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Alibaba’s Ant plans Hong Kong listing, sources say
The target valuation is over US$200bil
Alibaba's Ant plans Hong Kong IPO, targets valuation over US$200b, sources say
HONG KONG: Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as this year and targets a valuation of more than US$200 billion, said two sources with knowledge of the matter.
Johnson vows ‘new deal’ to rebuild post-virus UK
US$6.2bil infrastructure development to be accelerated
Be the bull in a bear market – stop procrastination
TIME flies by quickly when you’re going about your daily grind. We’re almost well into the third quarter of 2020 – have you made headway in any of this year’s financial priorities and goals?
Four years after the referendum, Brexit still haunts UK stocks
LONDON: UK equities have underperformed every year since the 2016 referendum, and have been a consensus underweight among money managers. Just as the long-shunned market was starting to recover from years of political instability and uncertainty over ties with the European Union (EU), the coronavirus pandemic has left the country facing its worst recession in 300 years.
Colgate reviewing Chinese toothpaste brand Darlie amid debate on racial inequality
LONDON: Colgate-Palmolive on Thursday said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassessments amid a U.S. debate on racial inequality
Lloyd’s of London to pay for its ‘shameful’ sins in Atlantic slave trade
LONDON: The Lloyd’s of London insurance market has apologised for its “shameful” role in the 18th and 19th Century Atlantic slave trade and has agreed to fund charities and organisations promoting opportunities for black and ethnic minority groups.
Richest soccer league is back and on more screens than ever
LONDON: England’s Premier League, the world’s wealthiest soccer competition, returns today and organisers are trying everything to claw back viewers and mend the damage from coronavirus
Covid-19 casts doubt on FGV’s transformation
One of its key shareholders KPF reduces stake
