Oil prices fell on Monday on renewed caution over the prospects of a trade deal between the United States and China, with investors shrugging off comments over the weekend by U.S. President Donald Trump that talks were going well.
Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for its annual Singles' Day shopping blitz hit 84 billion yuan ($12 billion) within the first hour, up 22% from last year's early haul of 69 billion yuan.
Apple Inc co-founder Steve Wozniak joined in the online debate accusing the algorithm behind the iPhone maker's credit card of discriminating by gender, deepening the scrutiny surrounding the newly launched Apple Card.
Asian shares edged higher on Monday after U.S. President Donald Trump said over the weekend that trade talks with China were moving along "very nicely", though uncertainty remained over whether a deal would be signed this year.
Chinese e-commerce giant Alibaba Group Holding Inc on Monday said sales for its annual Singles' Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year.
Asian shares reversed gains on Monday, the yen ticked higher and gold jumped as fresh violence broke out in Hong Kong, while uncertainty still remained over whether the United States and China could end their damaging trade war.
Bernard J. Tyson, chairman and chief executive officer of not-for-profit health insurer Kaiser Permanente, died unexpectedly in his sleep on Sunday, aged 60, the company said in a statement.
Accumulated waste from China's e-commerce and express delivery sectors stands to more than quadruple by 2025 unless action is taken to rein it in, green groups said on Monday, as an online shopping spree known as Singles' Day broke new sales records.
China's auto industry executives met with government officials over the weekend to discuss ways to promote higher car sales in rural areas, sources familiar with the matter said.
Oil prices fell on Monday amid renewed doubts over the prospects of a trade deal between the United States and China, while concerns over excess supplies also weighed on the market.
High health-care bills are the No. 1 reason that people would consider taking money from retirement accounts or filing for bankruptcy. Medical experts weigh in on what you can do to try to ease the burden.
An ex-Navy fighter pilot built a $15 million seaplane business, thanks to military skills. Today, Tropic Ocean Airways is one of the largest amphibious airlines in the world. Last year it flew 45,000 people in markets from New York to the Philippines.
The European Union's largest states are pushing for the establishment of a new supervisory authority that would take over from states the oversight of money laundering at financial firms, after a series of scandals at the bloc's banks.
Alibaba has extended its investment banking syndicate as it works towards a $10 billion to $15 billion listing in Hong Kong at the end of the month, according to three sources with direct knowledge of the matter.
A Sino-U.S. trade war could ease somewhat but wider conflicts between the world's two largest economies will continue, Lou Jiwei, a former Chinese finance minister, said on Saturday.