Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, two people with direct knowledge of the matter told Reuters.
Japanese companies are unlikely to invest in Saudi Aramco's blockbuster initial public offering (IPO) because it is difficult to evaluate the value of the world's biggest oil company, the head of Japan's largest refiner said on Friday.
Alibaba Group will kick off its annual 24-hour shopping extravaganza on Monday with deals and deep discounts galore, and a performance by American popstar Taylor Swift to top it all, as it pushes to rake in another record Singles' Day sales.
Italian carmaker Fiat Chrysler will be able to "seize great opportunities" from a merger with Peugeot owner PSA , its chairman John Elkann said on Friday.
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, in a deal that could boost the Asian financial hub as it struggles with anti-government protests.
Uncertainty about the fate of the trade negotiations between the United States and China kept markets on their toes on Friday, with European stocks benchmarks mimicking their Asian peers and retreating from the previous session's highs.
British budget airline easyJet has bought failed travel company Thomas Cook's take-off and landing slots at London Gatwick and Bristol airports for 36 million pounds ($46.13 million), it said on Friday.
Hong Kong's Cathay Pacific Airways Ltd said on Friday it would allocate half of its order for 32 Airbus SE A321neos to its recently-acquired low-cost carrier HK Express as it looks to grow in the budget market.
Sudan needs up to $5 billion in budget support to avert economic collapse and launch reforms after the ouster of veteran ruler Omar al-Bashir, its finance minister told Reuters.
Daimler will cut 1,100 leadership positions worldwide, or about 10% of its management, German daily Sueddeutsche Zeitung said on Friday, citing a newsletter circulated by the company's works council.
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, in a deal that could boost the Asian financial hub as it struggles with anti-government protests.
When Hartmut Braune comes to work in security communications at SAP, he never knows what emergency will land in his inbox.
Shares of Gap Inc fell nearly 10% on Friday, as the surprise departure of Chief Executive Officer Art Peck and persistent declining sales, threw the apparel retailer's planned spin-off of its Old Navy brand into question.
Robert Fisher, the son of Gap Inc's founders, took over as interim chief executive officer of the apparel retailer on Thursday, tasked with putting the company on the path to a turnaround and negotiating the planned spin-off of Old Navy.
Chinese retail titan Alibaba plans to list in Hong Kong in the final week of November, two people with direct knowledge said, aiming to raise up to $15 billion in a deal that signals a vote of confidence in the Asian financial hub.