Alibaba reshuffles management; CFO Wu to oversee strategic investment unit
China’s Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm’s strategic acquisitions and investments unit, as part...
Asia stocks cautious before Fed, oil on defensive
Investor caution ahead of the Federal Reserve’s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed...
Asia stocks capped ahead of Fed, oil on defensive
Investor caution ahead of the Federal Reserve’s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed...
U.S. settles antitrust charges with Fox, CBS, Scripps, Cox, Tegna
The U.S. Justice Department said on Monday it had settled antitrust charges with CBS Corp, Cox Enterprises Inc, E.W. Scripps Co, Fox Corp and Tegna...
Bah humbug! Trump’s plan for more China tariffs to hit festive shoppers
This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese imports –...
Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue
China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s founder and CEO Ren Zhengfei said, and slashed revenue...
U.S. firms say China tariffs will raise costs, see few sourcing alternatives
A wide range of U.S. companies told a hearing in Washington on Monday that they have few alternatives other than China for producing clothing, electronics...
Insurance costs rocket for U.S. IPOs as twitchy investors take to courts
Companies going public in the United States face insurance costs that have increased as much as 200% in the last three years to cover their...
Global stocks, yields dip with Fed meeting on tap
A gauge of global stock markets dipped slightly on Monday after a mostly strong month and benchmark U.S. bond yields edged lower as investors awaited...
S&P 500 ends up slightly as Fed meeting in view
The S&P 500 edged higher on Monday as investors awaited a Federal Reserve meeting that is expected to lay the groundwork for an interest rate...