Bloomberg

Alibaba’s 80% Loss May Extend on Competition Worries

Barbara Terrio

(Bloomberg) — Investors looking for an end to the freefall in shares of Chinese e-commerce company Alibaba Group Holding Ltd. ...

Economic Pessimism Hits Record in Pakistan Ahead of Election

Abhinav Thawait

(Bloomberg) — Pakistan’s voters are the most pessimistic about their economy in years ahead of Thursday’s election, according to a ...

China Stocks Post More Wild Swings Despite Beijing Stability Vow

Barbara Terrio

(Bloomberg) — Chinese stocks were caught in another volatile session Monday following last week’s rout, as investors assessed the latest ...

Treasuries Fall on Powell, Chinese Shares Decline: Markets Wrap

Barbara Terrio

(Bloomberg) — Treasuries extended Friday’s selloff after Federal Reserve Chair Jerome Powell said policymakers will likely wait beyond March before ...

China Vows to Stabilize Markets After Rout, Offers No Detail

Barbara Terrio

(Bloomberg) — China pledged to stabilize markets after shares sank to a five-year low in chaotic trading on Friday, but ...

Senegal Delays Vote After Outcry Over Candidate Validation

Abhinav Thawait

(Bloomberg) — Senegal, in an unprecedented move, postponed presidential elections following an outcry against the disqualification of opposition candidates. Most ...

Government to Hold Talks On Giving UK Post Office to Workers

Abhinav Thawait

(Bloomberg) — The government will meet Post Office workers to discuss handing them ownership of the network in a bid ...

Bezos Discloses Plan to Sell Up to 50 Million Amazon Shares as Stock Surges

Barbara Terrio

(Bloomberg) — Jeff Bezos plans to sell as many as 50 million shares of Amazon.com Inc. over the next 12 ...

Stocks Rise on Tech Earnings Lift Before Jobs Data: Markets Wrap

Barbara Terrio

(Bloomberg) — Stocks posted broad gains Friday after robust earnings from technology giants and as investors looked forward to a ...

Nvidia CEO Says Nations Seeking Own AI Systems Will Raise Demand

Barbara Terrio

(Bloomberg) — Nvidia Corp. Chief Executive Officer Jensen Huang said countries around the world aiming to build and run their ...