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Uk government quashes guarantees on almost £1bn loans

British Business Bank (BBB), which administered the government pandemic loan schemes, removed guarantees with a total value of £979m. The bank quoted...

November 2, 2023, 11:06 am

Australia’s nab sets a new 1bn aud lending target

The NAB announced this move after regulators emphasised the need for better banking facilities for indigenous customers. Australia’s corporate regul...

November 1, 2023, 10:16 am

Gaming machine revenue hits $1bn again this year, community groups set to benefit

Total “gaming machine profits” (GMP) for the past 12 months crossed the NZD$1 billion mark in September 2023. Gaming machine profits also reached ...

October 25, 2023, 10:44 pm

Meta q3 2023 eps usd 4.39 (beats estimate of 3.65)

Meta earnings:Revenue $34.15b, est. $33.51bnEPS $4.39, est. $3.60 Ad revenue $33.64b, est. $32.94bnFace...

October 25, 2023, 8:19 pm

Reckitt starts £1bn buyback as new boss sees room to 'sharpen and improve'

Reckitt Benckiser Group PLC (LSE:RKT, ETR:3RB) launched a £1 billion buy-back as new chief executive Kris Licht unveiled his hopes for the business, ...

October 25, 2023, 2:54 am

Pboc sets usd/ cny central rate at 7.1786 (vs. estimate at 7.2992)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade...

October 24, 2023, 1:15 am

Uk research and development works amidst government borrowing

Despite this, HM Revenue and Customs data from September of this year presents a promising increase in UK R&D expenditure (Research & Development). Af...

October 23, 2023, 10:56 am

Shell, total: european oil buybacks have hit $31bn this year; this is why there'll be more

In the world of Big Oil, a significant transformation is unfolding. As major oil companies prepare to release their quarterly reports, a trend is beco...

October 20, 2023, 7:58 am

Bellway orders slide as higher mortgage costs take toll

Bellway said demand for its houses has slumped by almost a third in recent months with its order book down more than 40% from the level of a year ago....

October 17, 2023, 3:26 am

Pboc sets usd/ cny central rate at 7.1796 (vs. estimate at 7.3038)

The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade...

October 17, 2023, 1:15 am

Polestar rocked as ev maker files for $1bn equity raise

Polestar Automotive (NASDAQ:PSNY) saw its stock down more than 9% in premarket, as investors reacted to a new $1 billion fundraise. The Sweden-based E...

October 11, 2023, 8:07 am

Exxon eyeing pioneer in possible $60bn acquisition

Experts estimate that such an acquisition could be worth as much as $60bn. They would be Exxon’s most significant endeavour since the $8...

October 6, 2023, 9:53 am

Civitas resources buys $2.1bn package of texas oil wells

Civitas Resources (NYSE:CIVI) has agreed to buy a $2.1 billion package of oil assets in Texas in a deal with Vencer Energy, a vehicle backed by top-ti...

October 4, 2023, 9:31 am

Equities investors lose n91bn in september

Investors in Nigeria’s equities market saw the value of their investments decline by N91 billion in September as the market dropped by 0.25 per cent...

September 30, 2023, 6:14 am

Chico's fas inc stock rockets on $1bn cash takeover deal

Chico's FAS Inc. (NYSE:CHS) stock rocketed more than 60% after the clothes retailer announced it was being acquired in a premium priced cash takeover ...

September 28, 2023, 9:25 am

Astrazeneca rises on completion of pfizer gene therapy deal

AstraZeneca PLC (LSE:AZN) shares rose 2.4% to 10,868p after its Alexion rare disease unit sealed a deal to buy a portfolio of Pfizer's early-stage...

September 20, 2023, 4:31 am

Nio inc drops as chinese ev maker seeks $1bn bond financing

Chinese EV firm NIO Inc (NYSE:NIO) saw its stock drop over 4% in Tuesday's early premarket dealing, after it launched a $1 billion convertible bond fi...

September 19, 2023, 4:46 am

People's bank of china set mlf rate at 2.5% (expected 2.5%, prior 2.5%)

more to comePBOC inject 591bn yuan via a one-year MLF at 2.5%400bn yuan of MLF are maturing todaythus n...

September 15, 2023, 1:20 am

Government-funded loan scheme hits £1bn lending as 40% goes to female founders

A Government-backed loans scheme has hit £1 billion worth of lending, with more than half the funding going to small businesses run by women and ethn...

September 12, 2023, 11:14 pm

Australian data, q2 current account +7.7bn aud (vs. expected +8.1bn aud)

Q2 Current Account +7.7bn AUD expected +8.1bn AUD, prior +12.3bn AUDAustralia's net exports will add 0....

September 5, 2023, 1:30 am


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