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California Puts $5 Billion at Risk over Gender Scheme in Schools | National Review
A federal investigation finds that the state government elbowed parents aside in order to keep students’ gender-transition plans secret.…
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Billion
Culture
CVC to sell personal care business FineToday to Bain Capital in 200 billion yen deal: source
The sale comes a few months after FineToday’s second attempt to list on the Tokyo Stock Exchange failed in October Private equity firm CVC…
Culture
Waymo seeking about US$16 billion near US$110 billion valuation
The startup plans to aggressively expand the commercial service this year to many more American cities, as well as to the UK Waymo,…
Culture
AstraZeneca strikes deal for up to US$18.5 billion to license weight-loss drugs from China's CSPC
The deal builds on existing collaboration between the companies in areas such as artificial intelligence AstraZeneca will license…
Culture
Aramco raises US$4 billion in first bond sale of year
Saudi Arabia’s budget remains heavily dependent on oil revenue as the kingdom pursues an ambitious modernisation drive Saudi Aramco priced…
Culture
Singapore doubles down on AI with S$1 billion R&D push amid US, China dominance
Authorities will partner industry players such as Changi Airport Group and Sembcorp to build core AI engineering capabilities The…
Culture
China deepens probe into Meta’s landmark US$2 billion buyout of Singapore-based Manus
ING is deepening an investigation into Meta Platforms’ US$2 billion acquisition of Chinese-founded artificial intelligence (AI) startup…
News
Watch Trump Try to Defend $1 Billion Price Tag on His “Board of Peace”
Earlier this month, the Department of Health and Human Services cut off $10 billion in funding for social services such as childcare and…
Culture
Straits Trading unit to divest South Korea logistics property for 432 billion won
The Straits Trading Company is divesting a freehold logistics facility in Incheon, South Korea, for 432 billion won (S$377.6 million) as…
Culture
Hong Kong-listed J&T Global Express aims to raise HK$4.7 billion for tech, overseas expansion
The company says that the bonds will have an initial conversion price of HK$14.55 per class B share Indonesian courier services firm J&T…
Culture
Danantara shifts into deployment era with US$12 billion war chest
A global bond sale is also being targeted as Indonesian sovereign wealth fund scales up deployment Indonesian sovereign wealth fund…
Culture
Trump sues JPMorgan, CEO Jamie Dimon for US$5 billion over alleged debanking
JPMorgan said it closes accounts that create legal or regulatory risk for the bank PRESIDENT Donald Trump filed a US$5 billion lawsuit…
Culture
Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
The insurer currently holds a 51% interest while local partner Detik Ria owns the rest Prudential will pay RM1.5 billion (S$483 million)…
Culture
Hong Kong’s Sogo Mall operator seeks HK$8 billion loan refinancing
Lenders have paused earnings checks for Lifestyle International as it seeks to refinance Hong Kong mall operator Lifestyle International…
Culture
UOB’s Sydney branch prices A$2 billion in five-year notes
They comprise A$750 million in floating-rate notes and A$1.25 billion in fixed-rate notes UOB’s Sydney branch has priced a combined A$2…
Culture
Zurich Insurance offers US$10 billion to buy UK insurer Beazley
Swiss insurance company Zurich Insurance Group has raised its offer to buy rival speciality insurer Beazley to 1,280 pence (S$22.016) per…
Culture
HSBC on course for £300 billion valuation, top executive says
Weeks after its market value rose above £200 billion (S$344.6 billion) for the first time in its history, HSBC Holdings is now on course…
Culture
Thailand approves US$2 billion PCB manufacturing investment by joint venture
Thailand’s investment board said on Monday (Jan 19) it had approved an investment worth US$2.08 billion by a joint venture led by Taiwan’s…
Culture
Micron to buy Taiwan chip fabrication site for US$1.8 billion
The investment is part of Micron’s global expansion as it seeks to meet continued demand for memory chips Micron Technology has signed a…
Culture
Musk seeks up to US$134 billion damages from OpenAI, Microsoft
ELON Musk wants OpenAI and Microsoft to pay him damages in the range of US$79 billion to US$134 billion over his claims that the…
Culture
Mitsubishi to buy Texas, Louisiana shale gas assets for US$7.5 billion
This will give it a substantial natural gas operation near the US Gulf Coast and the energy export facilities developed there Japanese…
Business
Egypt receives €1 billion in financial support from EU
EU Commission President Ursula von der Leyen speaks during the press conference following the EU summit in Brussels. Michael Kappeler/dpa…
Culture
ASML tops US$500 billion market cap as TSMC plans to spend more
ASML, the world’s biggest maker of equipment used to manufacture computer chips, crossed US$500 billion in market value for the first time…
Business
EU Commission unveils plans to support Ukraine with €90 billion
European Commission President Ursula von der Leyen unveiled on Wednesday details on how the European Union is to support Ukraine with €90…