𝐏𝐇𝐀𝐍𝐓𝐎𝐌 - 𝐓𝐇𝐄 𝐂𝐔𝐑𝐒𝐄 𝐎𝐅 𝐓𝐇𝐄 𝐊𝐑𝐀𝐅𝐓𝐎𝐍

𝐏𝐇𝐀𝐍𝐓𝐎𝐌 - 𝐓𝐇𝐄 𝐂𝐔𝐑𝐒𝐄 𝐎𝐅 𝐓𝐇𝐄 𝐊𝐑𝐀𝐅𝐓𝐎𝐍 Telegram | DID YOU KNOW?

The messaging service and social-media platform owes creditors roughly $700 million by the end of April, according to people briefed on the company’s plans and loan documents viewed by The Wall Street Journal. At the same time, Telegram Group Inc. must cover rising equipment and bandwidth expenses because of its rapid growth, despite going years without attempting to generate revenue.

Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.

𝐏𝐇𝐀𝐍𝐓𝐎𝐌 - 𝐓𝐇𝐄 𝐂𝐔𝐑𝐒𝐄 𝐎𝐅 𝐓𝐇𝐄 𝐊𝐑𝐀𝐅𝐓𝐎𝐍 from YE