Chinese e-commerce giant Alibaba Group Holdings Ltd will now allow small businesses in the United States to sell on Alibaba.com, the company said on Tuesday, an effort to tap into the business-to-business e-commerce market and fend off fierce competition from rivals like Amazon.com Inc .
U.S. stock index futures inched higher on Tuesday lifted by a batch of largely upbeat earnings reports from companies including Coca-Cola and United Technologies, that soothed concerns over the pace of economic growth.
LONDON: The pound dipped toward recent lows on Tuesday (Jun 23), with arch-Brexiteer Boris Johnson set to win the race to become Britain's next prime minister. Johnson, who has vowed to take Britain out of the European Union by the Oct 31 deadline, with or without a deal, is widely...
BEIJING: China on Tuesday (Jul 23) called US sanctions against Chinese companies "illegal", a day after US Secretary of State Mike Pompeo announced he was putting a leading oil importer on a blacklist. Pompeo said Monday that the US was imposing sanctions on Zhuhai Zhenrong and its chief executive...
Apple supplier AMS kept alive the prospect of a counterbid for German lighting group Osram on Tuesday, as the Austrian company predicted demand for its optical sensors would continue to recover in the third quarter.
China's Beijing Automotive Group Co Ltd (BAIC) has bought a 5per cent stake in Daimler, cementing their long-standing alliance after China's Geely emerged as a potential rival by also taking a stake in the German automaker.
A US firm that sells turkey-flavored tofu has taken legal action against a law that prohibits use of the word "meat" to describe its products, amid a political backlash to the growing popularity of meat substitutes.
The biggest shareholders in China's new Nasdaq-style STAR Market lost a combined US$1 billion in the second day of trade on Tuesday, a day after the board's roaring debut created three new billionaires.
SEOUL: South Korea's LG Display Co Ltd said it is looking to diversify its supplier base as it prepares for expanded trading curbs from Japan on some display-making materials which threaten to impact the broader tech industry. Japan recently tightened curbs on exports of three chipmaking materials ...
China's state-owned BAIC has taken a 5 percent stake in Daimler, whose top shareholder for the past year has been rival Chinese carmaker Geely, the luxury German automaker said Tuesday.
