Shippers have already diverted about $35 billion in cargo from the Red Sea amid fears of attacks
So far, shippers have diverted about more than $30 billion worth of cargo away from the Red Sea as they ...
Tag: billion
$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes
The Pleo app pictured on a smartphone next to one of the fintech firm's corporate cards.PleoDanish fintech firm Pleo has ...
TikTok is spending $1.5 billion on a joint venture to solve the problem of Indonesia’s surprise social media shopping ban
Just two months ago, ByteDance-owned TikTok abruptly closed its shopping platform in Indonesia to comply with surprise regulations from the ...
Macy’s receives $5.8 billion buyout offer, sources say
People wait in line outside Macy's before opening on "Black Friday" in New York City on November 24, 2023. The ...
How a 75-year-old Indian-American tech entrepreneur is betting $1 billion of his own fortune on AI’s future
Billionaire Silicon Valley technology leader Romesh Wadhwani, 75, is investing $1 billion of his personal fortune in predictive and generative ...
Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom
Charlie Scharf, CEO, Wells Fargo, speaks during the Milken Institute Global Conference in Beverly Hills, California on May 2, 2023. ...
Elon Musk’s AI startup — X.AI — files to raise $1 billion in fresh capital
Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, ...
Alaska Airlines to buy Hawaiian Airlines in $1.9 billion deal
Alaska Airlines has agreed to acquire its rival Hawaiian Airlines in a deal valued at about $1.9 billion, as the companies make a ...
How $100 billion mining giant Rio Tinto is poised to benefit from the EV boom
Copper mines like Rio Tinto's Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of ...
Zepz, a $5 billion fintech unicorn, is laying off more staff
Zepz, which owns the WorldRemit and Sendwave brands, has a headcount of around 1,600.Sopa Images | Lightrocket | Getty ImagesZepz, ...
