US To Send $550 Mln In Arms To Bolster Ukraine’s Defense

The United States announced an additional $550 million security assistance package to bolster Ukraine’s arms and ammunition in the fight against Russian invasion. “Pursuant to a delegation of authority from the President, I am authorizing our seventeenth drawdown since August 2021 of up to USD 550 million in arms and […]

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Alibaba Q1 Profit Halves

Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday net income for the first quarter halved from last year, hurt by a 1 decline in revenues and a decrease in the market prices of its equity investments in publicly-traded companies. “During the past quarter, we actively adapted to changes […]

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