JPMorgan picks China stocks to buy now. Alibaba’s not on the list
A handful of big-name Chinese stocks are starting to emerge from a downbeat few quarters, making it a good time to buy ahead of next year, JPMorgan analysts said. China's lackluster economic recovery this year disappointed many who had expected a far more robust rebound and...
Macy’s receives $5.8 billion buyout offer, sources say
People wait in line outside Macy's before opening on "Black Friday" in New York City on November 24, 2023. The retail sector's efforts to entice holiday gift purchases builds to a crescendo this weekend with the annual "Black Friday" shopping day followed by the newer "Cyber...
China’s livestream shopping is booming, fueling new tech such as avatars...
HAIAN, CHINA - NOVEMBER 7, 2023 - A crab farmer sells crabs via a live webcast at Xinhai village in Haian city, Jiangsu province, China, Nov 7, 2023. (Photo by Costfoto/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesBEIJING — Livestream shopping is taking off in...
SumUp, a rival to Jack Dorsey’s Block, defies fintech funding slump with...
SumUp Chief Financial Officer Hermione McKee said the fresh capital gives the company "more firepower to act on opportunities," including acquisitions and new country launches.SumUpBritish payments startup SumUp, known for its small card readers, on Monday announced it has...
Geopolitics and central banks could keep gold demand hot in 2024, World Gold...
An employee puts gold bullions into a safe deposit box at Degussa shop in SingaporeEdgar Su | ReutersGold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued central bank buying should see demand remain...