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1-10 results from 1000 for query «billion»

28 July, 2017 5:41 AM Xiaomi gains new $1 billion loan to drive retail push, expansion overseas

It follows a three-year $1 billion syndicated loan in 2014. Shanghai: Chinese smartphone maker Xiaomi Inc said on Friday it had signed a deal for a new $1 billion loan to accelerate its drive into brick-and-mortar stores and help a push overseas. The three-year syndicated loan comes as China`s tech giants look to diversify their businesses as e-commerce 26

28 July, 2017 1:56 AM BRICS dreams fade as trade spats, border tensions cloud meeting

Trade ministers of the BRICS nations -- Brazil, Russia, India, China and South Africa -- will meet in Shanghai next week under the shadow of rising trade spats and border tensions between the group’s Asian members. The meeting precedes the annual leaders’ summit in September and will discuss trade liberalization, commitment to a multilateral system and other 42

28 July, 2017 1:52 AM Jeff Bezos Briefly Surpasses Bill Gates To Become Richest Person In The World

Jeff Bezos' rise to No. 1 followed a surge in Amazon.com shares Thursday ahead of the online retailer's earnings report due out later in the day. Amazon.com founder and The Washington Post owner Jeffrey P. Bezos on Thursday briefly became the richest person in the world, displacing Microsoft founder Bill Gates. Bezos' rise to No. 1 followed a surge in Amazon 19

27 July, 2017 10:30 PM Bezos world’s richest man, beats Gates

Amazon's founder CEO Jeff Bezos may have ended Microsoft badshah Bill Gates' long reign since 1995 as the world's richest individual — a position interrupted only briefly by the likes of Berkshire Hathaway's Warren Buffett and Mexican billionaire Carlos Slim. A 1% bump in the shares of Amazon on Thursday morning pushed the personal wealth of Bezos, who owns about 14

27 July, 2017 7:55 PM Amazon's Jeff Bezos becomes world's richest person briefly

NEW YORK: Amazon founder Jeff Bezos on Thursday became the world's richest person, as a jump in the share price of the US tech giant enabled him to overtake Microsoft founder Bill Gates, a new estimate showed. Forbes magazine said its real-time tracking of personal fortunes showed Bezos with a net worth of $90.5 billion, ahead of the $90 billion for Gates 23

27 July, 2017 4:56 PM Amazon's Jeff Bezos bumps Bill Gates from world's richest position

A one per cent bump in the shares of Amazon on Thursday morning pushed the personal wealth of Bezos, who owns about 17% of the company, to over $91 billion, overtaking Gates’ approximately $90 billion, give or take a few million. Amazon's founder CEO Jeff Bezos may have ended Microsoft badshah Bill Gates' long reign since 1995 as the world's richest 21

27 July, 2017 12:32 PM Idea Cellular posts third straight loss amid price war

Idea Cellular Ltd, India's No. 3 telecoms firm, reported a third straight quarterly loss on Thursday, reeling in the wake of a price war wrought by upstart entrant Reliance Jio. The company reported a net loss of 8.15 billion rupees ($127.13 million) for the three months ended June 30 after posting a profit of 2.20 billion a year earlier. (http 14

27 July, 2017 12:15 PM ICICI Bank Q1 profit falls, but beats estimates

ICICI reported an eight percent fall in its first-quarter profit but slightly ahead of estimate ICICI Bank Ltd, India's third-biggest lender by assets, reported an eight percent fall in its first-quarter profit but was slightly ahead of analysts' estimates. Net profit fell to 20.49 billion rupees ($319.6 million) in the quarter ended June 30, from 22.32 billion 17

27 July, 2017 9:37 AM India's Maruti Suzuki profit disappoints on costs, tax hit

MARUTI SUZUKI IN-RESULTS/ (UPDATE 1, PIX):UPDATE 1-India's Maruti Suzuki profit disappoints on costs, tax hit July 27 (Reuters) - Maruti Suzuki, India's top-selling car maker, posted a quarterly profit that missed estimates even though sales grew steadily, as a rise in commodity prices and the impact of a new nationwide sales tax ate into earnings 14

27 July, 2017 1:30 AM Donald Trump To Ban Transgender US Military Personnel, Reversing Obama

The United States government will not accept or allow transgender individuals to serve in any capacity in the US military, President Donald Trump tweeted Washington: President Donald Trump said on Wednesday he would ban transgender people from the US military, a move appealing to some in his conservative political base but sowing confusion about the fate of thousands 37