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HANGZHOU: Chinese e-commerce giant Alibaba Group Holding Inc on Monday said sales for its annual Singles' Day shopping blitz hit 158.31 billion yuan (US$22.63bil) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year.
DUBAI: Saudi state oil giant Aramco will sell 0.5% of its shares to individual retail investors and the government will have a lockup period of a year on further share sales after the initial public offering (IPO), according to its prospectus on Saturday.
WASHINGTON :President Donald Trump said on Friday that he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world's two largest economies may end a 16-month trade war that has slowed global growth
RIDAYH: It’s the day so many ordinary Saudis have eagerly awaited.
LONDON: Britain will hold its first December election in almost a century after Prime Minister Boris Johnson won approval from parliament on Tuesday for an early ballot aimed at breaking the Brexit deadlock.
IN Mexico’s burgeoning startup scene, publicity is the last thing many entrepreneurs want.
Growing up in a world that worships technology and knowledge, we have now entered a phase when we no longer are able to trust what information we receive is fake news or not. Worse, we don’t know whether the provider of the information is trustworthy or not.
NEW YORK: The S&P 500 and the Nasdaq rose on Thursday following strong quarterly reports from several technology companies, including Microsoft Corp, but dour results from 3M Co stymied the Dow Jones Industrial Average.
KUALA LUMPUR: The Malaysia-India palm oil issue has taken a new twist. Amidst the call by an Indian trade association for importers to shun palm oil from Malaysia, a political body in South India has urged Prime Minister Narendra Modi government not to reduce palm oil imports from Malaysia.