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Alibaba Ups Share Buyback Target To $25B: What You Need To Know

Chinese e-commerce giant Alibaba Group Holding Limited has raised its share buyback program to $25 billion from $15…

ByByBizTech Weekly Mar 22, 2022
Asian shares fall after Wall St gain as markets eye Ukraine

Asian stock markets are lower after Wall Street’s biggest weekly gain in 16 months. Shanghai, Hong Kong, Seoul…

ByByBizTech Weekly Mar 20, 2022
GM buys US$2.1bn stake in Cruise from Softbank

General Motors buys Softbank Vision Fund’s stake in self-driving vehicle start-up Cruise LLC for US$2.1 billion. Softbank had…

ByByBizTech Weekly Mar 20, 2022
Volkswagen recalls over 246K SUVs due to unexpected braking

The problem can cause the side air bags to deploy late in a crash, and the parking brake…

ByByBizTech Weekly Mar 19, 2022
Here’s how the new sanctions bill could hurt the crypto industry

A group of democratic co-sponsors led by Senator Warren introduced a bill titled the Digital Asset Sanctions Compliance…

ByByBizTech Weekly Mar 19, 2022
After sizzling rebound, investors weigh whether stocks have more bounce

Wall Street stormed back this week after absorbing a long-awaited rate hike from the Federal Reserve. The S&P…

ByByBizTech Weekly Mar 18, 2022
Wall Street opens lower; S&P 500 heads toward weekly gain

The S&P 500 fell less than 0.1% as of 10:48 a.m. Eastern. The Dow Jones Industrial Average fell…

ByByBizTech Weekly Mar 18, 2022
Moderna asks FDA to authorize second booster dose for all adults:

Moderna announced on Thursday that it had asked the Food and Drug Administration for emergency use authorization for…

ByByBizTech Weekly Mar 17, 2022