Alibaba Group Holding Ltd. foresees its cloud services arm turning profitable for the first time this year, a milestone for the decade-old business that underscores how Asia’s largest corporation expects a return to pre-pandemic levels as China’s economy rebounds.
General Atlantic will invest 36.8 billion rupees ($498 million) in billionaire Mukesh Ambani’s retail venture as Asia’s richest man continues to garner funds after securing more than $20 billion for his digital services unit earlier this year.
Stock investors lost more money in Hong Kong than in most places this quarter. Again.
Australians are diving into home ownership, taking advantage of low interest rates and government stimulus programs -- undeterred by the nation’s first recession in almost three decades.
Santos Ltd. won approval to proceed with a major natural gas project in Australia, securing a long-term role for fossil fuels even as their part in the global transition to cleaner energy is questioned.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}