US1
How one of the tiniest oil markets cost Singapore-based Trafigura over US$1 billion
Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs of France three times over. Its global reach stretches...
Boeing to book more than US$1 billion in wage-related costs from new labour proposal, analysts forecast
BOEING is expected to book more than US$1 billion in wage-related expenses from its proposed labour contract, analysts said. About 33,000 workers will vote on the contract proposal on...
China’s Zijin Mining to buy Newmont’s Ghana gold project for US$1 billion
CHINA’S Zijin Mining Group will buy the Akyem Gold Mine Project in Ghana from US-based Newmont for US$1 billion, the companies said on Wednesday (Oct 9).The sale is a...
FTX clear to repay customers as firms seek slice of US$1 billion
CRYPTOCURRENCY firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded nearly two years ago, an unusual result that...
Activist Starboard Value takes US$1 billion stake in Pfizer
Activist investor Starboard Value has taken a stake of about US$1 billion in Pfizer and is seeking to spur a turnaround of the struggling pharmaceuticals giant, according to a...
Temasek in talks for US$1 billion-plus stake in India’s biggest snack maker
TEMASEK is in talks to buy a minority stake in Haldiram Snacks, sources familiar with the matter said, a transaction that may value India’s biggest snack maker at about...
Assets in actively managed ETFs top US$1 trillion worldwide
ASSETS in actively managed exchange-traded funds (ETFs) worldwide hit a record US$1 trillion at the end of August, according to data provider ETFGI, boosted by easier regulations and a...
China Resources Beverage aims to launch up to US$1 billion Hong Kong IPO in October: sources
DRINKS maker China Resources Beverage is aiming to launch its Hong Kong initial public offering to raise up to US$1 billion in October, according to two sources with direct...
