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Tag Archives: billion

How can a company with $ 1.8 billion in revenue lose $ 1.9 billion? WeWork shows how

The financial world has gone crazy. WeWork is not yet a listed company and does not need to disclose financial information to the public. However, bonds were issued in April 2018, showing some signs of financial performance to the hapless bondholders. WeWork made this presentation available to financial media including Wall Street Journal and Bloomberg. The Four Outstanding Numbers Reported: …

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Pentagon authorizes up to $ 1 billion to build a 57-mile boundary wall

The Pentagon told Congress late Monday that it approved the transfer of up to $ 1 billion to set up 57 miles of "pedestrian fences" on the US-Mexico border, the national emergency declaration directly supported by President Trump from last month. The 18 meter high fencing is to be built in the sectors Yuma and El Paso, it says in …

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Airbus receives contract worth several billion dollars in China

Image copyright Airbus Airbus has received an order from China for 300 jets worth tens of billions of dollars. The agreement to purchase A320 and A350 XWB aircraft was signed during a visit by Chinese President Xi Jinping to Paris. The order is part of a package signed during Mr. Xi's visit to Europe. It is a rival of Boeing …

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GM brings $ 1.4 billion into announcing US investment to reassure Trump

General Motors announced a major new investment in Michigan on Friday, underscoring its commitment to vehicle construction and job creation in the United States, according to the automaker. President Trump accused GM of closing a major plant in Lordstown all week. Ohio, with the loss of about 5,400 jobs. GM's announcement on Friday was aimed at placating Trump, but the …

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Levi Strauss worth $ 6.5 billion on the stock exchange

Image copyright Reuters Levi Strauss will spend approximately 6.5 billion Worth USD 5 billion if the denim manufacturer is back on the stock market after 34 years. The price of the Blue Jean Port is $ 17 each, just above the $ 14-16 target range. Levi & # 39; s sold $ 623 million worth of stock to institutional investors …

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Indian billionaire arrested in London for alleged fraud of $ 2 billion

Modi was arrested Tuesday on behalf of the Indian authorities, according to a statement issued by the London Metropolitan Police and due to appear on Wednesday before Westminster Magistrates & # 39; Court. Punjab National Bank, one of India's largest banks, reports fraudulent activity in one of its branches more than a year ago. India issued a red interpol notice …

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The EU condemns Google to $ 1.69 billion for bundling search and advertising efforts

Google and the EU Commission of the European Union are making all sorts of announcements lately. After realizing that Google would implement a browser and a search engine picker on Android devices in the EU, Google's advertising business will be fined € 1.5 billion (€ 1.69 billion). The recent European Commission's cartel verdict states that Google's bundling of its advertising …

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Indian diamond Tycoon arrested in London over alleged role in $ 2 billion banking scandal

Nirav Modi at his office in Mumbai, India, in 2016.            (Getty Images) Bollywood stars has been arrested in London over his alleged involvement in a $ 2 billion banking fraud scandal. Nirav Modi was detained Tuesday in central London at the request Modi is set to appear at London's Westminster Magistrates' Court for a bail hearing later Wednesday. Modi …

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