Chinese e-commerce giant Alibaba Group Holding Ltd plans to raise up to $5 billion through the sale of a U.S. dollar-denominated bond, according to a marketing term sheet seen by Reuters on Wednesday.
California utility PG&E said on Tuesday it sold the rights to put wireless telecom antennas on its towers to a subsidiary of SBA Communications Corp for $973 million.
Almost 1.5 million people have been vaccinated against COVID-19, Prime Minister Boris Johnson said on Thursday, vowing to quickly expand a programme to inoculate the most vulnerable in Britain by mid-February.
By Reuters Staff
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FILE PHOTO: Citigroup Latin America CEO Jane Fraser addresses a Brazil-U.S. Business Council forum to discuss relations and future cooperation in Washington, U.S. March 18, 2019. REUTERS/Erin Scott
(Reuters) - Citigroup Inc’s incoming chief executive officer Jane Fraser said on Tuesday she has decided to form a new global operating team to build accountability among its top leaders.
“A key element of our Transformation work is to hold our business leaders accountable not only for the performance of their own teams, but for how we collectively operate our firm and deliver the outcomes for which we are responsible,” Fraser said in a memo.
Dallas Federal Reserve Bank President Robert Kaplan said Tuesday that while the Fed's massive bond-buying program is creating plenty of liquidity in financial markets, there are no signs of broad market instability at present.