Wednesday, 10th August 2022
<To guardian.ng
Search

Alibaba and Tencent bid for comeback after $140 Billion wipeout

By Bloomberg
14 August 2019   |   10:56 am
China’s two largest companies have lost a combined $140 billion in market value since the escalation of the trade war in May. As Alibaba Group Holding Ltd. and Tencent Holdings Ltd. report earnings this week back-to-back, they’ll try to show the punishment is overdone. Bloomberg's Selina Wang tells you what to watch out for when both of the companies report earnings.

Related

7 Feb 2021
Are you yearning for frogs today? Then this is the place to go: Nigeria's Bunza Frog Market is the biggest selling spot in West Africa.
15 Feb 2021
Governors Makinde, Akeredolu visit Shasha Market, sue for peace
1 Mar 2021
Benin fire: Section of Oregbeni market road, goods worth millions of Naira destroyed
25 Mar 2021
The National Leader of the All Progressives Congress (APC), Senator Bola Ahmed Tinubu, has donated N50 million to the victims of the Katsina Central Market fire incident and called for the reopening of the market to enable traders to resume commercial activities.
1 Apr 2021
A total of N30 million naira has been donated by the Nigeria Governors' forum, to the victims of Katsina Central market.
13 Apr 2021
The World Health Organization has recommended halting sales of live wild animals to avoid transmitting diseases. Australia will not buy J&J vaccine. England starts Moderna rollout. Follow DW for the latest.
24 Apr 2021
Smoke billows at the scene of an explosion at a marketplace in Baghdad's densely populated majority-Shiite Sadr City. The army reported one civilian killed and 12 injured. They did not say who or what caused it.
27 Apr 2021
It's one of the world's last closed markets for mobile phones, but now Ethiopia finally looks set to open up its telecoms market to competition.
30 Apr 2021
German teenagers say the coronavirus pandemic has made it difficult to start their professional lives, according to a new survey. Young people seeking vocational training are among those impacted.
7 May 2021
Bayelsa state governor, Douye Diri, has banned erecting illegal market structures and street trading in Yenagoa, the state capital.
14 Jun 2021
Dozens of firefighters battle to contain a blaze that ignited in a fabric shop in the Indian capital Delhi. The fire spread quickly to neighbouring stores in a busy shopping district, according to local news media. There are no reports of casualties.
20 Jun 2021
Pyramids, Tutankhamun masks, Nefertiti busts -- Egypt's souvenir craftspeople are pinning their hopes on a new lease of life, after tourism was battered by the coronavirus pandemic. Anticipating a surge in tourists, the government is investing millions in local replica production to boost revenue.