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Tag Archives: billion

According to a new study, dinosaurs were obliterated by asteroids as powerful as 10 billion nuclear bombs from World War II

A 12-km wide asteroid targets Earth Hit 66 million years ago and extinguished 75% of life on the planet. This is evident from studies conducted by the University of Texas and published in the PNAS Journal. The event is believed to trigger forest fires over 900 miles away, triggering a devastating tsunami. Many dinosaurs would have died that day, but …

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China is investing $ 126 billion in the slowing economy

BEIJING – Beijing has called on the banks to open the credits as China's trade war with the United States rages and the economic slowdown shows little signs of easing. The People's Bank of China cut cash on Friday Chinese banks have to keep their coffers and release $ 126 billion to flow politically and economically into the financial system …

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Alibaba (BABA) buys Kaola e-commerce unit for 2 billion euros from NetEase

Attendees pass an Alibaba.com display at CES 2019 in Las Vegas. David Becker | Getty Images Alibaba announced Friday that it will acquire a cross-border e-commerce business, Kaola, from Nasdaq-listed Chinese Internet company NetEase for approximately $ 2 billion. Kaola sells products imported into China, including clothing, consumer electronics and sports accessories. In addition to Alibaba's Tmall Global and JD.com's …

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Alibaba Acquires $ 2 Billion NetEase Kaola – TechCrunch

Alibaba Group has acquired NetEase Kaola for $ 2 billion, the company said today. It will integrate the company into Tmall, creating the largest cross-border e-commerce platform in China. The announcement follows weeks of media coverage of a potential deal that is said to have stalled in mid-August after companies reportedly failed to agree on details of the transaction. Alvin …

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Why Apple sold $ 7 billion in debt despite $ 200 billion in cash

Apple issued $ 7 billion worth of corporate bonds Wednesday – its first corporate bond sale since 2017 – despite having more than $ 200 billion in cash. The cost of borrowing is currently low Companies are taking advantage of the cheap money. Apple was just the latest big company to open debt markets this week, following in the footsteps …

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WeWork lowers its IPO valuation to less than $ 25 billion

Signage can be seen at the entrance to the WeWork office on Broad Street in New York. David & # 39; Dee & # 39; Delgado | Bloomberg | Getty Images The valuation targets for controversial real estate company WeWork are being dramatically reduced, and the real estate company will not go public next week, CNBC's David Faber said there, …

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Almost all life on Earth was extinguished 2 billion years ago

A new study found that extreme changes in the atmosphere about 2 billion years ago killed nearly 100% of Earth's life. Researchers studied barite, a mineral that is more than 2 billion years old, on the Belcher Islands in sub-Arctic Canada. Rocks, the old "Lock in Chemical Signatures", helpful hints for researchers to find out what the atmosphere was like …

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Pentagon is providing $ 3.6 billion to build the Trump Border Wall

In his letter, Esper told Congress that he had "found that 11 military construction projects along the international border with Mexico, with an estimated total cost of US $ 3.6 billion, are necessary to limit the deployment of the armed forces support national emergency forces. " The letter does not contain the word "wall" typical of such Ministry of Defense …

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With a $ 2 billion factory in China, one German city makes others worry

ARNSTADT, Germany – Officials in Brussels or Berlin may resent China's growing dominance over the European economy, its controlled ports, and the high-tech companies acquired by Chinese companies. But this is not a problem that can be heard in Arnstadt, a German hamlet from the Baroque period, in which Johann Sebastian Bach was the church organist long ago. It is …

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