BUSINESS

Alibaba led a rally in tech firms in Hong Kong

Tech Rally Helps Hong Kong Lead Asian Markets Higher

Hong Kong resumed its tech-led rally on a healthy day for Asian markets Tuesday as a meeting between President Xi Jinping and China's top business leaders fanned hopes that a years-long crackdown on the private sector is coming to an end.
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Ford CEO Jim Farley said tariffs on Canada and Mexico would 'blow a hole in the US industry that we have never seen'

Trump Tariffs Fuel US Auto Anxiety

A flood of presidential trade policy announcements has kept US automakers on edge since Donald Trump returned to the White House last month.
Fans complain that makeshift venues can have poor sanitation, non-existent crowd-control measures and terrible traffic

Global Stars Eye India, But Show Needs Fine-tuning

With Coldplay and Ed Sheeran among the superstars who have played to packed-out crowds in India recently, there is increasing talk that the world's most populous nation could soon become a mainstay of the global touring schedule.
'Democracy rests on the sacred principle that the voice of the people matters,' said Vance

Vance, Germany Lock Horns Over Far Right

US Vice-President JD Vance Friday urged Germany's mainstream political parties to drop resistance to cooperating with the far right, hours after Berlin rejected American "meddling" ahead of its election.
Adidas has gotten into hot water for not disclosing its 'Samba OG' model was made of pigskin

Turkey Fines Adidas $15,000 For Pigskin Shoes

Turkey has hit German sporting equipment giant Adidas with a fine of more than $15,000 for failing to inform customers that one of its flagship footwear models contained pigskin.
A national minute's silence to honour the victims of the Obrero school shooting

Sweden's Immigrants On Edge After Mass Shooting

The motive behind Sweden's deadliest mass shooting may never be known but the fact that almost all of the victims had foreign backgrounds has sparked concern among the country's immigrants.
Alibaba's share price has soared on news co-founder Jack Ma will meet Chinese President Xi Jinping

Alibaba Shares Soar On Reports Of Potential Xi Meeting With Jack Ma

Alibaba shares soared by more than six percent on Friday following reports that Chinese President Xi Jinping was poised to meet with the tech juggernaut's co-founder Jack Ma. Alibaba, which has already surged more than 40 percent in 2025, piled on 6.3 percent after also being given an extra leg-up Thursday when its chairman said it would supply AI technology to power Apple's iPhones in China.

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