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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

P&G agrees to disclose more on wood-pulp supplier audits

Procter & Gamble (NYSE:PG) has committed to providing greater transparency regarding its wood-pulp supplier audits. This move comes as a response to…
Stock

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…
Latest News

Trump seizes on drone controversy to mock Chris Christie

President-elect Trump on Saturday seized on the mysterious drone controversy in New Jersey to mock one-time ally turned nemesis Chris Christie.  The…
Latest News

Trump announces more nominations, including Devin Nunes, Troy Edgar and Bill White

President-elect Trump nominated a few more candidates Saturday to serve in various positions during his second term. Truth Social CEO Devin Nunes…
Latest News

Trump taps Richard Grenell as presidential envoy for special missions, Edward S. Walsh as Ireland ambassador

President-elect Trump named a couple of key first-term allies to roles in his second administration, including Richard Grenell. Grenell was the incoming…
Latest News

Rep Gimenez warns China is ‘greatest threat’ to US, Trump admin will ‘project strength’ to CCP

Rep. Carlos Gimenez, a member of the House Select Committee on the Chinese Communist Party (CCP), said China is the ‘greatest threat’…
Latest News

Trump leaves China guessing what his next move is with unusual inauguration invitation

President-elect Trump took China by surprise when he invited President Xi Jinping to his upcoming inauguration, a friendly gesture ahead of a…
Economy

South Korea’s acting president moves to reassure allies, calm markets after impeachment

By Heekyong Yang and Josh Smith SEOUL (Reuters) -South Korea’s acting president, Han Duck-soo, moved on Sunday to reassure the country’s allies…
Economy

Saudi Arabia’s inflation reaches 2% in November

RIYADH (Reuters) – Saudi Arabia’s annual inflation rate continued to slowly accelerate, hitting 2% in November compared to 1.9% in October, according…
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