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1-10 results from 1000 for query «billion»

19 July, 2018 2:35 PM AirAsia announces $30billion deal for 100 Airbus planes

Malaysian budget airline AirAsia today announced an additional order of 34 Airbus A330neo planes, bringing the total value of its expanded 100-plane order to $30 billion as it sets its sights on European routes. The first delivery of the fuel-efficient widebody jets will arrive towards the end of 2019 and will allow the airline to take on longer non-stop 34

19 July, 2018 8:45 AM Hindalco tanks 8% on buzz of Aleris acquisition worth $2.5 billion

Shares of Hindalco lost around 8 percent on Thursday afternoon after reports emerged that it is likely to acquire Aleris for USD 2.5 billion. According to sources to CNBC-TV18, the company and its Canadian arm, Novelis, is in process of raising debt for the said deal. Investors may have taken note of this point as the firm already has a consolidated 66

18 July, 2018 11:08 PM Russia Exits List Of Biggest US Government Debt Holders

Russia has exited the list of the biggest foreign holders of US government debt, according to Treasury Department data released this week. In May, Russia held $14.9 billion worth of Treasury notes and was no longer among the top 33 countries, according the data. That's well below the $48.7 billion held by Russia in April, which made the country the 22nd biggest 37

18 July, 2018 2:31 PM RCom reports smaller loss in first quarter

Debt-laden Indian telecoms company Reliance Communications Ltd (RCom) reported a narrower first-quarter loss of Rs 3.42 billion (USD 34 million) on Wednesday, citing lower expenses in terms of access charges and licensing fees. It was the company's seventh straight quarterly loss and compared with a loss of Rs 12.21 billion a year ago. RCom is yet to complete 33

18 July, 2018 2:00 PM JSW Steel to double Dolvi capacity to 10 mtpa by 2019

JSW Steel Ltd today said its domestic expansion was well on track at its Dolvi unit in Maharashtra, which would double capacity to 10 million tonnes per annum at an estimated cost of Rs 15,000 crore by the end of 2019. "We are installing a new integrated 5-million tonne capacity flat steel plant at Dolvi. Work is going on and is likely to be completed 39

18 July, 2018 12:50 PM Foreigners sell Asian bonds for third straight month in June

Foreigners withdrew money from Asian bond markets for the third consecutive month in June amid concerns that increasing trade frictions between the United States and China will disrupt the region's economic growth. Data from central banks and bond market associations showed foreigners sold a total of $1.9 billion of bonds from India, Indonesia, Thailand 34

18 July, 2018 12:17 PM EU Antitrust Fines: Google Pips Google to Top Spot

The EU hit Google on Wednesday with the biggest fine ever against a company for abuse of a dominant market position - surpassing a previous record also held by Google. Google offered solutions including proposing to run the shopping service as a standalone business but the EU said it was not enough. The EU also rules it must offer a version of its flagship 36

18 July, 2018 7:35 AM How Tata Steel is reversing its sunk cost fallacy

Tata Steel is rectifying its capital allocation to tap opportunities in the domestic market and strengthen its competitive edge as competitors gain power The world’s most astute investor and businessman Warren Buffett once admitted to losing a huge sum of money letting sunk cost fallacy (infusing more and more capital to salvage an original investment) 36

18 July, 2018 7:30 AM 5 State-Run Banks To Get Rs 11,336 Crore In A Week: Report

The capital is part of a total Rs 2.11 trillion rupee package that was announced last year. New Delhi: Government will inject a total Rs 11,336 crore ($1.65 billion) in five state-run banks, including fraud-hit Punjab National Bank, in a week or so, a senior government official told Reuters on Wednesday. Punjab National Bank will get Rs 2,816 crore 37

18 July, 2018 4:00 AM Toshiba may face renewed shareholder accounting claims: US appeals court

A US appeals court gave investors in Toshiba Corp's US-listed securities another chance to show they suffered losses because the Japanese industrial conglomerate misled them about its internal controls before a 2015 accounting scandal. In a 3-0 decision, the 9th US Circuit Court of Appeals on Tuesday said a lower court judge misapplied the law in dismissing 61