Saturday, October 29, 2022

Walmart and Ikea continued to bleed in India as losses widen

Ikea India’s net loss went up by 12%, while revenue jumped by 77% in FY22, filings made to the Registrar of Companies and sourced from business intelligence platform Tofler showed.

from Tech-Economic Times https://ift.tt/T45YbNA

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...