Alibaba files for Hong Kong listing: source
Chinese e-commerce giant Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing, according to one source familiar with the matter.
Market wire
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Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
France's Le Maire says he will meet Renault chairman on Thursday
French Finance Minister Bruno Le Maire said on Thursday he would meet Renault chairman Jean-Dominique Senard later in the day and reiterated that a merger with...
BMW affirms target to hike sales as China drives May deliveries
German luxury carmaker BMW affirmed its target to increase sales this year after group sales rose by 3.2% in May year-on-year, driven by strong demand from...
Sweden's Saab backs out of Swiss fighter jet test flights
Saab will not test its Gripen fighter jet this month in Switzerland, the Swedish company said on Thursday, after the Swiss defense procurement agency recommended against...
India's Jet Airways plunges as bourse moves to limit speculative trading
Shares of Jet Airways sunk over 23% to a record low on Thursday after India's largest stock exchange said the carrier would soon no longer be...
Is bitcoin growing up? Regulated futures boom as investors seek a safer ride
When bitcoin was born it was a symbol of counterculture, a rebel currency with near-anonymity and a lack of regulation. A decade later, there are growing...
Factbox: Safe havens emerge in China, South Asia as recession risks grow
Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the...
Tesco's UK sales growth slows in latest quarter
Tesco, Britain's biggest retailer, said underlying sales growth slowed in its latest quarter, partly reflecting a tough comparative number in the same period last year.
Huawei files to trademark mobile OS around the world after U.S. ban
China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a U.N. body shows, in a...
Alibaba files for Hong Kong listing: Bloomberg
Alibaba Group Holding Ltd has filed confidentially for a Hong Kong initial public offering, Bloomberg reported on Thursday, citing people familiar with the matter.
Seeking shelter from trade war, fund managers bet on China's consumers
China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks...
Credit Suisse, UBS have boosted capital positions: SNB
Switzerland's biggest banks, UBS and Credit Suisse, have improved their capital positions but must strengthen their crisis planning, the Swiss National Bank said on Thursday, citing...
Cityzenith on Republic
"Cityzenith’s revolutionary 3D Digital Twin platform, Smart World Pro, is pioneering the development and implementation of Digital Twins in Smart Cities around the world in the...
Uber, Bird loses bid for U.S. tariff relief on Chinese-made bikes, scooters
The U.S. Trade Representative's Office rejected Uber Technologies Inc's request for relief from 25% tariffs imposed on Chinese-made electric bicycles, according to a May 29 letter.
White House says it will meet two-year deadline for Huawei ban for contractors
The White House Office of Management and Budget has told the U.S. Congress it will now meet a two-year deadline to ban federal contracts with companies...