Por: MarketWatch Politics January 30, 2023
Attention was turning to Wednesday’s decision by the Federal Reserve on interest rates. A report Friday showed that U.S. inflation is continuing to cool, raising hopes for a smaller increase that’s less painful than last year’s aggressive hikes. The measure the Fed prefers, which doesn’t count food and energy costs, was 4.4% higher in December than a year earlier. That was down from 4.7% inflation in November. Reports that holiday travel... + full article
MarketWatch USA Business January 30, 2023
Attention was turning to Wednesday’s decision by the Federal Reserve on interest rates. A report Friday showed that U.S. inflation is continuing to cool, raising hopes for a smaller increase that’s less painful than last year’s aggressive hikes. The measure the Fed... + más
Billionaire Alibaba Cofounder Joseph Tsai Selling 8% Stake In Retailer | Forbes
Was China’s Singles Day a Dud? Alibaba and JD.com Decline to Give Numbers. | MarketWatch
Forbes USA Business January 17, 2023
China Last NightKraneShares Key News Asian equity markets were largely lower as Pakistan was off nearly -3.5% following a largely positive day in the region on Monday. Hong Kong was mixed on Monday as internet stocks underperformed while Mainland China had a strong day. As we... + más
Canada GDP Per Capita: A Full Breakdown | Forbes
Forbes USA Business January 10, 2023
Getty Images Key Takeaways We finally have some good news coming out of China after months of uncertainty and volatility due to political issues and COVID-related policies. The Hang Seng index gained 1.84% on its first trading day of 2023 last Tuesday, which was the largest... + más
GennaRose Nethercott’s debut novel ‘Thistlefoot’ has nomadic roots both in Ukraine and in the author’s own life | The Boston Globe
The 'Friday the 13th' series includes 12 horror movies — here's where to watch them all this Halloween season | Business Insider
Forbes USA Business December 16, 2022
Topline Billionaire Alibaba executive vice chairman Joe Tsai plans to sell an 8% stake in the Chinese online retailer he cofounded, according to a recent Securities and Exchange Commission filing, as headwinds coming from Beijing and Washington loom over Alibaba. Joe Tsai at a... + más
Joe Tsai’s Alibaba financially supported China’s ‘cultural genocide’ of Uyghur Muslims: report | New York Daily News
Associated Press USA Tech November 18, 2022
HONG KONG (AP) — Chinese e-commerce company Alibaba Group on Thursday posted net losses and missed market expectations for revenue in its quarter ended September amid a slowing economy and depressed consumer sentiment.The company reported net losses of 20.6 billion yuan ($2.87... + más
Alibaba Earnings Topped Estimates. Why the Stock Is Falling. | MarketWatch
MarketWatch USA Business November 17, 2022
While the figures mark a return to growth for Alibaba after recording flat annual sales for in the second quarter, it is still a historically weak expansion. The company has suffered from Beijing’s zero-Covid policy and last week declined to release sales numbers for the... + más
Alibaba posts loss, slower revenue amid lower consumption | Associated Press
MarketWatch USA Business November 12, 2022
The two companies said only that sales for the annual Singles Day, which ended Friday, were comparable to last year’s. That raised the possibility of relatively weak gains, at least for Alibaba (BABA). For 2021’s event, the company reported $84.5 billion in total value of... + más
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