50bn

The amount of money the US government has to pay its bills tumbled to the lowest since 2021, posing a risk the administration will run out of funds by early next month if the statutory debt limit isn’t raised or suspended before then. The…

Cathie Wood’s Ark Investment Management has lost almost $50bn in assets from its stable of exchange traded funds since its 2021 peak, highlighting the scale of this year’s losses in speculative tech stocks. Total assets across Ark’s…

ExxonMobil will expand its share buyback programme to $50bn and lift capital spending, as the US supermajor continues to return huge profits to investors despite a political backlash.In a new plan announced on Thursday, Exxon said it…

The winner of the Conservative party leadership contest will face huge additional costs of servicing the nation’s debt and paying social security benefits as a result of rising inflation and interest rates, according to Financial…

This article is the latest part of the FT’s Financial Literacy and Inclusion CampaignCould you be due a share of £50bn the nation has collectively mislaid down the back of the sofa? This staggering sum is the estimated value of lost…

Investors have pulled $50bn from emerging market bond funds this year in the latest sign of how a sharp tightening of monetary policy in developed economies and the war in Ukraine has sparked a flight from the asset class.The net…

After a stellar March quarter (Q4) performance and reporting over 15 per cent year-on-year growth, Rajesh Gopinathan, Chief Executive Officer and Managing Director of…

The ASX shed $50 billion after higher than expected inflation data rattled the market and investors braced for a higher interest rate environment.The benchmark S&P/ASX 200 dropped as much as 3.1 percent before ending the session 2.5 per…

Unilever defended its £50bn bid for the consumer health unit of GlaxoSmithKline as the ambitious plan drew scepticism from some analysts and sent the group’s shares down 6 per cent in early trading on Monday.The maker of Dove soap,…

Unilever has approached GlaxoSmithKline about a potential acquisition of its consumer health joint venture with Pfizer for as much as £50bn in what could become one of the London market’s largest deals.The consumer goods group said…