Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
2023-05-23 19:18
Yelp Soars Most Since August on Report of Activist Call for Sale
Yelp Inc. shares are on track to rise the most since August following a Wall Street Journal report
2023-05-23 17:28
Fed Rate Path Hinges on Trade-Off Between Stable Banks or Prices
Federal Reserve policymakers are increasingly grappling with a critical question: How much should they weigh the adverse impact
2023-05-23 17:15
Toyota Shares Plunge in Final Minute of Tokyo Trading
Toyota Motor Corp. tumbled in the final minute of trading amid a downturn in the broader Japanese stock
2023-05-23 16:54
Greek Politicians Speed-Up the Process to Hold a New Election
Greece’s leading political candidates are accelerating the process to call a new election — the second in about
2023-05-23 16:47
Saudi Energy Minister Tells Oil Speculators to ‘Watch Out’
Saudi Arabia’s top energy official issued another warning to oil short-sellers, just over a week before the OPEC+
2023-05-23 16:27
Qatar Wealth Fund Sets up $275 Million Market-Making Program
The Qatar Investment Authority is setting up a 1 billion-riyal ($275 million) market-making program as the country seeks
2023-05-23 13:50
Adani Ports Recoups All Stock Losses Since Hindenburg Attack
Adani Group’s port unit became the first of its 10 entities to recoup all losses triggered by Hindenburg
2023-05-23 13:49
Bain Targets November for Virgin Australia’s $665 Million IPO
Bain Capital is targeting November to relist Virgin Australia Airlines Pty Ltd. through an initial public offering that
2023-05-23 11:56
Bankers See Asia-Middle East Dual Listings as a Budding Trend
Dual listings between the Middle East and Asia are expected to become a new trend as investment flows
2023-05-23 11:27
Regional Banks Rallied Last Week. Traders Continued to Short the Sector
Short sellers increased bets against regional banks last week even as the sector notched one of its best
2023-05-23 03:00
Greek Assets Surge as Vote Puts Nation on Path to Credit Upgrade
Greek stocks surged and government bonds rallied as strong election support for market-friendly Prime Minister Kyriakos Mitsotakis put
2023-05-22 19:26