[ad_1] LONDON: Britain and the European Union were on the verge of reaching a close trade deal on Thursday (December 24), stepping away from a chaotic end to the Brexit split that has dealt a blow to the 70-year attempt to forge unity. European from the ruins of WWII. While …
Read More »China launches investigation into Alibaba on suspicion of monopoly behavior
[ad_1] BEIJING: China has launched an investigation into Alibaba Group on suspicion of monopolistic behavior and will convene its Ant Group to meet in the coming days, regulators said on Thursday (Dec. 24), in the latest blow to the country’s fintech and e-commerce empire. Jack Ma. The measures follow China’s …
Read More »China Targets Jack Ma’s Alibaba Empire In Monopoly Investigation, Companies & Markets News & Top Stories
[ad_1] BEIJING (BLOOMBERG) – China launched an investigation into alleged monopolistic practices at Alibaba Group Holding and convened affiliate Ant Group for a high-level meeting on financial regulations, intensifying scrutiny on the twin pillars of billionaire Jack Ma’s internet empire. . The State Administration for Market Regulation is investigating Alibaba, …
Read More »Marina Bay Sands Paid a Price for Wooing China’s ‘Whales’, Featured Business and Market News and Stories
[ad_1] SINGAPORE (BLOOMBERG) – When Chinese businessman Wang Xi first played at Sheldon Adelson’s Marina Bay Sands Casino in Singapore, he hit the jackpot, winning $ 3.7 million (S $ 4.9 million). After more victories on subsequent trips, his luck turned sour and he racked up millions in losses. After …
Read More »How the early success of COVID-19 in South Korea left it struggling to contain a new wave
[ad_1] INCHEON: On the fourth floor of Incheon City Hall, the office of South Korean epidemiological investigator Jang Hanaram is packed with six desks, two folding cots, and a table full of instant noodles, energy drinks and digestive aids. Jang is one of six employees working 24-hour shifts in the …
Read More »China targets Jack Ma’s Alibaba empire in monopoly probe
[ad_1] The headquarters of Alibaba Group Holding Ltd. in Hangzhou, China. Photographer: Qilai Shen / Bloomberg Photographer: Qilai Shen / Bloomberg China launched an investigation into alleged monopolistic practices in Alibaba Group Holding Ltd. and affiliate Ant Group Co. convened a high-level meeting on financial regulations, intensifying scrutiny on the …
Read More »The EU rejects the UK’s fish offer, but the door remains open for a deal
[ad_1] BRUSSELS: The EU has rejected the UK’s latest offer on fishing, but is ready to seek a post-Brexit trade deal even beyond the end of the year, diplomats said on Tuesday (December 22). According to sources at a meeting of ambassadors, EU negotiator Michel Barnier said he could not …
Read More »WHO investigates COVID-19 outbreak in Wuhan ‘not about finding a guilty country’
[ad_1] GENEVA: The international mission of the World Health Organization (WHO) to China to investigate the origins of COVID-19 will explore all avenues and does not seek to find “guilty” parties, a team member told AFP. The researchers will head to China in January and to Wuhan, where the first …
Read More »British supermodel Stella Tennant dies suddenly at 50, Europe News & Top Stories
[ad_1] LONDON (REUTERS) – Stella Tennant, one of Britain’s best models, has died at the age of 50, British media reported on Wednesday (December 23). Tennant was born into the Scottish aristocracy. Her unconventional and androgynous appearance helped her break into the world of fashion in the 1990s. She became …
Read More »WHO Europe calls meeting on new coronavirus variant, says regional chief
[ad_1] GENEVA: World Health Organization (WHO) Regional Office for Europe It will call a meeting of members to discuss strategies to counter a new, more infectious strain of coronavirus that has emerged in Britain, its European boss said on Tuesday (December 22). He did not give a date for the …
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