Business

Alibaba shares slide after $10.2 billion AI share sale offered at sharp discount

Alibaba shares slide after $10.2 billion AI share sale offered at sharp discount

By Kane Wu, Samuel Shen and Casey Hall HONG KONG/SHANGHAI, Aug 24 (Reuters) - China's Alibaba shares slumped in Hong…

August 24, 2026

Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPO

By Yantoultra Ngui and Kane Wu HONG KONG, Aug 24 (Reuters) - Shein aims to raise up to $1.8 billion…

August 24, 2026

Alibaba shares slide after $10.2 billion AI share sale offered at sharp discount

By Kane Wu, Samuel Shen and Casey Hall HONG KONG/SHANGHAI, Aug 24 (Reuters) - China's Alibaba shares slumped in Monday…

August 24, 2026

Fast-fashion giant Shein shrinks value to up to $27 billion in Hong Kong IPO

By Yantoultra Ngui and Kane Wu HONG KONG, Aug 24 (Reuters) - Shein aims to raise up to $1.8 billion…

August 24, 2026

Gunnebo Safe Storage Launches Steelage Mahotsav 2026 for India’s Jewellers

Mumbai (Maharashtra) [India], August 22: Gunnebo, a global leader in physical security solutions, today announced the launch of Steelage Mahotsav…

August 24, 2026

Samsung Electronics shares skid as record shareholder returns disappoint

SEOUL, Aug 24 (Reuters) - Shares of Samsung Electronics fell over 8% in early trade on Monday after the company’s…

August 24, 2026

Dollar trading near multi-month lows, restrained by debt nerves

By Tom Westbrook SINGAPORE, Aug 24 (Reuters) - A wavering dollar was pinned near multi-month lows on Monday in a…

August 24, 2026

MIT India’s IRS 2026 Brings 100+ Startups and 100+ Student Teams Together, Advancing Innovation, Entrepreneurship and Industry-Ready Solutions

MIT India’s Industry Institute Reconnect Summit (IRS) 2026 Pune (Maharashtra) [India], August 22: MIT India’s Industry Institute Reconnect Summit (IRS…

August 24, 2026

Xiaomi launches new Xring chip, partners with TSMC for production, sources say

By Che Pan and Eduardo Baptista BEIJING, Aug 24 (Reuters) - Chinese smartphone maker Xiaomi on Monday unveiled a new version…

August 24, 2026

New Zealand to introduce bill banning social media for children under 16

By Renju Jose and Alasdair Pal SYDNEY, Aug 24 (Reuters) - New Zealand Prime Minister Christopher Luxon said on Monday…

August 24, 2026