Month: August 2022
Alibaba says will work to keep trading in U.S., Hong Kong after being added to SEC delisting risk list
Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Chinese e-commerce giant Alibaba said it will comply with […]
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Chinese companies flock to Switzerland to raise money with new stock listings
Four Chinese companies raised about $1.5 billion in July by issuing shares on the Six Swiss Exchange via a new China stock connect program. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese companies looking to raise cash overseas have turned to Switzerland — and gotten speedy regulatory approval to do so. That’s according to […]
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England Women 2-1 Germany Women (AET): Chloe Kelly’s extra-time goal seals Euro 2022 glory for Lionesses
Chloe Kelly’s extra-time goal saw England beat Germany 2-1 and win Euro 2022 in sensational fashion at a packed-out Wembley Stadium. In front of a record-breaking crowd of 87,192, Kelly’s 110th-minute winner secured England the country’s first major international success since the men’s team won the World Cup in 1966. “This is the proudest day […]
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Wall Street analysts back these ‘safe-haven’ consumer stocks to outperform — even if spending slows
The state of consumer spending in the U.S. is tricky to call right now . On the one hand, inflation is hitting some consumers hard. The University of Michigan Consumer Sentiment Index fell to an all-time low in June, although it slightly improved in July, data on Friday showed. The Bureau of Economic Analysis reported […]
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