James Cameron’s Avatar: The Way of Water has now officially, and as projected, crossed the $1 billion mark at the international box office with Tuesday’s grosses included. What’s more for this 20th Century Studios/Disney juggernaut, at $1,482.5M worldwide through Tuesday, the epic sci-fi sequel is next on its way to yet another milestone and will … Read more
A unit of Tokyo Gas Co Ltd is in advanced talks to buy US natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for about $4.6 billion, including debt, people familiar with the matter said on Tuesday. If consummated, the deal would be the latest move by a Japanese entity to secure … Read more
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Reuters David French and Shariq Khan Published Jan 03, 2023 • 2 minute read Join the conversation Article content A unit of Tokyo Gas Co Ltd is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from private equity firm Quantum Energy … Read more
No surprise here: Walt Disney is the No. 1 studio at the box office, not just worldwide with $4.9 billion, but also domestic with $2 billion and overseas with $2.9 billion. This comes after an initial New Year’s weekend which saw Avatar: The Way of Water overperforming, that pic contributing close to $1 billion abroad. … Read more
Blackstone ‘s big retail real estate fund received a $4 billion investment from the Regents of the University of California, the company said Tuesday. The infusion by UC Investments amounts to an important endorsement for the Blackstone Real Estate Income Trust, known as BREIT, which has been facing increased requests for investor redemptions. Source link
(Bloomberg) — Blackstone Inc. is getting a $4 billion cash infusion from the University of California for its massive real estate fund Blackstone Real Estate Income Trust, which has faced heightened pressure from investors pulling cash. Most Read from Bloomberg UC Investments will invest the $4 billion in the Class I common shares, the largest … Read more
(Bloomberg) — Space Exploration Technologies Corp. is raising $750 million in new fundraising, which values the company at $137 billion, CNBC reported, citing correspondence it obtained. Most Read from Bloomberg Andreessen Horowitz will likely lead the new funding round in the Elon Musk-led company known as SpaceX, the outlet reported. The firm had previously invested … Read more
Despite muted growth in the current fiscal (FY23), owing to global macroeconomic headwinds, India’s digital ad spends are expected to reach $21 billion by FY28, according to a new report by Redseer Strategy Consultants. Over the next five years, digital, which is already the fastest-growing distribution channel for brand marketers, would account for an overwhelming … Read more
The abrupt collapse of FTX continues to reverberate through the cryptocurrency industry. While it is still very early to determine the full repercussions of Sam Bankman-Fried’s crypto empire filing for bankruptcy, it is expected that there are going to be many victims in the crypto sphere, according to industry sources. The reasoning is that FTX, … Read more
The personal savings of Americans have plunged to a shockingly low $626 billion — from $4.85 trillion in 2020. Here are 3 easy ways to buck that dangerous downtrend When Americans were receiving stimulus checks from the government during the early days of the pandemic, they were able to save quite a bit of money. … Read more