Tag: Billion

ReutersOctober 24, 2020

2/2 © Reuters. Passersby wearing protective face masks are seen at an underpass, amid the coronavirus disease (COVID-19) outbreak, in Tokyo 2/2 TOKYO (Reuters) – Japan’s government is considering compiling an extra budget worth around $95.5 billion to offset the economic drag caused by the coronavirus pandemic, the Mainichi newspaper reported on Saturday. The government […]

Market CrumbsOctober 23, 2020

Goldman Sachs (NYSE:) has agreed to pay more than $2.9 billion to various regulators around the world for its role in the 1MDB scandal which has embroiled the bank over the last few years. The settlement, which follows a $3.9 billion settlement with the Malaysian government in July, will see Goldman pay about $1.3 billion […]

ReutersOctober 22, 2020

© Reuters. BEIJING (Reuters) – Beijing-based education technology startup Yuanfudao said on Thursday that it has secured $2.2 billion from major Chinese and international investors in two recent rounds of financing that it said lifts the company’s valuation to $15.5 billion. One round of financing was led by Chinese social media and gaming giant Tencent, […]

ReutersOctober 21, 2020

© Reuters. JOHANNESBURG (Reuters) – Mozambique’s Attorney General’s Office said on Wednesday it will seek the extradition of three former Credit Suisse (S:) bankers implicated in a $2 billion debt scandal that sent the country’s economy into crisis. Andrew Pearse, Detelina Subeva and Surjan Singh, who helped arrange the loans to Mozambique, all pleaded guilty […]

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