Alibaba

A few years ago, many people thought the party could soon be over for China’s livestreaming video industry, as the tens of millions of yuan a year paid out to top presenters becomes unsustainable amid a decline in online viewer numbers. The industry, however, has continued its rapid growth because…

As Jeff Bezos works hard to grow e-commerce giant Amazon, MacKenzie Bezos is quietly reaping the benefits. During the divorce settlement last year, MacKenzie had to make a choice that would dictate her fortunes. MacKenzie’s brilliant decision has made her the 17th richest person on the planet in this time…

Lesotho's Prime Minister Thomas Thabane, who is accused of murdering his estranged wife, has deployed the army in the capital Maseru against unnamed "rogue national elements" he said wanted to destabilise the southern African country. Key points:Mr Thabane suspended parliament last month over the coronavirus pandemicOpposition politicians are threatening to…

Alibaba has great relative value when compared with Amazon.Alibaba has better financials, higher growth, and more attractive margins.Alibaba has government support, Amazon has government animosity.My analysis through the lens of great growth manager Ballie Gifford.A closer look at Alibaba.Read More

The number of Covid-19 cases in Kenya rose to 225 on Wednesday with the reporting of nine more positive cases of the disease. Health Cabinet Secretary Mutahi Kagwe said 803 samples had been tested since Tuesday, when the ministry reported a total of 216 confirmed cases since the coronavirus was…

The coronavirus outbreak has now killed around 137,000, and infected more than 2 million people in 185 countries and territories, according to data by Johns Hopkins University.Key points:Some Pacific Island nations were among the first to restrict entry from coronavirus hotspotsComoros and Lesotho are the only two African nations to…

A prominent Democratic group poised to spend millions backing former vice president Joe Biden received $100,000 in the form of stock shares in the Chinese technology giant Baidu from an anonymous donor. Baidu, like many Chinese technology companies, is closely affiliated with China's ruling Communist Party. American Bridge, an opposition research…

Nonprofits & NGOs An outpouring of aid from nonprofits, foundations, and businesses in the nation first to face the epidemic provide some lessons and caveats for other regions now dealing with similar challenges. (Photo by iStock/caoyu36) With the first reports of COVID-19 emerging from China, the nation has had the…

Cuban government officials say the six-decade U.S. embargo on the island has been an obstacle to purchasing the medicine and equipment they need to fight the coronavirus pandemic, though they say they have managed to acquire all the supplies they need for now.“At this moment, we have all the resources…

View photos(Bloomberg) --A world leader in intensive care. A mass grave in New York. And infections racing toward 1.8 million across the globe, with deaths crossing the 100,000 mark.The coronavirus pandemic has spurred a multi-billion dollar global fight for masks, ventilators, gloves and medicines, while the outbreak is cutting a swathe through the…