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Tag Archives: billion

Yahoo Says 1 Billion User Accounts Were Hacked

SAN FRANCISCO — Yahoo, already reeling from its September disclosure that 500 million user accounts had been hacked in 2014, disclosed Wednesday that a different attack in 2013 compromised more than 1 billion accounts. The two attacks are the largest known security breaches of one company’s computer network. The newly ...

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HSBC Bankers Face Charges in $3.5 Billion Currency Case

The global banking giant HSBC has repeatedly found itself in the cross hairs of American regulators and prosecutors in recent years. To settle allegations of money-laundering and mortgage abuses, it has paid billions of dollars — but has not been criminally charged. That has spurred an outcry that the bank ...

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Volkswagen to Pay $14.7 Billion to Settle Diesel Claims in U.S.

By HIROKO TABUCHI and JACK EWING June 27, 2016 Volkswagen has agreed to pay up to $ 14.7 billion to settle claims stemming from its diesel emissions cheating scandal, in what would be one of the largest consumer class-action settlements ever in the United States. The proposed settlement involving the federal government and lawyers ...

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Vietnam forex reserves hit record high of $38 billion

Vietnam’s foreign exchange reserves have risen 26.6 percent this year to around US$ 38 billion, the highest ever level, news website Saigon Times Online quoted the central bank governor as saying. The State Bank of Vietnam has bought nearly $ 8 billion this year, Le Minh Hung said. He expected ...

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Vietnam gov't plans to borrow over $20 billion this year

The Vietnamese government will borrow VND452 trillion (US$ 20.08 billion) this year to make up for its budget deficit and refinance its existing debts, according a plan recently approved by Prime Minister Nguyen Xuan Phuc. In comparison, that was an increase of 50.6 percent from the government’s borrowings in 2013.  ...

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