Alibaba will buy 33% of ant financial
02 February 2018 | 9:43 am
Alibaba will buy 33 percent of Ant Financial, making it the first time the company will hold a stake in the owner of Alipay since founder Jack Ma controversially spun out the business in 2011.
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6 Dec 2020
Swiss voters have narrowly rejected stricter ethical rules for many global firms based in the Alpine republic. A separate poll calling on banks and pension funds to stop funding arms makers was also defeated.
7 Dec 2020
Political newcomers have it tough in a country where long-established families dominate the polls. The top presidential candidates in the December 7 election are all offspring of Ghana's independence-era "Big Six."
8 Jan 2021
African free trade bloc opens for business, but challenges remain. ... Backers say it will boost trade among African neighbours while allowing the continent to develop its own value chains. The World Bank estimates it could lift tens of millions out of poverty by 2035.
13 Jan 2021
With Qataris streaming into Saudi Arabia following the border re-opening, business owners in the al-Ahsa area say they are hopeful to see the economy boom again after "suffering economically" from the feud between Riyadh and Doha. Saudi Arabia shut its side of Qatar's only land border in June 2017 as part of a package of sanctions it said was a response to Doha's backing of radical Islamist groups and closeness to Iran. Qatar has always denied the charges.
22 Jan 2021
Billionaire Jack Ma had not been seen in public since he slammed China's financial regulatory system in a speech at a Shanghai forum in October.
12 Feb 2021
Disney's shares have rallied after the company reported better than expected results for its latest quarter. Sales came in at €16.2 billion, down 22 percent from the previous year, amid a continuing hit from the pandemic. But its streaming business Disney+ is continuing to grow as people stay home for longer, offsetting losses made at its theme parks that have suffered months of shutdown. Plus, as dining out is not an option for many couples this Valentine's Day, a handful of hotels in Brussels are offering quality time and fancy dinners for two – in guest rooms.
19 Feb 2021
Newly appointed World Trade Organization (WTO) director-general Ngozi Okonjo-Iweala said on Monday she doesn't want to see "business as usual" as she will need to broker international trade talks in the face of U.S.-China conflict, respond to pressure to reform trade rules and counter protectionism heightened by the COVID-19 pandemic
20 Feb 2021
This young Kenyan entrepreneur isn't sitting on a fortune. But that hasn't stopped her from starting her own business. Nowadays, she is successfully selling Hijabs.
5 Apr 2021
Wigs made from human hair have become more popular in Cameroon in recent years. Stores are fully stocked with wigs in all different colors and styles. Suppliers import the hair mainly from India, Europe, and Middle East.
19 Apr 2021
Offering a shared pot of €3.5 billion to start with, the newly-proposed football competition known as the European Super League would divvy up revenue among a smaller group of elite clubs. We tell you more. Also, we take a look at the French government's plan to aid farmers reeling from this month's cold spell.
31 May 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
1 hour ago
South African-American businessman Patrick Soon-Shiong was joined by President Cyril Ramaphosa on Wednesday to open a vaccine facility aimed at tackling a dearth of manufacturing capacity on the African continent
1 hour ago
After the violent unrest of early January, calm has returned to Kazakhstan. Many people, however, have complained of excesses during the state of emergency — including illegal arrests and searches.
1 hour ago
The Taliban representatives are discussing humanitarian aid in Oslo, their first official talks in Europe since they seized power. Their arrival prompted protests.
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This week on The Observers, we investigated an incident in Nia Ouro, Mali on January 4. Residents claimed that men dressed in Malian military uniforms killed four civilians and reduced buildings in the village to ashes. We spoke to an eyewitness, analysed videos taken after the event and cross-referenced satellite imagery to put together the days events.
1 day ago
London police chief Cressida Dick has said officers will investigate a spate of parties held at Prime Minister Boris Johnson's residence and office during COVID-19 lockdowns
1 day ago
The British prime minister is facing fresh accusations of hosting parties during lockdown in June 2020. About 30 people are said to have attended a birthday celebration, when gatherings were not allowed.