Marketmind: Alibaba Fires Up Market Mood
A look at the day ahead in European and global markets from Anshuman Daga Just as investor angst over U.S….
2023
Alibaba’s Breakup Plan Lifts Hopes China’s Tech Crackdown Is Ending
(Reuters) -Shares in Alibaba Group and other leading Chinese tech firms jumped on Wednesday, as investors cheered an unprecedented revamp…
Asian Stocks Rally As Banking Anxiety Eases; Alibaba Surges
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares rose sharply on Wednesday while the dollar was on the defensive as…
JPMorgan’s Jamie Dimon To Be Deposed In Epstein Case, Plaintiffs’ Lawyer Says
(Reuters) -JPMorgan Chase & Co CEO Jamie Dimon will be interviewed under oath in connection with the bank’s relationship with…
Biden Says White House Response To Banking Stress Is ‘not Over Yet’
By Andrea Shalal and Nandita Bose DURHAM, North Carolina (Reuters) -U.S. President Joe Biden said on Tuesday his administration had…
Apple Launches ‘buy Now, Pay Later’ Service In US
By Chavi Mehta and Akash Sriram (Reuters) -Apple Inc on Tuesday launched its “buy now, pay later” (BNPL) service in…
Adidas Says Black Lives Matter Design Violates Three-stripe Trademark
By Blake Brittain (Reuters) – Sneaker giant Adidas AG has asked the U.S. Trademark Office to reject an application for…
Lululemon Sees 2023 Sales, Profit Above Estimates On Strong Demand
(Reuters) -Lululemon Athletica Inc forecast annual sales and profit above Wall Street estimates on Tuesday, betting on strong demand for…
CFTC: U.S. Regulators Needed To Step In Aggressively On Binance
WASHINGTON (Reuters) – Activity at Binance was a pretty clear case of evasion and U.S. authorities needed to step in…
Caesars, MGM And Other Las Vegas Hotels Deny Room-rate Price-fixing Conspiracy
By Mike Scarcella (Reuters) – A group of companies operating prominent hotels on the Las Vegas strip on Monday asked…