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Alibaba won’t join Hong Kong’s stock benchmark any time soon

HONG KONG: Alibaba Group Holding Ltd. won’t feature in Hong Kong’s most widely followed stock benchmark unless the index provider significantly overhauls its rules. Stocks...

‘Future is electric’: Porsche seeks to wrest US from Tesla

Porsche’s Klaus Zellmer believes the electric car market is there for the taking. (AP pic) LOS ANGELES: More than half the cars produced by Porsche will...

‘Unstoppable’ demand for chocolate in Indonesia, says candy maker

JAKARTA: Indonesia may have lost its position as the world’s third-biggest cocoa producer because of slumping output, but its large population means the country...

Alibaba’s Hong Kong IPO has launched at US$24 a share – read the CEO’s full letter to interested buyers

“Over the last few years, there have been many encouraging reforms in Hong Kong’s capital market,” Zhang said. Alizila Alibaba finally launched its...

Oil price hurting economy, but Dubai still building too many malls

DHABI: A desert city of gleaming skyscrapers and wealthy foreigners accustomed to packed, air-conditioned shopping malls, Dubai has developed an unexpected problem in recent...

Alibaba gets green light for huge HK listing

HONG KONG: Chinese online retail titan Alibaba has been given the go-ahead to list shares in Hong Kong, reports said Wednesday, in what could...

Alibaba’s Singles’ Day sales hit record US$38b; growth slows

  HANGZHOU, Nov 12 — Chinese retailer Alibaba Group Holding Ltd’s sales for its 24-hour Singles’ Day shopping blitz hit a record US$38.4 billion (RM159...

Report: China to fight back against US tariff move

China said yesterday it strongly opposes Washington’s decision to levy additional tariffs on US$550 billion worth of Chinese goods. — Reuters pic   BEIJING, Aug 25...

Amazon is reportedly listing thousands of unsafe or banned products

© Photo by Natt Garun / The Verge   Amazon is reportedly selling thousands of products that are mislabeled, banned, or declared unsafe by federal agencies,...

Hong Kong protests benefit Thai luxury developers

The sale of properties in Bangkok is soaring as uncertainties in Hong Kong over a month-long protest are driving investors away. BANGKOK: Two months of...

Facebook’s Libra in focus as US group visits Switzerland

Facebook currently is barred from proceeding with Libra before it is properly vetted by lawmakers. (Reuters pic) ZURICH: Facebook Inc’s Libra cryptocurrency will be discussed...

Amazon offers employees US$10,000 to quit, launch delivery business

An Amazon package is seen after being delivered in London, February 29, 2016. — Reuters pic WASHINGTON, May 13 — Amazon announced today it was...
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Cancellation of 2020 CFB Season Would Result in $4 Billion in Losses

Colleges across the country would reportedly see significant financial losses if the 2020 football season has to be canceled because of the coronavirus pandemic. According...

New weekly figures show almost 40 million people lost their job since the pandemic.

Another 2.44 million Americans filed for initial unemployment benefits last week, bringing the total number of people who lost their job so far during...

Asia shares dragged higher by S&P 500, oil and gold jump

NEW YORK (Reuters) - A gauge of global equity markets surged almost 3% on Monday and oil rallied to highs last seen in mid-April...

Celtic crowned Scottish Premiership champions and Hearts relegated as season ended

Premier League clubs will vote on a return to training on Monday after Raheem Sterling, Steve Bruce and Eva Carneiro warned against rushing back...

Netflix Has Officially Renewed The Umbrella Academy For Season 2

Given how the first season of The Umbrella Academy ends with a monumental cliffhanger, it would be criminally unfair for Netflix not to renew...