PR Newswire

    LONDON, June 13, 2023 /PRNewswire/ — Globeleq, the leading African-focused independent power producer, has released its 2022 Sustainability Report. This report details Globeleq’s performance across…

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    Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal is worth about US$10.2 billion at current exchange rates. Alibaba expects the transaction to close on Aug. 26, subject to customary conditions.