Alibaba Group Chairman Daniel Zhang said Hong Kong’s “future is bright” as the ecommerce giant kicked off the retail campaign for its secondary listing in the city gripped by increasingly violent protests and recession.
Retail sales figures for October will take centerstage Friday. …read more […]
(Bloomberg) — Chinese President Xi Jinping called an end to violence Hong Kong’s “most urgent task,” as an attack on the city’s justice minister and the second protest-related death in a week heightened tensions in the paralyzed financial center.The rare comments by Xi during a visit to Brazil on Thursday came as the U.S. Senate moved to expedite passage of legislation that would support Hong Kong’s pro-democracy protesters. Earlier, a 70-year-old government contract worker who was struck during a brick-hurling fight between protesters and their opponents died of his injuries.The protests, which have raged for more than five months, flared …read more […]
The United States is getting close to a trade agreement with China, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive discussions with Beijing.
Alibaba Group Chairman Daniel Zhang said Hong Kong’s “future is bright” as the company presses on with its secondary listing in the city gripped by increasingly violent protests and recession.
Four thousand people have been arrested in Hong Kong since June and the territory’s economy has sunk into recession for the first time in a decade as the anti-government demonstrations disrupt business and deter tourists. Alibaba is hoping to raise up to $13.4 billion in its Hong Kong listing and the shares are due to start trading on Nov. 26. …read more […]
Alibaba Group Chairman Daniel Zhang said Hong Kong’s “future is bright” as the company presses on with its secondary listing in the city gripped by increasingly violent protests and recession. Four thousand people have been arrested in Hong Kong since June and the territory’s economy has sunk into recession for the first time in a decade as the anti-government demonstrations disrupt business and deter tourists. Alibaba is hoping to raise up to $13.4 billion in its Hong Kong listing and the shares are due to start trading on Nov. 26. …read more […]
Baupost manager reports quarterly portfolio Continue reading… …read more […]
Activist investor Carl Icahn will not have access to Occidental Petroleum Corp’s Anadarko takeover records to support his proxy fight against the oil firm’s board, a Delaware court judge ruled on Thursday.
Nvidia Corp on Thursday joined rival Intel Corp to predict strong demand for chips used in data centers after its third-quarter revenue and profit beat market expectations.
Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll.
Activist investor Carl Icahn has taken a stake in HP Inc and is pushing for the personal computer maker’s merger with printer maker Xerox Corp, arguing that a union could yield big profits for investors, according to the Wall Street Journal.
Amazon.com Inc will protest the Pentagon’s decision to award a $10 billion cloud computing contract to Microsoft Corp , the Wall Street Journal reported (https://on.wsj.com/2CLjsdK) on Thursday, citing a statement.
Amazon.com Inc will protest the Pentagon’s decision to award a $10 billion cloud computing contract to Microsoft Corp, the Wall Street Journal reported (https://on.wsj.com/2CLjsdK) on Thursday, citing a statement. Amazon did not immediately respond to a Reuters request for comment. A challenge to the Defense Department’s award announced last month was widely expected by legal experts, analysts and consultants, especially after President Donald Trump publicly derided Amazon’s bid for the high-stakes contract. …read more […]
Montana lawmakers representing Native American tribal members called on the state’s congressional delegation and the U.S. State Department on Thursday to extend the public comment period for the environmental review of the Keystone XL pipeline, saying tribes were not properly consulted.
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