China's Alibaba to break up business empire into six units, IPOs expected
Alibaba Group plans to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major revamp as China
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Alibaba Group plans to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major revamp as China
European banking stocks fell sharply on Friday, with Deutsche Bank and UBS knocked by worries that actions by regulators and central banks have not yet contained the worst problems...
German chancellor Olaf Scholz has issued assurances that Deutsche is not the next Credit Suisse in a clear indication there are major concerns it could well be.
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * First Citizens to buy SVB assets; shares jump * Regional, large... | 07:33am
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * First Citizens to buy SVB assets; shares jump * Regional,... | 08:40am