Tag: billions

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Want to be a criminal in America? Stealing billions is your best bet to go scot-free

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In the United States, only certain types of theft are newsworthy. For example, on 14 June 2021, a reporter for KGO-TV in San Francisco tweeted a cellphone video of a man in Walgreens filling a garbage bag with stolen ...

Australian man Craig Wright wins US court battle for bitcoin fortune worth billions

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Craig Wright, an Australian computer scientist who claims to be the inventor of bitcoin, has prevailed in a civil trial against the family of a deceased business partner that claimed it was owed half of a cryptocurren...

SSE to invest billions more in green power as it rejects break-up call

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SSE has rebuffed calls to break itself up, and announced a multi-billion pound plan to boost investment across its renewable energy and electricity networks businesses. The FTSE 100 energy supplier will expand its inv...

Rolls-Royce and Qatar to invest billions in UK green engineering

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The engine maker Rolls-Royce has entered into a long-term partnership with the Gulf state of Qatar to invest billions in green engineering projects to fund entrepreneurs finding new ways to help transition to net zero...

Digital gender gap ‘keeping women offline’ and costing billions, finds report

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A failure to ensure women have equal access to the internet has cost low-income countries $1tn (£730bn) over the past decade and could mean an additional loss of $500bn by 2025 if governments don’t take action, accord...

Indigenous children set to receive billions after judge rejects Trudeau challenges

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A federal court in Canada has paved they way for billions in compensation to First Nations children who suffered discrimination in the welfare system, after a judge dismissed a pair of legal challenges by the governme...

China’s Alibaba to invest billions by 2025 for ‘common prosperity’

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China’s Alibaba Group will invest 100bn yuan ($15.5bn) by 2025 in support of “common prosperity”, it said, becoming the latest corporate giant to pledge support for the initiative driven by the president, Xi Jinping. ...

Climate crisis has cost Colorado billions – now it wants oil firms to pick up the bill

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More than a decade after the Fourmile Canyon blaze drove even the firefighters out of Gold Hill, blackened hillsides and scorched trees attest to the Colorado mountain town’s close shave with destruction. “Because of ...

Towns trouser cash as billions earmarked for ‘levelling up’ in UK

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The government’s levelling up agenda will result in billions of pounds being invested in projects across the United Kingdom. Ministers will use four new funds to finance large-scale renovations in seaside towns such ...

Billions pledged to tackle gender inequality at UN forum

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Billions of pounds will be pledged to support efforts to tackle gender inequality this week at the largest international conference on women’s rights in more than 25 years. The Generation Equality Forum, hosted in Par...

Covid loan fraud and error will cost UK taxpayers tens of billions, say MPs

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Taxpayers will lose tens of billions of pounds to Covid-19 support schemes because the government dropped basic fraud checks and rolled out the programmes in haste, a parliamentary report has claimed. The report, publ...

Billions needed to protect Glasgow from climate effects, report says

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Nearly 2 million people living in the greater Glasgow area face severe disruption from climate heating unless billions of pounds are invested in protecting homes, businesses and transport links, a report says. A study...

Cristiano Ronaldo snub wipes billions off Coca Cola’s market value

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Cristiano Ronaldo’s removal of two Coca-Cola bottles during a press conference at the Euros has coincided with a $4bn fall in the share price of the drinks giant. The Portugal captain is a renowned health fanatic and...

G7 nations committing billions more to fossil fuel than green energy

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The nations that make up the G7 have pumped billions of dollars more into fossil fuels than they have into clean energy since the Covid-19 pandemic, despite their promises of a green recovery. As the UK prepares to ho...

Biden corporate tax plan could earn EU and UK billions, study shows

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A proposal to be tabled by the US president, Joe Biden, at the upcoming G7 meeting for a 15% global corporate tax rate could reap the EU €50bn (£43bn) a year, and earn the UK nearly €200m extra alone from the British ...

Budget 2021 updates: billions for aged care and mental health as treasurer prepares to deliver federal budget – Australian politics live

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Ailing sectors targeted, as federal parliament returns in Canberra with question time and Josh Frydenberg preparing to release Australia’s 2021 budget. Follow all the latest news as it happens • Aged care, women and i...

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