc-led investors in Saudi…
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BNP Paribas Raises 2025 Targets, Announces 5 Billion Euro Share Buyback
BNP Paribas is seen in this illustration taken, May 1, 2022. Reuters BNP Paribas, the euro zone’s biggest lender, on Tuesday raised its 2025 targets and announced a 5 billion-euro…