News - page 113

Apollo to Buy Argo Infrastructure
Finance & Economics

Apollo to Buy Argo Infrastructure

Apollo Global Management Inc. has agreed to buy Argo Infrastructure Partners in a cash and stock deal that will add about $6 billion to the company’s assets.

China’s Central Bank Makes It Easier for Companies to Borrow More Foreign Debt
Finance & Economics

China’s Central Bank Makes It Easier for Companies to Borrow More Foreign Debt

The People’s Bank of China has strengthened the defense of the yuan and the domestic foreign exchange market.

China’s Central Bank Chief Says About Confidence in 2025 Economic Rebound
Finance & Economics

China’s Central Bank Chief Says About Confidence in 2025 Economic Rebound

The Chinese authorities are convinced that the Asian country has the capacity and tools sufficient to ensure the recovery and growth of its economy this year.

China’s Trade Surplus Reaches Record
Finance & Economics

China’s Trade Surplus Reaches Record

China, on Monday, January 13, announced that its trade surplus in 2024 reached almost $1 trillion.

Trading Platform Groww Considers 2025 IPO
Fintech & Ecommerce

Trading Platform Groww Considers 2025 IPO

India’s largest retail stock trading platform Groww is eyeing an initial public offering (IPO) this year.

HPE Reportedly Wins $1 Billion AI Server Deal
Science & Technology

HPE Reportedly Wins $1 Billion AI Server Deal

Hewlett Packard Enterprise Co. won a deal worth more than $1 billion to provide servers optimized for artificial intelligence, to social media platform X, owned by Elon Musk.

TSMC Posts Revenue
Science & Technology

TSMC Posts Revenue

Taiwan Semiconductor Manufacturing Co. (TSMC) has released information on its revenue for the quarter ended in December.

US Plans to Ban on Chinese Connected Vehicles
Finance & Economics

US Plans to Ban on Chinese Connected Vehicles

The administration of the President of the United States Joe Biden plans to finalize rules next week aimed at cracking down on Chinese vehicle software and hardware.

Goldman Sachs Estimates Likely Impact of Donald Trump’s Tariffs on China
Finance & Economics

Goldman Sachs Estimates Likely Impact of Donald Trump’s Tariffs on China

Goldman Sachs chief economist Jan Hatzius said last Thursday, January 9, during a speech at the Atlantic Council in Washington, that despite the election promise of Donald Trump, who will return to the White House this month, to impose 60% tariffs on absolutely all goods imported from China, in reality, the US president-elect is likely […]

China’s Aviation Sector Reports Profit
Finance & Economics

China’s Aviation Sector Reports Profit

In China, the local civil aviation sector has reported making a profit.

China’s Central Bank Halts Bond Buying
Finance & Economics

China’s Central Bank Halts Bond Buying

The People’s Bank of China on Friday, January 10, announced that it had suspended the purchase of treasury bonds, against which a jump in yields was recorded and rumors began to actively circulate that this decision by the Asian country’s financial regulator was aimed at protecting the yuan, which is currently on a trajectory of […]

US Job Growth Beats Expectations
Finance & Economics

US Job Growth Beats Expectations

In the United States, an unexpected acceleration in job growth was recorded in December.

Bank of America Bonuses for Investment Bankers Reportedly to Rise About 10%
Finance & Economics

Bank of America Bonuses for Investment Bankers Reportedly to Rise About 10%

Bank of America’s bonus pool for investment bankers is likely to increase by 10% for last year.

SoftBank and Arm Reportedly Weigh Acquiring Ampere Computing
Science & Technology

SoftBank and Arm Reportedly Weigh Acquiring Ampere Computing

Japanese technology investor SoftBank Group and its majority-owned Arm Holdings are currently considering the possibility of concluding the deal with semiconductor company Ampere Computing backed by Oracle.

Country Garden Proposes Deal to Reduce Offshore Debt by $11.6 Billion
Finance & Economics

Country Garden Proposes Deal to Reduce Offshore Debt by $11.6 Billion

The Chinese property development company Country Garden has proposed to its offshore creditors the deal, which will reduce the debt of this firm by $11.6 billion.

China Orders Miners to Report More of Their Overseas Reserves
Finance & Economics

China Orders Miners to Report More of Their Overseas Reserves

Beijing has ordered Chinese investors in foreign mining projects to report on their proven and prospective reserves of crucial minerals.