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IFC, HSBC ink US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countriesTHE International Finance Corporation (IFC), the World Bank’s private finance...
Alaska Airlines sees US$1 billion jump in profit after merger with Hawaiian Airlines
ALASKA Airlines on Tuesday unveiled a plan to generate US$1 billion in additional profits by 2027 by leveraging its acquisition of Hawaiian Airlines and booming demand for premium travel, sparking a...
Global airlines forecast US$1 trillion 2025 revenue despite plane shortage
GLOBAL airlines body International Air Transport Association (Iata) forecast industry-wide 2025 revenue of more than a trillion US dollars and record passenger numbers, despite what its chief Willie Walsh...
ExxonMobil considering sale of Singapore petrol stations for US$1 billion: sources
THE largest bloc of petrol stations in Singapore may soon hit the market. US energy major ExxonMobil – which is believed to have 59 petrol stations under the Esso...
Indonesia expects US$1 billion investment commitment from Apple in a week
INDONESIA is expecting to get a US$1 billion investment commitment from tech firm Apple in a week, its investment minister said on Tuesday (Dec 3), after the government banned...
ExxonMobil is said to weigh sale of US$1 billion Singapore gas stations
OIL major ExxonMobil is considering a sale of its gas stations in Singapore, which could raise about US$1 billion, according to sources familiar with the matter.ExxonMobil is working with...
China’s Trustar raises US$1 billion for vehicle that holds McDonald’s China stake: sources
TRUSTAR Capital has raised US$1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake in McDonald Corp’s operations in mainland China and Hong...
Tesla hits US$1 trillion market value as Musk-backed Trump win fans optimism
TESLA’S market value breached the US$1 trillion-mark in a sharp rally on Friday (Nov 8), on growing bets of a favourable treatment for CEO Elon Musk’s companies in return...
