Billion News
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IHC Lines Up $24bn Global Expansion Push Over Next Nine Months
International Holding Company (IHC), the biggest UAE company by market capitalisation, plans to invest up to $24 billion in the...
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Ukraine to get US$2.8 billion loan from UK as Zelenskyy receives warm welcome from Starmer
UK Prime Minister Keir Starmer on Saturday (Mar 1) gave Volodymyr Zelenskyy a warm welcome in London, a day after...
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How Musk's $97.4 billion bid complicates matters for OpenAI
OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer...
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Vietnam police smash US$1.2 billion money laundering ring
Vietnamese police said they had arrested five people and smashed a money-laundering ring that brought US$1.2 billion (S$1.6 billion) of...
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Thailand Approves $2.8 Billion Soft Loan Scheme for Commercial Banks
Thailand's cabinet on Tuesday approved a 100 billion-baht ($2.8 billion) soft loan scheme where funds would be lent to commercial...
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Thailand to Fund $13.8 Billion Stimulus Scheme With 2024, 2025 Budgets, Official Says
Thailand will finance a 500 billion baht ($13.8 billion) household handout scheme with the 2024 and 2025 budgets, a deputy...
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South Korea announces $19 billion support package for chip industry
South Korea announced on Thursday a 26 trillion won ($19 billion) support package for the country's vital semiconductor industry, the...
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Indonesia expects oil and gas investments to rise 29% to $17 billion in 2024
Indonesia's regulator, SKK Migas's chairman, told Reuters that Indonesia expects investments in its oil and gas sector to rise 29...
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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...
