Alibaba Group Holding Ltd.’s international online shopping unit is exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce brands Lazada and AliExpress.
A resort island off southern China, best known for its balmy weather and sandy beaches, has become the unlikely focus of Europe’s concerns over a booming waste-oil industry.
Chipotle Mexican Grill Inc. Chief Executive Officer Brian Niccol said California’s business environment is slowing the company’s ambitions for growth in the state.
Coinbase Global Inc. posted a narrower loss and a smaller-than-estimated revenue decline, as the biggest US digital-asset trading platform saw first-quarter results stabilize somewhat during a rebound in cryptocurrency prices.
Bharat Masrani waited more than seven years to make a splash with a big US regional bank acquisition for Toronto-Dominion Bank. In a matter of months, it fell apart.
Sales of Apple Inc.’s iPhone rebounded last quarter, helping the world’s most valuable company top earnings estimates and weather an industrywide downturn that has battered much of its product lineup.
Asian equities were set for a weak start Friday after a rout in regional banks rattled Wall Street, with brewing anxiety about the next financial shoe to drop making traders increase their bets on Federal Reserve rate cuts.
Emergency borrowing from the Federal Reserve plunged last week, mostly reflecting the seizure of First Republic Bank, which accounted for a large share of outstanding loans.
Philippines President Ferdinand Marcos Jr. said the US can’t use military bases in his country for “offensive action” against China in the event of a future war over Taiwan, as the Southeast Asian nation continues to balance strengthening American defense ties with increasing pressure from Beijing.
ANZ Group Holdings Ltd.’s first-half profit met analyst expectations as margin pressure offset a move to claw back a larger chunk of the mortgage market.
