Rachel Reeves Unveils £2.2 Billion Defence Boost As She Vows To 'Secure Britain's Future'
Rachel Reeves, the new chancellor, announced a £2.2 billion boost in defence spending, partly funded by cuts to international aid, ...
Wednesday, March 26, 2025
Tag: Billion
Study Warns Trump Tariffs Could Deliver $64 Billion Hit to U.S. Tourism Businesses
International travelers' reactions to U.S. tariffs may result in up to $18 billion in lost revenue for hospitality businesses, with ...
Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, surpassing U.S. rival Tesla, with a ...
Can Trump’s $100 billion ‘Golden Dome’ shield the US from nuclear and hypersonic missile threats?
Forty years ago, President Ronald Reagan introduced the Strategic Defense Initiative, aiming to create a missile defence system known as ...
Hyundai announces new US$21 billion investment in US manufacturing
Hyundai announced a US$5.8 billion investment in a new steel plant in Louisiana, creating 1,300 American jobs and aiming to ...
South Korea's Hyundai to announce $20 billion U.S. investment
Hyundai is set to invest $20 billion in U.S. onshoring, including a $5 billion steel plant in Louisiana, with plans ...
Abu Dhabi's ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
Sovereign wealth fund ADQ and American private equity firm Energy Capital Partners have formed a $25 billion investment partnership to ...
British pharma giant AstraZeneca to invest $2.5 billion in new China hub
British pharmaceutical giant AstraZeneca announced a $2.5 billion investment in a research and development center in Beijing, boosting its workforce ...
Apple Is Losing $1 Billion a Year on Apple TV+ Streaming
Apple TV+, Apple's streaming service, has received numerous award nominations but is reportedly costing the company billions of dollars annually. ...
SoftBank to acquire chip designer Ampere in $6.5 billion deal
SoftBank Group announced the acquisition of startup Ampere Computing, known for its Arm-based server chip, for $6.5 billion, with the ...
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