The Russian invasion of Ukraine is unleashing a new era of military spending across Europe. Member countries of the North Atlantic Treaty Organization, such as Germany, have done an about-face on mili...
Tag: Spending
Defense Stocks Take a Hit on U.S. Defense Spending Request
Text size Defense stocks trade for about 18 times estimated 2022 earnings. Jose Luis Magana / AFP) Defense stocks are taking a small hit after details of the coming defense budget were released. On Mo...
As Fuel & Food Prices Soar, Consumers Tighten On Retail Spending
Retailers feel the pinch. As consumers battle with an onslaught of rising cost, retail spending has … [+] slowed slightly (photo by Daniel Harvey Gonzalez/In Pictures via Getty Images) In Pictur...
Tesla, GM, and Volkswagen Each Lead the Car Industry in R&D Spending
Text size A Tesla car at the company’s new factory in Germany. Christian Marquardt — Pool/Getty Images Does Tesla spend the most money on research and development? Or is it General Motors? Or Vo...
Philippine Billionaire Betty Ang’s Monde Nissin To Cut Spending Amid Challenging Business Environment
Monde Nissin, the Philippines’ largest instant noodle maker, bought British alternative meats maker … [+] Quorn in 2015. Simon Dawson/Bloomberg Monde Nissin—controlled by tycoon Betty Ang ...
Saudi Aramco to boost oil production spending to help meet rise in demand
Saudi Aramco has said it will boost spending on oil production to meet rising energy demand as chief executive Amin Nasser criticised “totally unrealistic” plans to swiftly transition the world away f...
After Oil’s Surge, Saudi Aramco Hikes Spending to Boost Output
(Bloomberg) — Saudi Aramco will increase spending and issue bonus shares as oil’s surge to more than $100 a barrel bolsters the company’s plan to boost production. Most Read from Bloomberg The S...
EQT AB is spending $7.4 billion to make this acquisition in Asia
In a major bet on Asian private markets, European acquisition behemoth EQT AB agreed to acquire rival private-equity company Baring Private Equity Asia for $7.5 billion in stock plus cash transaction....
Lifespan Indicators Show Young Coin Spending: Bitcoin (BTC) on-Chain Analysis
BeInCrypto takes a look at Bitcoin (BTC) on-chain indicators that relate to lifespan, such as spent volume age bands and Coin Days Destroyed (CDD). What is CDD? CDD is a lifespan indicator that shows...
Retail sales February 2022 come up short as inflation puts dent in consumer spending
An Amazon Prime truck pulls away after a delivery in Washington, DC, on February 17, 2022. Nicholas Kamm | AFP | Getty Images Consumers continued to spend in February through at a slower pace than exp...
Biden Signs $1.5 Trillion Spending Bill With $14 Billion For Ukraine Aid—Here’s What’s In It
Topline After months of negotiations to fund the government, President Joe Biden on Tuesday signed a $1.5 trillion omnibus spending bill that will shore up funding for the rest of the fiscal year, whi...
Philippines’ Ayala Corp. Boosting Spending To $5.4 Billion In 2022 As Earnings Rebound
Fernando Zobel de Ayala (R), president and CEO of Ayala Corp, gestures during an interview with AFP … [+] as his brother Jaime Augusto Zobel de Ayala II (L), looks on at the corporate headquarte...
Senate Passes $1.5 Trillion Spending Bill With $14 Billion For Ukraine Aid—Here’s What’s In It
Topline After months of negotiations to fund the government, the Senate on Thursday passed a $1.5 trillion omnibus spending bill that will shore up funding for the rest of the fiscal year, while also ...
New Federal Spending Plan Could Effectively Ban Products That Help People Quit Smoking
Woman vaping at home. getty Of the many provisions included in the 2,741 page omnibus spending bill being pushed through Congress this week is a budget rider that will subject thousands of products co...
Binance to Bolster M&A Spending amid Regulatory Scrutiny
Binance, one of the world’s largest crypto infrastructure providers, is reportedly planning an M&A acquisition Acquisition Acquisition means acquiring or taking possession or the securing of pro...
House Passes $1.5 Trillion Spending Bill With $14 Billion For Ukraine Aid—But No Covid Relief
Topline The U.S. Capitol building. getty Key Facts The massive spending package, which would appropriate funds for the government until September 30, passed the House on Wednesday evening in largely b...
Avalanche Foundation Spending $290 Million to Promote Subnet Development
The Avalanche Foundation has established a $290 million fund to help developers add to the number of subnets on its blockchain. The Avalanche Multiverse will be an ongoing initiative without a specifi...
China defense spending to rise by 7.1% in 2022, says finance ministry
Chinese President Xi Jinping inspects troops during a parade on October 1, 2019, to celebrate the 70th Anniversary of the founding of the People’s Republic of China at Tiananmen Square in 1949, ...
Research Reveals CMOs’ 2022 Spending Priorities
Budgets and optimism about revenue are on the rise across the C-suite, says Forbes’ recent CxO Growth Survey 2.0. According to the data, eight in ten CxOs expect revenue and earnings to increase...
China’s finance ministry on tax breaks, spending on homegrown tech
A worker in a dust-proof suit controls an LED epitaxy chip production line at a semiconductor workshop in Nanchang, Jiangxi Province, on Jan. 26, 2022. Future Publishing | Future Publishing | Getty Im...
Billionaire Lim Kok Thay’s Genting Singapore Spending $300 Million To Revamp Casino Resort, Theme Park
Lim Kok Thay reacts during a Bloomberg Television interview in Singapore on December 14, 2018. Nicky Loh/Bloomberg Genting Singapore—controlled by Malaysian billionaire Lim Kok Thay—is investing S$400...
January Sales Up 3.8% As Consumer Spending Remains Strong
Apparel, including accessories, and department stores showed a significant bounce back from January … [+] 2021 with sales up 22.3% and 11.5% respectively, as consumers resumed more activities ou...
Bank of America CEO Brian Moynihan says U.S. consumer spending ‘very strong’ in February
Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Ge...
Super Bowl ads 2022: Crypto companies are spending millions to win over viewers
The cost of 30-second ad cost $6.5 million this year FTX Trading and Crypto.com are among a handful of cryptocurrency-related companies that have spots Although popular ads don’t guarantee a company w...
5 Tips for Traveling in El Salvador Spending Only Bitcoin
In our travels we have met so many people who have come to El Salvador to see what is happening, and we know that many others, maybe just by reading the reports of our adventures in the mainstream mag...
January fintech VC roundup: Checkout.com’s $1 billion raise continues the payments spending spree
Quick Take In January 2022, fintechs raised $10.7 billion globally — this is a 45% increase from the same time period of the previous year. Fintechs have kicked off the start of the year with a bang...
Ford reportedly plans to increase EV spending by up to $20 billion
The all-electric Ford F-150 Lightning truck during an augmented reality presentation at the Motor Bella Auto Show in Pontiac, Michigan, on Tuesday, Sept. 21, 2021. Emily Elconin | Bloomberg | Getty Im...
PayPal stock sinks after earnings as inflation, spending pressures weigh on outlook
PayPal Holdings Inc. largely matched expectations for its holiday quarter but shares plunged late Tuesday after the company delivered an earnings forecast that came up shy of expectations. Shares were...
Older Americans, Flush With Housing and Stock Portfolio Wealth, Poised to Revive Spending This Year
Covid-19 kept many older Americans on the sidelines of the recovery in consumer spending as they held back from in-person services like dining and travel. But their spending is picking up as the Omicr...