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Alibaba set to sell Intime for $1 billion to Youngor Fashion

Alibaba (NYSE:BABA) Group Holding Ltd. is on the verge of finalizing a deal to divest its department store chain, Intime, to Youngor…
Stock

Allianz withdraws $1.63 billion bid for Income Insurance stake

The German financial services giant Allianz (ETR:ALVG) has withdrawn its proposal to acquire a 51% stake in Income Insurance, a Singapore-based insurer….
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Trump transition team proposes EV policy rollback

The transition team of incoming U.S. President Donald Trump is advocating for significant policy changes that would end support for electric vehicles…
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Israel Aerospace ready for IPO, awaits government approval, CEO says

By Steven Scheer JERUSALEM (Reuters) – State-run Israel Aerospace Industries is ready for an initial public offering in Tel Aviv but awaits…
Stock

Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.33%

Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the Media & Publishing, Agriculture & Food…
Stock

Exclusive-Trump transition recommends scrapping car-crash reporting requirement opposed by Tesla

By Jarrett Renshaw, Rachael Levy and Chris Kirkham (Reuters) -The Trump transition team wants the incoming administration to drop a car-crash reporting…
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How we got to a global obesity epidemic and how GLP-1 is a game-changer

Investing.com — The global obesity epidemic represents one of the most pressing public health challenges of our time. With nearly three-quarters of…
Stock

5 big analyst AI moves: Nvida’s next stop is $160-170; AMD, Adobe downgraded

Investing.com — Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get…
Stock

Holiday shopping season: Amazon leads on price/selection, eBay for best value

Investing.com — Bank of America’s 16th Annual Holiday Pricing Survey revealed that Amazon (NASDAQ:AMZN) and eBay (NASDAQ:EBAY) are leading the pack this holiday…
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Investing.com’s stocks of the week

Investing.com — As the second week of December ended, several stocks experienced significant volatility, mostly as a reaction to their earnings results….
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