Alibaba was once a Wall Street darling. What’s next?
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters BEIJING — It’s been a tumultuous 12 …
World economy
Saudi Arabia’s sovereign wealth fund overtakes Singapore’s GIC
Skyline of Riyadh in Saudi Arabia. Simon Dawson | Bloomberg | Getty Images Saudi Arabia’s Public Investment Fund (PIF) was the top spender among global sovereign wealth funds last year, …
Stoxx 600 gains, S&P 500 chases high
LONDON — European stocks are on course for a cautiously higher open to the final session of 2023. The regional Stoxx 600 index is set to have gained more than …
Global stocks search for new highs
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 13, 2023. Staff | Reuters LONDON — European stocks are set for a …
With all eyes on Gaza and Ukraine, analysts fear these conflicts could erupt
Sudanese army soldiers, loyal to army chief Abdel Fattah al-Burhan, sit atop a tank in the Red Sea city of Port Sudan, on April 20, 2023. – | Afp | …
PC market to rebound as consumers refresh devices, seek AI features
Apple Inc. MacBook Pro and Air laptops at the new Apple Inc. store inside the Starfield mall during its opening in Hanam, South Korea, on Saturday, Dec. 9, 2023. SeongJoon …
UK and Switzerland sign post-Brexit financial services deal
The U.K. and Switzerland are deepening the ties between their financial services sectors with a new post-Brexit deal. Sopa Images | Lightrocket | Getty Images LONDON — The U.K. and …
Container prices hit $10,000, freight inflation soars in Red Sea chaos
With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, global logistics managers are faced with a two-front storm of rising …
industrial output at highest in nearly two years
View of Shanghai skyline from a container station. Yaorusheng | Moment | Getty Images China posted its biggest industrial output expansion since February 2022 in November, though retail sales growth …
IEA says oil demand slowdown to persist in 2024 amid oversupply fears
A Petroleos de Venezuela SA oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, on Friday, Nov. 17, 2023. Gaby Oraa | Bloomberg | Getty Images The International Energy …