Italy has plans for a significant reduction in the funds allocated to support its automotive industry, with a planned cut of approximately €4.6bn ($5bn) between 2025 and 2030, reported Reuters.

The Bipartisan Infrastructure & Jobs Law, spearheaded by Schumer, includes a $5bn allocation over five years for the CRISI programme, which supports various projects across the US aimed at improving ...

The company said that the catalogue is valued at more than $5bn. What does Concord plan to do with the money? It’s partly to “retire the private 2023-1 note issuance” (a previous securitisation) but ...

MINSK, 28 October (BelTA) – Belarus has implemented 27 projects worth over $5 billion with the China's support since 2008, Belarusian First Deputy Prime Minister Nikolai Snopkov said in an ...

If reports are to be believed, Kraft Heinz could be about to make another major move in the reshaping of its business. It would be wrong to say the US giant has solely shedded assets in recent ...

Data provider Property Claims Services (PCS) has issued an initial insured loss number for Hurricane Milton of just over $5bn, sources have told this publication. The claims tally is split into ...

As EV maker Tesla (NASDAQ:TSLA) posted its second-biggest one-day rally thanks to its better-than-expected Q3 earnings, short sellers betting against the company took $3.5B in paper losses ...

VCs are spending gobs of money on AI startups — especially those run by big names in tech — so SandboxAQ is putting its hand out again, even though it raised a whopping $500 million in early ...

Semirara Mining and Power, the Philippines’ largest coal producer, said it’s looking to spend 291.4-billion pesos ($5.07-billion) to expand its mines. The company has proposed to the ...

Alphabet recently announced a US$5bn investment in Waymo. The funding will help scale operations and further develop its technology. Previously, Waymo raised over US$4.5bn across two funding rounds, ...

Between 2021 and 2023 its revenue rose from $3.2bn to $5bn. It plans to open 4,500 more shops by 2028, moving beyond cities and into smaller Polish towns, as well as abroad—in May it entered ...