The new plan, which has been dubbed a “strategic productivity initiative,” will slash $2 billion in costs by the end of 2027. It comes on top of a $1.5 billion initiative that the company ...

His net worth dropped precipitously, moving from $2 billion to $400 million. Recently, however, West claimed his net worth is back up into the billions. Here’s what he posted, and what Forbes ...

The Southeast Asian nation, which has investment-grade credit ratings, raised $2.25 billion (2.4 billion euros) in dollar-denominated bonds due in 10 and 25 years, along with a €1 billion ($1.04 ...

The Sackler family and Purdue Pharma, the maker of the addictive painkiller oxycontin, have reached a $7.4 billion settlement with a bipartisan coalition of 15 states for fueling the opioid crisis ...

SoftBank is negotiating a $500 million investment in Skild AI, a software company building a foundational model for robotics at a $4 billion valuation, Bloomberg and Financial Times reported.

The Southeast Asian nation, which has investment-grade credit ratings, raised $2.25 billion (2.4 billion euros) in dollar-denominated bonds due in 10 and 25 years, along with a €1 billion ($1.04 ...

The Sacklers and Purdue Pharma boosted their settlement contribution to $7.4 billion after the U.S. Supreme Court overturned a prior settlement in June 2024. If approved, the new plan would end ...

(Bloomberg) -- Egypt issued $2 billion with its first dollar-bond deal in almost two years on Tuesday, as the North African nation emerges from its worst economic crisis in decades. The bonds were ...

Coterra completed the purchase of additional stakes in the U.S. Permian Basin from Avant Natural Resources and Franklin Mountain Energy for a combined price of about $3.9 billion. Image by ...

It will need to borrow the rest, adding a bit to its $138 million debt load. For a company with $1.5 billion in market capitalization, that seems reasonable, resulting in a net debt of $245 ...

For FY24, InMobi is expected to post flat revenue growth while maintaining profit levels similar to the previous fiscal. Bengaluru-based adtech unicorn InMobi is in advanced discussions to raise $ ...

The sale, which is valued at approximately $2.4 billion, includes $1.6 billion in cash and $800 million in net debt to be extinguished at closing. The total value represents 1.7 times the rate ...