Alibaba, China’s biggest e-commerce firm, reported a 61 percent increase in fourth-quarter revenue, beating analyst estimates, driven by stronger than expected growth in its core commerce business. The company also forecast a revenue increase of […]
Trade tensions between the United States and China and the normalization of U.S. interest rates are the top concerns for developing Asia, government officials from across the region told CNBC this week. As U.S. and […]
SAN FRANCISCO – Amazon and Seattle are in a showdown over who should pay for the civic woes that can come from fast growth, high salaries and a housing crunch. The e-commerce giant has paused […]
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