India’s largest bank plans to raise 250 billion rupees in share sale
State Bank of India, or SBI, plans to raise 250 billion rupees (S$3.8 billion) through new shares and this fiscal ...
Tag: Billion
General Motors Cuts 2025 Profit Forecast as Tariffs Undercut $5 Billion, Plans US Expansion
The year 2025 has been a tumultuous one for the US auto industry, with changing trade policies causing significant upheaval, ...
GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the ...
Trump-linked stablecoin used for Abu Dhabi’s US$2 billion Binance deal
Published Thu, May 1, 2025 · 07:27 PM World Liberty Financial, the Trump family’s decentralised finance project, said its new ...
Telegram weighs US$2 billion bond sale to refinance 2021 debt
Published Thu, May 1, 2025 · 01:45 PM Telegram is holding investor meetings about a bond sale worth about US$2 ...
Amazon to invest US$4 billion to expand rural delivery network in US
The investment will grow its rural delivery network to more than 200 delivery stations and create 100,000 jobs, the company ...
Ripple offered to buy stablecoin rival Circle for up to US$5 Billion
The offer comes as crypto dealmaking accelerates following a run-up in digital-token values, which has spurred several players to ramp ...
Chinese sovereign fund CIC to sell US$1 billion of US private equity investments: sources
Chinese sovereign investor China Investment Corporation (CIC) is selling about US$1 billion of its private equity (PE) investment portfolio in ...
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Published Tue, Apr 29, 2025 · 01:46 PM Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 ...
HSBC launches US$3 billion buyback after Q1 profit drops 25%, raises tariff alarm
HSBC launched a US$3 billion share buyback after reporting a 25 per cent fall in first-quarter profit on Tuesday (Apr ...
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