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1-10 results from 1000 for query «billion»

November 9, 2017 6:40 AM Exclusive: Venezuela's PDVSA misses debt payments, used Russian bank to pay ONGC

NEW DELHI - Venezuelan state oil-firm PDVSA has not made debt payments to India's top oil producer ONGC for six months, and has previously used a Russian state-owned bank and another Indian energy company as intermediaries to make payments, two sources familiar with the transactions said on Wednesday. ONGC Videsh, the overseas investment arm of ONGC, confirmed 443

November 9, 2017 6:40 AM Bomb kills three, including senior police official, in restive southwestern Pakistan

QUETTA, Pakistan - A bomb killed a senior Pakistani police official on his way to work and two others on Thursday in the restive southwestern province of Baluchistan, an official said. Baluchistan was rocked by a series of attacks late last year that claimed over 180 lives and raised concerns about a growing militant presence, including fighters affiliated 354

November 9, 2017 5:10 AM General Electric signs $3.5 billion deals in China

BEIJING - General Electric Co signed three aviation and engine deals with Chinese partners worth a total of $3.5 billion on the sidelines of a state visit to Beijing by U.S. President Donald Trump, who has been looking to stir up U.S.-China trade. The partnerships were signed in the presence of Trump and Chinese President Xi Jinping, as well as U.S. Commerce 441

November 8, 2017 8:55 AM U.S. Commerce Secretary says Trump-Xi talks will address trade imbalances

BEIJING - Meetings between U.S. President Donald Trump and Chinese President Xi Jinping in Beijing this week will focus on addressing trade imbalances between the two countries, U.S. Commerce Secretary Wilbur Ross said in Beijing on Wednesday. Ross was speaking at a signing ceremony for commercial deals between the two countries worth about $9 billion 307

November 8, 2017 3:55 AM Exclusive: Japan's MUFG gets nod to bring U.S. state branches under federal regulation

NEW YORK - Japan's Mitsubishi UFJ Financial Group Inc (MUFG) has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to convert state-supervised branches into federally regulated ones, a U.S. spokesman for the bank confirmed late on Tuesday. As a result, MUFG's Bank of Tokyo-Mitsubishi UFJ Ltd branches in New York, Illinois 320

November 2, 2017 8:50 PM Apple's holiday-quarter sales forecast largely above estimates

Apple Inc's revenue forecast for the holiday shopping-quarter was largely above market expectations, helping allay investor concerns about production delays and supply constraints for the iPhone X, which it will start shipping from Nov. 3. The forecast comes after Apple gauged demand for iPhone X with a pre-order process that kicked off online on Oct. 27. Many analysts 155

November 2, 2017 11:02 AM Singapore Air splurges S$1.15 billion to redefine luxury with revamped A380 cabins

SINGAPORE — Singapore Airlines Ltd, the first carrier to put a double bed in its cabins, is spending US$850 million (S$1.15 billion) to refit all its Airbus SE A380 jets to take airborne luxury up another notch. The airline on Thursday unveiled its first major overhaul across cabin classes of its Airbus SE A380s since 2007, when it became the first carrier 163

November 2, 2017 2:30 AM SIA's new A-380s to offer better seats and carry more economy, premium economy passengers

SINGAPORE - Singapore Airlines (SIA) has revealed - as it unveiled new seats and other in-flight products as part of a US$850 million (S$1.16 billion) investment - that its Airbus 380s will carry more economy and premium economy passengers than they do now. This, though, will not be at the expense of customer comfort and convenience, the airline said. The first 135

November 1, 2017 10:44 PM Facebook crushes Q3 earnings but warns that future profit will slow

Facebook blew past Wall Street's third-quarter financial targets on Wednesday but cautioned that future profitability will be impacted by increased investments around its efforts to fight fake news and abuse. The increasing spending, which Facebook executives elaborated on during the conference call with analysts on Wednesday, drove Facebook's shares 139

November 1, 2017 8:29 PM Amid soaring profits, Facebook vows to curb abuse

SAN FRANCISCO: Facebook on Wednesday (Nov 1) reported profits leapt on booming revenue from online ads in the third quarter, topping investor forecasts and buoying shares already at record highs. The leading social network said it made a profit of US$4.7 billion in the quarter that ended on Sep 30, a jump of 79 per cent from the same period a year earlier 130