Billion News
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JSW Group to set up nearly $5 billion in EV projects in eastern India
India's JSW Group will set up electric vehicles and battery manufacturing projects in the country's eastern state of Odisha at...
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The secret life of gift cards: Here's what happens to the billions that go unspent each year
Gift cards make great stocking stuffers — just as long as you don't stuff them in a drawer and forget...
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Temasek unit raises $3.3 billion in flagship fund investing in China
Singapore state investment firm Temasek's wholly owned unit True Light Capital said on Thursday it raised $3.3 billion in its...
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Saudi Aramco profit slides to $30 billion on lower oil prices
Saudi Aramco, the world's largest oil-producing company, said second-quarter net profit softened due to voluntary production cuts and lower crude...
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South Korea e-commerce market to surpass $160 billion mark in 2027
South Korea’s e-commerce market is predicted to achieve a 7.7 per cent compound annual growth rate (CAGR) from 2023 to...
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Siemens to invest $2.2 billion to ramp up global production
Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the German engineering and technology group...
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Shipping industry sails into the unknown with new pollution rules
Faced with imminent new global marine pollution rules, shipping companies and insurers are puzzling over the risks.To reduce emissions of...
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TikTok crosses 1.5 billion download mark
Viral video app, TikTok, has crossed 1.5 billion downloads worldwide on the Apple App Store and Google Play Store, according...
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Bangladesh, Japan sign $ 2.5 billion deal for 5 projects
Bangladesh has signed an agreement with Japan on getting US$ 2.5 billion official development assistance (ODA) to implement five projects...
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Rising buyer's credit puts pressure on reserves, exchange rate
Importers' appetite for buyer's credit from overseas sources shot up last year, in an ominous development for the country's foreign...
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Exports rise but fall short of target
Export earnings increased 2.18 percent year-on-year to $3.43 billion in December thanks to higher shipment of garment items.The receipt is...
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Banking scams eat up Tk 225b in 10 years: CPD
Lamenting the 'grave danger' in the country's banking sector following a number of scams, a civic dialogue on Saturday called...