Business
Chinese e-commerce giants Alibaba and JD.com reported a total of more than $50 billion in sales on Monday in the first half of Singles Day, an annual marketing event that is the world's busiest online shopping day.
Nov 11, 2019
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Business
Japan's SoftBank Group has prepared a financing plan that would give it control of WeWork as the office sharing startup seeks badly- needed financing, sources told AFP Monday.
Oct 14, 2019
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Business
Hong Kong's "mom and pop" investors had been looking forward to an instant jackpot via Ant Group's record-busting $34 billion IPO. Instead, China's shock suspension of the listing has left them baffled and angry.
Nov 4, 2020
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Business
The most essential item in aircraft engineer Tao Rui's possession during a recent outing in Shanghai was the Alipay smartphone app from Ant Group, a company little known outside China until it unfurled plans for the biggest ...
Oct 27, 2020
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Business
Air Canada said Wednesday it was cutting 1,900 staff because bookings plunged after the government imposed new stricter travel restrictions to slow the spread of COVID-19 illnesses.
Jan 13, 2021
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Business
France and Germany pushed for a "historic" agreement among major economies on a minimum tax rate for multinational corporations Wednesday, hoping to shore up support after sceptical European countries expressed opposition ...
May 27, 2021
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Business
A bill that would force the sale of TikTok from its Chinese owners or see it banned in the United States will move cautiously in the US Senate, key lawmakers said, after it sailed through the House.
Mar 15, 2024
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Business
Wirecard's ex-CEO Markus Braun and two former executives went on trial in Munich on Thursday charged with fraud over their involvement in Germany's biggest-ever accounting scandal.
Dec 8, 2022
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Business
India has slashed the size of an initial public offering by insurance giant LIC but the share issue will still be the country's largest to date, with a targeted windfall of $2.7 billion, regulatory filings showed Wednesday.
Apr 27, 2022
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Business
The EU's powerful antitrust authority opened an in-depth investigation on Tuesday into German airline Lufthansa's proposed stake in Italy's ITA Airways, over fears it could hurt competition.
Jan 23, 2024
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