billion

U.S. & European stock futures rise, oil bounces

U.S. and European stocks futures moved higher on Monday as Asian markets lagged, while bonds surrendered some of their recent…

4 years ago

Grab’s $40 bln Nasdaq debut to set tone for Southeast Asian tech listings

Grab, Southeast Asia's biggest ride-hailing and delivery firm, makes its market debut on Thursday after a record $40 billion merger…

4 years ago

Analysis: KKR’s Telecom Italia approach may call time on Italy discount

A $12 billion takeover proposal for Telecom Italia by private equity giant KKR has highlighted an 'Italian discount', which a…

4 years ago

EXCLUSIVE Europe’s telcos want U.S. tech giants to help fund network costs

U.S. tech giants should bear some of the costs of developing Europe's telecoms networks because they use them so heavily,…

4 years ago

Australia Q3 business investment slips, outlook surprisingly resilient

Australian business investment slipped in the third quarter as pandemic lockdowns shut many firms, though future spending plans proved surprisingly…

4 years ago

Spain’s BBVA says Garanti deal priced in further lira depreciation

Spain's BBVA (BBVA.MC) on Wednesday reiterated its long-term commitment towards Turkey and said lira depreciation had been taken into account while structuring…

4 years ago

Italy’s Enel cranks up spending to become carbon-free by 2040

Europe's biggest utility Enel (ENEI.MI) will spend 170 billion euros ($191.2 billion) to 2030 and will seek to draw in additional funds…

4 years ago

KKR makes $12 billion approach to take Telecom Italia private

Telecom Italia (TIM) (TLIT.MI) has received a 10.8 billion euro ($12 billion) approach from U.S. fund KKR (KKR.N) aimed at taking Italy's biggest phone…

4 years ago

Alibaba slashes sales outlook as competition bites, demand slows

Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK), slashed its forecast for annual revenue growth on increased competition and a regulatory…

4 years ago

Blackstone makes sweetened $6.2 bln play for Australia’s Crown

Investment giant Blackstone Group Inc (BX.N) made a $6.2 billion approach for troubled Australian casino firm Crown Resorts Ltd (CWN.AX), sweetening an earlier…

4 years ago