Why Jack Ma’s Ant Financial is buying MoneyGram

Ant Financial, the financial technology company controlled by billionaire Jack Ma, stepped up its international expansion by buying U.S. money-transfer service MoneyGram International Inc.

The latest Bloomberg National Poll finds Americans confident about the state of the U.S. economy, in spite of President Donald Trump, who saw his approval rating decline to a new low of 40 percent.

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.

Alibaba founder Jack Ma said on Monday (April 9) that he believes there is no impending "problem" of trade deficit between the U.S. and China.

Bloomberg: 2019 a look ahead special.

Every year hundreds of workers who file sex-discrimination grievances in U.K. courts settle their cases in return for money and silence. Major banks such as Barclays, HSBC and JPMorgan Chase are just some of the multinational corporations that have been sued. Bloomberg's Jonathan Browning discusses the story with Naomi Kerbel.

Democrat presidential hopeful Mike Bloomberg has had 70 Twitter accounts linked to his supporters suspended for spam-like posts. On Saturday, Nevada goes to the polls, with all eyes on front-runner Bernie Sanders.

Who will take on Trump at the 2020 election? At 78 years old, Michael Bloomberg has hit the campaign trail. As a Democrat, Bloomberg has positioned himself as a moderate. He has campaigned against guns and promised to tackle climate change, one of the key issues in his campaign. In October 2019, Forbes ranked Bloomberg as the 8th richest person in the world, with an estimated net worth of over 50 billion dollars.

Equipment packages donated to Kenya by Chinese billionaire Jack Ma are unaccounted for. An estimated $400 million in funds have gone missing in Kenya during the Covid-19 response. Also, Zimbabwe insists that its plans to return the farms of 37 foreign nationals that were taken under a land reform programme in the early 2000s do not mean it's reversing its stance on the policy. Finally, the coronavirus has helped at least one sector: northern Nigeria's film industry. We see how online streaming platform Northflix is taking off.

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.