China's e-commerce giant Alibaba Group Holding is planning a US IPO in the third quarter of this year, people familiar with the matter told Reuters, in what is the expected to be a more than $15 billion deal.
The Hangzhou, China-based company, which controls about 80 percent
A missing Malaysian jetliner was likely steered deliberately to a course that could have taken it anywhere from central Asia to the southern Indian Ocean, Malaysia's prime minister said on Saturday, in a dramatic revelation that intensified scrutiny of the 239 crew and passengers.
Saudi Arabia has demanded that Qatar shut down Al Jazeera and two think tanks during a recent meeting of the GCC foreign ministers, a source close to someone who attended the talks said yesterday.
Riyadh demanded the closure of the pan- Arab broadcaster as well as the Brookings D
Veteran British Labour politician Tony Benn, who was born into the aristocracy but became a champion of the left, has died aged 88, his family said yesterday.
Benn was a member of parliament for 50 years and a cabinet minister for 11 years.
A divisive figure at the
Plans for Bahrain's biggest boat show have been put on hold due to development work at Amwaj Marina, said a report.
This year's Bahrain Boat Show International (BBSI), which is organised by Knotika Holdings, was slated to be held over four days from April 23.
Posco's new chief executive said the South Korean steelmaker will restructure non-steel businesses and not make any major investment in increasing steelmaking capacity, in a marked break from the strategy of his predecessor.
Kwon Oh-joon will sell non-core assets and list aff
US consumer sentiment weakened in early March as an unusually harsh winter appeared to dim views on the economy's prospects.
The preliminary Thomson Reuters/University of Michigan index of consumer sentiment fell to 79.9 in March from 81.6 the prior month, a survey showed yes
Dozens of Russians linked to Russia's gradual takeover of Crimea could face US and EU travel bans and asset freezes on Monday, after six hours of crisis talks between Washington and Moscow ended with both sides still far apart.
Moscow shipped more troops and armour into Crime
India's key inflation rate has dropped to its lowest level in nine months.
The easing of the price increases comes less than a month before general elections in the world's most populous democracy.
The wholesale price index for February was 4.7 per cent hig
Investigators believe someone aboard a missing Malaysian airliner deliberately shut off its communications and tracking systems, turned the plane around and flew for nearly seven hours after it vanished, Prime Minister Najib Razak said on Saturday.
Shortly after the prime ministe