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Henry James International Management Inc. lifted its holdings in shares of Trip.com Group Limited (NASDAQ:TCOM – Get Rating) by 29.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,450 shares of the company’s stock after acquiring an additional 4,474 shares during the […] ....
Losing a stalwart backer is usually painful for a company. But in Alibaba's case, the departure of Masayoshi Son may be beneficial. His investment empire SoftBank Group is slashing its stake in the Chinese e-commerce firm to 3.8%, according to the Financial Times, a symbolic end to a 23-year investment. Now, Alibaba boss Daniel Zhang can focus on pitching his remaining shareholders on his radical breakup plan. ....
A majority of Ferrovial shareholders on Thursday approved a plan to move the Spanish construction group's holding company to the Netherlands, paving the way to a listing in the U.S. and potential access to green subsidies there. ....
America's cybersecurity watchdog has no confidence that the cellular network used by American first responders and the military is secure against digital intrusions, U.S. Senator Ron Wyden said in a letter released Wednesday. ....
Shares of Chinese artificial intelligence (AI) company SenseTime surged as much as 11% on Tuesday, a day after it unveiled a series of new AI-powered products as it joins a global race to dominate the sector. ....