Business
Uber targets US$1 billion boost with 2026 European expansion
The company expects the move to generate an additional US$1 billion in gross bookings over the next three years Uber plans to expand its…
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Business
Global bond sales reach US$1 trillion at their fastest pace ever
More than 40% of this year’s volume consists of bonds sold by governments, the data show Global publicly syndicated bond issuance has…
Business
Bitcoin slide below US$85,000 leads to US$1 billion in liquidations
The digital currency is down more than 30 per cent from an all-time high on Oct 6 OIN can’t catch a break these days. First, traders were…
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Oil prices rise by more than US$1 a barrel on potential Iran supply disruption
Oil prices surged by more than 2 per cent on Tuesday as the prospect of disruptions to Iranian crude exports overshadowed possible…
Business
OpenAI, SoftBank invest US$1 billion in SB Energy as Stargate buildout expands
The data centre construction boom has also prompted major players, including Meta Platforms OpenAI and SoftBank Group will invest US$500…
Business
Temasek-backed Clifford Capital prices US$1 billion government-guaranteed bond offering
Issue draws robust subscription; the three-year and five-year tranches carry coupons of 3.852% and 4.037%, respectively…
Business
Elliott takes over US$1 billion stake in Lululemon: source
Activist investor Elliott Management has amassed a stake of more than US$1 billion in Lululemon Athletica and is lining up a potential CEO…
Business
Warburg Pincus invests in corporate services firm Acclime, valuing it at US$1 billion
The private equity firm beat rival firms Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg…
Business
Disney invests US$1 billion in OpenAI, strikes licensing deal
The company to tap OpenAI tools for new products and experiences, and to roll out ChatGPT to staff Walt Disney agreed to invest US$1…
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China’s ZTE may pay more than US$1 billion to the US over foreign bribery allegations: sources
ZTE said it is engaged in “ongoing communication” with the US Justice Department CHINESE telecom equipment maker ZTE Corp may pay more…
Business
Saudi National Bank’s US$1 billion loan adds to Middle East spree
Saudi National Bank is seeking a US$1 billion syndicated loan, continuing a borrowing rush by the kingdom’s lenders that are helping…
Business
Indonesia assigns US$1 billion to Brics-led New Development Bank
Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations. The…
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Oil climbs over US$1 a barrel on Opec action, Ukraine attack
Brent and WTI crude futures settled lower on Friday for the fourth straight month, their longest losing streak since 2023, as expectations…
Business
Citigroup India nears US$1 billion book of asset backed securities
While securitisation deals are common in developed economies, the country’s market is still nascent Citigroup’s India unit has more than…
Business
Sea announces share buyback of up to US$1 billion
The timing and amount of the buybacks will be determined on market conditions and other factors, says company Consumer Internet company…
Business
Sea announces first-ever share buyback of up to US$1 billion
The timing and amount of the buybacks will be determined on market conditions and other factors, says company Consumer Internet company…
Business
Sea announces first share buyback of up to US$1 billion
The timing and amount of the buybacks will be determined based on market conditions and other factors, it says Consumer Internet company…
Business
Apple nears deal to pay Google roughly US$1 billion a year for Siri AI model
Apple is planning to use a 1.2 trillion parameter artificial intelligence (AI) model developed by Alphabet Inc.’s Google to help power its…
Business
Norway wealth fund to vote against Musk US$1 trillion Tesla pay package
Investors in the electric-vehicle maker will decide on Nov 6 whether to approve the package Norway’s sovereign wealth fund, the world’s…
Business
Nvidia to invest US$1 billion in Nokia in AI networking push
Nvidia Corp. plans to make a US$1 billion equity investment in Nokia Oyj, an apparent vindication of the Finnish company’s pivot from…
Business
Indonesia’s Chandra Asri in talks with lenders to fund US$1 billion deal to buy Singapore’s Esso stations
Chandra Asri Pacific, an Indonesian energy and chemicals firm, is in talks with competing consortiums of lenders for loans to back its…
Business
Hong Kong Jockey Club sells US$1 billion portfolio to Canada firm
The entity has multiple exclusive legal betting licenses granted by the government on activities including horse racing and football…
Business
Musk hijacks Tesla earnings call to pitch US$1 trillion pay plan
[AUSTIN, Texas] Elon Musk, the world’s richest person, spent the end of Tesla’s earnings call pleading with investors to ratify his…
Business
Sea CEO Forrest Li sees path to US$1 trillion market cap with help of AI
But the company is battling deep-pocketed global challengers, including TikTok Shop and Lazada SEA founder Forrest Li told employees that…