Tag: billion
-
NBCUniversal to be split from Comcast in latest media shakeup
June 29 : Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals and industry consolidation.Shares of the company rose nearly 8 per cent on Monday
-
EIB announces largest-ever loan: €3 billion to Airbus
The European Investment Bank (EIB) has said the loan, the largest in its history, is aimed at helping boost the EU plane maker’s research efforts. The money will be directed to commercial and defense projects.
-
Prosus profit jumps 84% as deal spree sets stage for European push
June 29 : Dutch digital services operator Prosus reported an 84 per cent leap in full-year adjusted core profit on Monday as it looks to expand its successful Latin American business model across Europe following a run of aggressive dealmaking.Prosus deployed some $8.5 billion for acquisitions over the past y
-
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.
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: Markets Breaking News: Politics Breaking News: Technology Business business news china cup Donald J. Trump Donald Trump economy European Union fast football France germany Heatwave Investment strategy iran Iran war markets news People per politics return russia said Singapore spain Sport Stock markets technology trump ukraine United Kingdom United States US-Israel attack on Iran 2026 video War in Ukraine World world cup 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
