NASA to discontinue US$2 billion satellite servicing project on higher costs, schedule delays
NASA said on Friday it is shutting down a more than US$2 billion project to test satellite servicing like fueling ...
Tag: Billion
IM Motors raises US$1.1 billion in one of China EV brands’ biggest recent deals
IM MOTORS, a premium electric vehicle brand of state-owned Chinese automaker SAIC, said on Friday (Mar 1) it has raised ...
JPMorgan picks HSBC, StanChart to run US$500 billion custody business in Hong Kong, Taiwan
JPMORGAN Chase has selected HSBC and Standard Chartered to operate its custody businesses in Hong Kong and Taiwan, with assets ...
Kodak explores tapping pension fund’s US$1.2 billion surplus
EASTMAN Kodak is contemplating a move to unlock gains created by its overfunded pension system, according to sources with knowledge ...
AMD’s market value tops US$300 billion on wave of AI-fuelled rally
ADVANCED Micro Devices (AMD) shares jumped on Thursday (Feb 29), with the chipmaker extending a surge to hit its latest ...
LSEG confirms £1 billion buyback after in-line 2023 earnings
LONDON Stock Exchange Group (LSEG) reported preliminary full year income for 2023 at the higher end of guidance, and confirmed ...
Kodak disbands team managing US$4 billion of pension investments
EASTMAN Kodak is disbanding a team that manages the firm’s US$4 billion of pension investments, according to sources with knowledge ...
Rolex sales top US$10 billion in 2023 as luxury watchmaker gains ground
ROLEX sales crested US$10 billion for the first time as the top Swiss watch brand gained market share, according to ...
Rolex sales top US$10 billion as luxury watchmaker gains ground, Morgan Stanley says
ROLEX sales crested US$10 billion for the first time as the top Swiss watch brand gained market share, according to ...
Google hit with 2.1 billion euro lawsuit by Axel Springer, other media groups
ALPHABET’S Google was hit with a 2.1-billion-euro (S$3.1 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on ...
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