November 19, 20240 Comments

Alibaba delivers initial price guidance on $5 billion dual-currency bond, term sheet shows By Reuters

SYDNEY (Reuters) – Alibaba (NYSE:) Group has delivered investors initial price guidance on its $5 billion dual currency bond, according to a term sheet reviewed by Reuters on Tuesday. The U.S. dollar tranche consists of 5.5-year, 10.5-year and a 30-year bond, the term sheet showed. The 5.5-year bond has an initial price guidance of Treasuries and about 90 basis points, the 10.5-year is Treasuries plus about 115 basis points and

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November 19, 20240 Comments

Analyst Predicts Rallies to New All-Time Highs for Ethereum and Solana, Calls One Memecoin the ‘Outperformer’

A closely followed crypto strategist thinks layer-1 rivals Ethereum (ETH) and Solana (SOL) are gearing up for rallies to new all-time highs. Pseudonymous analyst Inmortal tells his 217,500 followers on the social media platform X that he believes Ethereum is in the midst of a brief consolidation period before rallies to new record-high levels. The trader shares a chart suggesting that Ethereum will eventually break out en route to $5,000.

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November 19, 20240 Comments

China’s top financial officials set to speak at Hong Kong summit

GUANGZHOU, CHINA – APRIL 6: Chinese Vice Premier He Lifeng prepares for a meeting with U.S. Treasury Secretary Janet Yellen on April 6, 2024 in Guangzhou, China.  Ken Ishii | Getty Images News | Getty Images Chinese Vice Premier He Lifeng and several other top financial policymakers are scheduled to speak Tuesday at a global financiers summit in Hong Kong. Hosted annually by the Hong Kong Monetary Authority, the third

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November 19, 20240 Comments

Warning retail job cuts ‘inevitable’ after NI tax rise in Budget

High Street job losses are “inevitable”, prices will rise, and shops will close as the result of the tax increases in the Budget and other rising costs, a group of the biggest retailers in the UK is warning. Tesco, Amazon, Greggs, Next, and dozens of other chains are urging the Treasury to reconsider some of the measures. In a letter to Chancellor Rachel Reeves, they said the “cumulative burden” of

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November 19, 20240 Comments

Cyberattack leaves Stop & Shop shelves empty 10 days before Thanksgiving

Stop & Shop shelves empty across Massachusetts after parent company hacked Stop & Shop shelves empty across Massachusetts after parent company hacked 02:39 FRAMINGHAM – Stop & Shop stores across Massachusetts had empty shelves on Monday due to a cyberattack. Stop & Shop shelves empty People walking into the store ready to stock up before Thanksgiving had to leave empty-handed. “I can’t buy carrots. I can’t buy lettuce. The vegetables

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November 19, 20240 Comments

Super Micro hires new auditor to maintain Nasdaq listing; shares pop

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.  Annabelle Chih | Bloomberg | Getty Images Embattled server maker Super Micro Computer said on Monday that it’s hired BDO as its new auditor and submitted a plan to Nasdaq detailing its efforts to regain compliance with the exchange. The shares

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November 19, 20240 Comments

Best Mobile Home Loans

Mobile home loans are used to finance houses that are built in factories and then moved onto lots. These houses are also called manufactured homes…. Source link

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