Small business owners attend Alibaba’s ‘Build Up’ event in Brooklyn, US. Associated Press
Amazon.com said it would shut its China online store by July 18, as the US e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. The move underscores how entrenched, home-grown e-commerce rivals have made it difficult for Amazon’s marketplace
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 looks to bolster its investment focus
China’s Alibaba Group Holding Ltd on Tuesday said its voice-controlled assistant will feature in local vehicles from Audi AG, Renault SA and Honda Motor Co Ltd, as the tech giant
A record 79.5 million people worldwide, or 1% of humanity, were displaced at the end of 2019 after fleeing wars or persecution, 77% of those have lost a job or revenue since the beginning of the coronavirus pandemic.
Sweden's gross domestic product will shrink around 4.6% this year, the government said on Monday, outlining a budget bill that will pump around 105 billion crowns ($12.0 billion) into the economy to kick-start growth following the pandemic.
Brent crude was down 33 cents, or 0.8%, at $42.82 a barrel by 0645 GMT, while US crude was down 38 cents, or 0.9%, to $40.73 a barrel.
Most Asian markets fell Monday following another disappointing performance on Wall Street with investors growing concerned about an uptick in coronavirus infections in Europe and the United States, as well as the lack of movement in Washington on a new stimulus.