The size of the text Getty Images by Charlie Tribune / AFP A sharp drop in shares of Alibaba Group on Thursday came on the heels of news that China is investigating e-commerce giant on issues of antitrust, whose shares have risen. Softbank Group, Japan-based holding company that is Alibaba’s …
Read More »Asian markets are mostly higher, but stocks in China are falling amid Alibaba anti-trust checks.
Asian stocks were mostly higher on Thursday after mixed gains on Wall Street following mixed economics reports. Benchmarks rose in Tokyo, Hong Kong and Sydney. China’s market regulator says it has launched an anti-monopoly probe into e-commerce giant Alibaba Group 9988, after shares in Shanghai fell. -8.13% Baba, + 0.14%, …
Read More »Apple’s China app store shades videogames as Beijing tightens Internet control
Apple Pal Inc. China is booting thousands of videogame applications from its platform as the government tightens its grip on such content, highlighting the state-of-the-art technology company’s weakness on its business. The iPhone maker warned Chinese developers earlier this month that, according to a memo seen by the Wall Street …
Read More »U.S.A. claims Wal-Mart, fueled by opioid crisis
WASHINGTON Trump The Trump administration on Tuesday fired Mart Mart Inc. Claimed on. The Justice Department claims that Walmart seeks to increase profits by reducing its pharmacies and forcing employees to fill prescriptions faster. This makes it difficult for pharmacists to reject invalid prescriptions, enabling widespread drug abuse across the …
Read More »Google agrees to team up against Facebook’s potential anti-trust action, says draft law suite
WAS SHINGTON: Facebook Inc. And Alphabet Inc. No Google agreed to “cooperate and help each other if they face an investigation into their agreement to work together to advertise”, according to an indefinite version of the lawsuits filed against 10 states by Google last week. According to the claim, documents …
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