Alibaba's new CEO embraces AI and wants a younger management team
Alibaba Group will embrace artificial intelligence (AI) and promote younger people to senior management, its new CEO says, as the e-commerce and cloud giant tackles its most ambitious restructuring in its history.
2023-09-12 17:57
UPS CEO says new labor deal with Teamsters to cost less than $30 billion - CNBC
United Parcel Service CEO Carol Tome said that its new five-year contract with Teamsters-represented workers in the United
2023-09-12 17:50
China’s Housing Rebound Fades Fast in Big Cities After Stimulus
A spurt of home sales in China’s biggest cities is losing momentum less than two weeks after authorities
2023-09-12 16:55
UK wage growth points to another rate hike but jobless rate rises
By Andy Bruce and David Milliken LONDON (Reuters) -Another record month for British pay growth put the Bank of England
2023-09-12 16:46
Central Banks Set for Higher-for-Longer Era to Fight Inflation
The global economy is shifting toward a higher-for-longer period for interest rates, making the coming flurry of monetary
2023-09-12 16:46
Arm CEO Pitches IPO Investors on Shift to High-Margin Chips
Arm Ltd. Chief Executive Officer Rene Haas, gearing up for the biggest initial public offering of the year,
2023-09-12 16:45
Dubai Apartment Prices Jump Most in a Decade as Home Boom Widens
Dubai apartment values surged by the most in nearly a decade in August, broadening a property rally that’s
2023-09-12 16:29
Hedge Fund Boss Calls Hydrogen Bets ‘Complete Waste of Time’
Hydrogen is a losing bet for investors interested in making money in the foreseeable future, according to Barry
2023-09-12 16:27
Romania Taps International Markets For Funding as Higher Deficit Looms
Romania raised €3.25 billion ($3.5 billion) via a two-tranche Eurobond, tapping international markets for a third time this
2023-09-12 16:20
Sri Lanka Gets Closer to IMF Funds With Local Bond Swap Deal
Sri Lanka accepted almost all of the offers to exchange defaulted local debt for new bonds, putting the
2023-09-12 16:18
Campari CEO Retires After 16 Years, to Be Replaced by Asia Chief
Davide Campari-Milano NV’s said Bob Kunze-Concewitz has decided to retire as chief executive office effective as of April
2023-09-12 16:16
Morocco Quake Deaths Reach 2,800 as Rebuilding Plan Takes Shape
Morocco’s government pledged to help survivors of the earthquake on Friday that killed more than 2,800 people, including
2023-09-12 15:53