[ad_1] (Reuters) – Alibaba Group Holding Ltd on Friday reported forecast-beating fourth-quarter revenues and profits, as more people shopped online for essentials because of the coronavirus lockdowns. FILE PHOTO: A logo of Alibaba Group is

[ad_1] (Reuters) – China’s Pinduoduo Inc beat first-quarter revenue estimates on Friday, as more people shopped at its e-commerce platform during coronavirus lockdowns that shut down most brick-and-mortar shops. Stay-at-home orders have boosted demand for

[ad_1] LONDON (Reuters) – Oil fell 5% on Friday to around $34 a barrel as tensions rose between the United States and China, and doubts grew about the pace of demand recovery from the coronavirus

[ad_1] PARIS/TOKYO (Reuters) – Europe’s car industry was put on alert for more job losses on Friday as a French minister warned Renault could disappear if it didn’t get help soon and a Japanese news

[ad_1] HONG KONG (Reuters) – China’s plans to impose national security legislation in Hong Kong are expected to lead to the flight of capital and talent from the Asian financial hub, bankers and headhunters said.

[ad_1] LONDON (Reuters) – A measure of British public debt leapt to close to 100% of the country’s economic output in April, its highest in nearly 60 years, and retail sales slumped by a record

[ad_1] TOKYO (Reuters) – Oil prices fell on Friday as tensions rose between the U.S. and China and as Beijing failed to set target for economic growth this year, stoking concern that the coronavirus pandemic

[ad_1] LONDON (Reuters) – Britain has extended its mortgage payment holiday scheme for homeowners in financial difficulty during the coronavirus pandemic for another three months. Britain’s finance ministry said more than 1.8 million mortgage payment

[ad_1] YPSILANTI, Mich. (Reuters) – President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co (F.N) plant amid tensions with its Democratic governor during

[ad_1] FILE PHOTO: A security guard’s reflection is seen next to the logo of the Reserve Bank Of India (RBI) at the RBI headquarters in Mumbai, India, June 6, 2019. REUTERS/Francis Mascarenhas/File Photo MUMBAI (Reuters)