Tag : billion

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Emirates places $16 billion order for 36 new A380 superjumbos

The deal should help Airbus maintain production of the superjumbo jet, which has been stymied by slow orders.Airbusraised the stakes with Emirates Monday, by suggesting that unless it could find more buyers for its A380, the superjumbo program may have to end.

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Saudi Arabia Pledges $2 Billion to Stabilize Yemen’s War-Torn Economy

17, 2018 1:56 p.ET

Saudi Arabia on Wednesday said it would inject $2 billion into Yemen’s central bank to stabilize the nation’s currency, as international criticism grew over the kingdom’s role in a war that has killed thousands and ravaged the economy.

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Apple announces $350 billion investment [Video]

In a release on Wednesday afternoon, the world’s largest publicly-traded company said it would make a “direct contribution” of $350 billion into the U.The company said this number does not include ongoing tax payments, or tax revenue generated by wages paid to employees or sales tax on Apple products.

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Apple to Pay $38 Billion in Taxes on Cash Overseas, Build New U.S. Campus

17, 2018 7:20 p.ET

Apple Inc.

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GE reignites break-up talk after $11 billion insurance, tax hit

N> indicated it is looking closely at breaking itself up on Tuesday as the conglomerate announced more than $11 billion in charges from its long-term care insurance portfolio and new U.industrial company, but went slightly further on Tuesday, saying GE is "looking aggressively" at a spin-off or other ways to maximize the value of GE's power, aviation and healthcare units.

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BP Takes $1.7 Billion Charge on Deepwater Horizon Claims Closure

“With the claims facility’s work very nearly done, we now have better visibility into the remaining liability,” Chief Financial Officer Brian Gilvary said Tuesday in a statement.”Cash payments related to Deepwater Horizon in 2018 are now anticipated to be about $3 billion, higher than the company’s third-quarter estimate of just over $2 billion.

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GM to Take $7 Billion Write-Down as a Result of U.S. Tax Overhaul

16, 2018 1:39 p.will book a $7 billion write-down stemming from the tax-overhaul bill passed last month, though executives said broader benefits of the tax changes could help the company as it aims to maintain profitability levels amid a slowdown in the U.

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GE Expects $6.2 Billion Charge After Reviewing Insurance Reserve

Dow Jones, a News Corp companyNews Corp is a network of leading companies in the worlds of diversified media, news, education, and information services

Company also anticipates GE Capital will make required reserve contributions of around $15 billion over seven years

Jan.16, 2018 7:02 a.

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Ericsson, Humbled by Huawei, Takes Another $1.8 Billion in Charges

16, 2018 7:01 a.m.

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BP’s Deepwater Horizon Bill Grows by $1.7 Billion

16, 2018 3:29 a.ET

LONDON—BP PLC’s bill for the Deepwater Horizon disaster keeps getting bigger.

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Tourism Surge Brings in $40 Billion for Japan

Dow Jones, a News Corp companyNews Corp is a network of leading companies in the worlds of diversified media, news, education, and information services

Number of foreign visitors rose 19% last year to a record of nearly 29 million

Jan.16, 2018 4:58 a.

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Xiaomi is picking banks for an IPO worth up to $100 billion

Etienne Oliveau/GettyChinese phone maker Xiaomi has begun picking banks to underwrite its public offering, which might value the firm at up to $100 billion, according to Bloomberg.But Xiaomi didn't maintain that lead position for long against competition from Huawei.

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Bank of Japan’s $50 Billion Question: When to Stop Buying Stocks

The Nikkei is near a 26-year high, and critics say the BOJ’s buying distorts the market

Updated Jan.14, 2018 7:35 p.

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SoftBank Explores $18 Billion Listing of Telecoms Business

15, 2018 12:59 a.m.

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Jamie Dimon couldn’t be happier with JPMorgan’s $2.4 billion tax hit

4 billion tax charge that was about $400 million more than expected.These expenses stem from the US tax cuts that were signed into law late last year.

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Checking Up on Berkshire’s $38 Billion Stock Bet

For us to lose $1 billion, the index would have to go to zero.At their peak, Berkshire could have lost as much as $38 billion on these wagers, assuming that the four stock market indexes fell to zero and never recovered.

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U.S. Ran $23 Billion Budget Deficit in December, Treasury Says

11, 2018 3:19 p.ET

WASHINGTON—The federal budget deficit for December narrowed from a year ago, amid flat government spending and higher tax receipts, the Treasury Department said Thursday.

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Qualcomm Set to Win European Backing for $39 Billion NXP Buy

11, 2018 5:30 p.m.

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Dropbox Files for IPO Three Years After $10 Billion Private Valuation

Web-storage company stands to be one of the largest tech IPOs in 2018

Jan.11, 2018 5:00 p.

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Don't Buy Apple Stock Just for $122 Billion of Buybacks

In fact, Steven Milunovich of UBS expects Apple to buy back $122 billion of stock over the next two years.This level of buybacks wouldn't be that unusualThis $122 billion might seem like a huge number.