Alibaba Group Holding Ltd. shares tumbled in the US after the China Securities Regulatory Commission denied a report by Bloomberg that the regulator was working to revive the initial public offering of Jack Ma’s Ant Group Co. Stephen Engle reports on Bloomberg Television.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Caroline Hyde, Romaine Bostick, Taylor Riggs, Carol Massar and Tim Stenovec.
Eurozone GDP outperformed expectations in the first quarter, recording a 5.4% year-on-year expansion that handily beat estimates. The data means that the 19-member currency bloc has now definitively returned to pre-Covid output levels. Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights
New research has revealed that a third of UK office workers experience problems with their workplace technology which, on average, can take over three days to be replaced. What does this mean for already struggling IT departments when 8 in 10 people in the UK agree that flexible working is here to stay? Simply put, […]
The Prime Minister, Boris Johnson’s desire to loosen the tax purse strings in the wake of ‘Partygate’ and the vote of no confidence is likely to be resisted by the Chancellor say leading tax and advisory firm Blick Rothenberg. Nimesh Shah, CEO at the firm said: “A dramatic popular move would be to have a […]
Soaring fuel prices have put the haulage industry in crisis with the cost of running one lorry up £20,000 on last year, a freight boss has said. Lesley O’Brien, director of Freight Link Europe, said “pretty much everything you buy comes on the back of a truck” so customers were paying more. Her comments come […]
National rail strikes will have a devastating impact on the theatre, live music and hospitality industries recovering from the Covid pandemic, trade bodies have warned. Thousands of workers are set to walk out on 21, 23 and 25 June after talks over pay and redundancies failed. The RMT Union said the action will shut down […]
More talks will be held this week between unions and rail industry leaders in an attempt to avoid a week of national strikes that will shut down much of Britain’s rail network in late June. Passengers whose journeys were affected would receive refunds for tickets they had bought, the Rail Delivery Group, which represents train […]
SINGAPORE — Oil prices held near 13-week highs on Thursday, underpinned by robust demand in the world’s top consumer United States while demand is expected to rebound in China as COVID-19 curbs across major cities are relaxed. Read More
Digital transformation isn’t a new imperative for business leaders, but Covid-19 has made it a more urgent one, with firms looking to enhance their agility, speed, and data-driven decision-making. At the recently held Sapphire conference in Orlando, Florida, German enterprise software maker SAP announced innovations in four critical areas that will help its customers accelerate […]