Prosus Sees E-Commerce Business Profit Sooner-Than-Expected
Prosus NV and majority owner Naspers Ltd. expect its e-commerce business to become profitable sooner-than-expected. The business, comprising
2023-11-29 16:29
Saudi Arabia to Buy 10% Stake in Heathrow in Ownership Reshuffle
Saudi Arabia’s Public Investment Fund will buy a 10% stake in London Heathrow Airport as part of a
2023-11-29 15:55
China EV Maker Nio Signs Battery-Swapping Deal With Geely
Electric-vehicle maker Nio Inc. signed its second battery-swapping partnership in less than two weeks on Wednesday, this time
2023-11-29 14:16
Toyota Posts Record October Sales, Output on US Demand
Toyota Motor Corp. posted record October global sales and production on strong demand for its cars in North
2023-11-29 14:15
Jack Ma Urges Alibaba to ‘Correct Course’ in Rare Internal Memo
Jack Ma urged Alibaba Group Holding Ltd. to correct course in a surprise internal memo, in which the
2023-11-29 13:49
Hong Kong Billionaire Cheng Family’s Succession Under Spotlight
For years, Adrian Cheng had all the trappings of a third-generation scion preparing to lead one of Hong
2023-11-29 12:15
Hit App Temu Weighs Super Bowl Return as Shein Rivalry Heats Up
Temu, the bargains shopping app that in just over a year has overtaken Shein in the US, is
2023-11-29 09:53
A Master of One-Liners: Munger on Politics, Life and Crypto
The thing many Berkshire Hathaway Inc. investors may have enjoyed almost as much as the 3,800,000% return Charlie
2023-11-29 09:49
PDD Surges 18% After Hit App Temu Wrests Shoppers From Shein
PDD Holdings Inc. surged 18% after reporting a stronger-than-anticipated doubling in revenue, as hit shopping app Temu ramped
2023-11-29 08:16
Adelson Family to Buy Sports Team With $2 Billion Share Sale
Miriam Adelson, the widow of casino magnate Sheldon Adelson, is selling $2 billion of stock in Las Vegas
2023-11-29 05:56
Shein’s IPO Plan to Fuel Scrutiny Over Cotton, Roots in China
Fast-fashion retailer Shein has a lot of work to do to convince skeptics that the runway is clear
2023-11-29 05:54
Amazon’s Deal for iRobot Gets Complicated by Antitrust Concerns
Traders are on edge about the outcome of Amazon.com Inc.’s proposed takeover of iRobot Corp. after a competition
2023-11-29 05:19