GLOBAL MARKETS-Stocks and gold cheer U.S. inflation picture, while dollar slides

  • April 13, 2023
  • by
  • Comments Off on GLOBAL MARKETS-Stocks and gold cheer U.S. inflation picture, while dollar slides

Global shares rose on Thursday, while the dollar held near two-month lows after U.S. inflation data suggested the Federal Reserve may soon be finished raising interest rates, which in turn…

Read More

Alibaba keeps Singles Day sales tally under wraps for first time

  • November 12, 2022
  • by
  • Comments Off on Alibaba keeps Singles Day sales tally under wraps for first time

Chinese e-commerce giant Alibaba has not released full sales figures for its annual Singles Day event for the first time ever, as a cooling economy dampened demand. Launched in 2009, Singles Day is the world’s largest shopping festival, dwarfing similar US events such…

Read More
A screen shows the gross merchandise volume, a measure of sales, after 2 seconds of Singles Day sales, as it reaches about 1,437,752,505 USD during the 2018 Tmall 11:11 Global Shopping Festival gala in Shanghai early on November 11,

Alibaba Singles’ Day smashes $25 billion sales record

  • November 12, 2018
  • by
  • Comments Off on Alibaba Singles’ Day smashes $25 billion sales record

SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in…

Read More

Spotlight on Alibaba CEO Zhang as Jack Ma starts retirement countdown

  • September 11, 2018
  • by
  • Comments Off on Spotlight on Alibaba CEO Zhang as Jack Ma starts retirement countdown

BEIJING/SHANGHAI (Reuters) – Unlike his charismatic boss, Jack Ma, Alibaba chief executive, Daniel Zhang isn’t usually one to grab the limelight, let alone make kung fu movies with superstars or dance in…

Read More

Page 1 of 1

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password