(Bloomberg) — Alibaba Group Holding Ltd. has bought a third of Ant Financial, the online financial services giant controlled by billionaire Jack Ma, five years after proposing…… Read more “Alibaba Buys a Third of Jack Ma’s Ant Financial”
Category: Stock Market
China’s Tesla Under Mounting Pressure
Sep.24 — It took Tesla Inc. about 15 years to rack up $5 billion in losses. The company some regarded as China’s Tesla did it in four. And the…… Read more “China’s Tesla Under Mounting Pressure”
Alibaba wins approval to restructure Ant Financial relationship
Maggie Wu, chief financial officer of Alibaba, said following the deal that “we expect to see greater synergy coming from the whole Alibaba economy”. Earlier on Tuesday,…… Read more “Alibaba wins approval to restructure Ant Financial relationship”
UnitedHealth to Offer New Medicare Advantage Plan in Bay Area (Revised)
UnitedHealth's (UNH) new Medicare Advantage Plan to serve Medicare beneficiaries in Bay Area. source https://finance.yahoo.com/news/unitedhealth-offer-medicare-advantage-plan-064006071.html?.tsrc=rss
EU’s judges get extraterritorial
How far should the EU’s court rulings apply outside its borders? In a case that has pitted privacy activists against free speech campaigners, the European Court of…… Read more “EU’s judges get extraterritorial”
Southeast Asian nations weigh unified approach to regulating Big Tech
BANGKOK/JAKARTA (Reuters) – Southeast Asian governments are banding together to take on global tech giants on issues including “fake news” and taxation, marking a new stage in…… Read more “Southeast Asian nations weigh unified approach to regulating Big Tech”
Alibaba Group Receives 33% Equity Interest in Ant Financial
Alibaba Group Holding Limited and Ant Small and Micro Financial Services Group Co., Ltd. today announced that Alibaba Group has received a newly-issued 33% equity interest in…… Read more “Alibaba Group Receives 33% Equity Interest in Ant Financial”
Edited Transcript of CMD earnings conference call or presentation 23-Sep-19 12:30pm GMT
Q4 2019 Cantel Medical Corp Earnings Call source https://finance.yahoo.com/news/edited-transcript-cmd-earnings-conference-061613237.html?.tsrc=rss
Thomas Cook’s Death Is Pure Ernest Hemingway
(Bloomberg Opinion) — In May 2018 Thomas Cook Group Plc’s shares traded as high as 146p, its 2023 bonds yielded a modest 3.5% and analysts were mostly…… Read more “Thomas Cook’s Death Is Pure Ernest Hemingway”
The German Bank That’s Painfully Honest About Profit
(Bloomberg Opinion) — Commerzbank AG, Germany’s second-biggest publicly traded bank, has just unveiled a strategic overhaul that is supposed to secure its future as a standalone company.…… Read more “The German Bank That’s Painfully Honest About Profit”