Karen Clark pegs Hurricane Ian losses at $63 billion

Boston-based catastrophe modeler Karen Clark & Co. said Friday insured losses from Hurricane Ian in the U.S. and the Caribbean will be close to $63 billion. In nominal dollars, Hurricane Ian will be the largest hurricane loss in Florida history, KCC said. Total economic damage will be well over $100 billion, including uninsured properties, damage … Read more

‘Grand Theft Auto V’ Coming To Mobile Phones After $17 Billion Deal

FarmVille and Grand Theft Auto are about to have a lot more in common than we ever saw coming. Where the former involves managing farm crops with your friends, the latter is a sandbox action game where you attempt to steal and shoot your way to the top. Either way, they’re about to share space … Read more

GTA Mobile coming soon, Take-Two will complete $1.5 billion Zynga acquisition

Back in January this year, video game developer Take-Two announced its acquisition of Zynga. The social game developers would get new owners for the massive amount of $12.7 billion. That certainly isn’t the highest amount, after Activision’s acquisition by Microsoft for nearly $69 billion. However, is still a very impressive amount. It’s way more than … Read more

Vodafone Agrees to Sell Hungary Unit for 1.8 Billion Euros

Vodafone Group Plc has agreed to sell its Hungarian unit in a deal valued at 1.8 billion euros ($1.8 billion) including debt as part of the British telecommunications company’s plan to simplify its sprawling business. The company sold the assets to 4iG Public Ltd. and Corvinus Zrt, a Hungarian state holding company, Vodafone said in … Read more

Gold Imports Rise 6.4% To $13 Billion In April-July This Fiscal Year

Business oi-Renu Baliyan | Published: Saturday, August 20, 2022, 19:06 [IST] India’s gold imports, which have a bearing on the country’s Current Account Deficit (CAD), rose 6.4 per cent to USD 12.9 billion during April-July this fiscal due to healthy demand, according to government data. The imports stood at USD 12 billion during the same … Read more

Foreign Exchange Reserves Decline $2.24 bn To $570 Billion

Business oi-Renu Baliyan | Published: Saturday, August 20, 2022, 22:53 [IST] The country’s foreign exchange reserves fell USD 2.238 billion to USD 570.74 billion in the week ended August 12, according to the Reserve Bank of India (RBI) data. In the previous week ended August 5, the foreign exchange reserves declined USD 897 million to … Read more

Since the launch of GTA 5 in 2013, Grand Theft Auto generated nearly 8 billion dollars

With the latest financial results released by Take-Two Interactive, which confirmed that Grand Theft Auto 5 has almost reached 170 million copies sold worldwide, we can get more interesting information regarding the Rockstar Open World Series. Games. The Grand Theft Auto franchise has spawned the cost of taking-Two and Rockstar Games $7,68 billion since the … Read more

Trade deficit at record $30 billion in July; exports hits five-month low

India’s trade deficit widened to a record $30 billion in July as exports grew at a much slower pace compared to imports, data released by the commerce and industry ministry showed on Friday. Merchandise exports declined to a five-month low of $36.27 billion in July but witnessed a marginal increase of … Read more