Chinese tech giant Alibaba announces new chairman and CEO succession plan in major shakeup
Joseph Tsai, executive vice chairman and cofounder of Alibaba Group, will succeed Daniel Zhang as chairman, according to an announcement by the Chinese tech giant on Tuesday.
2023-06-20 14:59
French Government Clings to Growth Prediction Despite Headwinds
French Finance Minister Bruno Le Maire said he’s sticking to a forecast of 1% economic growth this year
2023-06-20 14:59
Chinese e-commerce giant Alibaba announces new CEO and chairman in major management reshuffle
China's Alibaba Group has announced that Eddie Wu, chairman of its e-commerce group, will succeed Daniel Zhang as CEO in a major management reshuffle
2023-06-20 13:21
China’s Sluggish Economic Rebound Seeps Into Plastics Market
China’s lackluster economic recovery is weighing on the margins from making some lesser-known oil products needed for plastics
2023-06-20 13:17
Marketmind: Still seeking decisive stimulus in China
A look at the day ahead in European and global markets from Sonali Desai Disappointment has been the prevailing sentiment
2023-06-20 12:57
Alibaba Names New Chairman, CEO in Surprise Succession Plan
Alibaba Group Holding Ltd. announced a new chairman and chief executive, unveiling a surprise plan to replace Daniel
2023-06-20 12:49
Australia's unemployment rate needs to rise to curb inflation - top central banker
SYDNEY Australia's unemployment rate needs to rise to help contain inflation and avoid higher interest rates and a
2023-06-20 12:27
Britain’s Economic Turmoil Is Hitting Women the Hardest
Women are bearing the brunt of Britain’s struggle to stamp out a stubborn dose of inflation, the country’s
2023-06-20 12:23
Chinese Premier Tells German CEOs to Take Lead on ‘De-risking’
Chinese Premier Li Qiang called for “de-risking” decisions to be taken by companies rather than governments during a
2023-06-20 11:58
Thai Firm Cites Russia-Ukraine War to Exit €560 Million Deal
Stark Corp. Pcl, a Thai maker of electrical components engulfed in an accounting scandal, has cited the Russia-Ukraine
2023-06-20 11:57
Hong Kong Dollar One-Month Rate Climbs to Highest Since 2007
The cost for banks to borrow Hong Kong dollars from each other for a month rose to the
2023-06-20 11:54
China’s CATL Leads $1.4 Billion Lithium Investment in Bolivia
A Chinese consortium led by Contemporary Amperex Technology Co. plans to spend $1.4 billion to build lithium extraction
2023-06-20 11:52