Chinese President Xi Jinping Decided to ‘Step on’ Ant’s IPO

Chinese President Xi Jinping Decided to ‘Step on’ Ant’s IPO

#China #XiJinping #JackMa #AntIPO #Alibaba #Halt #fintech $BABA China’s President Xi Jinping personally decided to pull the plug on Ant Group’s $37-B IPO (initial public offering), the WS-J reported Thursday, citing Chinese officials with the knowledge of the matter. The decision to stop what would have been the world’s largest ever IPO, came days after […]

Tesla (NASDAQ:TSLA) Needs $1.15-B, Cannot Produce EVs Without It

Tesla (NASDAQ:TSLA) Needs $1.15-B, Cannot Produce EVs Without It

Tesla (NASDAQ:TSLA) Needs $1.15-B, Cannot Produce EVs Without It $TSLA, $GM Tesla (NASDAQ:TSLA) plans to raise 1.15-B in new funding to help fuel production of a mass market-targeted Model 3 electric car set for release this year. The company said that it planned to offer $250-M in common stock and $750-M in convertible notes, with […]