Chinese e-commerce giant Alibaba Group Holding Ltd said orders made during its Singles’ Day mega-shopping festival had exceeded…
Category: Global Business News
Qatar Airways welcomes UK court’s judgement in Al Arabiya case
Qatar Airways has welcomed a UK court’s judgement that it has the jurisdiction to decide on…
Ant march halted: What Ma’s frozen IPO says about China business
It was going to be the biggest public share sale ever, the most important international debut…
Regulator agrees to Kenya Power 20pc electricity bill increase
The Energy regulator has approved higher electricity prices in the wake of renewed push by Kenya…
Investors cheer prospect of gridlocked US government
Asian shares climbed on Thursday and bonds extended their blistering rally as investors wagered the likely…
Billionaire Jack Ma is $3bn poorer after Ant IPO put on ice
Jack Ma was poised to become Asia’s richest person with Ant Group Co.’s public offering. Instead…
Listing interrupted: China suspends Ant Group’s $37bn IPO
China suspended Ant Group’s $37bn stock market listing on Tuesday, thwarting the world’s largest IPO with…
Oil prices tumble as lockdowns stoke recession fears
Oil prices fell sharply on Monday as new lockdowns across Europe and record coronavirus cases in the United…
Al Shabaab Sh20bn tax collection revealed in fresh probe
NAIROBI (Reuters) – The Somali insurgent group al Shabaab collects almost as much tax as the government…
Ant Group set to surpass Aramco as biggest-ever IPO
Jack Ma’s Ant Group Co is set to raise about $34.5 billion through initial public offerings…