Tag: billion
-
Banks get creative and look further afield as AI-fueled debt soars
NEW YORK, June 29 : As corporate borrowing tied to artificial intelligence shows no sign of slowing, bankers are coming up with new ways to sell ever larger volumes of debt.The surge in spending on chips, cloud infrastructure and data centers has led large technology companies, known as hyperscalers, to incre
-
Prosus core earnings leap 84% as all regions post profit
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday, with its consumer platforms profitable across all regions for the first time.Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) across its digital services and
-
China Eastern Airlines to buy 25 Airbus A330neo jets for US$9.4 billion
HONG KONG: China Eastern Airlines said on Friday (Jun 26) that it plans to buy 25 A330neo jets from Airbus for a catalogue price of about $9.35 billion, as the Chinese carrier expands its widebody fleet to serve more international routes.The aircraft are scheduled to be delivered in batches from 2029 to 2033,
-
EU releases €3.2 billion from Ukraine recovery fund
EU leaders announced the disbursement of €3.2 billion for Ukraine’s recovery. The funds are earmarked for rebuilding infrastructure and boosting energy systems as Kyiv pushes for EU membership.
-
Tech weakness sends weekly global equity fund inflows sharply lower
June 26 : Global equity fund inflows slowed sharply in the week to June 24, as concerns over debt-funded technology spending and a hawkish stance of the U.S. Federal Reserve cooled risk appetite.Investors purchased a net $7.51 billion worth of global equity funds during the week, down about 86 per cent from n
-
Onsemi to buy Synaptics in $7 billion all-stock deal
June 25 : Onsemi said on Thursday it had agreed to acquire Synaptics in an all-stock deal valued at about $7 billion, potentially broadening the chipmaker’s presence in the fast-growing market for AI-enabled devicesShares of Onsemi fell about 7.4 per cent in extended trading, while those of Synaptics were d
-
Amazon to invest additional $13 billion in India cloud, AI
June 25 : Amazon said on Thursday it will invest an additional $13 billion by 2030 in India to expand its AI and cloud infrastructure.The new investment is in addition to its planned $35 billion funding announced last year, taking the e-commerce firm’s investment in the country to $48 billion through 2030.
-
Micron forecasts strong quarterly results on soaring memory chip demand
June 24 : Micron Technology forecast quarterly earnings above Wall Street estimates on Wednesday, signaling that heavy investments in AI-related infrastructure will drive strong demand for memory chips, sending its shares up more than 9 per cent in extended trading.The company expects fourth-quarter revenue o
-
Qualcomm to buy startup Modular for $4 billion in AI software push
June 24 : Qualcomm said on Wednesday it would buy AI startup Modular in an all-stock deal valued at nearly $4 billion, gaining access to software that runs AI models across chips without having to write code for each processor. Buying Modular pits Qualcomm against CUDA, the software platform t
-
Qualcomm to buy AI startup Modular for $4 billion in AI software push
June 24 : Qualcomm said on Wednesday it would buy AI startup Modular in an all-stock deal valued at nearly $4 billion, gaining access to software that runs AI models across chips without having to write code for each processor. Buying Modular pits Qualcomm against CUDA, the software platform t
Latest News
Stay Connected
Categories
BBC News CNA CNBC CNN International Deutsche Welle (DW) Euronews France 24 General Global & European Specialized & Regional
Tags
amp Artificial intelligence Asia Breaking News: Business Breaking News: Markets Breaking News: Politics Breaking News: Technology Business business news cent china cup Donald J. Trump Donald Trump economy European Union fast football France germany india Investment strategy iran Iran war markets People per politics return russia S&P 500 Index said Singapore spain Sport Stock markets technology trump ukraine United States US-Israel attack on Iran 2026 video War in Ukraine World World Cup 2026
About the Author
AF themes
Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
