HONG KONG (Reuters) – Ant Group, the fintech arm of Chinese e-commerce giant Alibaba Group Holding (BABA.N), said the process of a dual listing in Hong Kong and the Nasdaq-style Shanghai Star Market has begun, kicking off one of the world’s most anticipated IPOs. FILE PHOTO: The logo of Ant …
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NEW DELHI / BENGALURU (Reuters) – A $ 20 billion wave of fundraising may bring Reliance of India closer to its dream of becoming a digital giant, further threatening the ambitious plans that American companies like Amazon, Walmart and Zoom they have for India. Mukesh Ambani, President and Fire Chief …
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HONG KONG (Reuters) – Hong Kong will impose new stringent social distancing measures since midnight Tuesday, the strictest in the Asian financial center since the coronavirus broke out, as authorities warn that the risk of a large-scale outbreak is extremely high. Passengers wear surgical masks on an MTR train after …
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HONG KONG (Reuters) – As soon as Hong Kong’s new national security law went into effect last week, Ivan Ng removed all protest-themed paintings, posters and flags from the list of items for sale at his print shop. Onestep. FILE PHOTO: Memo documents with protest slogans are seen outside a …
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(Reuters) – Clothing company Lucky Brand Dungarees files for Chapter 11 bankruptcy, it said Friday, becoming the latest retailer to fall victim to the coronavirus pandemic. The firm said it had entered into a “horse stalking asset purchase agreement” with SPARC Group LLC, which owns brands like Aeropostale and Nautica, …
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