Alibaba puts CFO in charge of investment in major management reshuffle
China’s Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as the e-commerce firm...
Asia stocks edge up cautiously as Fed jitters build, Europe seen lower
Most Asian stock markets rose on Tuesday but gains were capped by investor caution ahead of a U.S. Federal Reserve policy decision, while crude oil...
Renault-Nissan alliance remains priority for French finance minister
Renault’s alliance with Japanese partner Nissan remains French Finance Minister Bruno Le Maire’s priority ahead of any further consolidation with the likes of Fiat-Chrysler, he...
Syria says it does not want to fight with Turkey
Syria does not want to see fighting with Turkey, its foreign minister said on Tuesday, after Turkey said one of its posts in Syria’s Idlib...
U.S. to send more troops to the Middle East
Acting U.S. Defense Secretary Patrick Shanahan announced on Monday the deployment of about 1,000 more troops to the Middle East for what he said were...
Turkey orders arrest of 128 military personnel over suspected Gulen links: Anadolu
Turkey has ordered the arrest of 128 military personnel over suspected links to the network accused by Ankara of orchestrating an attempted coup in 2016,...
Roche wins Japan approval for personalized cancer drug Rozlytrek
Swiss drugmaker Roche on Tuesday won approval in Japan for Rozlytrek as the world’s biggest maker of cancer drugs pushes ahead in personalized medicines that...
Uber to retain Careem brand for now: Careem CFO
Uber and Middle East ride-hailing business Careem will remain separate entities until at least the first quarter of 2020, when Uber’s acquisition is expected to...
Oil group Total hopes new supercomputer will help it find oil faster and more cheaply
Energy major Total said its new supercomputer – which has propelled it to a world ranking as the most powerful computer in the sector –...
Air Lease signs long-term lease placements for four Airbus jets
Air Lease Corporation said on Tuesday it had signed long-term lease placements for two new Airbus A320neo and two Airbus A321neo LR aircraft with Japan’s...
