Chinese technology company Alibaba Group Holdings plans to issue bonds worth about $5 billion this month, Bloomberg reports, citing insiders. It is expected that the sale of debt obligations may include issues in both dollars and yuan. However, the company itself has not yet given official comments.The move follows the successful private placement of convertible bonds for a similar amount in May. The last time Alibaba issued standard dollar bonds on public markets was in 2021, when it condu... Read More
German Chancellor Angela Merkel agreed to introduce additional measures in the country to combat... Read More
The aggregate capitalization of Chinese companies reached $10 trillion for the first time since... Read More
National Commercial Bank (NCB), the largest Bank in Saudi Arabia by assets, announced the purchase... Read More
US Commerce Department chief Wilbur Ross said today that the United States is imposing duties on... Read More
According to the US Department of Labor, last week the number of Americans who filed initial... Read More
Futures on major US stock indexes started to rise on Wednesday after a sharp drop a day earlier... Read More
The head of the European Central Bank, Christine Lagarde, said during her speech that the regulator... Read More
According to the American Institute for Supply Management (ISM), the index of business activity in... Read More
According to the US Institute for Supply Management (ISM), the US Manufacturing Index (ISM... Read More
According to the Energy Information Administration of the US Department of Energy, commercial oil... Read More
The U.S. stock market is consolidating after two days of gains awaiting the first presidential... Read More
According to the State Secretariat for Economic Affairs (SECO) of Switzerland, the country's GDP... Read More
Oil prices fell on Thursday amid uncertainty about the outlook for the global economy and the... Read More
According to the Energy Information Administration (EIA) of the US Department of Energy, the volume... Read More
On Tuesday, the UK said it intends to abandon the return of people to their usual jobs in an... Read More
The British authorities announced that they are considering the possibility of canceling the Tax... Read More
According to the UK National Statistical Office (ONS), retail sales in August increased 0.8% from... Read More
World Bank Chief Economist Carmen Reinhart, speaking at the Trends 2021 online forum, said that the... Read More
According to the Office for National Statistics (ONS), inflation in Great Britain in August in... Read More
According to the September OPEC report, the organization downgraded the forecast for world oil... Read More
Today it became known that the UK and Japan signed the first trade agreement after Brexit. At the... Read More
The euro rose significantly after the meeting of the European Central Bank, at which the regulator... Read More
Job vacancies in the US increased in July, with more workers leaving retail and professional and... Read More
The US has said it is considering a ban on Chinese cotton products from Xinjiang. The US cited... Read More
British Prime Minister Boris Johnson said that a Brexit trade deal with the European Union should... Read More
According to the US Bureau of Labor Statistics, an additional 1.371 million nonfarm jobs were... Read More
According to the US Department of Labor, the number of initial applications for unemployment... Read More
According to the Federal Agency for Employment of Germany, the number of unemployed in Germany in... Read More
The German authorities have improved their forecast for the outlook for the economy in 2020 amid... Read More
According to Statistics Canada, the country's economy contracted by a record 11.5% in the second... Read More
