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1-10 results from 1000 for query «billion»

January 15, 2019 7:48 PM Exclusive: Brazil's Odebrecht offers debt-for-equity swap for Atvos unit

SAO PAULO (Reuters) - Corruption-ensnared Odebrecht SA [ODBES.UL] has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht’s huge debt load, according to two sources with knowledge of the matter. The move is the latest sign of the radical way in which Brazilian conglomerate 2283

January 15, 2019 7:10 PM Netflix raises prices for U.S. subscribers

(Reuters) - Netflix Inc (NFLX.O) is raising monthly fees for its U.S. subscribers by between 13 percent and 18 percent, the video streaming pioneer’s first price increase since 2017 as it spends heavily on original content and international expansion. Prices for its popular standard plan, which allows streaming on two devices at the same time, will rise to $12.99 per month 2136

January 14, 2019 7:02 PM U.S. farmers seek answers on trade from Trump

NEW ORLEANS (Reuters) - Thousands of U.S. farmers waited to hear President Donald Trump speak in Louisiana on Monday, hoping for an update on a White House trade war with China that has left them struggling. Farmers gathered in New Orleans at the American Farm Bureau Federation annual convention, an event Trump was due to attend for a second year in a row even as a partial 133

January 14, 2019 4:45 PM Ethiopia charges METEC head with additional corruption case

ADDIS ABABA (Reuters) - Ethiopia hit the former head of military-run industrial conglomerate METEC with additional corruption charges on Monday, in a complex case seen as a test of the new prime minister’s anti-corruption campaign. Kinfe Dagnew was arrested along with dozens of other employees of the METEC two months ago. The new charges relate to the procurement 161

January 13, 2019 10:36 PM Australian premier plans Fiji, Vanuatu visit to offset China influence

MELBOURNE (Reuters) - Australian Prime Minister Scott Morrison said on Monday he will visit Fiji and Vanuatu this week as part of a push to offset China’s growing influence in the South Pacific. Morrison heads to Vanuatu on Wednesday, in the first visit by an Australian prime minister to the Pacific island nation in three decades. He then will go to Fiji, returning 111

January 12, 2019 11:36 PM More than $20 Million Crowdsourced For Border Wall Will Be Refunded

GoFundMe says it is refunding more than $20 million in donations raised by veteran Brian Kolfage to build a wall along the border between the U.S. and Mexico. The website offered the refunds after Kolfage said the donations would go towards a non-profit he created to build the wall, rather than to the U.S. government, as he originally promised. Kolfage 124

January 11, 2019 10:57 PM Amtrak works to modernize, speed up trains in busiest U.S. rail corridor

ABOARD AMTRAK TRAIN 182 (Reuters) - Amtrak is gearing up to introduce new high-speed Acela trains as it plans to spend billions of dollars in upgrades on the busiest U.S. rail corridor. The national U.S. passenger railroad on Friday gave reporters a tour by train of the busy northeast corridor from Washington to New York, showing off places where the rail system 114

January 10, 2019 7:31 PM Germany's Merkel says expects Greece to return to markets

ATHENS (Reuters) - German Chancellor Angela Merkel said on Thursday she expected Greece would be able to return to financial markets after it emerged from a multi-billion euro bailout program last year. “Yes of course, my visit, all my work, has this as its purpose, that Greece can stand on its own feet, and get financing from the markets,” Merkel told journalists 105

January 10, 2019 4:49 PM The Sun will become a giant crystal ball when it dies

A new study from the University of Warwick reveals that the Sun will become a giant crystal ball when it dies. The Sun produces 3.86 x 10^26 watts of energy, or 2.86 with 24 zeros at the end, an impossibly large number. But when the Sun dies, it will turn into an enormous crystal ball, according to a new study. When stars die, they eventually become 108

January 10, 2019 12:13 AM LG Chem to spend $1.07 billion on expanding battery plants in China

SEOUL (Reuters) - South Korea’s LG Chem said on Thursday that it plans to invest a total of 1.2 trillion won ($1.07 billion) to expand its two battery plants in China by 2020 in a bid to meet rising global demand. Under the investment plan, LG Chem will spend 600 billion won each at an electric vehicle battery plant and a small-sized battery plant in Nanjing 148