Alibaba

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Charlie Munger addressing the Daily Journal annual meeting: “I’m about to die and you aren’t. You don’t want to trade your position for mine.” Photograph: Reuters

There cannot be many nonagenarians who spend their time worrying about cryptocurrencies. But Charlie Munger, the 94-year-old billionaire investor, is(...)

The effort by Ant Financial, the payments affiliate of the internet giant Alibaba, to buy MoneyGram was seen as a test of the Trump administration’s political and regulatory approach to China.

US officials have effectively killed a Chinese company’s $1.2 billion plan to buy MoneyGram, the money transfer company, signaling the Trump administr(...)

“As artificial intelligence outperforms humans in more and more tasks, it will replace humans in more and more jobs.”

Like all good economists, John Maynard Keynes was better at predicting the past than the future. Writing in Economic Possibilities for Our Grandchildr(...)

December has traditionally been the strongest month for stocks and money managers will be eyeing another Santa Claus rally. Photograph: Getty Images/iStockphoto

Never mind the five American FAANGs (Facebook, Amazon, Apple, Netflix and Google) – wherever you look, technology stocks are soaring. Last week, Chine(...)

Ryanair’s traditional nonchalance towards customer outrage was tested to its limit last month following the cancellation of thousands of flights. Photograph: Eric Gaillard/Reuters

Monday October 30th Results: Mondelez. Indicators: Euro zone consumer and business confidence (Oct), service, economic and industrial sentiment (Oct)(...)

Alibaba’s stock is up more than 81 per cent this year. Photograph: Reuters

Alibaba, China’s top e-commerce firm, beat analyst estimates with a 56 per cent rise in first-quarter revenue, driven by strong online sales. Thursda(...)

Tencent’s market valuation is near record highs. Photograph: Reuters

Tencent Holdings posted a quarterly profit that surpassed all estimates as its marquee title Honour of Kings drove a 54 per cent surge in mobile gamin(...)

The current deal cements an alliance between SoftBank, Didi and Grab, which competes against Uber in markets from Malaysia to Thailand. Photograph: Reuters

Grab raised $2 billion from Didi Chuxing and SoftBank Group in the largest ever venture fundraising in Southeast Asia, joining forces with two compani(...)

Apple announced plans in  2015 to build the centre in Galway. The company now says it is entering a partnership with a local internet services company in China to comply with tougher cybersecurity laws introduced last month. Photograph: Niall Carson/PA Wire

Apple has announced that it is to set up its first data centre in China, less than 24 hours after businesses in Galway expressed concern that the comp(...)

Patrick Collison, co-founder and CEO at Stripe. Firm provides software that lets businesses accept payments online, and offers tools to help with data security, fraud prevention, accounting, and billing. Photograph: Albert Gea/Reuters

Stripe unveiled a partnership deal with two of China’s biggest digital payment services, giving the San Francisco-based start-up access to hundreds of(...)

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