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Russian oil revenues jump $1.3 billion as Strait of Hormuz crisis shifts global supply

The ongoing conflict in the Middle East is creating major disruptions in global oil markets. Iran’s control over the Strait ...

Public-private partnership launches $1.3-billion fund to purchase unsold GTA condos

A private Canadian investment firm has teamed up with a provincial Crown agency to purchase and convert some of the growing ...

How LinkedIn replaced five feed retrieval systems with one LLM model, at 1.3 billion-user scale

How LinkedIn replaced five feed retrieval systems with one LLM model — and what engineers building recommendation pipelines can learn from the redesign.

Shell Divests Jiffy Lube to Monomoy Capital Partners for $1.3 Billion

SHEL sells Jiffy Lube to Monomoy for $1.3 billion, divesting a non-core asset as it sharpens focus on higher-return lubricants and mobility segments.

AI ‘godfather’ raises $1.3 billion for start-up with Singapore as key base

Yann LeCun, an AI pioneer, raises $1.3 billion for AMI Labs with Singapore as a key base. Read more at straitstimes.com. Read more at straitstimes.com.

Investment firm 3i Infrastructure to sell TCR stake for $1.3 billion

March 5 (Reuters) - Investment firm 3i Infrastructure on Thursday agreed to sell its 71% stake in airport equipment firm TCR for 1.14 billion euros ($1.32 billion). 3i Infrastructure, which first ...
Reuters

Digital euro to cost EU banks 4-6 billion euros over 4 years, ECB estimates

ECB selecting banks that want to take part in pilot phase ECB setup costs to reach around 1.3 bln euros, Cipollone says Banks to pocket fees, won't have to pay system costs to ECB Merchants will also ...