Exclusive: Boon for Hong Kong as Alibaba’s eyes $15 billion late November listing – sources
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November,...
U.S.-China trade war keeps markets on their toes
Uncertainty about the fate of the trade negotiations between the United States and China kept markets on their toes on Friday, with European stocks benchmarks...
GE unit orders 25 Airbus jets including 12 Rolls-powered A330neo: sources
Leasing giant GECAS, the aircraft leasing subsidiary of General Electric , has ordered 25 Airbus aircraft including a rare purchase of jets powered by GE’s...
Japanese companies likely to spurn Saudi Aramco IPO: JXTG president
Japanese companies are unlikely to invest in Saudi Aramco’s blockbuster initial public offering (IPO) because it is difficult to evaluate the value of the world’s...
With discounts galore and Taylor Swift, Alibaba eyes another record Singles’ Day
Alibaba Group will kick off its annual 24-hour shopping extravaganza on Monday with deals and deep discounts galore, and a performance by American popstar Taylor...
Exclusive: Alibaba planning launch of $15 billion HK listing for last week of November – sources
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November,...
New PSA-Fiat Chrysler management to try to improve cost savings: PSA CEO
The value of the cost savings announced in the planned merger between Peugeot owner PSA and Fiat Chrysler is nominal, and its management will try...
Billionaires’ wealth falls for the first time in a decade
The world’s richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical turmoil and volatile...
Asian shares eases from six-month highs on U.S.-China trade uncertainty
Asian stocks retreated from six-month highs on Friday on uncertainty over whether and when the United States and China will seal a deal marking a...
Volkswagen’s Shanghai EV plant with SAIC has started trial production: VW CEO
Trial production has started at Volkswagen AG’s (VW) and SAIC Motor Corp Ltd’s $2.5 billion electric vehicle (EV) factory in Shanghai, VW’s chief executive said...