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GLOBAL MARKETS-Asian stocks rally as bank jitters calm, Alibaba lifts mood

Asian shares surged on Wednesday as easing concerns over the banking sector revived risk appetite, while Alibaba's plans to split into six units lifted Chinese tech stocks.

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Exclusive-Investor Warburg cuts Ant valuation by 15% to below $200 billion - source

Warburg Pincus, a major global investor in Ant Group, has cut its valuation of the Chinese fintech company by 15% to below $200 billion due to risks from a restructuring at the Hangzhou-based firm, a source with direct knowledge of the matter said.

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Tech giants drag Hong Kong shares lower

Hong Kong shares finished down on Monday as tech giants weighed, with Meituan dragging down the benchmark index ahead of its earnings later this week.

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Poland's Allegro buys Czech online retailer Mall for $1 billion

Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros ($1.02 billion) to create a regional platform in what would be its first significant international deal.

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UPDATE 2-Casino sales back to growth in Q3, partners with Gorillas

* Deal with Gorillas follows ones with Ocado, Amazon (Adds CFO comments from call, details on Gorillas deal)

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SIMs to leaflets: Sudanese find ways to skirt net outage

Phones are dodgy, mobiles are dead and the internet is frozen.

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Casino sales back to growth in Q3, partners with Gorillas

Retailer Casino said on Thursday that sales momentum gradually improved in the third quarter, as easing COVID-19 restrictions helped its performance in France and sales growth in Brazil, the group's second-largest market, remained robust.

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Hong Kong shares hit four-week high as tech giants rally

Hong Kong shares rose to end at a nearly four-week closing high as Alibaba and Meituan rallied, with investors rushing to buy on bets that crackdowns against tech giants are nearing an end.

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China proposes guidelines on internet platform responsibilities

China's market regulator on Friday proposed a long list of responsibilities it said it wanted the country's internet platforms to uphold, in the latest effort by Beijing to establish an oversight framework for its technology sector.

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GameStop chief operating officer Owens leaves after 7 months

GameStop Corp, the company whose stock became a sensation with day traders this year, said on Friday that Jenna Owens agreed to leave, just seven months after joining the video game retailer as its chief operating officer.

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