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Big US banks set aside $28bn in downturn warning

2020-07-14 20:42:08| BBC News | Business | UK Edition

JP Morgan, Citigroup and Wells Fargo warn loans may turn sour as the pandemic hits businesses.

Tags: set big warning banks

 

Honda to invest $2.8bn in GM's self-driving car unit

2018-10-04 05:30:58| BBC News | Business | UK Edition

The Japanese firm has teamed up with GM to develop an autonomous car that could be mass produced.

Tags: car unit honda invest

 
 

Telenor sells Central Europe assets to O2 Czech parent for 2.8bn

2018-03-21 01:00:00| Total Telecom industry news

Telenor on Wednesday agreed the 27 billion kroner (€2.8 billion) sale of its Central European operations to Czech billionaire Petr Kellner's PPF Group. The deal will see the Norwegian incumbent exit Bulgaria, Hungary, Serbia and Montenegro, leaving it with operating units concentrated in Scandinavia and Asia…read more on TotalTele.com »

Tags: central europe parent czech

 

Nestle sells Crunch, Nerds and other US brands to Ferrero for $2.8bn

2018-01-17 04:39:45| BBC News | Business | UK Edition

Ferrero will pay $2.8bn for brands such as Crunch, Nerds, Runts and Butterfinger.

Tags: brands sells crunch nestle

 

Indias BPCL to expand refining capacity with $2.8bn investment

2017-08-22 01:00:00| Hydrocarbons Technology

Indian state-owned company Bharat Petroleum (BPCL) is planning to plough at least Rs180bn ($2.8bn) into an expansion of its refineries over the next five years, according to Business Standard.

Tags: expand investment capacity refining

 

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