#$1.5b

$1.5b Port Harcourt refinery rehabilitation is suspicious —Atiku

Former Vice President, Atiku Abubakar, on Thursday, faulted the Federal Government’s approval of $1.5 billion for the renovation of the Port Harcourt refinery. The presidential candidate of PDP in the 2019 election said budgeting the amount for the renovation of a refinery at a critical period of increased unemployment and inflation “would appear to be an unwise use of scarce funds.” It could be…

Battersea Power Station's Malaysian fund owners said to sound out banks for £1.5b loan

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[KUALA LUMPUR] Two Malaysian state-backed funds that acquired London's Battersea Power Station building are sounding out banks for a loan of about £1.5 billion (S$ 2.7 billion), people with knowledge of the matter said.

… The Business Times

IoT security spending to hit $1.5B in 2018 as targeted cyberattacks grow rampant

Building a slide deck, pitch, or presentation? Here are the big takeaways: 20% of organizations have experienced at least one IoT attack in the last three years. — Gartner, 2018 Spending on security for smart devices will reach more than $ 3 billion by 2021. — Gartner, 2018 As Internet of Things (IoT) devices like Apple’s HomePod and Amazon’s Echo become more popular, attempts to hack these…

Baidu announces $1.5B autonomous driving fund

Baidu Chinese search engine giant Baidu is stepping up its involvement in the self-driving vehicles space with a new, $ 1.5 billion fund. Called the Apollo Fund, named after its open-source autonomous driving platform, Baidu plans to invest the fund in … Latest news

Alberta-based Parkland Fuel buying Chevron Canada fuel business for nearly $1.5B

Parkland Fuel Corp. says it will pay $ 1.46 billion to acquire Chevron Canada’s fuel business, including 129 gas stations in the Vancouver area and a refinery in Burnaby, B.C.

… CBC | Business News