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Alibaba’s U-turn on cloud unit spin-off lops $20 billion off its market value

Barbara Terrio

HONG KONG, Nov 17 (Reuters) – Investors wiped out some $20 billion off Alibaba Group’s (9988.HK) market value on Friday ...

Indian rescuers still 40 metres away from workers trapped in collapsed tunnel

Abhinav Thawait

Police officers stand guard next to a barricade past the entrance of a tunnel where 40 road workers are trapped ...

US labor market loosening as weekly jobless claims hit three-month high

Barbara Terrio

Weekly jobless claims increase 13,000 to 231,000 Continuing claims rise 32,000 to 1.865 million Import prices drop 0.8% in October ...

More Myanmar troops fleeing rebel attacks enter India

Abhinav Thawait

Attacks force 29 more Myanmar soldiers to flee to India Junta orders officials, ex-military to prepare for emergencies Pro-democracy leaders, ...

WeWork shares sink to record low on reports bankruptcy filing imminent

Gregory Daniels

A sign marks a WeWork location in Boston, Massachusetts, U.S., August 14, 2023. REUTERS/Brian Snyder Acquire Licensing Rights Nov 1 ...

Fed keeps rates unchanged, acknowledges economy is ‘strong’

Barbara Terrio

[1/7]Federal Reserve Board Chairman Jerome Powell holds a press conference following a closed two-day meeting of the Federal Open Market ...

Morning Bid: All eyes on Bank of Japan’s 1% yield cap

Barbara Terrio

People walk in front of the bank of Japan building in Tokyo, Japan, April 7, 2023. REUTERS/Androniki Christodoulou/ File photo ...

Police found Maine shooting suspect dead in recycling trailer, still investigating motive

Elaine Hadley

LEWISTON, Maine, Oct 28 (Reuters) – A U.S. Army reservist accused of spraying a bowling alley and bar with gunfire ...

Maine manhunt for Lewiston mass shooter extends to another night

Elaine Hadley

[1/6]Law enforcement personnel surround a house in Bowdoin as they search for the suspect in the mass shootings in Lewiston, ...

US fighter jets strike Syria after attacks by Iran-backed militia

Abhinav Thawait

LATEST DEVELOPMENTS: Poll shows almost half of Israelis want to hold off on Gaza invasion Poll results show concern over ...