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Tag: billion

Vistra Corp. (VST) Bets on AI Power Demand With $1.9 Billion Natural Gas Deal
Posted in Business

Vistra Corp. (VST) Bets on AI Power Demand With $1.9 Billion Natural Gas Deal

Estimated read time 2 min read
Posted on May 18, 2025
by Joelgalvan

Vistra Corp. (NYSE:VST) has recently agreed to acquire seven natural gas power plants for $1.9 billion from Lotus Infrastructure Partners,…

Learn More Leave a Comment on Vistra Corp. (VST) Bets on AI Power Demand With $1.9 Billion Natural Gas Deal
Spectrum owner Charter to buy Cox for $21.9 billion in mega cable deal
Posted in Business

Spectrum owner Charter to buy Cox for $21.9 billion in mega cable deal

Estimated read time 5 min read
Posted on May 17, 2025
by Joelgalvan

By Aditya Soni, Jaspreet Singh and Milana Vinn (Reuters) -Charter Communications on Friday agreed to buy privately held rival Cox…

Learn More Leave a Comment on Spectrum owner Charter to buy Cox for $21.9 billion in mega cable deal
Trump says Qatar will invest $10 billion in US airbase
Posted in Business

Trump says Qatar will invest $10 billion in US airbase

Estimated read time 3 min read
Posted on May 15, 2025
by Joelgalvan

U.S. President Donald Trump said on Thursday that Qatar will invest $10 billion in coming years in the Al Udeid…

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GSK to buy liver disease drug from Boston Pharmaceuticals for up to $2 billion
Posted in Business

GSK to buy liver disease drug from Boston Pharmaceuticals for up to $2 billion

Estimated read time 2 min read
Posted on May 14, 2025
by Joelgalvan

GSK will buy efimosfermin, a liver disease drug in late-stage trials, for up to $2 billion from U.S. biotechnology firm…

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Poonawalla Fincorp plans $1 billion capital raise to expand NBFC operations
Posted in Business

Poonawalla Fincorp plans $1 billion capital raise to expand NBFC operations

Estimated read time 3 min read
Posted on May 14, 2025
by Joelgalvan

The Poonawalla Group is planning to raise $1 billion by the end of 2025 to expand its non-banking financial company…

Learn More Leave a Comment on Poonawalla Fincorp plans $1 billion capital raise to expand NBFC operations
10-year G-sec yields: Foreign banks dump $3 billion worth g-secs amid India-Pak tensions
Posted in Business

10-year G-sec yields: Foreign banks dump $3 billion worth g-secs amid India-Pak tensions

Estimated read time 3 min read
Posted on May 13, 2025
by Joelgalvan

Mumbai: Foreign banks and primary dealers dumped nearly $3 billion worth of Indian government securities over Thursday and Friday amid…

Learn More Leave a Comment on 10-year G-sec yields: Foreign banks dump $3 billion worth g-secs amid India-Pak tensions
Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier
Posted in Business

Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier

Estimated read time 3 min read
Posted on May 12, 2025
by Joelgalvan

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco posted first-quarter profits of $26 billion on Sunday,…

Learn More Leave a Comment on Saudi oil giant Aramco announces first-quarter profits of $26 billion, down 4.6% from a year earlier
Warren Buffett’s $11 billion oil bet is down 21% from 2025 peak. Will this be his oil regret 2.0?
Posted in Business

Warren Buffett’s $11 billion oil bet is down 21% from 2025 peak. Will this be his oil regret 2.0?

Estimated read time 5 min read
Posted on May 11, 2025
by Joelgalvan

One of Warren Buffett’s largest public equity investments is now deep in the red. Occidental Petroleum, in which Berkshire Hathaway…

Learn More Leave a Comment on Warren Buffett’s $11 billion oil bet is down 21% from 2025 peak. Will this be his oil regret 2.0?
Revelator hits 15 billion stream landmark, looks to double revenues in 2025
Posted in Business

Revelator hits 15 billion stream landmark, looks to double revenues in 2025

Estimated read time 3 min read
Posted on May 11, 2025
by Joelgalvan

Independent label and distributor platform Revelator has just celebrated a new milestone, revealing that its represented music catalog delivered 15…

Learn More Leave a Comment on Revelator hits 15 billion stream landmark, looks to double revenues in 2025
Bain Capital to sell China data centre business likely valued at over $4 billion, sources say
Posted in Business

Bain Capital to sell China data centre business likely valued at over $4 billion, sources say

Estimated read time 3 min read
Posted on May 10, 2025
by Joelgalvan

By Kane Wu HONG KONG (Reuters) -U.S. investment firm Bain Capital is seeking to sell the China business of data…

Learn More Leave a Comment on Bain Capital to sell China data centre business likely valued at over $4 billion, sources say

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