45bn

Sterling fell 3 per cent against the dollar to below $1.09, its lowest point since 1985, after UK chancellor Kwasi Kwarteng took a huge political gamble with a debt-financed package of £45bn of tax cuts.Britain’s biggest set of tax…

This week’s undoing of the TerraUSD algorithmic stablecoin and its sister token Luna has ramifications for all of crypto. First, there’s the immediate impact: The rapid collapse of a once-popular pair of cryptocurrencies sent a ripple…

The International Monetary Fund hopes to mobilise around $45 billion for a new trust to help a broader range of countries, including some middle-income economies, deal with climate change and other longer-term challenges, a paper prepared…

He later moved to the active money team at the Myer Family Office, then realised his skills lay in the index and quantitative side.Over 18 years IFM Investors has become globally renowned for its environmental, social, and governance (ESG)…

Argentina has secured a $45bn deal with the IMF to restructure debt from its record 2018 bailout, just weeks before a deadline for repayments it would struggle to make from fast-dwindling reserves. The IMF said in a statement on…

The U.S. Justice Department said on Tuesday it has unraveled its biggest-ever cryptocurrency theft, seizing a record-shattering $3.6 billion in bitcoin tied to the 2016 hack of digital currency exchange Bitfinex and arresting a…

CVC Capital Partners has agreed to buy Unilever’s tea division for €4.5bn after beating rival private equity groups Advent and Carlyle to a business that is home to PG Tips, Lipton and Brooke Bond.The European buyout group reached a…

Global mobile gamers have already spent about $44.7 billion within the first half of 2021. According to Sensor Tower estimates shared with GamesIndustry.biz, there is a 17.9% increase when compared to the first six months of 2020. Apple's…