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Tencent raises USD 6 bln in bond offering, pledges investment of USD 70 bln into cloud, AI, cybersecurity

2020-05-29 15:43:00| Telecompaper Headlines

(Telecompaper) The company has pledged to invest USD 70 billion into new infrastructure over the coming five years, Reuters noted, citing a statement to state media by company SVP Dowson Tong. The money will go into cloud computing, artificial intelligence and cybersecurity, and namely in blockchain, servers, big data centres, supercomputer centres, IoT operating systems, 5G networks and quantum computing.

Tags: investment offering usd bond

 

Kohl's quits eight brands in bid to tighten apparel offering

2020-05-20 14:05:00| Daily apparel & textile news and comment - from just-style.com

US department store chain Kohl's is exiting eight "down-trending" womenswear brands as it moves to tighten up its apparel offering, following a 43.5% sales plunge and booking a loss in its most recent quarterly financial update.

Tags: brands apparel offering bid

 
 

Diamondback Energy Prices $500 Million Debt Offering

2020-05-20 00:00:00| OGI

Proceeds will be used to fund a cash tender offer that commenced May 18 for the purchase of notes Diamondback Energy acquired through its merger with Energen in 2018.

Tags: prices million energy offering

 

LCG offering no-fee valuation report

2020-05-19 17:41:20| Label and Narrow Web Breaking News

A VBS report from LaManna Consulting Group gives print business owners a tool that can help increase company value.

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Comstock Resources Issues Common Stock in Rare Equity Offering

2020-05-15 00:00:00| OGI

The issuance by Comstock Resources creates an opportunity for equity exposure in the Haynesville Shale, says RS Energy Group senior associate Jimmy McNamara.

Tags: resources issues stock common

 

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