Crisis-hit French IT firm Atos has told creditors and bondholders it is seeking more than 1 billion euros ($1.09 billion) in new funds, Bloomberg News reported on Monday, citing people with direct knowledge of a new restructuring plan. Atos is aiming to convert about half of its $5 billion debt into equity as part of the plan disclosed during a confidential meeting on Monday, Bloomberg said. Atos has not made immediately clear who would inject cash in the company and how remaining debt terms...
Google has announced a new $1 billion investment to enhance digital connectivity to Japan. This initiative, known as Pacific Connect, involves the development of two new undersea cables in collaboration with various partners. These cables will establish new fiber-optic Internet routes between the US and Japan, aiming to improve reliabilityRead Entire Article
In the early 1900s, Anaheim, California, was a rural community with endless rows of orange groves. Of course, that all changed when Disneyland opened July 17, 1955, and transformed the town into one of the world’s most well-known tourist destinations. Now, Disney has set out to transform the city again with an ambitious project called …
Roughly 1,300 African migrants gathered outside New York City Hall on Tuesday over what some believed were promises of a green card.
The Environmental Protection Agency released regulations on some toxic "forever chemicals" found in drinking water that can cause cancer.
PRESS RELEASE. Singapore, April 5, 2024 – During this crucial period for the crypto industry, ICB Crypto Services is ready to announce the early launch of the Ideal Cooperation Blockchain (ICB) Network. Designed by the sophisticated ICB Labs, the ICB Network introduces a promising Layer 1 blockchain project that was created to update the standards […]
Trian Partners founder Nelson Peltz has accepted defeat — for now. Peltz, a day after the activist investor lost a costly proxy battle with Disney, went on CNBC’s “Squawk on the Street,” Thursday to discuss what happened. “The shareholders have voted. They want to give management and the board a chance. So be it,” he […]
Trian Partners founder Nelson Peltz has accepted defeat — for now. Peltz, a day after the activist investor lost a costly proxy battle with Disney, went on CNBC’s “Squawk on the Street,” Thursday to discuss what happened. “The shareholders have voted. They want to give management and the board a chance. So be it,” he […]
SYRACUSE, N.Y. (WSYR-TV) — President Joe Biden will visit Central New York next week to formally announce the $6.1 billion award of CHIPS funding to Micron, sources familiar with the White Ho
A new Patch for Balatro has Dropped.
The Sun has settled 1,600 claims and paid out £1 billion to keep cases out of court, it has been revealed.
Finance Minister Chrystia Freeland’s fourth budget delivers a big-ticket housing program for millennials and Generation Z voters — a multi-billion dollar commitment to be paid for in part with a tax hike on the rich and corporate Canada.