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Alibaba shares dive more than 7% after cloud service called off
Shares in Chinese e-commerce titan Alibaba tanked more than seven percent at the Hong Kong open Friday after the firm's surprise decision to call off part of its high-profile restructuring because of the US-China chip war. The firm's stock dived 7.13 percent soon after the starting bell in Hong Kong, tracking a collapse in its New York-listed shares.
The long-term economic risks of America's budget dysfunction
The use of stop-gap funding measures to keep the US government open amid frequent political squabbles over how to tackle rising national debt carries long-term risks for the world's largest economy.
IBM pulls ads from Elon Musk's X over pro-Nazi posts
IBM on Thursday said it has stopped advertising on X due to a report its ads were shown next to pro-Nazi posts at the platform formerly known as Twitter.
Workers at GM ratify contract in win for US auto union
Workers at General Motors have voted to ratify a new labor contract with sweeping pay increases, according to figures published Thursday, a landmark step after a major auto industry strike this year.
Asia trade talk stumble is another setback for US: analysts
The United States stumbled again in trade negotiations with Asia-Pacific partners this week, a setback that analysts say could weigh on America's standing as a partner in the face of China's growing influence.
Heartwarming Cyril Ramaphosa moment: President's kindness shines off-camera, melts Mzansi's heart
After Cyril Ramaphosa had addressed the nation, declaring an additional holiday, a candid moment captured him playfully reprimanding someone in the room.
What happened to Colton Harris-Moore, known as the 'Barefoot Bandit'?
Colton Harris Moore became famous as the Barefoot Bandit because he sometimes committed crimes barefoot and left footprints as evidence. Find out more here.
Ja Morant's parents: Who are they, and are they still together?
Ja Morant's parents played a significant role in the success the basketball player enjoys today, and he is always quick to praise them. Read on here.
Amazon to sell new cars next year in US, starting with Hyundai
E-commerce giant Amazon said Thursday it would start selling new automobiles on its platform in the United States next year. Amazon made the announcement at the Los Angeles Auto Show in conjunction with Hyundai, the South Korean auto giant that will be the first brand sold on the site.
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