The Hamburg-based company expects group Ebitda to be about $2.5bn to $4bn for the current financial year, down from $5bn in 2024. That is despite launching the Gemini Cooperation with AP Moller-Ma ...

Even as late as August, Boeing insisted it was confident the Starliner, which was developed on a reported $5bn NASA contract, could safely bring back the astronauts. But both NASA and Boeing ...

Abu Dhabi-based ADQ and US private equity firm Energy Capital Partners (ECP) have announced a 50-50 partnership to develop new power generation and energy infrastructure, aiming to address the ...

Furthermore, the Fed decided to slow quantitative tightening, reducing the pace of balance sheet runoff from $25bn to $5bn per month. Fed Chair Jerome Powell immediately acknowledged the very ...

The US Export-Import Bank (Exim) has approved support for a gas project in Mozambique, even as watchdogs posed questions on associated human rights violations. The nod by US export credit agency now ...

Oracle has said it will invest $5 billion over the next five years to expand its data centre footprint in the UK to field local demand for cloud computing and artificial intelligence (AI) services, in ...

Workflow automation software provider ServiceNow is to buy US-based AI outfit Moveworks for $2.85 billion as it seeks to “accelerate enterprise AI adoption” and deliver “AI agents for all employees”.

Tech major Oracle has pledged $5bn investment over the next five years to expand its AI-driven cloud services in the UK. This investment aims to augment Oracle Cloud infrastructure's presence in ...

Queensland is set to receive $2.3bn less this financial year and $5bn by 2028 under the recommendation from the independent Commonwealth Grants Commission, despite every other state and territory ...

The initial market capitalisation would be about $3.5bn, with the potential to reach $5bn if valued at NAV, the analysts said. “Furthermore, the combined company would see its net loan-to-value ...

The NSW government will be asked to fork out $5bn as the sale of a premier racecourse for a new “mini-city” hangs in the balance. The NSW government will be asked to consider the unsolicited ...