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05/12/2025
South Africa issued $2.5 billion in bonds, marking the country's first USD bond sale in the past year.
Latest
3 m ago
SoFi Technologies is seeking to raise $1.5 billion through a stock sale. This financial technology company is expanding its business from lending to other product areas. According to a statement released on Thursday, the San Francisco-based company is collaborating with Goldman Sachs Group for this stock sale. Sources revealed that SoFi plans to sell shares at a price range of $27.50 to $28.50 per share. The statement indicates that SoFi plans to use the funds raised to strengthen its capital base and expand into new business opportunities, among other uses. Representatives from SoFi have not commented on this yet. On October 28th, SoFi announced third quarter adjusted net revenue of $9.496 billion, surpassing analysts' expectations of $8.982 billion. CEO Anthony Noto mentioned that the company's expansion into customer service areas beyond lending is reflected in revenue, contributing to record-breaking performance in the third quarter. The company announced in November that users can join a priority access list for SoFi Crypto, allowing them to buy and sell dozens of cryptocurrencies.
12 m ago
Apple Inc. announced executive personnel changes.
12 m ago
Apple announced that Jennifer Newstead will assume the position of the company's General Counsel on March 1, 2026, succeeding Kate Adams who has held the position since 2017. Newstead will join Apple as Senior Vice President in January next year, reporting to CEO Cook and becoming a member of Apple's executive team. Prior to Adams' retirement (expected by the end of 2026), she will temporarily oversee the government affairs team; afterwards, the team will be integrated into the General Counsel's office and led by Newstead. Additionally, Vice President Lisa Jackson, responsible for environmental, policy, and social initiatives affairs, will retire at the end of January 2026. The environmental affairs and social initiatives team will report to Apple's Chief Operating Officer, Sabih Khan.
14 m ago
American steel company: Confident of operating factories safely and profitably to meet the demand by 2026.
20 m ago
China Earthquake Networks Center officially determined that a 3.3-magnitude earthquake occurred at 05:27 on December 5 in Jiangda County, Chamdo City, Tibet, with a focal depth of 10 kilometers.
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