The largest life insurance policy ever issued has gone to an unnamed California billionaire living in Silicon Valley for an incredible $201 million dollars according to the Guinness Book of World Records.
HONG KONG - Chinese e-commerce giant Alibaba Group said Sunday that it will go public on a U.S. stock exchange in a move analysts say might raise up to $15 billion in the year's biggest initial public offering.
SHANGHAI: The Chinese central bank's decision to relax its grip on the yuan has been welcomed as a sign of financial liberalisation, but it is aggravating concerns among foreign executives and investors about their exposure to China in the near term.
The yen, regarded along with gold as a haven investment, climbed against all 16 major currencies tracked by Bloomberg last week. Photographer: Tomohiro Ohsumi/Bloomberg.
... ashram. * Deal expected to close later this year. * Enterprise value is 5.1 billion euros. * Value includes about 0.6 billion euros of debt.