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UPDATE 1-Biden to tout new $3.3 bln Microsoft data center at failed Foxconn site Trump backed
Reuters via Yahoo Finance· 1 hour agoPresident Joe Biden will visit the political battleground state of Wisconsin on Wednesday to announce plans by Microsoft Corp to build a $3.3 billion high-tech data center that will create thousands ...
UPDATE 2-India's Hindalco mulls seeking $1.2 bln in Novelis IPO, Bloomberg News reports
Reuters via Yahoo Finance· 4 hours agoHindalco Industries , owned by Indian billionare Kumar Mangalam Birla, is considering seeking about $1.2 billion in the initial public offering of its U.S.-based unit Novelis, Bloomberg News ...
Harris Announces $5.5 Bln Grant To Help 1200 Communities Build, Preserve Homes
RTT News· 2 hours agoVice President Kamala Harris has announced $5.5 billion to 1,200 communities to help them build and preserve homes through more than 2,400 grants to states, cities, DC, Puerto Rico, and local organizations across the country.
AerCap orders 150 CFM engines worth about $3 bln
Reuters via Yahoo Finance· 3 hours agoMay 8 (Reuters) - AerCap Holdings NV has placed an order for 150 new CFM LEAP engines valued at about $3 billion, the world's largest aircraft lessor said on Wednesday. The CFM engines are made ...
UPDATE 2-FTX files amended reorganization plan, expects $14.5 bln-$16.3 bln for distribution
Reuters via Yahoo Finance· 14 hours agoCrypto exchange FTX will have between $14.5 billion to $16.3 billion to pay its creditors and customers, according to an amended reorganization plan filed by the company on Tuesday in a U.S.
Alstom to ask shareholders for $1 bln in rights issue to slash debt
Reuters· 8 hours ago, opens new tab on Wednesday said it would ask shareholders for around 1 billion euros ($1 billion)...
Australia's PSC Insurance agrees $1.51 bln takeover by UK's Ardonagh
Reuters· 6 hours ago, opens new tab has agreed to be bought out by UK-based insurance distribution platform Ardonagh Group in a deal valuing its equity at A$2.26 billion ($1.51 billion), it said on Wednesday. Under ...
UPDATE 3-KKR to buy Perpetual's corporate, wealth units for $1.4 bln; CEO Adams to retire
Reuters via Yahoo Finance· 13 hours agoPerpetual said on Wednesday that buyout giant KKR & Co would acquire its wealth management and corporate trust businesses for A$2.18 billion ($1.43 billion), sending the Australian financial ...
Bankrupt Steward Health puts its hospitals up for sale, discloses $9 bln in debt
Reuters· 18 hours agoBankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize...
China banks' $900 bln buffer offers sham comfort
Reuters· 1 day agoChina's largest lenders are fortifying their balance sheets to deal with a theoretical problem. The Financial Stability Board in 2015 adopted rules that...
